Location: Easton-Raynham, 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 | $2,130 |
| 1 Bedroom | $2,240 |
| 2 Bedrooms | $2,650 |
| 3 Bedrooms | $3,180 |
| 4 Bedrooms | $3,700 |
| 5 Bedrooms | $4,292 |
| 6 Bedrooms | $4,807 |
| 7 Bedrooms | $5,192 |
| 8 Bedrooms | $5,452 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,240 | $410,981 | 0.55% | F |
| 2BR | $2,650 | $538,767 | 0.49% | F |
| 3BR | $3,180 | $696,135 | 0.46% | F |
| 4BR | $3,700 | $953,909 | 0.39% | F |
| 5BR | $4,292 | $1,177,737 | 0.36% | F |
U.S. Census Bureau data (2024)
The classification of ZIP code 02356, located in Easton, Massachusetts, reveals a unique blend of yield and stability characteristics that appeal to different types of real estate investors.
On the yield axis, the Federal Market Rent (FMR) for fiscal year 2024 stands at $2,450, significantly higher than the current market rent of $1,638. This suggests a potential opportunity for landlords to increase rental rates and achieve higher yields, provided they can justify the increase to tenants. The median home value of $752,689 further indicates a relatively affluent area where property appreciation could also contribute to overall yield.
Regarding stability, the ZIP code shows that only 21.3% of residents are renters, which might imply a less stable tenant pool due to lower demand for rentals. However, the average household income of $127,224 supports the notion that those who do rent can likely afford higher rents, thereby enhancing the stability of cash flows for landlords. The lack of data on days on market (DOM) makes it challenging to assess the speed at which properties can be leased, but given the income levels, it's reasonable to assume a competitive rental market exists.
In summary, ZIP 02356 presents itself as a moderate-stability, high-yield market. While the percentage of renters is low, the high FMR and median income suggest that those seeking to enter the rental market can expect strong returns if they can secure long-term tenants. This makes it more suitable for steady-cashflow investments rather than high-risk, high-reward flipping strategies. Landlords should focus on maintaining quality properties to attract and retain the financially capable tenants in this area.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.