Location: Boston-Cambridge-Quincy, MA | Metro: Boston-Cambridge-Quincy, MA-NH 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 | $2,240 |
| 1 Bedroom | $2,310 |
| 2 Bedrooms | $2,760 |
| 3 Bedrooms | $3,290 |
| 4 Bedrooms | $3,630 |
| 5 Bedrooms | $4,211 |
| 6 Bedrooms | $4,716 |
| 7 Bedrooms | $5,093 |
| 8 Bedrooms | $5,348 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,310 | $486,690 | 0.47% | F |
| 2BR | $2,760 | $723,930 | 0.38% | F |
| 3BR | $3,290 | $954,098 | 0.34% | F |
| 4BR | $3,630 | $1,279,402 | 0.28% | F |
| 5BR | $4,211 | $2,165,908 | 0.19% | F |
U.S. Census Bureau data (2024)
Duxbury, Massachusetts, located in Plymouth County, is distinguished by its relatively low rental population and high median income levels. With a total of 16,185 residents, only 8.8% rent their homes, indicating a strong preference for homeownership among Duxbury's populace. The median income here stands at $176,583, which is significantly above the national average, reflecting the area's affluent character. This affluence is further underscored by the median home value of $1,094,742, making it one of the most expensive ZIP codes in the region.
Turning to the economics of Section 8 vouchers, the Fair Market Rent (FMR) for Duxbury in fiscal year 2024 is set at $2,800. However, the actual market rent for the area, according to Census ACS data, is much lower at $1,591. This discrepancy means that landlords accepting Section 8 vouchers in Duxbury can potentially charge higher rents compared to the market rate, though they should be aware that these rates are still below the FMR threshold. Given the limited rental market and the high cost of living, landlords might find fewer tenants willing to use vouchers due to the financial constraints often associated with them.
The data signature for ZIP code 02332 suggests a stable environment. The high median income and median home values indicate a consistent economic base, while the low percentage of renters implies that the housing market is predominantly driven by homeowners. This stability is beneficial for long-term investments but may also mean that the rental market is less dynamic, with fewer opportunities for rapid growth or change. For small-portfolio investors, the focus should be on understanding the local market dynamics and leveraging the higher FMR rates to optimize returns while being mindful of the limited rental demand.
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.