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Barnstable County/Forestdale/02644

02644

ZIPSAFMR
Barnstable County, MA
Zillow

ZIP Investment Score

58Below average

095130300
BRFMR
Eff. Rent
0 BR$2,040$2,190
1 BR$2,060$2,170
2 BR$2,690$2,810
3 BR$3,370$3,200
4 BR$4,020$3,740
5 BR$4,623Not available
6 BR$5,316Not available
7 BR$6,114Not available
8 BR$7,031Not available

Purchase Price Calculator

Maximum purchase price
$355,648

Cost breakdown

+Likely effective rent$2,810
HUD FMR$2,690
Market rent$2,880
Est. payment standard (105%)Used$2,810
-Principal and interest-$1,798
Loan amount$284,519
Down payment$71,130
Rate6.50%
Term30 years
-Operating costs-$812
Property taxes-$356
Insurance-$175
Utilities$0
HOA$0
Management-$281
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$44,740(62.9% ROI)
Projected value
$382,994
Return breakdown
Property appreciation+$27,346
Loan principal paid down+$10,194
Rental cash flow+$7,200
5-year hold
+$76,913(108.1% ROI)
Projected value
$402,383
Return breakdown
Property appreciation+$46,735
Loan principal paid down+$18,178
Rental cash flow+$12,000
10-year hold
+$166,926(234.7% ROI)
Projected value
$455,260
Return breakdown
Property appreciation+$99,612
Loan principal paid down+$43,315
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.90
1 BR
0.92
2 BR
0.93
3 BR
1.05
4 BR
1.07
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 02644 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 02644 (Forestdale, MA) is $2,690 a month. That is up 6.7% from $2,520 in FY 2026. Forestdale is in the Barnstable Town, MA MSA. 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 $2,488. Among 56 ZIP codes in Barnstable County, 02644 has the 11th-highest two-bedroom rent (county range $2,180–$3,560). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 02644 is 21% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 02644
BedroomsFY 2027Change90–110% range
Studio$2,040+6.8%$1,836–$2,244
1BR$2,060+7.3%$1,854–$2,266
2BR$2,690+6.7%$2,421–$2,959
3BR$3,370+8.4%$3,033–$3,707
4BR$4,020+12.6%$3,618–$4,422

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 02644
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,040$2,060$2,690$3,370$4,020
FY 2026$1,910$1,920$2,520$3,110$3,570
FY 2025$1,760$1,810$2,370$2,910$3,340
FY 2024$1,430$1,530$2,010$2,450$2,800
FY 2023$1,330$1,470$1,940$2,370$2,640

Two-bedroom rent in nearby Barnstable County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 02644
02638$2,200−18.2%
02639$2,220−17.5%
02641$2,360−12.3%
02642$2,480−7.8%
02643$2,270−15.6%
02644Current$2,690—
02645$2,930+8.9%
02646$2,910+8.2%
02647$2,390−11.2%
02648$2,920+8.6%
02649$2,600−3.3%
02650$2,280−15.2%

Questions about ZIP 02644 rents

How much will Section 8 pay for a two-bedroom in ZIP 02644?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,488, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,239 to $2,737 a month; under the ZIP-level Small Area FMR of $2,690 it would be $2,421 to $2,959. 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 02644 in?

ZIP 02644 is in the Barnstable Town, MA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,488.

How much did fair market rent change in ZIP 02644 for FY 2027?

The two-bedroom FMR rose 6.7%, from $2,520 in FY 2026 to $2,690 in FY 2027. Since FY 2023 it has risen 38.7%.

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