FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR- 03851
0.93ratio
FMR$1,510
Market$1,620
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 03851
1.03ratio
FMR$1,980
Market$1,930
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR- 03851
1.22ratio
FMR$2,430
Market$2,000
vs market+$430
FMR is above market; underwrite to market rent.
1.22
4 BR
4 BR- 03851
1.31ratio
FMR$2,650
Market$2,020
vs market+$630
FMR is above market; underwrite to market rent.
1.31
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
--
Milton, NH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Milton, NH is $1,980 a month. That is up 11.9% from $1,770 in FY 2026. Milton is in the Portsmouth-Rochester, NH HUD Metro 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 metro-wide two-bedroom FMR of $2,093. The median county two-bedroom FMR in New Hampshire is $1,727, so Milton is 15% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Milton, NH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,330
$1,450
+9.0%
$1,305–$1,595
1BR
$1,370
$1,510
+10.2%
$1,359–$1,661
2BR
$1,770
$1,980
+11.9%
$1,782–$2,178
3BR
$2,190
$2,430
+11.0%
$2,187–$2,673
4BR
$2,480
$2,650
+6.9%
$2,385–$2,915
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Milton, NH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,450
$1,510
$1,980
$2,430
$2,650
FY 2026
$1,330
$1,370
$1,770
$2,190
$2,480
FY 2025
$1,340
$1,430
$1,810
$2,310
$2,700
FY 2024
$1,060
$1,130
$1,430
$1,840
$2,240
FY 2023
$900
$990
$1,260
$1,690
$2,070
Questions about Milton, NH rents
How much will Section 8 pay for a two-bedroom in Milton, NH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,093, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,884 to $2,302 a month; under the ZIP-level Small Area FMR of $1,980 it would be $1,782 to $2,178. 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 Milton, NH in?
Milton, NH is in the Portsmouth-Rochester, NH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,093.
How much did fair market rent change in Milton, NH for FY 2027?
The two-bedroom FMR rose 11.9%, from $1,770 in FY 2026 to $1,980 in FY 2027. Since FY 2023 it has risen 57.1%.
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