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Grafton County/Bath/03740

03740

ZIPSAFMR
Grafton County, NH
Zillow

ZIP Investment Score

63Below average

095130300
BRFMR
Eff. Rent
0 BR$1,130$1,130
1 BR$1,170$1,170
2 BR$1,500$1,500
3 BR$2,030$2,030
4 BR$2,050$2,050
5 BR$2,358Not available
6 BR$2,711Not available
7 BR$3,118Not available
8 BR$3,585Not available

Purchase Price Calculator

Maximum purchase price
$160,983

Cost breakdown

+Likely effective rent$1,500
HUD FMRUsed$1,500
Market rentN/A
Est. payment standardN/A
-Principal and interest-$814
Loan amount$128,786
Down payment$32,197
Rate6.50%
Term30 years
-Operating costs-$486
Property taxes-$161
Insurance-$175
Utilities$0
HOA$0
Management-$150
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,192(75.1% ROI)
Projected value
$173,361
Return breakdown
Property appreciation+$12,378
Loan principal paid down+$4,614
Rental cash flow+$7,200
5-year hold
+$41,383(128.5% ROI)
Projected value
$182,137
Return breakdown
Property appreciation+$21,154
Loan principal paid down+$8,228
Rental cash flow+$12,000
10-year hold
+$88,695(275.5% ROI)
Projected value
$206,072
Return breakdown
Property appreciation+$45,089
Loan principal paid down+$19,606
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
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Mortgage rate
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ZIP 03740 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03740 (Bath, NH) is $1,500 a month. That is down 3.8% from $1,560 in FY 2026. Bath 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, 03740 is tied for the 33rd-highest two-bedroom rent (county range $1,240–$2,430). The median county two-bedroom FMR in New Hampshire is $1,727, so ZIP 03740 is 13% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03740
BedroomsFY 2027Change90–110% range
Studio$1,130−5.0%$1,017–$1,243
1BR$1,170−3.3%$1,053–$1,287
2BR$1,500−3.8%$1,350–$1,650
3BR$2,030−3.8%$1,827–$2,233
4BR$2,050−5.1%$1,845–$2,255

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03740
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,130$1,170$1,500$2,030$2,050
FY 2026$1,190$1,210$1,560$2,110$2,160
FY 2025$900$930$1,210$1,610$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. 03740
03740Current$1,500—
03741$1,530+2.0%
03748$1,960+30.7%
03749$1,720+14.7%
03750$2,340+56.0%
03753$1,960+30.7%
03755$2,430+62.0%
03765$1,680+12.0%
03766$2,390+59.3%
03768$1,980+32.0%
03769$1,720+14.7%
03771$1,420−5.3%

Questions about ZIP 03740 rents

How much will Section 8 pay for a two-bedroom in ZIP 03740?

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 $1,500 it would be $1,350 to $1,650. 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 03740 in?

ZIP 03740 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 03740 for FY 2027?

The two-bedroom FMR fell 3.8%, from $1,560 in FY 2026 to $1,500 in FY 2027. Since FY 2025 it has risen 24.0%.

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