New Bedford Fair Market Rent FY 2023 New Bedford, MA HUD Metro FMR Area Rental Data

Fair Market Rent prices in New Bedford 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 New Bedford is $1,282 per month.

The previous year, rent for a two-bedroom home was $1,114 per month. This is a 15.08% increase year-over-year.

This FMR rate applies to Easton, MA, Westport Point, MA, Chartley, MA, Raynham Center, MA, Attleboro Falls, MA, Dighton, MA, North Dighton, MA, Assonet, MA, East Freetown, MA, Rochester, MA and other cities within the region. The Metro Code or CBSA code for this region is METRO39300MM5400.

Additionally, This Fair Market Rent (FMR) area New Bedford, MA HUD Metro FMR Area spans five counties or cities in Massachusetts which ares listed in the table below. Estimated population of New Bedford, MA HUD Metro FMR Area FMR area is 165,442 people based on latest Census data.

Compared to the rest of Massachusetts, the New Bedford FMR area is less expensive than 90% of the state.

Median Rent Prices in New Bedford

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: