What is the Fair Market Rent for a 2-bedroom in Franklin County (part), MA HUD Nonmetro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Franklin County (part), MA HUD Nonmetro FMR Area is $1,160 per month for fiscal year 2022. The studio FMR is $798, 1-bedroom is $909, 3-bedroom is $1,488, and 4-bedroom is $1,672.

What income do you need to afford the FMR in Franklin County (part), MA HUD Nonmetro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $46,400 per year ($3,867 per month) to afford the FY2022 2-bedroom Fair Market Rent of $1,160 in Franklin County (part), MA HUD Nonmetro FMR Area.

FY2022 Fair Market Rents — Franklin County (part), MA HUD Nonmetro FMR Area

The HUD-published Fair Market Rents for FY2022 in this area are:

Studio

$798

1BR

$909

2BR

$1,160

3BR

$1,488

4BR

$1,672

Hours/week at min wage

60 hrs

to afford the 2BR FMR @ $15.00/hr (MA)

YoY change (2BR)

-6.8%

$85 vs FY2021 · 5-yr +27.1%

Voucher payment standard

$1,044–$1,276

PHAs set HCV payment at 90–110% of the 2BR FMR

Franklin County (part), MA HUD Nonmetro FMR Area

Non-Metropolitan area · MA · View full history · Income limits · LIHTC rents

FY2022 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$798	$9,576
1-Bedroom	$909	$10,908
2-Bedroom	$1,160	$13,920
3-Bedroom	$1,488	$17,856
4-Bedroom	$1,672	$20,064

Recent 2-Bedroom FMR Trend

FY2017 $913 → FY2022 $1,160

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2022	$798	$909	$1,160	$1,488	$1,672
FY2021	$886	$972	$1,245	$1,653	$1,781
FY2020	$842	$859	$1,095	$1,467	$1,577
FY2019	$870	$876	$1,113	$1,446	$1,583
FY2018	$859	$864	$1,084	$1,359	$1,535
FY2017	$692	$736	$913	$1,142	$1,331

View full FMR history back to FY2000 →

FY2022 Income Limits

Area Median Income (AMI): $92,200

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$19,800	$22,600	$25,450	$28,250	$32,470	$37,190
50% AMI (Very Low)	$32,950	$37,650	$42,350	$47,050	$50,850	$54,600
80% AMI (Low)	$52,750	$60,250	$67,800	$75,300	$81,350	$87,350

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$13,920/yr

FMR as % of Area Median Income

15.1% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$46,400/yr

$3,867/mo gross income

FY2022 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$806	$922	$1,037	$1,244	$1,336
60% AMI Maximum	$968	$1,106	$1,244	$1,493	$1,604

FY2022 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$798	$909	$1,160	$1,488	$1,498
Low HOME Rent	$823	$941	$1,058	$1,176	$1,271

Compare Franklin County (part), MA HUD Nonmetro FMR Area With Other MA Metros

vs. Amherst Town-Northampton, MA MSA vs. Barnstable Town, MA MSA vs. Berkshire County, MA (part) HUD Metro FMR Area vs. Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area vs. Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area