FY2027 Small Area FMR · Boston, MA

ZIP 02163 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02163 (Boston, MA) is $3,870 a month, down 9.8% from FY2026. That is 29% above the Boston-Cambridge-Quincy, MA-NH area-wide FMR of $3,008.

2-bedroom SAFMR$3,870per month ▼ 9.8%

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

Rank in the area22ndof 259 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$3,483

2 BR Small Area FMR$3,870

110% of SAFMR$4,257

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

Studio$3,100▼ 9.9%

1 BR$3,250▼ 10.0%

2 BR$3,870▼ 9.8%

3 BR$4,630▼ 9.9%

4 BR$5,120▼ 9.9%

FY2027 FY2026

Where 02163 sits in the Boston-Cambridge-Quincy, MA-NH area

Of the 259 ZIP codes HUD lists for the area, 02163 has the 22nd 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 $3,870 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	$3,100	$2,790 – $3,410	$2,440	$3,440
1 bedroom	$3,250	$2,925 – $3,575	$2,518	$3,610
2 bedrooms	$3,870	$3,483 – $4,257	$3,008	$4,290
3 bedrooms	$4,630	$4,167 – $5,093	$3,584	$5,140
4 bedrooms	$5,120	$4,608 – $5,632	$3,953	$5,680

A household renting a two-bedroom home at the Small Area FMR of $3,870 needs about $154,800 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 02163 lies mainly in Suffolk 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
02134	Allston	0.6 mi	$3,400
02139	Cambridge	1.0 mi	$4,090
02138	Cambridge	1.2 mi	$4,310
02446	Brookline	1.5 mi	$4,420
02215	Boston	1.6 mi	$4,050
02143	Somerville	1.7 mi	$3,630

Questions

What is the Fair Market Rent for ZIP code 02163?

HUD's FY2027 Small Area Fair Market Rents for 02163 are $3,100 (studio), $3,250 (1 BR), $3,870 (2 BR), $4,630 (3 BR) and $5,120 (4 BR) a month.

What is the Section 8 payment standard in 02163?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02163 that range is $3,483 to $4,257 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02163?

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.