Location: Taunton-Mansfield-Norton, MA | Metro: Providence-Fall River, RI-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 | $1,290 |
| 1 Bedroom | $1,430 |
| 2 Bedrooms | $1,880 |
| 3 Bedrooms | $2,310 |
| 4 Bedrooms | $2,480 |
| 5 Bedrooms | $2,877 |
| 6 Bedrooms | $3,222 |
| 7 Bedrooms | $3,480 |
| 8 Bedrooms | $3,654 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,880 | $487,542 | 0.39% | F |
| 3BR | $2,310 | $566,619 | 0.41% | F |
| 4BR | $2,480 | $691,554 | 0.36% | F |
U.S. Census Bureau data (2024)
The rent math for properties in ZIP code 02715, which encompasses Dighton, Massachusetts, within the Taunton-Mansfield-Norton, MA HUD Metro FMR Area, does not favor landlords based on the current financial metrics. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $1660, significantly higher than the market rent of $1,199 reported by the Census ACS. This disparity suggests that landlords might struggle to justify higher rental rates to tenants in this area.
Acquisition of properties in this ZIP code is moderately affordable given the median home value stands at $567,250. However, the lack of available data on days on market (DOM) and the percentage of homes needing price cuts indicates that there could be challenges in accurately assessing the speed and ease of property sales. Landlords should proceed with caution when considering investment in this market due to these unknowns.
Tenant demand is relatively low in ZIP 02715. With a total population of 3,757, only 6.2% of residents are renters. This means there are approximately 232 potential renters in the area, which is insufficient to support a robust rental market. Landlords would need to ensure their properties offer unique value propositions to attract and retain tenants in such a competitive environment.
Verdict: Investing in rental properties in ZIP 02715 is not advisable. The discrepancy between the high FMR and lower market rents makes it difficult to achieve profitability through rental income alone. Additionally, the limited tenant base and lack of clarity around the ease and speed of property acquisitions suggest that this area poses significant challenges for landlords and small-portfolio investors seeking stable returns.
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.