Location: Merrimack County, NH | Metro: Merrimack County, NH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,440 |
| 1 Bedroom | $1,590 |
| 2 Bedrooms | $2,090 |
| 3 Bedrooms | $2,750 |
| 4 Bedrooms | $2,770 |
| 5 Bedrooms | $3,213 |
| 6 Bedrooms | $3,599 |
| 7 Bedrooms | $3,887 |
| 8 Bedrooms | $4,081 |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 03233, located in Merrimack County, NH metro, reveals key insights for landlords and small-portfolio investors. The Fair Market Rent (FMR) as determined by HUD for the NH metro area for fiscal year 2026 is set at $2,320. However, due to the lack of current market rent data, it's challenging to provide an exact comparison. Based on the available HUD FMR, voucher tenants in this area will typically cashflow at the FMR rate, but the margin will be tight without premium units.
The median home value in ZIP 03233 is also not specified, which means we cannot calculate a precise rent-to-price ratio. This ratio is crucial for understanding the rent versus buy dynamics in the area. Despite the missing data points, it's clear that the stability of cashflow from Section 8 vouchers is a strong draw for investors in this region. The predictability of rental income and the government-backed nature of these vouchers can offer a reliable source of income, making stability the most compelling angle for potential investors.
Data Sources: FMR data from HUD (2027). 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.