Section 8 Fair Market Rent (FMR) for ZIP 03442 - 2027

Location: Hillsborough County, NH | Metro: Hillsborough County, NH (part) HUD Metro FMR Area

Investment Score for ZIP 03442

Monthly Rent (2BR)

$1,780

Median Price (2BR)

$303,424

1% Rule

0.59%

Annual Yield

7.04%

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	$1,240
1 Bedroom	$1,360
2 Bedrooms	$1,780
3 Bedrooms	$2,120
4 Bedrooms	$2,980
5 Bedrooms	$3,457
6 Bedrooms	$3,872
7 Bedrooms	$4,182
8 Bedrooms	$4,391

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
1BR	$1,360	$163,723	0.83%	C
2BR	$1,780	$303,424	0.59%	F
3BR	$2,120	$401,215	0.53%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,588

Median Household Income

$83,875

Housing Units

716

Renter Percentage

25.7%

Occupancy Rate

90.4%

Renter Occupied

166

The ZIP code 03442, located in Bennington, New Hampshire, offers a tranquil setting for both living and investment opportunities. Nestled in the rural landscape of New Hampshire, it provides a balanced mix of suburban tranquility and access to essential amenities, making it an attractive option for renters and buyers alike.

The Fair Market Rent (FMR) for ZIP 03442 in fiscal year 2024 is set at $1,420, indicating the government's benchmark for affordable rental housing in the area.
The average market rent, according to Census ACS data, is $1,292. This figure suggests that while there might be some room for increasing rents, the current market reflects a stable rental environment.
The median home value in the area stands at $339,135, which is a reasonable price point for potential property investments given the local economic conditions.
Renters make up 25.7% of the population, showing a significant but not overwhelming demand for rental properties.
The median household income in the area is $83,875, suggesting that residents have sufficient financial stability to support rental payments and home purchases.
Data on the number of days on the market (DOM) is currently unavailable, which could imply either a steady flow of transactions or a lack of recent activity.

Analyzing these points, investors can conclude that ZIP 03442 presents a moderate opportunity for rental investments. The gap between the Fair Market Rent and the actual market rent indicates potential for slight rent increases without pricing out tenants. The median home value suggests a good entry point for purchasing properties, while the median income supports the ability of residents to meet rental costs. However, the relatively low renter share means that the demand for rental properties is limited compared to owner-occupied homes. This analysis points to a balanced approach where rental investments should be carefully considered alongside the potential for property appreciation in a buyer-friendly market.

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.