FY2027 Small Area FMR · Saugus, MA

ZIP 01906 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 01906 (Saugus, MA) is $3,010 a month, up 11.9% from FY2026. That is 0% equal to the Boston-Cambridge-Quincy, MA-NH area-wide FMR of $3,008.

2-bedroom SAFMR$3,010per month ▲ 11.9%

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

Rank in the area103rdof 259 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,709

2 BR Small Area FMR$3,010

110% of SAFMR$3,311

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

Studio$2,440▲ 13.0%

1 BR$2,520▲ 11.0%

2 BR$3,010▲ 11.9%

3 BR$3,590▲ 11.1%

4 BR$3,960▲ 11.2%

FY2027 FY2026

Where 01906 sits in the Boston-Cambridge-Quincy, MA-NH area

Of the 259 ZIP codes HUD lists for the area, 01906 has the 103rd 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 $3,010 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	$2,440	$2,196 – $2,684	$2,440	$2,160
1 bedroom	$2,520	$2,268 – $2,772	$2,518	$2,270
2 bedrooms	$3,010	$2,709 – $3,311	$3,008	$2,690
3 bedrooms	$3,590	$3,231 – $3,949	$3,584	$3,230
4 bedrooms	$3,960	$3,564 – $4,356	$3,953	$3,560

A household renting a two-bedroom home at the Small Area FMR of $3,010 needs about $120,400 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 01906 lies mainly in Essex 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
01905	Lynn	2.0 mi	$2,650
02176	Melrose	2.5 mi	$2,820
01904	Lynn	2.6 mi	$2,650
01901	Lynn	3.5 mi	$2,650
02151	Revere	3.5 mi	$2,720
02148	Malden	3.5 mi	$3,170

Questions

What is the Fair Market Rent for ZIP code 01906?

HUD's FY2027 Small Area Fair Market Rents for 01906 are $2,440 (studio), $2,520 (1 BR), $3,010 (2 BR), $3,590 (3 BR) and $3,960 (4 BR) a month.

What is the Section 8 payment standard in 01906?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 01906 that range is $2,709 to $3,311 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 01906?

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.