FY2027 Small Area FMR · Prides Crossing, MA

ZIP 01965 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 01965 (Prides Crossing, MA) is $2,770 a month, up 4.1% from FY2026. That is 8% below the Boston-Cambridge-Quincy, MA-NH area-wide FMR of $3,008.

2-bedroom SAFMR$2,770per month ▲ 4.1%

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

Rank in the area138thof 259 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,493

2 BR Small Area FMR$2,770

110% of SAFMR$3,047

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

Studio$2,250▲ 5.6%

1 BR$2,320▲ 3.6%

2 BR$2,770▲ 4.1%

3 BR$3,310▲ 4.1%

4 BR$3,650▲ 3.7%

FY2027 FY2026

Where 01965 sits in the Boston-Cambridge-Quincy, MA-NH area

Of the 259 ZIP codes HUD lists for the area, 01965 has the 138th 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 $2,770 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	$2,250	$2,025 – $2,475	$2,440	$2,130
1 bedroom	$2,320	$2,088 – $2,552	$2,518	$2,240
2 bedrooms	$2,770	$2,493 – $3,047	$3,008	$2,660
3 bedrooms	$3,310	$2,979 – $3,641	$3,584	$3,180
4 bedrooms	$3,650	$3,285 – $4,015	$3,953	$3,520

A household renting a two-bedroom home at the Small Area FMR of $2,770 needs about $110,800 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 01965 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
01915	Beverly	2.3 mi	$2,800
01970	Salem	3.1 mi	$2,650
01944	Manchester	3.2 mi	$2,660
01984	Wenham	4.1 mi	$2,650
01945	Marblehead	4.3 mi	$2,650
01982	South Hamilton	5.0 mi	$2,650

Questions

What is the Fair Market Rent for ZIP code 01965?

HUD's FY2027 Small Area Fair Market Rents for 01965 are $2,250 (studio), $2,320 (1 BR), $2,770 (2 BR), $3,310 (3 BR) and $3,650 (4 BR) a month.

What is the Section 8 payment standard in 01965?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 01965 that range is $2,493 to $3,047 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 01965?

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.