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RentData.org Logo Lowell Fair Market Rent FY 2012 Lowell, MA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Lowell, MA :
$720 $861 $1,107 $1,322 $1,450
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Lowell are very high compared to the national average. This FMR area is more expensive than 96% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lowell is $1,107 per month.

The previous year, rent for a two-bedroom home was $1,311 per month. This is a 15.56% decrease year-over-year.

This FMR rate applies to North Waltham, MA, Devens, MA, Pinehurst, MA, Woodville, MA, Nutting Lake, MA, West Groton, MA, Village Of Nagog Woods, MA, Newton Lower Falls, MA, Hanscom Afb, MA, West Townsend, MA and other cities within the region. The Metro Code or CBSA code for this region is METRO14460MM4560.

Additionally, This Fair Market Rent (FMR) area Lowell, MA HUD Metro FMR Area spans ten counties or cities in Massachusetts which ares listed in the table below. Estimated population of Lowell, MA HUD Metro FMR Area FMR area is 290,772 people based on latest Census data.

Compared to the rest of Massachusetts, the Lowell FMR area is more expensive than 66% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Lowell. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lowell

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.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 779
1-BR 1-Bedroom $ 933
2-BR 2-Bedroom $ 1199
3-BR 3-Bedroom $ 1432
4-BR 4-Bedroom $ 1571
Change Year:

The counties, cities, towns, and regions listed below fall into the Lowell, MA HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Boston (Manchester).

County / Region Est. Population
Westford town, MA Metro 20,754
Tyngsborough town, MA Metro 11,081
Tewksbury town, MA Metro 28,851
Pepperell town, MA Metro 11,142
Lowell city, MA Metro 105,167
Groton town, MA Metro 9,547
Dunstable town, MA Metro 2,829
Dracut town, MA Metro 28,562
Chelmsford town, MA Metro 33,858
Billerica town, MA Metro 38,981
Zip Codes in Lowell, MA HUD Metro FMR Area

There are 103 unique zip codes in this Fair Market Rent (FMR) area:

01431, 01432, 01434, 01450, 01451, 01460, 01462, 01463, 01464, 01469, 01472, 01474, 01532, 01701, 01702, 01703, 01704, 01718, 01719, 01720, 01721, 01730, 01731, 01741, 01742, 01746, 01748, 01749, 01752, 01754, 01760, 01770, 01773, 01775, 01776, 01778, 01784, 01801, 01803, 01805, 01821, 01822, 01824, 01827, 01850, 01851, 01852, 01853, 01854, 01862, 01863, 01864, 01865, 01866, 01867, 01879, 01886, 01887, 01888, 01889, 01890, 02030, 02054, 02138, 02139, 02140, 02141, 02142, 02143, 02144, 02145, 02148, 02149, 02150, 02151, 02155, 02176, 02180, 02238, 02420, 02421, 02451, 02452, 02453, 02454, 02455, 02458, 02459, 02460, 02461, 02462, 02464, 02465, 02466, 02467, 02468, 02471, 02472, 02474, 02476, 02477, 02478 and 02493

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