Location: Coos County, NH | Metro: Coos County, NH
| 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 |
U.S. Census Bureau data (2024)
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). 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.