FY2025 Fair Market Rents — Franklin County, MA HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2025 in this area are:

Studio
$1,071
1BR
$1,191
2BR
$1,562
3BR
$1,882
4BR
$2,100
Hours/week at min wage
81 hrs
to afford the 2BR FMR @ $15.00/hr (MA)
National rank
#145
of 639 U.S. metros (top 24% most expensive)
YoY change (2BR)
+7.4%
+$108 vs FY2024
Voucher payment standard
$1,406–$1,718
PHAs set HCV payment at 90–110% of the 2BR FMR

Franklin County, MA HUD Metro FMR Area

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

FY2025 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,071 $12,852
1-Bedroom $1,191 $14,292
2-Bedroom $1,562 $18,744
3-Bedroom $1,882 $22,584
4-Bedroom $2,100 $25,200

Recent 2-Bedroom FMR Trend

FY2022 $1,160 → FY2025 $1,562
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2025 $1,071 $1,191 $1,562 $1,882 $2,100
FY2024 $986 $1,107 $1,454 $1,766 $2,052
FY2023 $856 $988 $1,280 $1,586 $1,831
FY2022 $798 $909 $1,160 $1,488 $1,672

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $93,100

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $23,000 $26,300 $29,600 $32,850 $36,580 $41,960
50% AMI (Very Low) $38,350 $43,800 $49,300 $54,750 $59,150 $63,550
80% AMI (Low) $61,350 $70,100 $78,850 $87,600 $94,650 $101,650

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$18,744/yr
FMR as % of Area Median Income
20.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$62,480/yr
$5,207/mo gross income

FY2024 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 $814 $931 $1,047 $1,256 $1,349
60% AMI Maximum $977 $1,117 $1,256 $1,508 $1,619

FY2024 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 $986 $1,107 $1,454 $1,512 $1,512
Low HOME Rent $958 $1,095 $1,232 $1,368 $1,478

Compare Franklin County, MA HUD Metro 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

Counties in This FMR Area

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