FY2027 Small Area FMR · Walpole, MA

ZIP 02081 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02081 (Walpole, MA) is $2,810 a month, up 7.3% from FY2026. That is 7% below the Boston-Cambridge-Quincy, MA-NH area-wide FMR of $3,008.

2-bedroom SAFMR$2,810per month ▲ 7.3%

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

Rank in the area132ndof 259 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,529

2 BR Small Area FMR$2,810

110% of SAFMR$3,091

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

Studio$2,280▲ 8.6%

1 BR$2,350▲ 6.3%

2 BR$2,810▲ 7.3%

3 BR$3,350▲ 6.7%

4 BR$3,690▲ 6.3%

FY2027 FY2026

Where 02081 sits in the Boston-Cambridge-Quincy, MA-NH area

Of the 259 ZIP codes HUD lists for the area, 02081 has the 132nd 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 $2,810 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	$2,280	$2,052 – $2,508	$2,440	$2,100
1 bedroom	$2,350	$2,115 – $2,585	$2,518	$2,210
2 bedrooms	$2,810	$2,529 – $3,091	$3,008	$2,620
3 bedrooms	$3,350	$3,015 – $3,685	$3,584	$3,140
4 bedrooms	$3,690	$3,321 – $4,059	$3,953	$3,470

A household renting a two-bedroom home at the Small Area FMR of $2,810 needs about $112,400 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 02081 lies mainly in Norfolk 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
02032	East Walpole	2.8 mi	$3,130
02071	South Walpole	3.0 mi	$2,730
02052	Medfield	3.2 mi	$2,650
02056	Norfolk	4.2 mi	$2,650
02062	Norwood	4.7 mi	$2,980
02054	Millis	5.1 mi	$2,650

Questions

What is the Fair Market Rent for ZIP code 02081?

HUD's FY2027 Small Area Fair Market Rents for 02081 are $2,280 (studio), $2,350 (1 BR), $2,810 (2 BR), $3,350 (3 BR) and $3,690 (4 BR) a month.

What is the Section 8 payment standard in 02081?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02081 that range is $2,529 to $3,091 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02081?

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.