FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR
0.80ratio
FMR$1,760
Market$2,190
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR
0.88ratio
FMR$2,300
Market$2,610
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR
0.85ratio
FMR$2,740
Market$3,220
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR
0.83ratio
FMR$3,020
Market$3,620
vs market-$600
FMR is below market; voucher rent may lag private rents.
0.83
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
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ZIP 03073 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03073 (North Salem, NH) is $2,300 a month. That is up 3.6% from $2,220 in FY 2026. North Salem 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. Among 48 ZIP codes in Rockingham County, 03073 is tied for the 21st-highest two-bedroom rent (county range $1,980–$3,550). The median county two-bedroom FMR in New Hampshire is $1,727, so ZIP 03073 is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 03073
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,530
$1,630
+6.5%
$1,467–$1,793
1BR
$1,690
$1,760
+4.1%
$1,584–$1,936
2BR
$2,220
$2,300
+3.6%
$2,070–$2,530
3BR
$2,660
$2,740
+3.0%
$2,466–$3,014
4BR
$2,940
$3,020
+2.7%
$2,718–$3,322
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 03073
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,630
$1,760
$2,300
$2,740
$3,020
FY 2026
$1,530
$1,690
$2,220
$2,660
$2,940
FY 2025
$1,320
$1,470
$1,930
$2,330
$2,560
FY 2024
$1,290
$1,470
$1,900
$2,310
$2,530
FY 2023
$1,180
$1,360
$1,760
$2,140
$2,360
Two-bedroom rent in nearby Rockingham County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 03073?
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 $2,300 it would be $2,070 to $2,530. 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 ZIP 03073 in?
ZIP 03073 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 ZIP 03073 for FY 2027?
The two-bedroom FMR rose 3.6%, from $2,220 in FY 2026 to $2,300 in FY 2027. Since FY 2023 it has risen 30.7%.
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