FY2027 Small Area FMR · Merrimac, MA

ZIP 01860 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 01860 (Merrimac, MA) is $2,310 a month, down 9.8% from FY2026. That is 2% below the Lawrence, MA-NH area-wide FMR of $2,367.

2-bedroom SAFMR$2,310per month ▼ 9.8%

Area-wide 2 BR FMR$2,367Lawrence, MA-NH

Rank in the area26thof 44 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,079

2 BR Small Area FMR$2,310

110% of SAFMR$2,541

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

Studio$1,840▼ 9.8%

1 BR$1,950▼ 9.7%

2 BR$2,310▼ 9.8%

3 BR$2,780▼ 9.7%

4 BR$3,060▼ 9.7%

FY2027 FY2026

Where 01860 sits in the Lawrence, MA-NH area

Of the 44 ZIP codes HUD lists for the area, 01860 has the 26th highest two-bedroom Small Area FMR. Lawrence, 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 $2,367 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,310 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	$1,840	$1,656 – $2,024	$1,677	$2,040
1 bedroom	$1,950	$1,755 – $2,145	$1,809	$2,160
2 bedrooms	$2,310	$2,079 – $2,541	$2,367	$2,560
3 bedrooms	$2,780	$2,502 – $3,058	$2,820	$3,080
4 bedrooms	$3,060	$2,754 – $3,366	$3,111	$3,390

A household renting a two-bedroom home at the Small Area FMR of $2,310 needs about $92,400 a year to keep housing costs at 30% of income. The area median family income is $137,300 and the 80% low-income limit for four people is $106,800. ZIP code 01860 lies mainly in Essex County. See the Lawrence, MA-NH metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
03858	Newton	2.8 mi	$2,650
01913	Amesbury	3.0 mi	$2,650
01830	Haverhill	3.6 mi	$2,320
01985	West Newbury	3.6 mi	$2,770
03865	Plaistow	4.1 mi	$2,220
03827	East Kingston	4.6 mi	$2,650

Questions

What is the Fair Market Rent for ZIP code 01860?

HUD's FY2027 Small Area Fair Market Rents for 01860 are $1,840 (studio), $1,950 (1 BR), $2,310 (2 BR), $2,780 (3 BR) and $3,060 (4 BR) a month.

What is the Section 8 payment standard in 01860?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 01860 that range is $2,079 to $2,541 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 01860?

The FY2026 income limits of the Lawrence, MA-NH area apply: median family income $137,300, low-income (80%) limit $106,800 for a family of four.