Franklin County Fair Market Rent FY 2023 Franklin County, MA HUD Metro FMR Area Rental Data

Fair Market Rent prices in Franklin County are very high compared to the national average. This FMR area is more expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Franklin County is $1,280 per month.

The previous year, rent for a two-bedroom home was $1,160 per month. This is a 10.34% increase year-over-year.

This FMR rate applies to Heath, MA, Lake Pleasant, MA, Monroe Bridge, MA, Wendell Depot, MA, Buckland, MA, Whately, MA, Warwick, MA, Wendell, MA, Millers Falls, MA, New Salem, MA and other cities within the region. The Metro Code or CBSA code for this region is METRO44140M25011.

Additionally, This Fair Market Rent (FMR) area Franklin County, MA HUD Metro FMR Area spans twenty-six counties or cities in Massachusetts which ares listed in the table below. Estimated population of Franklin County, MA HUD Metro FMR Area FMR area is 70,529 people based on latest Census data.

Compared to the rest of Massachusetts, the Franklin County FMR area is less expensive than 85% of the state.

Median Rent Prices in Franklin County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: