FY2027 Small Area FMR · Nantucket, MA

ZIP 02584 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02584 (Nantucket, MA) is $3,600 a month, up 14.6% from FY2026. That is 0% equal to the Nantucket County, MA area-wide FMR of $3,583.

2-bedroom SAFMR$3,600per month ▲ 14.6%

Area-wide 2 BR FMR$3,583Nantucket County, MA

Rank in the area1stof 3 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$3,240

2 BR Small Area FMR$3,600

110% of SAFMR$3,960

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

Studio$2,510▲ 4.1%

1 BR$2,750▲ 13.2%

2 BR$3,600▲ 14.6%

3 BR$4,290▲ 3.4%

4 BR$5,420▲ 3.0%

FY2027 FY2026

Where 02584 sits in the Nantucket County, MA area

Of the 3 ZIP codes HUD lists for the area, 02584 has the 1st highest two-bedroom Small Area FMR. Nantucket County, MA 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 $3,583 for two bedrooms; an agency that opts in to Small Area FMRs would use $3,600 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	$2,510	$2,259 – $2,761	$2,495	$2,410
1 bedroom	$2,750	$2,475 – $3,025	$2,739	$2,430
2 bedrooms	$3,600	$3,240 – $3,960	$3,583	$3,140
3 bedrooms	$4,290	$3,861 – $4,719	$4,269	$4,150
4 bedrooms	$5,420	$4,878 – $5,962	$5,392	$5,260

A household renting a two-bedroom home at the Small Area FMR of $3,600 needs about $144,000 a year to keep housing costs at 30% of income. The area median family income is $163,200 and the 80% low-income limit for four people is $131,700. ZIP code 02584 lies mainly in Nantucket County. See the Nantucket County, MA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
02564	Siasconset	1.5 mi	$3,600
02554	Nantucket	5.0 mi	$3,600
02539	Edgartown	27.9 mi	$2,360
02646	Harwich Port	28.6 mi	$2,910
02670	West Dennis	29.0 mi	$2,240
02639	Dennis Port	29.0 mi	$2,220

Questions

What is the Fair Market Rent for ZIP code 02584?

HUD's FY2027 Small Area Fair Market Rents for 02584 are $2,510 (studio), $2,750 (1 BR), $3,600 (2 BR), $4,290 (3 BR) and $5,420 (4 BR) a month.

What is the Section 8 payment standard in 02584?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02584 that range is $3,240 to $3,960 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02584?

The FY2026 income limits of the Nantucket County, MA area apply: median family income $163,200, low-income (80%) limit $131,700 for a family of four.