Section 8 Fair Market Rent (FMR) for ZIP 03598 - 2027

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

Investment Score for ZIP 03598

F
Monthly Rent (2BR)
$1,290
Median Price (2BR)
$298,653
1% Rule
0.43%
Annual Yield
5.18%

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$1,010
1 Bedroom$1,020
2 Bedrooms$1,290
3 Bedrooms$1,710
4 Bedrooms$1,720
5 Bedrooms$1,995
6 Bedrooms$2,234
7 Bedrooms$2,413
8 Bedrooms$2,534

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
1BR $1,020 $194,107 0.53% F
2BR $1,290 $298,653 0.43% F
3BR $1,710 $416,966 0.41% F
4BR $1,720 $543,455 0.32% F
5BR $1,995 $757,343 0.26% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
3,396
Median Household Income
$67,179
Housing Units
2,147
Renter Percentage
32.6%
Occupancy Rate
69.7%
Renter Occupied
488

The classification of ZIP 03598 (Whitefield, NH) on the yield and stability axes reveals a market that leans towards providing steady cash flow rather than high-yield, low-stability opportunities. This conclusion is driven by several key figures.

Firstly, let's examine the yield aspect. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,430, while the actual market rent is estimated at $1,069. These figures suggest that there is room for rental pricing to increase, aligning with the FMR, which could be beneficial for landlords aiming to maximize their returns. However, the median home value of $361,842 indicates that the investment cost is relatively high, reducing the overall yield when compared to lower-priced markets.

Moving on to stability, we see that 32.6% of residents are renters, which is a moderate percentage. While this figure does not provide an immediate indication of stability, it suggests a balanced mix of homeowners and renters. Additionally, the average household income of $67,179 provides insight into the financial health of potential tenants. This level of income supports the likelihood of timely rent payments and reduces the risk of vacancy, contributing to a stable cash flow.

The absence of data regarding days on market (DOM) makes it challenging to assess the speed at which properties can be rented out. However, given the income levels and the moderate percentage of renters, it is reasonable to infer that the market has a steady demand for rental properties, further supporting the idea of a stable cash flow.

In summary, ZIP 03598 offers a balance between yield and stability, but leans more towards being a steady-cashflow zone due to the higher median home value and the financial capacity of the local population. Landlords and small-portfolio investors should expect moderate returns with relatively low risk in this area.

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.