Location: Pittsfield, MA | Metro: Pittsfield, MA HUD Metro FMR Area
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 | $1,130 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,470 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $2,320 |
| 5 Bedrooms | $2,691 |
| 6 Bedrooms | $3,014 |
| 7 Bedrooms | $3,255 |
| 8 Bedrooms | $3,418 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,470 | $272,717 | 0.54% | F |
| 3BR | $1,900 | $331,690 | 0.57% | F |
| 4BR | $2,320 | $450,680 | 0.51% | F |
| 5BR | $2,691 | $627,181 | 0.43% | F |
U.S. Census Bureau data (2024)
To integrate ZIP 01226 into a Section 8 portfolio strategy, one must first understand the economic dynamics and housing market conditions present in Dalton, MA, which is part of the Pittsfield, MA HUD Metro Fair Market Rent (FMR) area. The ZIP code stands out as a cash-flow anchor. This classification is based on the significant spread between the HUD Fair Market Rent for the fiscal year 2024 ($1420) and the actual market rent ($872).
The disparity between the HUD FMR and the market rent indicates that landlords can potentially secure higher rental income through Section 8 vouchers compared to market rates. For instance, the difference of $548 per month could be a substantial cushion against the volatility of the local rental market. Additionally, the median home value in ZIP 01226 is $339,347, which suggests that homeownership is relatively expensive. As a result, a considerable portion of the population may rely on rental properties, particularly those supported by Section 8.
ZIP 01226 cannot be considered an appreciation play due to the lack of data regarding price-cut shares and days on market (DOM). These metrics would typically indicate whether there is potential for property value growth, but they are not available for this ZIP code. Therefore, focusing on appreciation as a strategy would not be advisable without further information.
However, ZIP 01226 does serve as a diversifier within a Section 8 portfolio. With a 29.3% renter share, there is a notable demand for rental properties. Moreover, the median income of $79,438 suggests that residents have the financial stability to support a steady stream of rental payments. By including ZIP 01226 in a broader investment strategy, landlords can mitigate risks associated with over-relying on any single type of investment or market condition.
In summary, ZIP 01226 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The high spread between the HUD FMR and market rent provides a reliable source of income, while the diversification benefits offered by the renter share and median income ensure a balanced approach to real estate investment.
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.