Housing market/Massachusetts/ZIP 01527

ACS 2023 · FY2027 SAFMR

ZIP 01527 Millbury, Massachusetts

Worcester, 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
13,899
Households
5,292
Median HH income
$116,000
Renter share
26.1%
Median gross rent
$1,507
Vacancy
5.5%
Pop. change
+2.0%
2BR SAFMR
$2,090
SAFMR / rent
1.387×
2–49 unit stock
1,422
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 01527 · MA — sent to you.

ZIP 01527 · MA

ACS median rent$1,507
2BR SAFMR$2,090
90% floor$1,881
110% ceiling$2,299

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

Housing stock

ACS 2023 units-in-structure · ZCTA 01527

  • 1-unit detached3,58063.9%
  • 1-unit attached4377.8%
  • 2–4 units1,06619.0%
  • 5–49 units3566.4%
  • 50+ units1482.6%
  • Mobile160.3%
TypeUnitsShare
1-unit detached3,58063.9%
1-unit attached4377.8%
2 units (duplex)69012.3%
3–4 units3766.7%
5–9 units1532.7%
10–19 units1833.3%
20–49 units200.4%
50+ units1482.6%
Mobile160.3%

2–4 unit share 19.0% · 5–49 unit share 6.4% · combined 2–49 25.4%.

Units by bedrooms

Studio
52
1BR
539
2BR
1,714
3BR
2,188
4BR
1,039
5+
71

Rent burden

Rent ≥30% of income40.8%
Rent ≥50% of income19.7%
  • ACS median gross rent $1,507 (all bedrooms, occupied rentals).
  • Median contract rent $1,243.
  • Renters paying ≥30% of income 40.8%; ≥50% 19.7%.
  • FY2027 2BR SAFMR $2,090 (1.387× ACS median gross rent).

Population

13,899 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.0%.

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: not published for this ZIP.
  • 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 01527 26.1% of occupied households are renters; vacancy is 5.5%; ACS median gross rent is $1,507; population increased +2.0% between the 2018 and 2023 ACS vintages; the housing stock includes 1,066 units in 2–4-unit structures and 356 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,090 versus ACS median gross rent of $1,507. 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 01527 is a Census / HUD profile for Worcester, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 01527?

ZIP 01527 (Worcester, MA HUD Metro FMR Area) has 13,899 residents, 5,292 households, a renter share of 26.1%, median household income of $116,000, and ACS 2023 median gross rent of $1,507. Vacancy is 5.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 01527?

ACS counts 690 units in 2-unit buildings, 376 in 3–4 unit buildings, 153 in 5–9, 183 in 10–19, and 20 in 20–49. Combined 2–49 unit stock is 1,422 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 01527?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,090. See the full schedule and 90–110% payment-standard band on the ZIP 01527 — Millbury, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 01527 is Census / HUD research for Worcester, 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.