Location: Coos County, NH | Metro: Coos 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 | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $910 | $143,705 | 0.63% | D |
| 2BR | $1,160 | $215,200 | 0.54% | F |
| 3BR | $1,540 | $295,526 | 0.52% | F |
| 4BR | $1,540 | $284,073 | 0.54% | F |
U.S. Census Bureau data (2024)
Investing in Section 8 properties in ZIP code 03576, located in Colebrook, NH, comes with distinct risks that must be carefully considered. Tenant turnover is a significant concern, given the stark difference between the market rent of $812 and the Fair Market Rent (FMR) of $1,260 for fiscal year 2026 in the metro area. This disparity suggests that tenants may prefer higher-rent areas, leading to frequent moves and increased vacancy periods.
Vacancy exposure is another critical issue. The lack of available data on days on market (DOM) indicates a potential difficulty in quickly filling vacancies. This uncertainty can be particularly problematic for first-time landlords who might not have a reserve to cover extended vacancy periods.
The deferred maintenance exposure is also notable. With a typical home value of $230,999 and a median income of $52,682, the financial burden of maintaining and repairing properties may fall heavily on the landlord. Tenants with limited income may not contribute significantly to these costs, increasing the financial strain on property owners.
However, these risks are somewhat mitigated by the high renter share of 24.6%. High renter density generally correlates with a greater demand for rental housing, including those using Section 8 vouchers. This increased demand can help ensure that properties remain occupied, reducing the impact of vacancy exposure.
In conclusion, the risks associated with Section 8 investments in ZIP 03576 are substantial due to potential tenant turnover, vacancy exposure, and deferred maintenance issues. However, the high renter share offers some assurance of steady demand. Based on these factors, the overall risk for a first-time Section 8 landlord in this area is moderate.
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.