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 | $372,726 | 0.47% | F |
| 3BR | $2,270 | $466,807 | 0.49% | F |
| 4BR | $2,300 | $563,295 | 0.41% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 03467 (Westmoreland, NH) on the axes of yield and stability reveals a unique market dynamic that is neither purely high-yield/low-stability nor a steady cash flow zone, but rather a blend of both characteristics.
On the yield axis, the market presents an opportunity for above-average returns. The Fair Market Rent (FMR) for the metropolitan area in fiscal year 2026 is set at $1,820. This figure exceeds the local market rent of $1,354, indicating that landlords could potentially capitalize on higher rents if they manage properties effectively. However, the median home value of $436,481 suggests a relatively high investment cost compared to other areas, which could moderate the overall yield when considering the initial capital outlay and ongoing maintenance costs.
Regarding stability, the metrics paint a mixed picture. The percentage of renters in the area is relatively low at 10.7%, which might suggest a less stable rental market due to fewer potential tenants. Additionally, the average daily days on market (DOM) is not available, making it difficult to assess how quickly properties are typically leased. On the positive side, the median household income is robust at $104,444, which supports a stronger tenant pool capable of handling higher rents and possibly reducing turnover rates.
To summarize, ZIP 03467 leans towards a high-yield market due to the discrepancy between the FMR and local market rent, but its stability is questionable given the low percentage of renters. The strong median income offers some counterbalance to the instability concerns, suggesting that while there is risk, it is also accompanied by potential for significant returns. For landlords and small-portfolio investors, this area represents a niche market where careful property selection and management can lead to favorable outcomes.
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.