Section 8 Fair Market Rent (FMR) for ZIP 03897 - 2027

Location: Carroll County, NH | Metro: Carroll County, NH

FY 2027 Fair Market Rent Rates

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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

29.6%

Renter Occupied

The ZIP code 03897, located in New Hampshire, represents a niche market with unique characteristics that set it apart from larger metropolitan areas. This region is primarily known for its low population density and high desirability among homeowners, which impacts the rental market dynamics significantly.

Fair Market Rent (FMR): The Fair Market Rent for ZIP 03897 is set at $1,470 for the fiscal year 2026, indicating a relatively stable but modest rental price point compared to urban centers.
Rental Market Data: Specific data on market rents is currently unavailable, suggesting a limited supply of rental properties and potentially a less competitive rental market environment.
Median Home Value: Data on the median home value is not available, but given the low renter share, it's likely that the majority of residents own their homes, reflecting a strong preference for homeownership in this area.
Renter Share: With a 0.0% renter share, this ZIP code stands out as predominantly a homeowner community, which can influence property management decisions and investment strategies.
Days on Market (DOM): The average days on market for properties is not available, but considering the strong preference for homeownership, the market may be slower-moving with fewer transactions.
Median Income: Information on the median income is also not available, though it is reasonable to assume that the area supports a comfortable living standard given the high cost of homeownership and the stability implied by the FMR.

In summary, ZIP 03897 offers a specialized market opportunity for real estate investors, characterized by a strong homeownership preference and limited rental competition. Given the modest Fair Market Rent and the lack of detailed rental market data, investing in this area should focus on long-term homeownership opportunities rather than short-term rental yields. The scarcity of specific metrics such as median home value and median income highlights the need for thorough local research before making any investment decisions.

Data Sources: FMR data from HUD (2027). 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.