FY2027 Small Area FMR · Concord, MA

ZIP 01742 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 01742 (Concord, MA) is $3,520 a month, up 0.6% from FY2026. That is 17% above the Boston-Cambridge-Quincy, MA-NH area-wide FMR of $3,008.

2-bedroom SAFMR$3,520per month ▲ 0.6%

Area-wide 2 BR FMR$3,008Boston-Cambridge-Quincy, MA-

Rank in the area41stof 259 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$3,168

2 BR Small Area FMR$3,520

110% of SAFMR$3,872

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$2,850▲ 1.4%

1 BR$2,950■ 0.0%

2 BR$3,520▲ 0.6%

3 BR$4,190▼ 0.2%

4 BR$4,630■ 0.0%

FY2027 FY2026

Where 01742 sits in the Boston-Cambridge-Quincy, MA-NH area

Of the 259 ZIP codes HUD lists for the area, 01742 has the 41st highest two-bedroom Small Area FMR. Boston-Cambridge-Quincy, MA-NH is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $3,008 for two bedrooms; an agency that opts in to Small Area FMRs would use $3,520 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$2,850	$2,565 – $3,135	$2,440	$2,810
1 bedroom	$2,950	$2,655 – $3,245	$2,518	$2,950
2 bedrooms	$3,520	$3,168 – $3,872	$3,008	$3,500
3 bedrooms	$4,190	$3,771 – $4,609	$3,584	$4,200
4 bedrooms	$4,630	$4,167 – $5,093	$3,953	$4,630

A household renting a two-bedroom home at the Small Area FMR of $3,520 needs about $140,800 a year to keep housing costs at 30% of income. The area median family income is $164,600 and the 80% low-income limit for four people is $137,100. ZIP code 01742 lies mainly in Middlesex County. See the Boston-Cambridge-Quincy, MA-NH metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
01773	Lincoln	3.8 mi	$3,060
01720	Acton	4.0 mi	$2,660
01731	Hanscom Afb	4.4 mi	$4,510
01730	Bedford	4.9 mi	$3,440
01741	Carlisle	5.1 mi	$3,070
01718	Acton	5.1 mi	$2,660

Questions

What is the Fair Market Rent for ZIP code 01742?

HUD's FY2027 Small Area Fair Market Rents for 01742 are $2,850 (studio), $2,950 (1 BR), $3,520 (2 BR), $4,190 (3 BR) and $4,630 (4 BR) a month.

What is the Section 8 payment standard in 01742?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 01742 that range is $3,168 to $3,872 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 01742?

The FY2026 income limits of the Boston-Cambridge-Quincy, MA-NH area apply: median family income $164,600, low-income (80%) limit $137,100 for a family of four.