Location: Cheshire County, NH | Metro: Cheshire County, NH
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,200 |
| 1 Bedroom | $1,330 |
| 2 Bedrooms | $1,740 |
| 3 Bedrooms | $2,270 |
| 4 Bedrooms | $2,300 |
| 5 Bedrooms | $2,668 |
| 6 Bedrooms | $2,988 |
| 7 Bedrooms | $3,227 |
| 8 Bedrooms | $3,388 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,740 | $456,546 | 0.38% | F |
| 3BR | $2,270 | $472,368 | 0.48% | F |
U.S. Census Bureau data (2024)
1710 - The Fair Market Rent (FMR) for ZIP code 03443, Chesterfield, NH, stands at $1,710 for metro FY 2026, indicating the upper limit for rental subsidies under the Section 8 program. 455995 - In contrast, the median home value in the area is $455,995, suggesting a significant gap between subsidized rents and homeownership costs. 0.0 - The renter share in Chesterfield is a mere 0.0%, which means the vast majority of residents are homeowners rather than renters. This statistic points to a community where investment in rental properties might struggle to find an audience. N/A - Unfortunately, specific data on median income and days on market (DOM) are unavailable, making it challenging to assess the financial capacity of potential tenants and the local housing market's liquidity. N/A - Additionally, the lack of information regarding the percentage of homes that have had their prices cut further complicates the analysis of the local real estate market dynamics. Given these figures, it becomes evident that Chesterfield, NH, is not a region where rental investments, particularly those relying on Section 8 subsidies, would thrive. The extremely low renter share and the absence of critical data elements make it difficult to justify the risk and effort associated with managing Section 8 properties. Therefore, the verdict on Section 8 investments in Chesterfield, NH, is decidedly negative.
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.