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

Location: Boston-Cambridge-Quincy, MA | Metro: Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area

Investment Score for ZIP 01469

Monthly Rent (2BR)

$2,650

Median Price (2BR)

$378,784

1% Rule

0.7%

Annual Yield

8.4%

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	$2,130
1 Bedroom	$2,230
2 Bedrooms	$2,650
3 Bedrooms	$3,180
4 Bedrooms	$3,510
5 Bedrooms	$4,072
6 Bedrooms	$4,561
7 Bedrooms	$4,926
8 Bedrooms	$5,172

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	$2,230	$138,992	1.6%	A+
2BR	$2,650	$378,784	0.7%	D
3BR	$3,180	$509,510	0.62%	D
4BR	$3,510	$599,441	0.59%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

6,820

Median Household Income

$103,801

Housing Units

2,648

Renter Percentage

17.5%

Occupancy Rate

97.5%

Renter Occupied

451

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). 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.