JeffCroweCRE

Housing market/Massachusetts/ZIP 01863

ACS 2023 · FY2027 SAFMR

ZIP 01863 North Chelmsford, Massachusetts

Lowell, 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
9,592
Households
3,628
Median HH income
$136,284
Renter share
15.6%
Median gross rent
$1,698
Vacancy
1.3%
Pop. change
+5.1%
2BR SAFMR
$2,340
SAFMR / rent
1.378×
2–49 unit stock
1,008
LIHTC proj / units
1 / 37
HUD assisted MF
1 / 0

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 01863 · MA — sent to you.

ZIP 01863 · MA

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ACS rent vs 2BR SAFMR

ZIP 01863 — North Chelmsford, MA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,698
2BR SAFMR$2,340
90% floor$2,106
110% ceiling$2,574

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

Housing stock

ACS 2023 units-in-structure · ZCTA 01863

  • 1-unit detached1,97253.6%
  • 1-unit attached64717.6%
  • 2–4 units2917.9%
  • 5–49 units71719.5%
  • 50+ units501.4%
TypeUnitsShare
1-unit detached1,97253.6%
1-unit attached64717.6%
2 units (duplex)1042.8%
3–4 units1875.1%
5–9 units2256.1%
10–19 units3038.2%
20–49 units1895.1%
50+ units501.4%
Mobile00.0%

2–4 unit share 7.9% · 5–49 unit share 19.5% · combined 2–49 27.4%.

Units by bedrooms

Studio
22
1BR
162
2BR
1,419
3BR
1,274
4BR
699
5+
101

Rent burden

Rent ≥30% of income40.0%
Rent ≥50% of income27.8%
  • ACS median gross rent $1,698 (all bedrooms, occupied rentals).
  • Median contract rent $1,443.
  • Renters paying ≥30% of income 40.0%; ≥50% 27.8%.
  • FY2027 2BR SAFMR $2,340 (1.378× ACS median gross rent).

Population

9,592 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.1%.

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

Assisted inventory

  • LIHTC: 1 projects, 37 units.
  • HUD project-based assisted MF: 1 properties, 0 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,372 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 01863 15.6% of occupied households are renters; vacancy is 1.3%; ACS median gross rent is $1,698; population increased +5.1% between the 2018 and 2023 ACS vintages; the housing stock includes 291 units in 2–4-unit structures and 717 units in 5–49-unit structures; 1 LIHTC projects totaling 37 units; FY2027 2BR SAFMR is $2,340 versus ACS median gross rent of $1,698. 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 01863 is a Census / HUD profile for Lowell, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 01863 — North Chelmsford, MA HUD Section 8 Payment Standards / SAFMR·Massachusetts ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
01432Lowell, MA HUD Metro FMR Area29.6%$1,373$2,65001450Lowell, MA HUD Metro FMR Area10.4%$1,521$2,65001460Lowell, MA HUD Metro FMR Area15.5%$1,542$2,81001463Lowell, MA HUD Metro FMR Area16.9%$1,303$2,65001472Lowell, MA HUD Metro FMR Area——$2,98001730Lowell, MA HUD Metro FMR Area29.2%$2,430$3,44001741Lowell, MA HUD Metro FMR Area5.9%$1,409$3,07001810Lowell, MA HUD Metro FMR Area19.5%$2,046$3,07001821Lowell, MA HUD Metro FMR Area18.9%$2,211$3,05001822Lowell, MA HUD Metro FMR Area——$2,98001824Lowell, MA HUD Metro FMR Area17.3%$2,076$2,93001826Lowell, MA HUD Metro FMR Area20.2%$1,740$2,390

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 01863?

ZIP 01863 (Lowell, MA HUD Metro FMR Area) has 9,592 residents, 3,628 households, a renter share of 15.6%, median household income of $136,284, and ACS 2023 median gross rent of $1,698. Vacancy is 1.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 01863?

ACS counts 104 units in 2-unit buildings, 187 in 3–4 unit buildings, 225 in 5–9, 303 in 10–19, and 189 in 20–49. Combined 2–49 unit stock is 1,008 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 01863?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,340. See the full schedule and 90–110% payment-standard band on the ZIP 01863 — North Chelmsford, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 01863 is Census / HUD research for Lowell, 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.