FMR is below market; voucher rent may lag private rents.
0.90
1 BR
1 BR
0.74ratio
FMR$1,330
Market$1,790
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR
0.78ratio
FMR$1,740
Market$2,230
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.78
3 BR
3 BR
0.93ratio
FMR$2,270
Market$2,440
vs market-$170
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR
0.95ratio
FMR$2,310
Market$2,430
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.95
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 03469 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03469 (West Swanzey, NH) is $1,740 a month. That is down 9.8% from $1,930 in FY 2026. West Swanzey is in the Cheshire 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 $1,734. Among 28 ZIP codes in Cheshire County, 03469 is tied for the 12th-highest two-bedroom rent (county range $1,740–$2,260).
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 03469
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,330
$1,200
−9.8%
$1,080–$1,320
1BR
$1,470
$1,330
−9.5%
$1,197–$1,463
2BR
$1,930
$1,740
−9.8%
$1,566–$1,914
3BR
$2,520
$2,270
−9.9%
$2,043–$2,497
4BR
$2,560
$2,310
−9.8%
$2,079–$2,541
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 03469
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,200
$1,330
$1,740
$2,270
$2,310
FY 2026
$1,330
$1,470
$1,930
$2,520
$2,560
FY 2025
$1,060
$1,180
$1,550
$2,020
$2,060
FY 2024area FMR
$945
$1,061
$1,394
$1,833
$1,888
FY 2023area FMR
$946
$1,011
$1,331
$1,860
$1,954
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Cheshire County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 03469?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,734, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,561 to $1,907 a month; under the ZIP-level Small Area FMR of $1,740 it would be $1,566 to $1,914. 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 03469 in?
ZIP 03469 is in the Cheshire County, NH non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,734.
How much did fair market rent change in ZIP 03469 for FY 2027?
The two-bedroom FMR fell 9.8%, from $1,930 in FY 2026 to $1,740 in FY 2027. Since FY 2025 it has risen 12.3%.
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