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Grafton County/Grafton/03240

03240

ZIPSAFMR
Grafton County, NH
Zillow

ZIP Investment Score

73Below average

095130300
BRFMR
Eff. Rent
0 BR$1,240$1,240
1 BR$1,250$1,250
2 BR$1,630$1,630
3 BR$2,220$2,220
4 BR$2,250$2,250
5 BR$2,588Not available
6 BR$2,976Not available
7 BR$3,422Not available
8 BR$3,935Not available

Purchase Price Calculator

Maximum purchase price
$180,301

Cost breakdown

+Likely effective rent$1,630
HUD FMRUsed$1,630
Market rentN/A
Est. payment standardN/A
-Principal and interest-$912
Loan amount$144,241
Down payment$36,060
Rate6.50%
Term30 years
-Operating costs-$518
Property taxes-$180
Insurance-$175
Utilities$0
HOA$0
Management-$163
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,231(72.7% ROI)
Projected value
$194,164
Return breakdown
Property appreciation+$13,863
Loan principal paid down+$5,168
Rental cash flow+$7,200
5-year hold
+$44,909(124.5% ROI)
Projected value
$203,994
Return breakdown
Property appreciation+$23,693
Loan principal paid down+$9,216
Rental cash flow+$12,000
10-year hold
+$96,458(267.5% ROI)
Projected value
$230,800
Return breakdown
Property appreciation+$50,499
Loan principal paid down+$21,959
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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ZIP 03240 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03240 (Grafton, NH) is $1,630 a month. That is down 9.9% from $1,810 in FY 2026. Grafton 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, 03240 has the 23rd-highest two-bedroom rent (county range $1,240–$2,430). The median county two-bedroom FMR in New Hampshire is $1,727, so ZIP 03240 is 6% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03240
BedroomsFY 2027Change90–110% range
Studio$1,240−9.5%$1,116–$1,364
1BR$1,250−9.4%$1,125–$1,375
2BR$1,630−9.9%$1,467–$1,793
3BR$2,220−9.8%$1,998–$2,442
4BR$2,250−9.6%$2,025–$2,475

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03240
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,240$1,250$1,630$2,220$2,250
FY 2026$1,370$1,380$1,810$2,460$2,490
FY 2025$1,040$1,090$1,430$1,900$1,990
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 code2 bedroomvs. 03240
03215$1,590−2.5%
03217$1,540−5.5%
03222$1,710+4.9%
03223$1,760+8.0%
03238$1,530−6.1%
03240Current$1,630—
03241$1,680+3.1%
03243$1,690+3.7%
03245$2,400+47.2%
03251$1,730+6.1%
03262$1,540−5.5%
03264$1,750+7.4%

Questions about ZIP 03240 rents

How much will Section 8 pay for a two-bedroom in ZIP 03240?

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 $1,630 it would be $1,467 to $1,793. 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 03240 in?

ZIP 03240 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 03240 for FY 2027?

The two-bedroom FMR fell 9.9%, from $1,810 in FY 2026 to $1,630 in FY 2027. Since FY 2025 it has risen 14.0%.

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 rentGrafton, NH fair market rentNH statewide rentsWhat is SAFMR?Data sources