FY2027 Small Area FMR · Boston, MA

ZIP 02215 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02215 (Boston, MA) is $4,050 a month, up 6.0% from FY2026. That is 35% above the Boston-Cambridge-Quincy, MA-NH area-wide FMR of $3,008.

2-bedroom SAFMR$4,050per month ▲ 6.0%

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

Rank in the area16thof 259 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$3,645

2 BR Small Area FMR$4,050

110% of SAFMR$4,455

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

Studio$3,280▲ 7.2%

1 BR$3,390▲ 5.3%

2 BR$4,050▲ 6.0%

3 BR$4,830▲ 5.5%

4 BR$5,320▲ 5.1%

FY2027 FY2026

Where 02215 sits in the Boston-Cambridge-Quincy, MA-NH area

Of the 259 ZIP codes HUD lists for the area, 02215 has the 16th 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 $4,050 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	$3,280	$2,952 – $3,608	$2,440	$3,060
1 bedroom	$3,390	$3,051 – $3,729	$2,518	$3,220
2 bedrooms	$4,050	$3,645 – $4,455	$3,008	$3,820
3 bedrooms	$4,830	$4,347 – $5,313	$3,584	$4,580
4 bedrooms	$5,320	$4,788 – $5,852	$3,953	$5,060

A household renting a two-bedroom home at the Small Area FMR of $4,050 needs about $162,000 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 02215 lies mainly in Suffolk County and 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
02115	Boston	0.7 mi	$3,600
02446	Brookline	1.0 mi	$4,420
02139	Cambridge	1.1 mi	$4,090
02199	Boston	1.1 mi	$4,510
02120	Roxbury Crossing	1.1 mi	$2,870
02116	Boston	1.4 mi	$4,130

Questions

What is the Fair Market Rent for ZIP code 02215?

HUD's FY2027 Small Area Fair Market Rents for 02215 are $3,280 (studio), $3,390 (1 BR), $4,050 (2 BR), $4,830 (3 BR) and $5,320 (4 BR) a month.

What is the Section 8 payment standard in 02215?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02215 that range is $3,645 to $4,455 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02215?

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.