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RentData.org Logo Lowell Fair Market Rent FY 2020 Lowell, MA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Lowell, MA :
$1,066 $1,188 $1,534 $1,912 $2,078
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 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lowell is $1,534 per month.

The previous year, rent for a two-bedroom home was $1,514 per month. This is a 1.32% increase year-over-year.

This FMR rate applies to Woodville, MA, Devens, MA, West Groton, MA, Nutting Lake, MA, North Waltham, MA, Pinehurst, 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 0 people based on 2000 Census data.

Compared to the rest of Massachusetts, the Lowell FMR area is more expensive than 70% 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 $ 1139
1-BR 1-Bedroom $ 1270
2-BR 2-Bedroom $ 1639
3-BR 3-Bedroom $ 2042
4-BR 4-Bedroom $ 2220
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
Billerica town, MA Metro 0
Chelmsford town, MA Metro 0
Dracut town, MA Metro 0
Dunstable town, MA Metro 0
Groton town, MA Metro 0
Lowell city, MA Metro 0
Pepperell town, MA Metro 0
Tewksbury town, MA Metro 0
Tyngsborough town, MA Metro 0
Westford town, MA Metro 0
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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