Location: Springfield, 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 | $1,330 |
| 1 Bedroom | $1,500 |
| 2 Bedrooms | $1,920 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $2,600 |
| 5 Bedrooms | $3,016 |
| 6 Bedrooms | $3,378 |
| 7 Bedrooms | $3,648 |
| 8 Bedrooms | $3,830 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,920 | $326,438 | 0.59% | F |
| 3BR | $2,500 | $392,566 | 0.64% | D |
| 4BR | $2,600 | $387,814 | 0.67% | D |
U.S. Census Bureau data (2024)
1330 is the Fair Market Rent (FMR) set for ZIP code 01050 in Huntington, MA, for fiscal year 2024. 1326 represents the average market rent as per the Census American Community Survey, indicating a slight increase over the FMR. The median home value in this area stands at 350,536, reflecting a stable housing market. Renter share makes up 13.8% of the population, suggesting a moderate demand for rental properties. Median income in Huntington, MA, is 95,882, which can influence the affordability of housing for residents. While the days on market (DOM) and the percentage of price-cut share are not available, these figures would typically provide insight into how quickly homes sell and whether they require price adjustments. Given the data, landlords and small-portfolio investors should consider the balance between FMR and market rents when setting their own rates. The relatively low renter share suggests potential for growth in the rental sector, but also indicates that competition might be less intense compared to areas with higher renter populations. The stable median home value and moderate median income levels point towards a predictable market where consistent returns can be expected. In conclusion, for Section 8 properties, the alignment with the 1330 FMR ensures compliance and attractiveness to tenants, making it a viable option for investment in Huntington, MA.
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.