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Middlesex County/Newtonville/02460

02460

ZIPSAFMR
Middlesex County, MA
Zillow

ZIP Investment Score

35Below average

095130300
BRFMR
Eff. Rent
0 BR$2,860$2,230
1 BR$2,950$2,850
2 BR$3,530$3,320
3 BR$4,210$3,770
4 BR$4,640$4,790
5 BR$5,336Not available
6 BR$6,136Not available
7 BR$7,057Not available
8 BR$8,115Not available

Purchase Price Calculator

Maximum purchase price
$431,434

Cost breakdown

+Likely effective rent$3,320
HUD FMR$3,530
Market rentUsed$3,320
Est. payment standard (96%)$3,390
-Principal and interest-$2,182
Loan amount$345,147
Down payment$86,287
Rate6.50%
Term30 years
-Operating costs-$938
Property taxes-$431
Insurance-$175
Utilities$0
HOA$0
Management-$332
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$52,739(61.1% ROI)
Projected value
$464,607
Return breakdown
Property appreciation+$33,173
Loan principal paid down+$12,366
Rental cash flow+$7,200
5-year hold
+$90,746(105.2% ROI)
Projected value
$488,128
Return breakdown
Property appreciation+$56,694
Loan principal paid down+$22,052
Rental cash flow+$12,000
10-year hold
+$197,383(228.8% ROI)
Projected value
$552,272
Return breakdown
Property appreciation+$120,838
Loan principal paid down+$52,545
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.28
1 BR
1.04
2 BR
1.06
3 BR
1.12
4 BR
0.95
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 02460 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 02460 (Newtonville, MA) is $3,530 a month. That is up 4.1% from $3,390 in FY 2026. Newtonville is in the Boston-Cambridge-Quincy, MA-NH 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 $3,008. Among 107 ZIP codes in Middlesex County, 02460 has the 19th-highest two-bedroom rent (county range $2,240–$4,510). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 02460 is 59% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 02460
BedroomsFY 2027Change90–110% range
Studio$2,860+5.1%$2,574–$3,146
1BR$2,950+3.5%$2,655–$3,245
2BR$3,530+4.1%$3,177–$3,883
3BR$4,210+3.7%$3,789–$4,631
4BR$4,640+3.3%$4,176–$5,104

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 02460
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,860$2,950$3,530$4,210$4,640
FY 2026$2,720$2,850$3,390$4,060$4,490
FY 2025$2,520$2,670$3,160$3,810$4,190
FY 2024$2,500$2,690$3,200$3,870$4,260
FY 2023$2,300$2,490$2,990$3,640$4,020

Two-bedroom rent in nearby Middlesex County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 02460
02453$3,160−10.5%
02454$3,050−13.6%
02455$3,050−13.6%
02458$3,150−10.8%
02459$3,300−6.5%
02460Current$3,530—
02461$4,340+22.9%
02462$3,640+3.1%
02464$3,370−4.5%
02465$3,120−11.6%
02466$3,150−10.8%
02467$4,190+18.7%

Questions about ZIP 02460 rents

How much will Section 8 pay for a two-bedroom in ZIP 02460?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,008, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,707 to $3,309 a month; under the ZIP-level Small Area FMR of $3,530 it would be $3,177 to $3,883. 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 02460 in?

ZIP 02460 is in the Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,008.

How much did fair market rent change in ZIP 02460 for FY 2027?

The two-bedroom FMR rose 4.1%, from $3,390 in FY 2026 to $3,530 in FY 2027. Since FY 2023 it has risen 18.1%.

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 rentNewtonville, MA fair market rentMA statewide rentsWhat is SAFMR?Data sources