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03756

ZIPFMR
Grafton County, NH
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,301$1,301
1 BR$1,310$1,310
2 BR$1,719$1,719
3 BR$2,331$2,331
4 BR$2,367$2,367
5 BR$2,722Not available
6 BR$3,130Not available
7 BR$3,600Not available
8 BR$4,140Not available

Purchase Price Calculator

Maximum purchase price
$193,526

Cost breakdown

+Likely effective rent$1,719
HUD FMRUsed$1,719
Market rentN/A
Est. payment standardN/A
-Principal and interest-$979
Loan amount$154,821
Down payment$38,705
Rate6.50%
Term30 years
-Operating costs-$540
Property taxes-$194
Insurance-$175
Utilities$0
HOA$0
Management-$172
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,627(71.4% ROI)
Projected value
$208,407
Return breakdown
Property appreciation+$14,880
Loan principal paid down+$5,547
Rental cash flow+$7,200
5-year hold
+$47,322(122.3% ROI)
Projected value
$218,957
Return breakdown
Property appreciation+$25,431
Loan principal paid down+$9,892
Rental cash flow+$12,000
10-year hold
+$101,773(262.9% ROI)
Projected value
$247,730
Return breakdown
Property appreciation+$54,204
Loan principal paid down+$23,570
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 03756 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 03756 (Lebanon, NH) is $1,719 a month. That is down 10.0% from $1,909 in FY 2026. Lebanon is in the Grafton County, NH non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03756
BedroomsFY 2027Change90–110% range
Studio$1,301−10.0%$1,171–$1,431
1BR$1,310−10.0%$1,179–$1,441
2BR$1,719−10.0%$1,547–$1,891
3BR$2,331−10.0%$2,098–$2,564
4BR$2,367−10.0%$2,130–$2,604

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03756
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,301$1,310$1,719$2,331$2,367
FY 2026$1,445$1,455$1,909$2,590$2,630
FY 2025$1,104$1,156$1,516$2,019$2,109
FY 2024$891$1,001$1,315$1,708$1,940
FY 2023$898$1,020$1,343$1,714$2,057

Questions about ZIP 03756 rents

How much will Section 8 pay for a two-bedroom in ZIP 03756?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,719, that basic range is $1,547 to $1,891 a month. 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 03756 in?

ZIP 03756 is in the Grafton County, NH non-metropolitan FMR area.

How much did fair market rent change in ZIP 03756 for FY 2027?

The two-bedroom FMR fell 10.0%, from $1,909 in FY 2026 to $1,719 in FY 2027. Since FY 2023 it has risen 28.0%.

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 Fair Market Rents. 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