FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR
0.76ratio
FMR$1,430
Market$1,870
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR
0.74ratio
FMR$1,880
Market$2,540
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.74
3 BR
3 BR
0.82ratio
FMR$2,310
Market$2,800
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.82
4 BR
4 BR
0.86ratio
FMR$2,480
Market$2,890
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.86
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
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ZIP 02712 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 02712 (Chartley, MA) is $1,880 a month. That is up 7.4% from $1,750 in FY 2026. Chartley is in the New Bedford, 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 $1,668. Among 45 ZIP codes in Bristol County, 02712 is tied for the 28th-highest two-bedroom rent (county range $1,560–$2,990). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 02712 is 15% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 02712
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,210
$1,290
+6.6%
$1,161–$1,419
1BR
$1,330
$1,430
+7.5%
$1,287–$1,573
2BR
$1,750
$1,880
+7.4%
$1,692–$2,068
3BR
$2,170
$2,310
+6.5%
$2,079–$2,541
4BR
$2,320
$2,480
+6.9%
$2,232–$2,728
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 02712
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,290
$1,430
$1,880
$2,310
$2,480
FY 2026
$1,210
$1,330
$1,750
$2,170
$2,320
FY 2025
$1,130
$1,260
$1,660
$2,090
$2,240
FY 2024
$1,060
$1,190
$1,570
$1,980
$2,120
FY 2023
$920
$1,040
$1,370
$1,720
$1,890
Two-bedroom rent in nearby Bristol County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 02712?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,668, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,501 to $1,835 a month; under the ZIP-level Small Area FMR of $1,880 it would be $1,692 to $2,068. 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 02712 in?
ZIP 02712 is in the New Bedford, MA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,668.
How much did fair market rent change in ZIP 02712 for FY 2027?
The two-bedroom FMR rose 7.4%, from $1,750 in FY 2026 to $1,880 in FY 2027. Since FY 2023 it has risen 37.2%.
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