Section 8 Fair Market Rent (FMR) for ZIP 02664 - 2027

Location: Barnstable Town, MA | Metro: Barnstable Town, MA MSA

Investment Score for ZIP 02664

F
Monthly Rent (2BR)
$2,580
Median Price (2BR)
$535,111
1% Rule
0.48%
Annual Yield
5.79%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,960
1 Bedroom$1,970
2 Bedrooms$2,580
3 Bedrooms$3,240
4 Bedrooms$3,860
5 Bedrooms$4,478
6 Bedrooms$5,015
7 Bedrooms$5,416
8 Bedrooms$5,687

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $1,970 $227,665 0.87% C
2BR $2,580 $535,111 0.48% F
3BR $3,240 $654,542 0.5% F
4BR $3,860 $795,512 0.49% F
5BR $4,478 $1,177,209 0.38% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
9,949
Median Household Income
$82,125
Housing Units
7,304
Renter Percentage
22.2%
Occupancy Rate
65.4%
Renter Occupied
1,062

2180 FMR (Fair Market Rent) for ZIP 02664 indicates that the maximum rental amount for a unit subsidized under the Section 8 program will be $2180 per month in fiscal year 2024. 1832 is the average market rent reported by the Census Bureau's American Community Survey, which means landlords can expect to charge around $1,832 per month for an unfurnished rental property in Yarmouth, MA. The median home value of 609036, or $609,036, suggests that real estate in this area is relatively expensive, but it also implies strong demand and potential appreciation. 22.2% represents the proportion of renters in the local population, indicating a moderate rental market presence. With a median income of 82125, or $82,125, tenants in Yarmouth, MA have a higher-than-average income, which could translate into better creditworthiness and reliability. N/A for days on market (DOM) suggests there is no significant delay in selling properties, implying a healthy market turnover. 0.1% price-cut share reveals that very few listings in this area are being reduced in price, further supporting the idea of a robust real estate market.

Investors considering Section 8 participation in Yarmouth, MA should note that while the market rents are slightly lower than the FMR, the higher median incomes and low price-cut share indicate a stable and potentially lucrative investment environment. The moderate renter share and lack of extended DOM periods suggest a balanced market where both owners and tenants find value. However, the decision to participate in Section 8 should weigh the benefits of guaranteed rent against the administrative complexities and potential maintenance issues associated with subsidized housing.

The verdict for Section 8 in ZIP 02664 is positive, given the strong market fundamentals and the likelihood of attracting financially stable tenants.

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.