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

Fair Market Rent prices in Worcester 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 Worcester is $1,635 per month.

The previous year, rent for a two-bedroom home was $1,491 per month. This is a 9.66% increase year-over-year.

This FMR rate applies to Charlton Depot, MA, Still River, MA, West Millbury, MA, Wheelwright, MA, Fayville, MA, Manchaug, MA, North Uxbridge, MA, South Barre, MA, East Templeton, MA, Linwood, MA and other cities within the region. The Metro Code or CBSA code for this region is METRO49340M49340.

Additionally, This Fair Market Rent (FMR) area Worcester, MA HUD Metro FMR Area spans thirty-three counties or cities in Massachusetts which ares listed in the table below. Estimated population of Worcester, MA HUD Metro FMR Area FMR area is 553,965 people based on latest Census data.

Compared to the rest of Massachusetts, the Worcester FMR area is more expensive than 50% of the state.

Median Rent Prices in Worcester

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: