Location: Barnstable Town, MA | Metro: Barnstable Town, MA MSA
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 | $1,780 |
| 1 Bedroom | $1,800 |
| 2 Bedrooms | $2,350 |
| 3 Bedrooms | $2,950 |
| 4 Bedrooms | $3,510 |
| 5 Bedrooms | $4,072 |
| 6 Bedrooms | $4,561 |
| 7 Bedrooms | $4,926 |
| 8 Bedrooms | $5,172 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,800 | $241,303 | 0.75% | D |
| 2BR | $2,350 | $544,812 | 0.43% | F |
| 3BR | $2,950 | $713,648 | 0.41% | F |
| 4BR | $3,510 | $970,539 | 0.36% | F |
| 5BR | $4,072 | $1,252,898 | 0.33% | F |
U.S. Census Bureau data (2024)
1980 is the Fair Market Rent (FMR) for ZIP code 02660 in Dennis, Massachusetts, as set by HUD for fiscal year 2024. This figure represents the maximum amount that a Section 8 voucher holder can pay towards their housing costs. In contrast, the Census Bureau reports a market rent of 1365 dollars, indicating that the actual rental prices in the area are significantly below the FMR threshold. Given the median home value of 660730 dollars, it's evident that the cost of homeownership far exceeds the rental market in Dennis. The renter share stands at 21.7 percent, suggesting a modest but present demand for rental properties. With a median income of 93386 dollars, most residents could afford to live outside of subsidized housing, yet the presence of Section 8 vouchers still plays a critical role in the local rental market. The day DOM (Days on Market) is listed as N/A, which means there isn't enough recent data to determine how long properties typically stay on the market before being rented. However, the price-cut share is a mere 0.1 percent, hinting at a strong rental market where landlords rarely need to lower their asking prices to attract tenants. In conclusion, for landlords and small-portfolio investors, Dennis, MA, offers a stable rental environment with a clear gap between market rents and the HUD-set FMR, making it an attractive location for Section 8 participation.
1980
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.