HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Nantucket County, Massachusetts (FY 2027)
$3,583 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Nantucket County, and it's the baseline every voucher in Nantucket is measured against.
Two-bedroom FMR
$3,583
+14.2% from FY 2026
Payment standard
$3,225–$3,941
90% to 110% of the FMR, two-bedroom
Income to afford
$143,320
a year, with rent at 30% of income
Rank in Massachusetts
1st of 14
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $2,495 | $2,246–$2,745 | $99,800 | $47.98/hr | +3.6% |
| 1 bedroom | $2,739 | $2,465–$3,013 | $109,560 | $52.67/hr | +12.9% |
| 2 bedroom | $3,583 | $3,225–$3,941 | $143,320 | $68.90/hr | +14.2% |
| 3 bedroom | $4,269 | $3,842–$4,696 | $170,760 | $82.10/hr | +3.0% |
| 4 bedroom | $5,392 | $4,853–$5,931 | $215,680 | $103.69/hr | +2.5% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $6,201 | $5,581–$6,821 |
| 6 bedroom Estimate | $7,010 | $6,309–$7,711 |
| 7 bedroom Estimate | $7,818 | $7,036–$8,600 |
| 8 bedroom Estimate | $8,627 | $7,764–$9,490 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Nantucket actually rent for?
Search any address in Nantucket for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Nantucket somewhere between $3,225 and $3,941. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$3,583 a month is affordable, by HUD's 30% rule, on an income of roughly $143,320 a year. Put another way, $69 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$3,225 | Voucher pays at 100%$3,583 | Voucher pays at 110%$3,941 |
|---|---|---|---|---|
| $2,500 | $750 | $2,475 | $2,833 | $3,191 |
| $4,000 | $1,200 | $2,025 | $2,383 | $2,741 |
Rate history
The two-bedroom rate went up 14% from FY 2026 ($3,138) to FY 2027 ($3,583). Since FY 2020 it's up 108% in total, about 11.1% a year. The Massachusetts median held flat over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $1,248 | $1,305 | $1,719 | $2,320 | $2,329 | — |
| FY 2021 | $1,335 | $1,761 | $2,023 | $2,733 | $2,743 | +17.7% |
| FY 2022 | $1,587 | $1,848 | $2,388 | $3,236 | $3,438 | +18.0% |
| FY 2023 | $1,750 | $2,009 | $2,618 | $3,219 | $3,580 | +9.6% |
| FY 2024 | $1,910 | $1,922 | $2,526 | $3,096 | $3,423 | -3.5% |
| FY 2025 | $2,298 | $2,436 | $2,842 | $3,424 | $4,772 | +12.5% |
| FY 2026 | $2,409 | $2,425 | $3,138 | $4,143 | $5,260 | +10.4% |
| FY 2027In effect | $2,495 | $2,739 | $3,583 | $4,269 | $5,392 | +14.2% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Nantucket, that runs from $2,495 for a studio up to $5,392 for four bedrooms, all five rates in the table above.
Because Nantucket sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Nantucket included.
Among Massachusetts's 14 counties, Nantucket ranks 1st for two-bedroom FMR. That's about 58% above the state median of $2,273 and about 237% above the national median county at $1,063. About 14,483 people live here, 14th in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the 3 ZIP codes it covers in Nantucket, the two-bedroom rate is $3,600 across the board, so there's no ZIP-level story here.
Rates by town
Massachusetts publishes Fair Market Rents town by town instead of by county. Nantucket County has just the one town, so its rate for FY 2027 is the county number too.
| Town | Population | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|---|
| Nantucket town | 14,483 | $2,495 | $2,739 | $3,583 | $4,269 | $5,392 |
Nearby counties
Two-bedroom FMR, with how each compares to Nantucket.
Barnstable County
33 mi · 231,668 people
$2,488
-31%
Dukes County
34 mi · 20,933 people
$2,010
-44%
Plymouth County
65 mi · 535,075 people
$2,713
-24%
Bristol County
66 mi · 582,270 people
$1,928
-46%
Norfolk County
86 mi · 730,082 people
$3,004
-16%
Suffolk County
91 mi · 785,121 people
$3,008
-16%
Middlesex County
104 mi · 1,638,365 people
$2,884
-20%
Essex County
106 mi · 813,054 people
$2,761
-23%
Questions people ask
$3,583 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $2,495 for a studio, $2,739 for one bedroom, $4,269 for three and $5,392 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Nantucket actually go for?
HUD's number is one input. Search any address in Nantucket for a rent estimate built from nearby comps. Free to start, no card.
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