Section 8 Fair Market Rent (FMR) for ZIP 01469 - 2027

FY 2027 Fair Market Rent Rates

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Housing Authorities Serving ZIP 01469

• Cambridge Housing Authority (Cambridge, MA) - 7,597 Section 8 vouchers
• Lowell Housing Authority (Lowell, MA) - 1,405 Section 8 vouchers
• Somerville Housing Authority (Somerville, MA) - 1,358 Section 8 vouchers
• Medford Housing Authority (Medford, MA) - 1,194 Section 8 vouchers
• Framingham Housing Authority (Framingham, MA) - 1,065 Section 8 vouchers
• Malden Housing Authority (Malden, MA) - 983 Section 8 vouchers
• Chelmsford Housing Authority (Chelmsford, MA) - 891 Section 8 vouchers
• Waltham Housing Authority (Waltham, MA) - 455 Section 8 vouchers
• Newton Housing Authority (Newton Highlands, MA) - 446 Section 8 vouchers
• Arlington Housing Authority (Arlington, MA) - 427 Section 8 vouchers

Townsend, MA, located in the heart of Massachusetts, offers a tranquil setting for both residents and investors. The town is known for its rural charm and proximity to larger urban centers, providing a balanced lifestyle that appeals to a variety of demographics. For real estate investors, particularly those interested in Section 8 housing, understanding the local market dynamics is crucial.

• The Fair Market Rent (FMR) for ZIP 01469 as of the fiscal year 2024 is set at $2380. This figure represents the maximum amount that landlords can charge for Section 8 vouchers, ensuring a steady and predictable income stream for those who qualify.
• The average market rent for properties in Townsend, MA, according to the Census Bureau's American Community Survey (ACS), is $1,305. This indicates that the rental market is below the FMR, potentially offering opportunities for landlords to participate in the Section 8 program while still being competitive in the broader rental market.
• The median home value in Townsend, MA, stands at $503,501. This suggests a relatively stable property value, which can be beneficial for long-term investments.
• Renters make up 17.5% of the population in Townsend, indicating a moderate demand for rental properties. However, the presence of the Section 8 program can help stabilize this portion of the market.
• The median household income in ZIP 01469 is $103,801. This higher-than-average income level implies a strong economic foundation, which can support a diverse range of housing needs and preferences.

In summary, Townsend, MA, presents a favorable environment for real estate investment, especially within the context of the Section 8 program. With the FMR significantly higher than the market rent, landlords have a clear advantage in securing tenants through the voucher system. The moderate renter share suggests a balanced market, and the robust median income provides a solid economic backdrop. These factors combined offer a promising outlook for investors looking to capitalize on the local housing dynamics without the risks associated with volatile markets.

Data Sources: FMR data from HUD (2027). 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.