Location: Easton-Raynham, 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 | $2,280 |
| 1 Bedroom | $2,550 |
| 2 Bedrooms | $2,990 |
| 3 Bedrooms | $3,560 |
| 4 Bedrooms | $4,220 |
| 5 Bedrooms | $4,895 |
| 6 Bedrooms | $5,482 |
| 7 Bedrooms | $5,921 |
| 8 Bedrooms | $6,217 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,550 | $396,324 | 0.64% | D |
| 2BR | $2,990 | $393,874 | 0.76% | D |
| 3BR | $3,560 | $662,480 | 0.54% | F |
| 4BR | $4,220 | $859,941 | 0.49% | F |
| 5BR | $4,895 | $899,118 | 0.54% | F |
U.S. Census Bureau data (2024)
The ZIP code 02375, located in Easton, Massachusetts within Bristol County, stands out due to its unique demographic and economic characteristics. With a population of 11,275, it has a relatively low rental rate of 15.5%, indicating that homeownership is prevalent. The median household income in this area is $120,903, which is significantly higher than the national average. Furthermore, the median home value of $623,721 suggests a robust housing market where property values are strong.
When considering the economics of Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 02375 is set at $2,620 for the fiscal year 2024, while the actual market rent based on Census ACS data is $2,088. This indicates that landlords who participate in the Section 8 program can expect a slightly higher rent payment compared to the typical market rates, which could be beneficial for covering costs associated with maintaining rental properties.
The data signature for ZIP 02375 reads as stable. The high median income and median home value suggest a financially secure community with steady growth. Additionally, the disparity between the FMR and the market rent shows a potential advantage for landlords who accept Section 8 vouchers, making it a favorable location for those interested in participating in the program.
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.