Location: Coos County, NH | Metro: Coos County, NH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,080 |
| 1 Bedroom | $1,080 |
| 2 Bedrooms | $1,370 |
| 3 Bedrooms | $1,820 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
U.S. Census Bureau data (2024)
The ZIP code 03595 in New Hampshire is home to a population of 648 individuals. Only 8.5% of the residents are renters, indicating that this area is primarily dominated by homeowners rather than renters. This suggests that the demand for Section 8 vouchers is relatively low compared to areas with higher percentages of renters.
The median household income in this ZIP code stands at $64,762. The average market rent is $1,078 per month, which represents approximately 20% of the median monthly income when calculated as $64,762 divided by 12 months. This percentage highlights that the typical rent consumes a significant portion of local income, potentially making it challenging for tenants without financial assistance to afford housing.
Comparing the market rent to the Fair Market Rent (FMR) of $1,500, which is set for the fiscal year 2026 in the metro area, we see that the market rent in ZIP 03595 is below the FMR. This means that landlords can potentially qualify for higher voucher payments if they meet the criteria for Section 8 participation, thus providing an incentive for landlords to consider accepting vouchers despite the low demand.
In terms of tenant profiles, landlords in ZIP 03595 should expect tenants who rely on Section 8 vouchers due to the limited rental market and the high cost of living relative to income. These tenants will likely have a lower income level and require the support of government subsidies to cover their housing expenses. Given the homeowner-dominated nature of the area, landlords must be prepared to attract and retain tenants who are financially dependent on rental assistance programs.
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.