FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR- 03235
0.92ratio
FMR$1,360
Market$1,480
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR- 03235
0.93ratio
FMR$1,780
Market$1,920
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.93
3 BR
3 BR- 03235
1.06ratio
FMR$2,350
Market$2,220
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 03235
1.00ratio
FMR$2,360
Market$2,370
vs market-$10
FMR is near market; voucher and private rents are aligned.
1.00
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Franklin, NH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Franklin, NH is $1,780 a month. That is up 4.7% from $1,700 in FY 2026. Franklin is in the Merrimack County, NH non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,800. The median county two-bedroom FMR in New Hampshire is $1,727, so Franklin is 3% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Franklin, NH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,170
$1,230
+5.1%
$1,107–$1,353
1BR
$1,300
$1,360
+4.6%
$1,224–$1,496
2BR
$1,700
$1,780
+4.7%
$1,602–$1,958
3BR
$2,240
$2,350
+4.9%
$2,115–$2,585
4BR
$2,250
$2,360
+4.9%
$2,124–$2,596
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Franklin, NH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,230
$1,360
$1,780
$2,350
$2,360
FY 2026
$1,170
$1,300
$1,700
$2,240
$2,250
FY 2025
$960
$1,060
$1,390
$1,840
$1,840
FY 2024area FMR
$972
$1,086
$1,427
$1,877
$1,900
FY 2023area FMR
$963
$1,072
$1,411
$1,839
$1,895
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Franklin, NH rents
How much will Section 8 pay for a two-bedroom in Franklin, NH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,800, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,620 to $1,980 a month; under the ZIP-level Small Area FMR of $1,780 it would be $1,602 to $1,958. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Franklin, NH in?
Franklin, NH is in the Merrimack County, NH non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,800.
How much did fair market rent change in Franklin, NH for FY 2027?
The two-bedroom FMR rose 4.7%, from $1,700 in FY 2026 to $1,780 in FY 2027. Since FY 2025 it has risen 28.1%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set