Location: Carroll County, NH | Metro: Carroll 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 | $1,080 |
| 1 Bedroom | $1,210 |
| 2 Bedrooms | $1,540 |
| 3 Bedrooms | $2,120 |
| 4 Bedrooms | $2,560 |
| 5 Bedrooms | $2,970 |
| 6 Bedrooms | $3,326 |
| 7 Bedrooms | $3,592 |
| 8 Bedrooms | $3,772 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,210 | $380,831 | 0.32% | F |
| 2BR | $1,540 | $454,191 | 0.34% | F |
| 3BR | $2,120 | $507,590 | 0.42% | F |
| 4BR | $2,560 | $628,261 | 0.41% | F |
U.S. Census Bureau data (2024)
The rent math for ZIP 03872 in Wakefield, NH, does not work effectively due to insufficient data on market rent. The Fair Market Rent (FMR) set at $1880 for fiscal year 2024 serves as the benchmark for rental properties in the area. However, without specific market rent figures, it's challenging to determine if the FMR accurately reflects the local rental landscape.
Acquisition in this ZIP code is moderately affordable, given the median home value stands at $471,254. While the exact days on market (DOM) and percentage of homes that have experienced price cuts are not available, the median home value suggests that buying into the area could be feasible for investors looking for long-term stability rather than quick flips. The lack of precise DOM and price-cut share percentages indicates a stable housing market but hinders a detailed affordability analysis.
Tenant demand in ZIP 03872 is relatively low. With a total population of 4,438, only 3.2% of residents are renters. This low renter share implies a smaller pool of potential tenants, which could make it difficult to find and retain renters. Additionally, the limited number of renters might indicate a preference for homeownership in the area, further reducing the likelihood of high tenant demand.
In summary, ZIP 03872 presents challenges for Section 8 real estate investment due to an incomplete picture of market rents and low tenant demand. While the median home value suggests some affordability, the lack of significant data on days on market and price cut shares, combined with the low percentage of renters, makes this area less attractive for such investments. Landlords and small-portfolio investors should carefully consider these factors before committing to properties in this ZIP code.
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.