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 | $1,260 |
| 1 Bedroom | $1,380 |
| 2 Bedrooms | $1,810 |
| 3 Bedrooms | $2,370 |
| 4 Bedrooms | $2,400 |
| 5 Bedrooms | $2,784 |
| 6 Bedrooms | $3,118 |
| 7 Bedrooms | $3,367 |
| 8 Bedrooms | $3,535 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,810 | $340,983 | 0.53% | F |
| 3BR | $2,370 | $373,766 | 0.63% | D |
| 4BR | $2,400 | $470,221 | 0.51% | F |
U.S. Census Bureau data (2024)
ZIP code 03455 is situated in the heart of Marlborough, New Hampshire, a suburban neighborhood known for its quiet streets and family-friendly environment. With a total population of 2,242, it has a notable rental segment at 31.3%, indicating a significant portion of residents who prefer leasing over homeownership. The median household income in this area stands at $69,395, reflecting a middle-class community where financial stability is common. The median home value is $367,143, suggesting a stable housing market with reasonable property values.
Moving into the economic analysis of rental properties, the Fair Market Rent (FMR) for ZIP 03455, set for metro FY 2026, is $2,010. This figure is notably higher than the current market rent, which averages $1,133 according to the Census ACS. The discrepancy between the FMR and the actual market rent presents an opportunity for investors to either increase rents to align with the FMR or maintain lower rents to attract tenants, depending on their investment strategy.
The landscape of ZIP 03455 makes it suitable for both hands-off voucher operators and hands-on value-add buyers. For hands-off operators, the Section 8 program can provide a steady stream of income with minimal tenant turnover, given the relatively low market rent compared to the FMR. However, for those interested in a more active role, there's potential to renovate and improve properties, thereby increasing their value and rental income closer to the FMR. The key is understanding the local market dynamics and tailoring your approach accordingly.
In summary, ZIP 03455 offers a balanced mix of population characteristics and economic conditions that can cater to various investment styles. Whether you're looking for a passive income source through the Section 8 program or aiming to create value through property improvements, the data suggests that this suburban neighborhood in Marlborough, NH, provides a solid foundation for real estate investment.
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.