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Bristol County/Seekonk/02771

02771

ZIPSAFMR
Bristol County, MA
Zillow

ZIP Investment Score

58Below average

095130300
BRFMR
Eff. Rent
0 BR$1,950$1,580
1 BR$2,060$1,960
2 BR$2,570$2,450
3 BR$3,150$2,780
4 BR$3,580$2,980
5 BR$4,117Not available
6 BR$4,735Not available
7 BR$5,445Not available
8 BR$6,261Not available

Purchase Price Calculator

Maximum purchase price
$302,153

Cost breakdown

+Likely effective rent$2,450
HUD FMR$2,570
Market rentUsed$2,450
Est. payment standard (97%)$2,490
-Principal and interest-$1,528
Loan amount$241,722
Down payment$60,431
Rate6.50%
Term30 years
-Operating costs-$722
Property taxes-$302
Insurance-$175
Utilities$0
HOA$0
Management-$245
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,093(64.7% ROI)
Projected value
$325,385
Return breakdown
Property appreciation+$23,233
Loan principal paid down+$8,660
Rental cash flow+$7,200
5-year hold
+$67,149(111.1% ROI)
Projected value
$341,858
Return breakdown
Property appreciation+$39,705
Loan principal paid down+$15,444
Rental cash flow+$12,000
10-year hold
+$145,428(240.7% ROI)
Projected value
$386,781
Return breakdown
Property appreciation+$84,628
Loan principal paid down+$36,799
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.23
1 BR
1.05
2 BR
1.05
3 BR
1.13
4 BR
1.20
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 02771 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 02771 (Seekonk, MA) is $2,570 a month. That is up 8.4% from $2,370 in FY 2026. Seekonk 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, 02771 is tied for the 9th-highest two-bedroom rent (county range $1,560–$2,990). The median county two-bedroom FMR in Massachusetts is $2,222, so ZIP 02771 is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 02771
BedroomsFY 2027Change90–110% range
Studio$1,950+7.7%$1,755–$2,145
1BR$2,060+7.3%$1,854–$2,266
2BR$2,570+8.4%$2,313–$2,827
3BR$3,150+10.1%$2,835–$3,465
4BR$3,580+5.3%$3,222–$3,938

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 02771
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,950$2,060$2,570$3,150$3,580
FY 2026$1,810$1,920$2,370$2,860$3,400
FY 2025$1,630$1,740$2,130$2,570$3,110
FY 2024$1,570$1,700$2,060$2,490$3,090
FY 2023$1,230$1,350$1,620$1,970$2,440

Two-bedroom rent in nearby Bristol County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 02771
02761$1,800−30.0%
02763$2,000−22.2%
02764$2,230−13.2%
02766$2,810+9.3%
02767$2,430−5.4%
02768$2,300−10.5%
02769$1,660−35.4%
02770$2,080−19.1%
02771Current$2,570—
02777$1,890−26.5%
02779$2,220−13.6%
02780$2,300−10.5%

Questions about ZIP 02771 rents

How much will Section 8 pay for a two-bedroom in ZIP 02771?

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 $2,570 it would be $2,313 to $2,827. 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 02771 in?

ZIP 02771 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 02771 for FY 2027?

The two-bedroom FMR rose 8.4%, from $2,370 in FY 2026 to $2,570 in FY 2027. Since FY 2023 it has risen 58.6%.

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