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Grafton County/Lisbon/03585

03585

ZIPSAFMR
Grafton County, NH
Zillow

ZIP Investment Score

75Below average

095130300
BRFMR
Eff. Rent
0 BR$1,180$1,180
1 BR$1,190$1,190
2 BR$1,560$1,560
3 BR$2,120$2,120
4 BR$2,130$2,130
5 BR$2,450Not available
6 BR$2,817Not available
7 BR$3,239Not available
8 BR$3,725Not available

Purchase Price Calculator

Maximum purchase price
$169,899

Cost breakdown

+Likely effective rent$1,560
HUD FMRUsed$1,560
Market rentN/A
Est. payment standardN/A
-Principal and interest-$859
Loan amount$135,919
Down payment$33,980
Rate6.50%
Term30 years
-Operating costs-$501
Property taxes-$170
Insurance-$175
Utilities$0
HOA$0
Management-$156
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,133(74.0% ROI)
Projected value
$182,962
Return breakdown
Property appreciation+$13,064
Loan principal paid down+$4,870
Rental cash flow+$7,200
5-year hold
+$43,010(126.6% ROI)
Projected value
$192,225
Return breakdown
Property appreciation+$22,326
Loan principal paid down+$8,684
Rental cash flow+$12,000
10-year hold
+$92,278(271.6% ROI)
Projected value
$217,485
Return breakdown
Property appreciation+$47,586
Loan principal paid down+$20,692
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 03585 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03585 (Lisbon, NH) is $1,560 a month. That is down 2.5% from $1,600 in FY 2026. Lisbon 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, 03585 has the 26th-highest two-bedroom rent (county range $1,240–$2,430). The median county two-bedroom FMR in New Hampshire is $1,727, so ZIP 03585 is 10% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03585
BedroomsFY 2027Change90–110% range
Studio$1,180−2.5%$1,062–$1,298
1BR$1,190−2.5%$1,071–$1,309
2BR$1,560−2.5%$1,404–$1,716
3BR$2,120−2.3%$1,908–$2,332
4BR$2,130−3.2%$1,917–$2,343

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03585
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,180$1,190$1,560$2,120$2,130
FY 2026$1,210$1,220$1,600$2,170$2,200
FY 2025$860$910$1,190$1,570$1,750
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. 03585
03561$1,240−20.5%
03574$1,430−8.3%
03580$1,450−7.1%
03585Current$1,560—
03586$1,450−7.1%
03598$1,290−17.3%
03740$1,500−3.8%
03741$1,530−1.9%
03748$1,960+25.6%
03749$1,720+10.3%
03750$2,340+50.0%
03753$1,960+25.6%

Questions about ZIP 03585 rents

How much will Section 8 pay for a two-bedroom in ZIP 03585?

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 $1,560 it would be $1,404 to $1,716. 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 03585 in?

ZIP 03585 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 03585 for FY 2027?

The two-bedroom FMR fell 2.5%, from $1,600 in FY 2026 to $1,560 in FY 2027. Since FY 2025 it has risen 31.1%.

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