Location: Hillsborough County, NH | Metro: Nashua, NH HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,330 |
| 1 Bedroom | $1,510 |
| 2 Bedrooms | $1,920 |
| 3 Bedrooms | $2,540 |
| 4 Bedrooms | $2,710 |
| 5 Bedrooms | $3,144 |
| 6 Bedrooms | $3,521 |
| 7 Bedrooms | $3,803 |
| 8 Bedrooms | $3,993 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,920 | $367,771 | 0.52% | F |
| 3BR | $2,540 | $514,768 | 0.49% | F |
| 4BR | $2,710 | $585,504 | 0.46% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 03071, New Ipswich, NH, reveals a favorable environment for those seeking stable rental income. The HUD Fair Market Rent (FMR) for the area stands at $1620 for the fiscal year 2024, which is significantly higher than the Census ACS-reported market rent of $882. This indicates that voucher tenants will likely provide positive cash flow, given the substantial gap between the two figures.
To further understand the investment potential, consider the median home value of $481,756. The rent-to-price ratio can be calculated by dividing the annual FMR ($19,440) by the median home value, yielding approximately 4%. This ratio suggests that rental properties in the area are undervalued relative to their purchase price, making them attractive for investors looking to capitalize on rental income.
The dynamics of days on market (DOM) and price cut percentages are not available for this specific area, but they typically influence the decision-making process for both rental and purchasing markets. In the absence of these metrics, the focus remains on the strong cash flow potential provided by the disparity between HUD FMR and market rent.
In conclusion, the strongest investor angle in ZIP 03071 is cash flow, due to the high HUD FMR compared to the local market rent. This makes it an ideal location for Section 8 investors seeking consistent and reliable rental income.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.