FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 03766
0.77ratio
FMR$1,820
Market$2,360
vs market-$540
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 03766
1.02ratio
FMR$2,390
Market$2,350
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR- 03766
1.00ratio
FMR$3,240
Market$3,250
vs market-$10
FMR is near market; voucher and private rents are aligned.
1.00
4 BR
4 BR- 03766
0.88ratio
FMR$3,290
Market$3,730
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.88
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
--
Lebanon, NH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lebanon, NH is $2,390 a month. That is down 9.8% from $2,650 in FY 2026. Lebanon is in the Grafton 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 $1,719. The median county two-bedroom FMR in New Hampshire is $1,727, so Lebanon is 38% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lebanon, NH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,010
$1,810
−10.0%
$1,629–$1,991
1BR
$2,020
$1,820
−9.9%
$1,638–$2,002
2BR
$2,650
$2,390
−9.8%
$2,151–$2,629
3BR
$3,600
$3,240
−10.0%
$2,916–$3,564
4BR
$3,650
$3,290
−9.9%
$2,961–$3,619
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lebanon, NH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,810
$1,820
$2,390
$3,240
$3,290
FY 2026
$2,010
$2,020
$2,650
$3,600
$3,650
FY 2025
$1,480
$1,550
$2,030
$2,700
$2,820
FY 2024area FMR
$891
$1,001
$1,315
$1,708
$1,940
FY 2023area FMR
$898
$1,020
$1,343
$1,714
$2,057
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Lebanon, NH rents
How much will Section 8 pay for a two-bedroom in Lebanon, NH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,719, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,547 to $1,891 a month; under the ZIP-level Small Area FMR of $2,390 it would be $2,151 to $2,629. 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 Lebanon, NH in?
Lebanon, NH is in the Grafton County, NH non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,719.
How much did fair market rent change in Lebanon, NH for FY 2027?
The two-bedroom FMR fell 9.8%, from $2,650 in FY 2026 to $2,390 in FY 2027. Since FY 2025 it has risen 17.7%.
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