Location: Coos County, NH | Metro: Coos County, NH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,160 |
| 1 Bedroom | $1,160 |
| 2 Bedrooms | $1,480 |
| 3 Bedrooms | $1,970 |
| 4 Bedrooms | $1,980 |
| 5 Bedrooms | $2,297 |
| 6 Bedrooms | $2,573 |
| 7 Bedrooms | $2,779 |
| 8 Bedrooms | $2,918 |
U.S. Census Bureau data (2024)
The ZIP code 03575, located in Coos County, NH, presents a unique opportunity for Section 8 investors due to the HUD Fair Market Rent (FMR) of $1,610 for the fiscal year 2026. This figure is crucial as it directly impacts the amount that voucher tenants can pay towards their monthly rent. However, without specific market rent data for comparison, it's challenging to definitively state whether voucher tenants will cashflow at FMR, marginally, or only with premium units. Typically, in areas where market rents are significantly higher than the FMR, landlords might experience marginal cashflow or need to focus on premium units to cover costs.
To derive a rent-to-price ratio, we would usually compare the FMR to the median home value in the area. Unfortunately, the median home value for ZIP 03575 is not available, which limits our ability to provide a precise ratio. This ratio is important because it helps investors understand the relationship between rental income and property values, indicating potential returns and investment risks.
The days on market (DOM) and price-cut share data are also unavailable for ZIP 03575. These metrics are essential for understanding the local real estate market dynamics, particularly how quickly properties sell and whether sellers often need to reduce their asking prices. In markets where DOM is high and price-cut shares are significant, it suggests that buying properties may be more advantageous over renting, due to slower rental turnover rates and potentially lower rental yields.
Given the limited data, the strongest investor angle in ZIP 03575 appears to be stability. The consistency of HUD's FMR provides a reliable income stream for landlords who can manage their properties efficiently, ensuring they align closely with the FMR to maximize cashflow. Stability is key in this region, offering a predictable and steady investment option for those looking to enter the Section 8 housing market.
Data Sources: FMR data from HUD (2027). 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.