Section 8 Fair Market Rent (FMR) for ZIP 03057 - 2027

Location: Hillsborough County, NH | Metro: Nashua, NH HUD Metro FMR Area

Investment Score for ZIP 03057

Monthly Rent (2BR)

$2,160

Median Price (2BR)

$471,034

1% Rule

0.46%

Annual Yield

5.5%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,500
1 Bedroom	$1,690
2 Bedrooms	$2,160
3 Bedrooms	$2,840
4 Bedrooms	$3,070
5 Bedrooms	$3,561
6 Bedrooms	$3,988
7 Bedrooms	$4,307
8 Bedrooms	$4,522

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$2,160	$471,034	0.46%	F
3BR	$2,840	$617,330	0.46%	F
4BR	$3,070	$754,348	0.41%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,709

Median Household Income

$156,250

Housing Units

953

Renter Percentage

4.0%

Occupancy Rate

92.8%

Renter Occupied

The town of Mont Vernon, NH, represented by ZIP code 03057, is a small residential community situated in the heart of New Hampshire's rural landscape. Known for its serene environment and close proximity to larger urban centers, it offers a unique blend of tranquility and accessibility. Here's a concise market analysis based on key data points.

The Fair Market Rent (FMR) for a two-bedroom apartment in Mont Vernon for fiscal year 2024 is set at $2250. This figure reflects the federal guideline for rental prices and can be used as a benchmark for setting reasonable rents.
The average market rent for all property types in Mont Vernon, according to the latest Census American Community Survey (ACS), stands at $1,104. This indicates that the actual rents charged are below the FMR, suggesting potential room for modest increases.
The median home value in Mont Vernon is $654,978. This high median value is indicative of a strong local housing market, which can translate into stable long-term investments for property owners.
Renters make up only 4.0% of the total population in Mont Vernon, meaning that the majority of residents are homeowners. This low renter share suggests that the demand for rental properties might be limited.
The Days on Market (DOM) data for Mont Vernon is currently not available. This could imply that either the market is quite stable, or there isn't enough transactional activity to provide reliable DOM statistics.
The median household income in Mont Vernon is $156,250. This relatively high income level supports the idea that residents can afford higher rents, but also indicates a preference for homeownership over renting.

Investors considering Mont Vernon should take note of the discrepancy between the FMR and the actual market rent, which presents opportunities for modest rent increases without pricing out tenants. The high median home value and median income suggest a robust local economy, conducive to long-term investment stability. However, the low percentage of renters implies a smaller pool of potential tenants, making location and property quality critical factors for success. Despite the lack of DOM data, the overall economic health of the area provides a solid foundation for investment in both rental and owner-occupied properties.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.