Grafton County/Bristol/03222

03222

ZIPSAFMR

Grafton County, NH

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ZIP Investment Score

53Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,290	$1,410	13.1%
1 BR	$1,300	$1,430	9.1%
2 BR	$1,710	$1,790	9.1%
3 BR	$2,310	$2,150	10.6%
4 BR	$2,340	$2,230	6.4%
5 BR	$2,691	Not available	6.4%
6 BR	$3,095	Not available	6.4%
7 BR	$3,559	Not available	6.5%
8 BR	$4,093	Not available	6.5%

Purchase Price Calculator

Maximum purchase price

$204,077

Cost breakdown

+Likely effective rent$1,790

HUD FMR$1,710

Market rent$1,830

Est. payment standard (105%)Used$1,790

-Principal and interest-$1,032

Loan amount$163,261

Down payment$40,815

Rate6.50%

Term30 years

-Operating costs-$558

Property taxes-$204

Insurance-$175

Utilities$0

HOA$0

Management-$179

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$28,741(70.4% ROI)

Projected value

$219,768

Return breakdown

Property appreciation+$15,692

Loan principal paid down+$5,849

Rental cash flow+$7,200

5-year hold

+$49,248(120.7% ROI)

Projected value

$230,894

Return breakdown

Property appreciation+$26,817

Loan principal paid down+$10,431

Rental cash flow+$12,000

10-year hold

+$106,013(259.7% ROI)

Projected value

$261,236

Return breakdown

Property appreciation+$57,159

Loan principal paid down+$24,855

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.88ratio

FMR$1,290

Market$1,470

vs market-$180

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

0.88

1 BR

0.82ratio

FMR$1,300

Market$1,590

vs market-$290

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

0.82

2 BR

0.93ratio

FMR$1,710

Market$1,830

vs market-$120

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

0.93

3 BR

1.07ratio

FMR$2,310

Market$2,150

vs market+$160

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

1.07

4 BR

1.05ratio

FMR$2,340

Market$2,230

vs market+$110

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

1.05

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: --

ZIP 03222 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03222 (Bristol, NH) is $1,710 a month. That is down 9.5% from $1,890 in FY 2026. Bristol 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. Among 41 ZIP codes in Grafton County, 03222 has the 18th-highest two-bedroom rent (county range $1,240–$2,430).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03222
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,430	$1,290	−9.8%	$1,161–$1,419
1BR	$1,440	$1,300	−9.7%	$1,170–$1,430
2BR	$1,890	$1,710	−9.5%	$1,539–$1,881
3BR	$2,560	$2,310	−9.8%	$2,079–$2,541
4BR	$2,600	$2,340	−10.0%	$2,106–$2,574

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03222
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,290	$1,300	$1,710	$2,310	$2,340
FY 2026	$1,430	$1,440	$1,890	$2,560	$2,600
FY 2025	$1,060	$1,110	$1,450	$1,930	$2,020
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.

Two-bedroom rent in nearby Grafton County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 03222
03215	$1,590	−7.0%
03217	$1,540	−9.9%
03222Current	$1,710	—
03223	$1,760	+2.9%
03238	$1,530	−10.5%
03240	$1,630	−4.7%
03241	$1,680	−1.8%
03243	$1,690	−1.2%
03245	$2,400	+40.4%
03251	$1,730	+1.2%
03262	$1,540	−9.9%
03264	$1,750	+2.3%

Questions about ZIP 03222 rents

How much will Section 8 pay for a two-bedroom in ZIP 03222?

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 $1,710 it would be $1,539 to $1,881. 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 03222 in?

ZIP 03222 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 ZIP 03222 for FY 2027?

The two-bedroom FMR fell 9.5%, from $1,890 in FY 2026 to $1,710 in FY 2027. Since FY 2025 it has risen 17.9%.

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

County fair market rent Bristol, NH fair market rent NH statewide rents What is SAFMR?Data sources