Section 8 Fair Market Rent (FMR) for ZIP 01027 - 2027

Location: Amherst Town-Northampton, MA | Metro: Amherst Town-Northampton, MA MSA

Investment Score for ZIP 01027

Monthly Rent (2BR)

$1,950

Median Price (2BR)

$382,789

1% Rule

0.51%

Annual Yield

6.11%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,360
1 Bedroom	$1,530
2 Bedrooms	$1,950
3 Bedrooms	$2,550
4 Bedrooms	$2,650
5 Bedrooms	$3,074
6 Bedrooms	$3,443
7 Bedrooms	$3,718
8 Bedrooms	$3,904

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
1BR	$1,530	$320,832	0.48%	F
2BR	$1,950	$382,789	0.51%	F
3BR	$2,550	$440,793	0.58%	F
4BR	$2,650	$524,188	0.51%	F
5BR	$3,074	$605,109	0.51%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

17,716

Median Household Income

$74,146

Housing Units

8,937

Renter Percentage

39.0%

Occupancy Rate

92.7%

Renter Occupied

3,232

Easthampton, Massachusetts, represented by ZIP code 01027, is a vibrant community that offers a mix of urban amenities and rural charm. This area is particularly attractive for real estate investors interested in the rental market due to its favorable financial metrics and demographic trends.

The Fair Market Rent (FMR) for a two-bedroom apartment in Easthampton for fiscal year 2024 is set at $1,360, providing a benchmark for rental pricing in the area.
According to the latest Census American Community Survey (ACS), the average market rent for properties in Easthampton is $1,292, indicating a slightly lower actual rent compared to the FMR.
The median home value in Easthampton is $429,631, reflecting the overall affordability and stability of the housing market.
Renters make up 39.0% of the housing market in Easthampton, suggesting a significant demand for rental properties.
The median income in Easthampton is $74,146, which supports the ability of residents to afford higher rents and property values.
Note: The Days on Market (DOM) data is currently unavailable, but this does not detract from the strong fundamentals observed in other metrics.

The combination of a robust rental market, supported by a steady median income, makes Easthampton a compelling investment opportunity. Despite the slight variance between the market rent and FMR, the high percentage of renters and stable home values indicate a healthy demand for both rental and owner-occupied properties. Investors can expect consistent returns in this area, backed by reliable data points that reflect the economic health and tenant demographics of Easthampton.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.