Location: Amherst Town-Northampton, MA | Metro: Amherst Town-Northampton, MA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,540 |
| 1 Bedroom | $1,730 |
| 2 Bedrooms | $2,210 |
| 3 Bedrooms | $2,890 |
| 4 Bedrooms | $3,010 |
| 5 Bedrooms | $3,492 |
| 6 Bedrooms | $3,911 |
| 7 Bedrooms | $4,224 |
| 8 Bedrooms | $4,435 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,210 | $375,801 | 0.59% | F |
| 3BR | $2,890 | $454,266 | 0.64% | D |
U.S. Census Bureau data (2024)
Goshen, MA, located in Hampshire County, is uniquely characterized by its small resident population of 509 and a low rental rate of 9.6%. The median income for Goshen residents stands at $97,500, indicating a relatively affluent community. However, the median home value of $377,236 suggests that homeownership is a significant aspect of the local economy, with fewer properties available for rent.
The economics of Section 8 vouchers in Goshen are particularly noteworthy. The Fair Market Rent (FMR) for a ZIP code like 01032, as determined for fiscal year 2024, is set at $1550. This figure contrasts sharply with the actual market rent of $875, based on Census ACS data. Landlords can leverage this discrepancy to secure higher rents through Section 8 vouchers, effectively doubling their potential income compared to the local market rates.
The data signature for Goshen reads as stable. With a high median income and a significant median home value, there is little indication of rapid change in the economic landscape. The low percentage of renters also suggests a community where homeownership is preferred, which could be seen as a positive sign for long-term stability. For small-portfolio investors and landlords, Goshen offers a reliable environment where Section 8 vouchers can provide a substantial financial advantage over typical market conditions.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.