Section 8 Fair Market Rent (FMR) for ZIP 01749 - 2027

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

Investment Score for ZIP 01749

F
Monthly Rent (2BR)
$2,650
Median Price (2BR)
$473,347
1% Rule
0.56%
Annual Yield
6.72%

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 $456,592 0.49% F
2BR $2,650 $473,347 0.56% F
3BR $3,180 $607,564 0.52% F
4BR $3,510 $762,871 0.46% F
5BR $4,072 $775,066 0.53% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
20,077
Median Household Income
$103,400
Housing Units
8,858
Renter Percentage
26.8%
Occupancy Rate
94.4%
Renter Occupied
2,245

The ZIP code 01749, located in Hudson, MA, stands out within Middlesex County due to its unique demographic and economic characteristics. With a population of 20,077 residents, it has a rental rate of 26.8%, which is slightly above the national average. The median income in this area is $103,400, indicating a relatively affluent community. However, the median home value of $611,714 is significantly higher than the typical household income, suggesting that homeownership might be challenging for some residents.

Moving to the specifics of Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 01749 in fiscal year 2024 is set at $2,380. This figure is notably lower than the market rent, as measured by ZORI (Zillow Observed Rent Index), which is $2,551. This difference highlights that landlords accepting Section 8 vouchers in Hudson, MA, can expect to receive a rent subsidy that is below the current market rates. Despite this gap, the program still offers a reliable source of income, backed by the federal government, ensuring timely payments.

The data signature for ZIP 01749 reads as stable. The consistent median income and median home value indicate a settled community with established housing patterns. While the rental rate is slightly elevated, the overall economic indicators suggest a steady environment where landlords can operate with confidence. The slight disparity between FMR and market rent does not signal a transitional phase but rather reflects the general affordability challenges faced by renters in the area.

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.