Section 8 Fair Market Rent (FMR) for ZIP 03590 - 2027

Location: Coos County, NH | Metro: Coos County, NH

Investment Score for ZIP 03590

D
Monthly Rent (2BR)
$1,260
Median Price (2BR)
$185,876
1% Rule
0.68%
Annual Yield
8.13%

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$990
1 Bedroom$1,000
2 Bedrooms$1,260
3 Bedrooms$1,680
4 Bedrooms$1,680
5 Bedrooms$1,949
6 Bedrooms$2,183
7 Bedrooms$2,358
8 Bedrooms$2,476

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 $1,260 $185,876 0.68% D
3BR $1,680 $235,341 0.71% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,297
Median Household Income
$52,803
Housing Units
732
Renter Percentage
15.2%
Occupancy Rate
69.1%
Renter Occupied
77

15.2% of residents in ZIP 03590, Stratford, NH, are renters, indicating a moderate demand for rental properties in the area. The Fair Market Rent (FMR) for Section 8 in the metro area for fiscal year 2026 is set at $1,330, which is significantly higher than the reported market rent of $775 based on Census ACS data. This disparity suggests that landlords could potentially receive higher rental income through Section 8 participation compared to the local market rate.

The median home value in Stratford, NH, stands at $196,142, providing a benchmark for property values in the region. With a median income of $52,803, many households might find it challenging to afford homeownership, thus increasing their reliance on rental housing. The Section 8 program can offer a stable source of income for landlords, as it ensures timely payments through government subsidies.

Investors should consider the benefits of Section 8 participation, including guaranteed rental income and reduced risk of vacancy. However, the program also comes with regulatory compliance requirements and potential tenant screening challenges. The current FMR of $1,330 exceeds the typical market rent of $775, making Section 8 an attractive option for landlords looking to maximize returns on their investment properties in ZIP 03590.

Given the financial figures, landlords in Stratford, NH, can expect to see a positive cash flow when participating in the Section 8 program, especially if they own properties valued around the median home value of $196,142. The moderate renter share of 15.2% and the relatively low median income of $52,803 further support the idea that many tenants would qualify for the Section 8 assistance, thereby increasing the pool of potential tenants.

In conclusion, the data points towards a favorable environment for landlords interested in the Section 8 program in Stratford, NH. The higher FMR compared to market rent and the moderate demand for rentals make it a viable strategy for generating steady income and maintaining occupied properties.

Section 8 Verdict: Favorable for landlords in Stratford, NH.

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.