Section 8 Fair Market Rent (FMR) for ZIP 01561 - 2027

Location: Eastern Worcester County, MA | Metro: Eastern Worcester County, MA HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$2,220
1 Bedroom$2,440
2 Bedrooms$3,190
3 Bedrooms$4,370
4 Bedrooms$4,770
5 Bedrooms$5,533
6 Bedrooms$6,197
7 Bedrooms$6,693
8 Bedrooms$7,028
Based on the data provided, ZIP 01561, located in South Lancaster, Massachusetts, is best suited as a **cash-flow anchor** within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the HUD Metro FMR Area in ZIP 01561 for fiscal year 2024 is set at $2410. While specific market data such as median home value and median income are not explicitly stated, the low population count (only 64 individuals) suggests a limited market size. Given the absence of detailed market data, we must rely on the FMR to guide our investment decision. The FMR serves as a benchmark for what the government deems as a reasonable rent amount for the area. For landlords and small-portfolio investors, anchoring properties in ZIP 01561 to the FMR ensures a stable and predictable cash flow, as the government will subsidize rents up to the FMR level for eligible tenants.

A cash-flow anchor is essential for maintaining financial stability, especially when dealing with fluctuating markets or uncertain economic conditions. By securing a property in ZIP 01561 under the Section 8 program, investors can ensure a steady stream of income without the need to constantly adjust rents or worry about vacancy rates.

The lack of specific market data, including median home value and median income, indicates that the area might be less volatile compared to larger urban centers. This stability is beneficial for long-term investment strategies, particularly those focused on generating reliable rental income.

In conclusion, ZIP 01561 is best positioned as a cash-flow anchor in a Section 8 portfolio strategy, given its adherence to the FMR and the limited market volatility implied by its small population size. This approach allows investors to maintain a consistent revenue stream while minimizing risks associated with market fluctuations.

Data Sources: FMR data from HUD (2027).

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.