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Housing market/Massachusetts/ZIP 01843

ACS 2023 · FY2027 SAFMR

ZIP 01843 Lawrence, Massachusetts

Lawrence, MA-NH 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
28,444
Households
10,613
Median HH income
$72,163
Renter share
64.1%
Median gross rent
$1,703
Vacancy
3.2%
Pop. change
+11.8%
2BR SAFMR
$2,490
SAFMR / rent
1.462×
2–49 unit stock
6,225
LIHTC proj / units
2 / 60
HUD assisted MF
2 / 100

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 01843 · MA — sent to you.

ZIP 01843 · MA

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ACS rent vs 2BR SAFMR

ZIP 01843 — Lawrence, MA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,703
2BR SAFMR$2,490
90% floor$2,241
110% ceiling$2,739

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

Housing stock

ACS 2023 units-in-structure · ZCTA 01843

  • 1-unit detached2,93426.8%
  • 1-unit attached9048.2%
  • 2–4 units4,07137.1%
  • 5–49 units2,15419.6%
  • 50+ units8497.7%
  • Mobile560.5%
TypeUnitsShare
1-unit detached2,93426.8%
1-unit attached9048.2%
2 units (duplex)1,24411.3%
3–4 units2,82725.8%
5–9 units1,0209.3%
10–19 units5064.6%
20–49 units6285.7%
50+ units8497.7%
Mobile560.5%

2–4 unit share 37.1% · 5–49 unit share 19.6% · combined 2–49 56.8%.

Units by bedrooms

Studio
609
1BR
1,526
2BR
3,988
3BR
3,279
4BR
991
5+
575

Rent burden

Rent ≥30% of income51.1%
Rent ≥50% of income22.7%
  • ACS median gross rent $1,703 (all bedrooms, occupied rentals).
  • Median contract rent $1,503.
  • Renters paying ≥30% of income 51.1%; ≥50% 22.7%.
  • FY2027 2BR SAFMR $2,490 (1.462× ACS median gross rent).

Population

28,444 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +11.8%.

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

Assisted inventory

  • LIHTC: 2 projects, 60 units.
  • HUD project-based assisted MF: 2 properties, 100 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 498 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 01843 64.1% of occupied households are renters; vacancy is 3.2%; ACS median gross rent is $1,703; population increased +11.8% between the 2018 and 2023 ACS vintages; the housing stock includes 4,071 units in 2–4-unit structures and 2,154 units in 5–49-unit structures; 2 LIHTC projects totaling 60 units; FY2027 2BR SAFMR is $2,490 versus ACS median gross rent of $1,703. 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 01843 is a Census / HUD profile for Lawrence, MA-NH, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 01843 — Lawrence, MA HUD Section 8 Payment Standards / SAFMR·Massachusetts ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
01830Lawrence, MA-NH HUD Metro FMR Area43.1%$1,602$2,32001831Lawrence, MA-NH HUD Metro FMR Area——$2,47001832Lawrence, MA-NH HUD Metro FMR Area41.9%$1,612$2,30001833Lawrence, MA-NH HUD Metro FMR Area16.1%$1,973$3,01001834Lawrence, MA-NH HUD Metro FMR Area8.3%$1,815$2,08001835Lawrence, MA-NH HUD Metro FMR Area24.0%$1,747$2,41001840Lawrence, MA-NH HUD Metro FMR Area97.7%$1,174$2,12001841Lawrence, MA-NH HUD Metro FMR Area67.7%$1,565$2,17001842Lawrence, MA-NH HUD Metro FMR Area——$2,47001845Lawrence, MA-NH HUD Metro FMR Area30.1%$2,113$3,01001860Lawrence, MA-NH HUD Metro FMR Area21.0%$1,236$2,31001885Lawrence, MA-NH HUD Metro FMR Area——$2,470

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 01843?

ZIP 01843 (Lawrence, MA-NH HUD Metro FMR Area) has 28,444 residents, 10,613 households, a renter share of 64.1%, median household income of $72,163, and ACS 2023 median gross rent of $1,703. Vacancy is 3.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 01843?

ACS counts 1,244 units in 2-unit buildings, 2,827 in 3–4 unit buildings, 1,020 in 5–9, 506 in 10–19, and 628 in 20–49. Combined 2–49 unit stock is 6,225 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 01843?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,490. See the full schedule and 90–110% payment-standard band on the ZIP 01843 — Lawrence, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 01843 is Census / HUD research for Lawrence, MA-NH 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.