FY2027 Small Area FMR · New Bedford, MA

ZIP 02745 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 02745 (New Bedford, MA) is $1,610 a month, up 8.1% from FY2026. That is 3% below the New Bedford, MA area-wide FMR of $1,668.

2-bedroom SAFMR$1,610per month ▲ 8.1%

Area-wide 2 BR FMR$1,668New Bedford, MA

Rank in the area13thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,449

2 BR Small Area FMR$1,610

110% of SAFMR$1,771

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

Studio$1,250▲ 6.8%

1 BR$1,260▲ 5.0%

2 BR$1,610▲ 8.1%

3 BR$1,920▲ 7.3%

4 BR$2,440▲ 9.4%

FY2027 FY2026

Where 02745 sits in the New Bedford, MA area

Of the 15 ZIP codes HUD lists for the area, 02745 has the 13th highest two-bedroom Small Area FMR. New Bedford, 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 $1,668 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,610 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	$1,250	$1,125 – $1,375	$1,297	$1,170
1 bedroom	$1,260	$1,134 – $1,386	$1,305	$1,200
2 bedrooms	$1,610	$1,449 – $1,771	$1,668	$1,490
3 bedrooms	$1,920	$1,728 – $2,112	$1,987	$1,790
4 bedrooms	$2,440	$2,196 – $2,684	$2,524	$2,230

A household renting a two-bedroom home at the Small Area FMR of $1,610 needs about $64,400 a year to keep housing costs at 30% of income. The area median family income is $94,300 and the 80% low-income limit for four people is $105,200. ZIP code 02745 lies mainly in Bristol County. See the New Bedford, MA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
02746	New Bedford	2.8 mi	$1,660
02743	Acushnet	2.8 mi	$1,660
02747	North Dartmouth	4.2 mi	$2,190
02717	East Freetown	4.3 mi	$2,570
02740	New Bedford	4.4 mi	$1,580
02719	Fairhaven	6.2 mi	$1,590

Questions

What is the Fair Market Rent for ZIP code 02745?

HUD's FY2027 Small Area Fair Market Rents for 02745 are $1,250 (studio), $1,260 (1 BR), $1,610 (2 BR), $1,920 (3 BR) and $2,440 (4 BR) a month.

What is the Section 8 payment standard in 02745?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 02745 that range is $1,449 to $1,771 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 02745?

The FY2026 income limits of the New Bedford, MA area apply: median family income $94,300, low-income (80%) limit $105,200 for a family of four.