Location: Merrimack County, NH | Metro: Merrimack County, NH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,270 |
| 1 Bedroom | $1,400 |
| 2 Bedrooms | $1,830 |
| 3 Bedrooms | $2,390 |
| 4 Bedrooms | $2,400 |
| 5 Bedrooms | $2,784 |
| 6 Bedrooms | $3,118 |
| 7 Bedrooms | $3,367 |
| 8 Bedrooms | $3,535 |
U.S. Census Bureau data (2024)
ZIP code 03273, located within Merrimack County, NH, presents a unique scenario when compared to other ZIP codes in the same county. The Fair Market Rent (FMR) for ZIP 03273 is set at $1,980 for fiscal year 2026, which is a critical figure for landlords and small-portfolio investors considering Section 8 participation.
While specific market rent and home value data for ZIP 03273 are not available, we can infer its position within the Merrimack County, NH metro based on the given FMR and the 4.9% renter share. Typically, ZIP codes with higher FMRs tend to be premium sub-markets, whereas those with lower FMRs might be considered value pockets. However, ZIP 03273's FMR of $1,980 suggests it is neither the lowest nor the highest in the region, placing it more likely in the mid-tier category.
The 4.9% renter share is a notable point. This percentage indicates that nearly 5% of the residents in ZIP 03273 are renters, which is an important consideration for landlords. A higher renter share generally means a larger pool of potential tenants, including those who might qualify for Section 8 housing assistance. Although the exact market rents and home values are not provided, the presence of a relatively high renter share alongside a defined FMR can signal a sweet spot for Section 8 properties. Landlords should consider this ZIP code as a potentially lucrative area for Section 8 investments, given the combination of a moderate FMR and a substantial renter population.
To further understand the economic dynamics of ZIP 03273 and its comparison to other ZIP codes in Merrimack County, NH, it would be beneficial to gather additional data points such as median home values and average market rents. This information would provide a clearer picture of how ZIP 03273 fits into the broader context of the Merrimack County, NH metro.
In summary, ZIP 03273 appears to be a mid-tier neighborhood within the Merrimack County, NH metro, with an FMR of $1,980 and a 4.9% renter share. These figures suggest that it could be a valuable area for landlords interested in Section 8 properties, offering a balance between manageable rent levels and a significant number of potential tenants.
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.