Skip to main content
Loading page
Rockingham County/Portsmouth/03801

03801

ZIPSAFMR
Rockingham County, NH
Zillow

ZIP Investment Score

49Below average

095130300
BRFMR
Eff. Rent
0 BR$1,730$1,900
1 BR$1,860$2,050
2 BR$2,430$2,670
3 BR$2,900$3,190
4 BR$3,270$3,600
5 BR$3,760Not available
6 BR$4,325Not available
7 BR$4,973Not available
8 BR$5,719Not available

Purchase Price Calculator

Maximum purchase price
$334,844

Cost breakdown

+Likely effective rent$2,670
HUD FMR$2,430
Market rent$3,110
Est. payment standard (110%)Used$2,670
-Principal and interest-$1,693
Loan amount$267,876
Down payment$66,969
Rate6.50%
Term30 years
-Operating costs-$777
Property taxes-$335
Insurance-$175
Utilities$0
HOA$0
Management-$267
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$42,544(63.5% ROI)
Projected value
$360,591
Return breakdown
Property appreciation+$25,746
Loan principal paid down+$9,597
Rental cash flow+$7,200
5-year hold
+$73,116(109.2% ROI)
Projected value
$378,846
Return breakdown
Property appreciation+$44,001
Loan principal paid down+$17,115
Rental cash flow+$12,000
10-year hold
+$158,566(236.8% ROI)
Projected value
$428,629
Return breakdown
Property appreciation+$93,785
Loan principal paid down+$40,781
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.84
1 BR
0.74
2 BR
0.78
3 BR
0.82
4 BR
0.75
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 03801 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03801 (Portsmouth, NH) is $2,430 a month. That is down 3.6% from $2,520 in FY 2026. Portsmouth is in the Lawrence, MA-NH HUD Metro 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 metro-wide two-bedroom FMR of $2,367. Among 48 ZIP codes in Rockingham County, 03801 has the 17th-highest two-bedroom rent (county range $1,980–$3,550). The median county two-bedroom FMR in New Hampshire is $1,727, so ZIP 03801 is 41% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03801
BedroomsFY 2027Change90–110% range
Studio$1,730−6.0%$1,557–$1,903
1BR$1,860−3.6%$1,674–$2,046
2BR$2,430−3.6%$2,187–$2,673
3BR$2,900−6.1%$2,610–$3,190
4BR$3,270−3.3%$2,943–$3,597

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03801
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,730$1,860$2,430$2,900$3,270
FY 2026$1,840$1,930$2,520$3,090$3,380
FY 2025$1,620$1,660$2,150$2,660$3,100
FY 2024$1,700$1,820$2,300$2,940$3,440
FY 2023$1,290$1,430$1,820$2,370$2,900

Two-bedroom rent in nearby Rockingham County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 03801
03801Current$2,430—
03802$2,170−10.7%
03804$2,000−17.7%
03811$2,050−15.6%
03819$2,310−4.9%
03824$1,980−18.5%
03825$2,310−4.9%
03826$2,050−15.6%
03827$2,650+9.1%
03833$2,650+9.1%
03840$2,760+13.6%
03841$2,050−15.6%

Questions about ZIP 03801 rents

How much will Section 8 pay for a two-bedroom in ZIP 03801?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,367, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,130 to $2,604 a month; under the ZIP-level Small Area FMR of $2,430 it would be $2,187 to $2,673. 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 03801 in?

ZIP 03801 is in the Lawrence, MA-NH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,367.

How much did fair market rent change in ZIP 03801 for FY 2027?

The two-bedroom FMR fell 3.6%, from $2,520 in FY 2026 to $2,430 in FY 2027. Since FY 2023 it has risen 33.5%.

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