JeffCroweCRE

Housing market/Massachusetts/ZIP 01503

ACS 2023 · FY2027 SAFMR

ZIP 01503 Berlin, Eastern Worcester County, Massachusetts

Eastern Worcester County, MA HUD Metro FMR Area · Massachusetts. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,311
Households
1,447
Median HH income
$122,411
Renter share
20.2%
Median gross rent
$1,432
Vacancy
3.7%
Pop. change
+5.3%
2BR SAFMR
$2,840
SAFMR / rent
1.983×
2–49 unit stock
376
LIHTC proj / units
—
HUD assisted MF
2 / 71

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 01503 · MA — sent to you.

ZIP 01503 · MA

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ACS rent vs 2BR SAFMR

ZIP 01503 — Berlin, MA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,432
2BR SAFMR$2,840
90% floor$2,556
110% ceiling$3,124

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 01503

  • 1-unit detached75950.5%
  • 1-unit attached35923.9%
  • 2–4 units18712.5%
  • 5–49 units18912.6%
  • Mobile80.5%
TypeUnitsShare
1-unit detached75950.5%
1-unit attached35923.9%
2 units (duplex)1399.3%
3–4 units483.2%
5–9 units251.7%
10–19 units181.2%
20–49 units1469.7%
50+ units00.0%
Mobile80.5%

2–4 unit share 12.5% · 5–49 unit share 12.6% · combined 2–49 25.0%.

Units by bedrooms

Studio
0
1BR
251
2BR
357
3BR
555
4BR
227
5+
112

Rent burden

Rent ≥30% of income36.3%
Rent ≥50% of income12.7%
  • ACS median gross rent $1,432 (all bedrooms, occupied rentals).
  • Median contract rent $1,196.
  • Renters paying ≥30% of income 36.3%; ≥50% 12.7%.
  • FY2027 2BR SAFMR $2,840 (1.983× ACS median gross rent).

Population

3,311 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 2 properties, 71 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 807 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 01503 20.2% of occupied households are renters; vacancy is 3.7%; ACS median gross rent is $1,432; population increased +5.3% between the 2018 and 2023 ACS vintages; the housing stock includes 187 units in 2–4-unit structures and 189 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,840 versus ACS median gross rent of $1,432. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Massachusetts research

ZIP 01503 is a Census / HUD profile for Eastern Worcester County, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 01503 — Berlin, MA HUD Section 8 Payment Standards / SAFMR·Massachusetts ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
01434Eastern Worcester County, MA HUD Metro FMR Area29.9%$1,286$2,65001451Eastern Worcester County, MA HUD Metro FMR Area9.0%$1,387$2,65001467Eastern Worcester County, MA HUD Metro FMR Area——$2,12001504Eastern Worcester County, MA HUD Metro FMR Area26.3%$1,157$2,65001510Eastern Worcester County, MA HUD Metro FMR Area47.1%$1,353$1,95001523Eastern Worcester County, MA HUD Metro FMR Area17.1%$1,985$3,19001529Eastern Worcester County, MA HUD Metro FMR Area11.5%$1,275$2,04001534Eastern Worcester County, MA HUD Metro FMR Area20.0%$1,170$1,95001561Eastern Worcester County, MA HUD Metro FMR Area——$3,19001568Eastern Worcester County, MA HUD Metro FMR Area10.0%—$2,59001569Eastern Worcester County, MA HUD Metro FMR Area19.8%$1,480$2,15001581Eastern Worcester County, MA HUD Metro FMR Area39.3%$2,038$2,810

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Massachusetts research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 01503?

ZIP 01503 (Eastern Worcester County, MA HUD Metro FMR Area) has 3,311 residents, 1,447 households, a renter share of 20.2%, median household income of $122,411, and ACS 2023 median gross rent of $1,432. Vacancy is 3.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 01503?

ACS counts 139 units in 2-unit buildings, 48 in 3–4 unit buildings, 25 in 5–9, 18 in 10–19, and 146 in 20–49. Combined 2–49 unit stock is 376 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 01503?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,840. See the full schedule and 90–110% payment-standard band on the ZIP 01503 — Berlin, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 01503 is Census / HUD research for Eastern Worcester County, MA HUD Metro FMR Area. Jeff Crowe CRE does not list Massachusetts property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.