Location: Brockton, MA | Metro: Brockton, 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 | $1,900 |
| 1 Bedroom | $2,090 |
| 2 Bedrooms | $2,730 |
| 3 Bedrooms | $3,420 |
| 4 Bedrooms | $3,590 |
| 5 Bedrooms | $4,164 |
| 6 Bedrooms | $4,664 |
| 7 Bedrooms | $5,037 |
| 8 Bedrooms | $5,289 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,090 | $226,465 | 0.92% | C |
| 2BR | $2,730 | $398,870 | 0.68% | D |
| 3BR | $3,420 | $622,003 | 0.55% | F |
| 4BR | $3,590 | $790,499 | 0.45% | F |
| 5BR | $4,164 | $791,877 | 0.53% | F |
U.S. Census Bureau data (2024)
The rental market in ZIP 02324, Bridgewater, MA, is characterized by a strong alignment between the Fair Market Rent (FMR) and the Zillow Observed Rent Index (ZORI). The FMR for the fiscal year 2024 is set at $2360, while the ZORI indicates a market rent of $2,543. This suggests that the market is slightly above fair market values, indicating a robust demand for rental properties.
A key indicator of market dynamics is the price-cut share, which stands at a mere 0.1%. This low percentage implies that landlords are not frequently reducing their asking rents, a sign that the demand for rentals is steady and that tenants are willing to pay close to the initial asking price. The lack of data on days on market (DOM) could indicate either a highly efficient local real estate market or an incomplete dataset, but given the low price-cut share, it's reasonable to infer that listings are moving quickly once they're priced correctly.
The median home value in Bridgewater is $630,033, which is relatively high compared to some other areas in Massachusetts. However, the 24.4% renter share suggests that a significant portion of the population prefers renting over owning. This long-term trend points to sustained pressure on the rental market, as a large segment of residents will continue to seek rental properties rather than purchasing homes. Such a high renter share can be indicative of a young workforce, transient population, or individuals waiting for the right opportunity to buy, all of which contribute to a consistent demand for rentals.
In summary, the current snapshot of the Bridgewater market reveals a dynamic where demand for rental properties is likely keeping pace with or slightly exceeding supply. Landlords and small-portfolio investors should find the rental environment favorable, with steady occupancy rates and minimal need to adjust rents downward. The high median home value combined with a substantial renter share underscores a persistent demand for rental housing, making it a stable and potentially profitable market for those looking to invest in residential real estate.
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.