JeffCroweCRE

Housing market/Massachusetts/ZIP 01523

ACS 2023 · FY2027 SAFMR

ZIP 01523 Lancaster, 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
8,470
Households
2,944
Median HH income
$130,444
Renter share
17.1%
Median gross rent
$1,985
Vacancy
0.9%
Pop. change
+9.3%
2BR SAFMR
$3,190
SAFMR / rent
1.607×
2–49 unit stock
272
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 01523 · MA — sent to you.

ZIP 01523 · MA

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ACS rent vs 2BR SAFMR

ZIP 01523 — Lancaster, MA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,985
2BR SAFMR$3,190
90% floor$2,871
110% ceiling$3,509

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

Housing stock

ACS 2023 units-in-structure · ZCTA 01523

  • 1-unit detached2,46382.9%
  • 1-unit attached2147.2%
  • 2–4 units1464.9%
  • 5–49 units1264.2%
  • 50+ units210.7%
TypeUnitsShare
1-unit detached2,46382.9%
1-unit attached2147.2%
2 units (duplex)1314.4%
3–4 units150.5%
5–9 units662.2%
10–19 units441.5%
20–49 units160.5%
50+ units210.7%
Mobile00.0%

2–4 unit share 4.9% · 5–49 unit share 4.2% · combined 2–49 9.2%.

Units by bedrooms

Studio
113
1BR
217
2BR
475
3BR
1,426
4BR
620
5+
119

Rent burden

Rent ≥30% of income53.0%
Rent ≥50% of income8.0%
  • ACS median gross rent $1,985 (all bedrooms, occupied rentals).
  • Median contract rent $1,496.
  • Renters paying ≥30% of income 53.0%; ≥50% 8.0%.
  • FY2027 2BR SAFMR $3,190 (1.607× ACS median gross rent).

Population

8,470 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.3%.

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: 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 01523 17.1% of occupied households are renters; vacancy is 0.9%; ACS median gross rent is $1,985; population increased +9.3% between the 2018 and 2023 ACS vintages; the housing stock includes 146 units in 2–4-unit structures and 126 units in 5–49-unit structures; FY2027 2BR SAFMR is $3,190 versus ACS median gross rent of $1,985. 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 01523 is a Census / HUD profile for Eastern Worcester County, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 01523 — Lancaster, 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——$2,12001503Eastern Worcester County, MA HUD Metro FMR Area20.2%$1,432$2,84001504Eastern Worcester County, MA HUD Metro FMR Area26.3%$1,157$2,65001510Eastern Worcester County, MA HUD Metro FMR Area47.1%$1,353$1,95001529Eastern 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 01523?

ZIP 01523 (Eastern Worcester County, MA HUD Metro FMR Area) has 8,470 residents, 2,944 households, a renter share of 17.1%, median household income of $130,444, and ACS 2023 median gross rent of $1,985. Vacancy is 0.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 01523?

ACS counts 131 units in 2-unit buildings, 15 in 3–4 unit buildings, 66 in 5–9, 44 in 10–19, and 16 in 20–49. Combined 2–49 unit stock is 272 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 01523?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,190. See the full schedule and 90–110% payment-standard band on the ZIP 01523 — Lancaster, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 01523 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.