03031
ZIPFMR
Hillsborough County, NH
BRFMR
Eff. Rent
0 BR$1,467$1,610
1 BR$1,673$1,840
2 BR$2,127$2,300
3 BR$2,822$2,840
4 BR$3,001$3,100
5 BR$3,451
6 BR$3,969
7 BR$4,564
8 BR$5,249

Purchase Price Calculator

Maximum purchase price
$279,863

Cost breakdown

+Likely effective rent$2,300
HUD FMR$2,127
Market rent$2,400
Est. payment standard (108%)Used$2,300
Estimated payment standard is $2,300 (108% of FMR).
-Principal and interest-$1,415
Loan amount$223,890
Down payment$55,973
Rate6.50%
Term30 years
-Operating costs-$685
Property taxes-$280
Insurance-$175
Utilities$0
HOA$0
Management-$230
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,740(65.6% ROI)
Projected value
$301,381
Current value$279,863
Return breakdown
Property appreciation+$21,519
Loan principal paid down+$8,021
Rental cash flow+$7,200
5-year hold
+$63,081(112.7% ROI)
Projected value
$316,639
Current value$279,863
Return breakdown
Property appreciation+$36,776
Loan principal paid down+$14,304
Rental cash flow+$12,000
10-year hold
+$136,470(243.8% ROI)
Projected value
$358,248
Current value$279,863
Return breakdown
Property appreciation+$78,385
Loan principal paid down+$34,085
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.86ratio
FMR$1,467
Market$1,700
vs market-$233

FMR is below market; voucher rent may lag private rents.

90% standard$1,320 / 0.78 ratio110% standard$1,614 / 0.95 ratio
0.86
1 BR
1 BR
0.86ratio
FMR$1,673
Market$1,940
vs market-$267

FMR is below market; voucher rent may lag private rents.

90% standard$1,506 / 0.78 ratio110% standard$1,840 / 0.95 ratio
0.86
2 BR
2 BR
0.89ratio
FMR$2,127
Market$2,400
vs market-$273

FMR is below market; voucher rent may lag private rents.

90% standard$1,914 / 0.80 ratio110% standard$2,340 / 0.97 ratio
0.89
3 BR
3 BR
0.99ratio
FMR$2,822
Market$2,850
vs market-$28

FMR is near market; voucher and private rents are aligned.

90% standard$2,540 / 0.89 ratio110% standard$3,104 / 1.09 ratio
0.99
4 BR
4 BR
0.95ratio
FMR$3,001
Market$3,160
vs market-$159

FMR is near market; voucher and private rents are aligned.

90% standard$2,701 / 0.85 ratio110% standard$3,301 / 1.04 ratio
0.95
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 03031 (NH) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

03031 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 03031 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,127 and the 4 bedroom fair market rent is $3,001.

Use this page for searches like 03031 FMR, 03031 fair market rent, and 03031 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 03031
Bedroom sizeHUD FMR
Studio$1,467
1 bedroom$1,673
2 bedroom$2,127
3 bedroom$2,822
4 bedroom$3,001