Location: Merrimack County, NH | Metro: Merrimack County, NH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,250 |
| 1 Bedroom | $1,380 |
| 2 Bedrooms | $1,800 |
| 3 Bedrooms | $2,360 |
| 4 Bedrooms | $2,370 |
| 5 Bedrooms | $2,749 |
| 6 Bedrooms | $3,079 |
| 7 Bedrooms | $3,325 |
| 8 Bedrooms | $3,491 |
The Fair Market Rent (FMR) for ZIP code 03302 in Unknown, NH, for fiscal year 2026 is set at $1,970. This figure represents the payment standard under the Section 8 Housing Choice Voucher program, which means it's the maximum amount that the government will pay towards rent for a unit in this area. It's important to note that this is not the amount you would charge tenants; rather, it's the ceiling for government reimbursement.
In comparison to local market rents, which are currently listed as N/A, the FMR can serve as a benchmark. While we don't have specific local rent figures, the N/A% share of renters who might be eligible for Section 8 vouchers indicates a significant demand for subsidized housing in this area. This suggests that there is a market for Section 8 rentals.
The acquisition cost for properties in ZIP 03302 is also noted as N/A, which means it's crucial to research property values in the area to ensure your investment aligns with the expected returns based on the FMR.
Before proceeding with a Section 8 rental, verify that your property meets all the necessary standards and criteria for participation in the program. This includes ensuring compliance with health and safety inspections, understanding the terms of the lease agreement, and being aware of any additional requirements such as rent levels and unit size.
Data Sources: FMR data from HUD (2027).
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.