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Merrimack County/Newbury/03255

03255

ZIPSAFMR
Merrimack County, NH
Zillow

ZIP Investment Score

57Below average

095130300
BRFMR
Eff. Rent
0 BR$1,500$1,650
1 BR$1,640$1,800
2 BR$2,150$2,370
3 BR$2,870$2,900
4 BR$3,050$2,990
5 BR$3,507Not available
6 BR$4,034Not available
7 BR$4,639Not available
8 BR$5,334Not available

Purchase Price Calculator

Maximum purchase price
$290,265

Cost breakdown

+Likely effective rent$2,370
HUD FMR$2,150
Market rent$2,880
Est. payment standard (110%)Used$2,370
-Principal and interest-$1,468
Loan amount$232,212
Down payment$58,053
Rate6.50%
Term30 years
-Operating costs-$702
Property taxes-$290
Insurance-$175
Utilities$0
HOA$0
Management-$237
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,838(65.2% ROI)
Projected value
$312,583
Return breakdown
Property appreciation+$22,319
Loan principal paid down+$8,320
Rental cash flow+$7,200
5-year hold
+$64,979(111.9% ROI)
Projected value
$328,408
Return breakdown
Property appreciation+$38,143
Loan principal paid down+$14,836
Rental cash flow+$12,000
10-year hold
+$140,650(242.3% ROI)
Projected value
$371,563
Return breakdown
Property appreciation+$81,299
Loan principal paid down+$35,352
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.69
1 BR
0.71
2 BR
0.75
3 BR
0.99
4 BR
1.02
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 03255 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03255 (Newbury, NH) is $2,150 a month. That is down 4.4% from $2,250 in FY 2026. Newbury is in the Merrimack 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 $1,800. Among 42 ZIP codes in Merrimack County, 03255 has the 7th-highest two-bedroom rent (county range $1,690–$2,460). The median county two-bedroom FMR in New Hampshire is $1,727, so ZIP 03255 is 25% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03255
BedroomsFY 2027Change90–110% range
Studio$1,500−3.8%$1,350–$1,650
1BR$1,640−4.1%$1,476–$1,804
2BR$2,150−4.4%$1,935–$2,365
3BR$2,870−5.0%$2,583–$3,157
4BR$3,050−3.5%$2,745–$3,355

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03255
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,500$1,640$2,150$2,870$3,050
FY 2026$1,560$1,710$2,250$3,020$3,160
FY 2025$1,190$1,300$1,710$2,270$2,350
FY 2024area FMR$972$1,086$1,427$1,877$1,900
FY 2023area FMR$963$1,072$1,411$1,839$1,895

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Merrimack County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 03255
03237$1,780−17.2%
03242$1,780−17.2%
03243$1,690−21.4%
03244$1,810−15.8%
03255Current$2,150—
03257$2,220+3.3%
03258$2,460+14.4%
03260$1,940−9.8%
03261$2,000−7.0%
03263$1,780−17.2%
03268$2,070−3.7%
03272$1,800−16.3%

Questions about ZIP 03255 rents

How much will Section 8 pay for a two-bedroom in ZIP 03255?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,800, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,620 to $1,980 a month; under the ZIP-level Small Area FMR of $2,150 it would be $1,935 to $2,365. 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 03255 in?

ZIP 03255 is in the Merrimack County, NH non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,800.

How much did fair market rent change in ZIP 03255 for FY 2027?

The two-bedroom FMR fell 4.4%, from $2,250 in FY 2026 to $2,150 in FY 2027. Since FY 2025 it has risen 25.7%.

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

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