Plymouth County/Rockland/02370

02370

ZIPSAFMR

Plymouth County, MA

View on ZillowZillow

ZIP Investment Score

68Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$2,130	$2,100	5.2%
1 BR	$2,230	$2,020	4.0%
2 BR	$2,650	$2,760	3.6%
3 BR	$3,180	$3,300	3.2%
4 BR	$3,510	$3,740	3.2%
5 BR	$4,036	Not available	3.2%
6 BR	$4,642	Not available	3.2%
7 BR	$5,338	Not available	3.2%
8 BR	$6,139	Not available	3.2%

Purchase Price Calculator

Maximum purchase price

$348,218

Cost breakdown

+Likely effective rent$2,760

HUD FMR$2,650

Market rent$2,820

Est. payment standard (104%)Used$2,760

-Principal and interest-$1,761

Loan amount$278,575

Down payment$69,644

Rate6.50%

Term30 years

-Operating costs-$799

Property taxes-$348

Insurance-$175

Utilities$0

HOA$0

Management-$276

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$43,955(63.1% ROI)

Projected value

$374,993

Return breakdown

Property appreciation+$26,775

Loan principal paid down+$9,981

Rental cash flow+$7,200

5-year hold

+$75,557(108.5% ROI)

Projected value

$393,977

Return breakdown

Property appreciation+$45,759

Loan principal paid down+$17,798

Rental cash flow+$12,000

10-year hold

+$163,940(235.4% ROI)

Projected value

$445,749

Return breakdown

Property appreciation+$97,531

Loan principal paid down+$42,410

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.01ratio

FMR$2,130

Market$2,100

vs market+$30

FMR is near market; voucher and private rents are aligned.

1.01

1 BR

1.10ratio

FMR$2,230

Market$2,020

vs market+$210

FMR is above market; underwrite to market rent.

1.10

2 BR

0.94ratio

FMR$2,650

Market$2,820

vs market-$170

FMR is near market; voucher and private rents are aligned.

0.94

3 BR

0.95ratio

FMR$3,180

Market$3,360

vs market-$180

FMR is near market; voucher and private rents are aligned.

0.95

4 BR

0.91ratio

FMR$3,510

Market$3,860

vs market-$350

FMR is near market; voucher and private rents are aligned.

0.91

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 02370 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 02370 (Rockland, MA) is $2,650 a month. That is up 3.5% from $2,560 in FY 2026. Rockland is in the Brockton, MA HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,409. Among 59 ZIP codes in Plymouth County, 02370 is tied for the 14th-highest two-bedroom rent (county range $2,080–$3,160). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 02370 is 19% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 02370
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$2,040	$2,130	+4.4%	$1,917–$2,343
1BR	$2,160	$2,230	+3.2%	$2,007–$2,453
2BR	$2,560	$2,650	+3.5%	$2,385–$2,915
3BR	$3,080	$3,180	+3.2%	$2,862–$3,498
4BR	$3,390	$3,510	+3.5%	$3,159–$3,861

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 02370
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$2,130	$2,230	$2,650	$3,180	$3,510
FY 2026	$2,040	$2,160	$2,560	$3,080	$3,390
FY 2025	$2,000	$2,140	$2,550	$3,080	$3,390
FY 2024	$1,830	$1,980	$2,380	$2,890	$3,190
FY 2023	$1,630	$1,790	$2,160	$2,670	$2,930

Two-bedroom rent in nearby Plymouth County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 02370
02358	$2,650	0.0%
02359	$3,160	+19.2%
02360	$2,650	0.0%
02361	$2,650	0.0%
02362	$2,650	0.0%
02364	$2,650	0.0%
02366	$2,650	0.0%
02367	$2,650	0.0%
02370Current	$2,650	—
02375	$2,990	+12.8%
02379	$2,810	+6.0%
02381	$2,650	0.0%

Questions about ZIP 02370 rents

How much will Section 8 pay for a two-bedroom in ZIP 02370?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,409, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,168 to $2,650 a month; under the ZIP-level Small Area FMR of $2,650 it would be $2,385 to $2,915. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 02370 in?

ZIP 02370 is in the Brockton, MA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,409.

How much did fair market rent change in ZIP 02370 for FY 2027?

The two-bedroom FMR rose 3.5%, from $2,560 in FY 2026 to $2,650 in FY 2027. Since FY 2023 it has risen 22.7%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rent Rockland, MA fair market rent MA statewide rents What is SAFMR?Data sources