Section 8 Fair Market Rent (FMR) for ZIP 03217 - 2027

Location: Grafton County, NH | Metro: Grafton County, NH

Investment Score for ZIP 03217

F
Monthly Rent (2BR)
$1,540
Median Price (2BR)
$330,792
1% Rule
0.47%
Annual Yield
5.59%

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$1,170
1 Bedroom$1,170
2 Bedrooms$1,540
3 Bedrooms$2,090
4 Bedrooms$2,130
5 Bedrooms$2,471
6 Bedrooms$2,768
7 Bedrooms$2,989
8 Bedrooms$3,138

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 $1,540 $330,792 0.47% F
3BR $2,090 $402,751 0.52% F
4BR $2,130 $507,336 0.42% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,183
Median Household Income
$54,607
Housing Units
1,343
Renter Percentage
35.9%
Occupancy Rate
74.3%
Renter Occupied
358

The dynamics of the Ashland, NH (ZIP 03217) real estate market reveal a scenario where demand is likely keeping pace with, if not slightly exceeding, supply. This inference is drawn from the comparison between the Fair Market Rent (FMR) and the market rent figures. The FMR stands at $1,710 for the fiscal year 2026, while the actual market rent is reported at $1,096 according to the Census ACS. This suggests that there is a significant gap between what is considered fair and what is currently being paid, indicating strong rental demand.

The median home value in Ashland is $358,195. While the data does not provide specifics on the days on market (DOM) or the percentage of homes needing price cuts, the high FMR relative to the market rent implies that there is a segment of the population willing to pay above average rates for housing, possibly due to limited supply or strong economic fundamentals in the area.

Ashland's renter share is noteworthy at 35.9%. This figure signals a substantial portion of the population prefers or requires rental accommodation, which can translate into persistent housing pressure over the long term. A higher renter share often correlates with ongoing demand for rental properties, as these individuals may be unable or unwilling to purchase homes. This could be due to various factors such as affordability concerns, transient populations, or young professionals who are not yet ready to buy.

In summary, the current snapshot of the Ashland real estate market indicates a balance leaning towards demand. Landlords and small-portfolio investors should find opportunities in both the rental and sale markets, with rentals potentially offering a steady income stream given the strong demand and high FMR. The presence of a considerable renter share points to a sustained need for rental units, suggesting a robust market for those inclined to invest in multi-family or rental 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.