Location: Lawrence, MA | Metro: Lawrence, MA-NH HUD Metro FMR Area
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 | $1,410 |
| 1 Bedroom | $1,560 |
| 2 Bedrooms | $2,050 |
| 3 Bedrooms | $2,450 |
| 4 Bedrooms | $2,710 |
| 5 Bedrooms | $3,144 |
| 6 Bedrooms | $3,521 |
| 7 Bedrooms | $3,803 |
| 8 Bedrooms | $3,993 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,050 | $502,438 | 0.41% | F |
| 3BR | $2,450 | $638,285 | 0.38% | F |
| 4BR | $2,710 | $742,445 | 0.37% | F |
U.S. Census Bureau data (2024)
1600 is the Fair Market Rent (FMR) for ZIP code 03826, Hampstead, NH, for fiscal year 2024. 1132 is the average market rent based on Census ACS data, indicating a significant gap between FMR and actual market rates. 571,957 is the median home value in the area, suggesting a robust housing market. 27.4% is the proportion of residents who are renters, which is relatively low compared to national averages. 121,184 is the median income in Hampstead, NH, providing insight into the economic health of the community. The data shows that there is no available information on days on market (DOM) or the percentage of listings that have had their prices cut, which could imply a stable local real estate market. Given these figures, it's evident that Hampstead offers a favorable environment for landlords and small-portfolio investors. The disparity between the FMR and the actual market rent suggests potential for higher returns on investment when renting properties to tenants outside the Section 8 program. However, the relatively low renter share and stable median home values indicate a competitive but manageable market for those interested in Section 8 rentals. For landlords looking to enter the Section 8 market, the higher FMR can offset some of the administrative complexities associated with the program. In conclusion, 1600 FMR supports a positive outlook for Section 8 participation in Hampstead, NH.
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.