Location: Sullivan County, NH | Metro: Merrimack 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 | $1,540 |
| 1 Bedroom | $1,690 |
| 2 Bedrooms | $2,190 |
| 3 Bedrooms | $3,030 |
| 4 Bedrooms | $3,470 |
| 5 Bedrooms | $4,025 |
| 6 Bedrooms | $4,508 |
| 7 Bedrooms | $4,869 |
| 8 Bedrooms | $5,112 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,190 | $485,866 | 0.45% | F |
| 3BR | $3,030 | $661,990 | 0.46% | F |
| 4BR | $3,470 | $1,016,293 | 0.34% | F |
| 5BR | $4,025 | $2,397,609 | 0.17% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 03782, Sunapee, NH, is set at $2,350 for the fiscal year 2026. This figure represents the maximum amount that a landlord can charge for a Section 8 rental unit in this area. It's important to note that this is not the actual rent you will receive from your tenants; it is the payment standard used by the Housing Choice Voucher Program.
In comparison, the local ZORI (Zillow Observed Rental Index) stands at $2,475. This suggests that the market rate for rentals slightly exceeds the FMR, which could impact the number of eligible tenants you might attract under the Section 8 program.
The 27.4% renter share indicates that nearly one in four households in Sunapee rely on rental housing. This statistic points to a steady demand for rental properties, making it a viable option for landlords looking to enter the Section 8 market.
When considering an acquisition cost, the median home value in Sunapee is approximately $678,814. This figure should be taken into account when evaluating the potential profitability of a Section 8 rental property. While the FMR may be lower than the market rate, the consistent income from the government-backed voucher program can provide financial stability.
Before proceeding with a Section 8 rental, it is crucial to verify that the property meets all the required safety and health standards. The Housing Authority will inspect the unit to ensure compliance with these standards, and failure to meet them can result in disqualification from the program.
In summary, the FMR of $2,350 sets the payment cap for Section 8 rentals in Sunapee, while the local ZORI of $2,475 reflects the broader rental market. With 27.4% of households renting, there is a reliable tenant pool. For an investment around $678,814, landlords can expect stable returns, but must ensure the property passes inspection.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.