Section 8 Fair Market Rent (FMR) for ZIP 03456 - 2027

Location: Cheshire County, NH | Metro: Cheshire County, NH

Investment Score for ZIP 03456

F
Monthly Rent (2BR)
$1,740
Median Price (2BR)
$328,992
1% Rule
0.53%
Annual Yield
6.35%

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$1,200
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

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
2BR $1,740 $328,992 0.53% F
3BR $2,270 $422,217 0.54% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
855
Median Household Income
$110,455
Housing Units
432
Renter Percentage
7.4%
Occupancy Rate
75.0%
Renter Occupied
24

The market in Marlow, NH, represented by ZIP code 03456, presents a dynamic environment influenced by various factors that shape housing pressures and rental dynamics. The Fair Market Rent (FMR) for the area stands at $1,860 for fiscal year 2026, while the actual market rent, as per Census ACS data, is currently $1,154. This indicates a potential upward trajectory in rental prices, aligning with the expected FMR.

The median home value in Marlow is $338,107. Although specific percentages for price-cut share and days on market (DOM) are not available, the gap between the FMR and the current market rent suggests that demand may be growing relative to supply. Landlords and small-portfolio investors should take note of this trend, as it points to increasing interest in renting properties in the area.

The 7.4% renter share in Marlow is relatively low compared to national averages, which typically hover around 35%. This lower share implies that homeownership is prevalent, but it also means that there could be long-term pressure on the rental market. As the population grows or changes, the need for rental units might increase, especially if employment opportunities expand, attracting more renters.

In summary, Marlow's ZIP 03456 is a market characterized by steady growth in rental values, indicating a balance that may tip towards higher demand in the future. The current median home value and low renter share suggest a stable homeowner base, but the potential for increased rental demand is evident. Investors should monitor these dynamics closely, as they reflect the underlying pressures and trends affecting the local housing 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.