FMR is near market; voucher and private rents are aligned.
0.99
1 BR
1 BR- 03854
0.84ratio
FMR$2,260
Market$2,700
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.84
2 BR
2 BR- 03854
0.96ratio
FMR$2,970
Market$3,080
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR- 03854
0.92ratio
FMR$3,640
Market$3,940
vs market-$300
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 03854
0.84ratio
FMR$3,970
Market$4,750
vs market-$780
FMR is below market; voucher rent may lag private rents.
0.84
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
--
New Castle, NH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in New Castle, NH is $2,970 a month. That is down 9.7% from $3,290 in FY 2026. New Castle is in the Lawrence, MA-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 $2,367. The median county two-bedroom FMR in New Hampshire is $1,727, so New Castle is 72% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for New Castle, NH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,400
$2,160
−10.0%
$1,944–$2,376
1BR
$2,510
$2,260
−10.0%
$2,034–$2,486
2BR
$3,290
$2,970
−9.7%
$2,673–$3,267
3BR
$4,040
$3,640
−9.9%
$3,276–$4,004
4BR
$4,410
$3,970
−10.0%
$3,573–$4,367
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for New Castle, NH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,160
$2,260
$2,970
$3,640
$3,970
FY 2026
$2,400
$2,510
$3,290
$4,040
$4,410
FY 2025
$2,210
$2,270
$2,940
$3,640
$4,120
FY 2024
$2,220
$2,370
$3,000
$3,830
$4,490
FY 2023
$1,660
$1,840
$2,340
$3,050
$3,720
Questions about New Castle, NH rents
How much will Section 8 pay for a two-bedroom in New Castle, NH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,367, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,130 to $2,604 a month; under the ZIP-level Small Area FMR of $2,970 it would be $2,673 to $3,267. 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 New Castle, NH in?
New Castle, NH is in the Lawrence, MA-NH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,367.
How much did fair market rent change in New Castle, NH for FY 2027?
The two-bedroom FMR fell 9.7%, from $3,290 in FY 2026 to $2,970 in FY 2027. Since FY 2023 it has risen 26.9%.
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