(MA) has the
3rd highest rent in the country out of 56 states and territories. The Fair Market Rent in
$1,375 for a 2-bedroom apartment in
Springfield, MA HUD Metro FMR Area
to $2,827 for a 2-bedroom unit in
Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area.
For FY 2024, the Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area (Essex County) rent for a studio or efficiency is $2,212 per month and $3,765 per month to rent a house or an apartment with 4 bedrooms.
The average Fair Market Rent for a 2-bedroom home in is $2,026 per month.
Approximately 15% of Americans qualify for some level of housing assistance. The population in
is around 6,873,003 people. So, there are around 1,030,950 people in who could be receiving housing benefits from the HUD.
Click on your region in the list below or on the map to see a more detailed break down of rental prices.
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 .
Fair Market Rent is the 40th-percentile of typical rentals in a given region.