FY2027 Small Area FMR · Wellesley, MA

ZIP 02482 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02482 (Wellesley, MA) is $4,010 a month, up 0.8% from FY2026. That is 33% above the Boston-Cambridge-Quincy, MA-NH area-wide FMR of $3,008.

2-bedroom SAFMR$4,010per month ▲ 0.8%

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

Rank in the area18thof 259 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$3,609

2 BR Small Area FMR$4,010

110% of SAFMR$4,411

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

Studio$3,250▲ 1.9%

1 BR$3,360▲ 0.3%

2 BR$4,010▲ 0.8%

3 BR$4,780▲ 0.2%

4 BR$5,270■ 0.0%

FY2027 FY2026

Where 02482 sits in the Boston-Cambridge-Quincy, MA-NH area

Of the 259 ZIP codes HUD lists for the area, 02482 has the 18th 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 $4,010 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	$3,250	$2,925 – $3,575	$2,440	$3,190
1 bedroom	$3,360	$3,024 – $3,696	$2,518	$3,350
2 bedrooms	$4,010	$3,609 – $4,411	$3,008	$3,980
3 bedrooms	$4,780	$4,302 – $5,258	$3,584	$4,770
4 bedrooms	$5,270	$4,743 – $5,797	$3,953	$5,270

A household renting a two-bedroom home at the Small Area FMR of $4,010 needs about $160,400 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 02482 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
02457	Babson Park	1.3 mi	$4,010
02481	Wellesley Hills	1.8 mi	$4,160
01760	Natick	2.6 mi	$2,990
02492	Needham	3.0 mi	$3,570
02462	Newton Lower Falls	3.3 mi	$3,640
02494	Needham Heights	3.4 mi	$3,180

Questions

What is the Fair Market Rent for ZIP code 02482?

HUD's FY2027 Small Area Fair Market Rents for 02482 are $3,250 (studio), $3,360 (1 BR), $4,010 (2 BR), $4,780 (3 BR) and $5,270 (4 BR) a month.

What is the Section 8 payment standard in 02482?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02482 that range is $3,609 to $4,411 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02482?

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.