Location: Sullivan County, NH | Metro: Sullivan 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 | $1,680 |
| 1 Bedroom | $1,840 |
| 2 Bedrooms | $2,390 |
| 3 Bedrooms | $3,310 |
| 4 Bedrooms | $3,790 |
| 5 Bedrooms | $4,396 |
| 6 Bedrooms | $4,924 |
| 7 Bedrooms | $5,318 |
| 8 Bedrooms | $5,584 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,390 | $362,705 | 0.66% | D |
| 3BR | $3,310 | $428,797 | 0.77% | D |
U.S. Census Bureau data (2024)
A skeptical investor might question whether the Fair Market Rent (FMR) of $2,390 for ZIP 03752 in fiscal year 2026 will sufficiently cover the mortgage on a home priced at $375,302. According to recent data, the median home value in Goshen, NH is around $188,800, which is significantly lower than the price of the home in question. This suggests that the $2,390 FMR may not be enough to cover the mortgage on a $375,302 home, especially considering the higher-than-average price point.
The rental demand at 8.6% could be another concern. While it's difficult to determine the exact impact of this percentage on the rental market, it indicates that only a portion of the homes in the area are rented. However, the data shows that approximately 80.5% of homes are owner-occupied, suggesting a strong preference for homeownership. Despite this, the number of homes sold in January 2026 increased from 2 to 7, indicating a growing interest in the local real estate market.
Lastly, the investor might wonder if Housing Choice Vouchers will keep pace with market rents of $1,938. The median rent in ZIP 03752 is reported to be around $1,500, which is lower than the market rent. This implies that while vouchers can help cover rent, they may not fully match the higher market rates. The disparity between voucher coverage and actual market rents could pose a challenge for landlords seeking to maintain profitability.
In conclusion, while ZIP 03752 offers some promising opportunities in the real estate market, particularly in terms of rising home values and increased sales activity, the data raises concerns about the ability of FMR and rental demand to support investments in higher-priced properties. Additionally, the gap between market rents and voucher coverage may affect the financial viability of rental properties in the 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.