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Strafford County/Rochester/03839

03839

ZIPSAFMR
Strafford County, NH
Zillow

ZIP Investment Score

85Below average

095130300
BRFMR
Eff. Rent
0 BR$1,450$1,600
1 BR$1,510$1,660
2 BR$1,980$2,050
3 BR$2,430$2,630
4 BR$2,650$2,750
5 BR$3,047Not available
6 BR$3,505Not available
7 BR$4,030Not available
8 BR$4,635Not available

Purchase Price Calculator

Maximum purchase price
$242,713

Cost breakdown

+Likely effective rent$2,050
HUD FMR$1,980
Market rent$2,090
Est. payment standard (104%)Used$2,050
-Principal and interest-$1,227
Loan amount$194,170
Down payment$48,543
Rate6.50%
Term30 years
-Operating costs-$623
Property taxes-$243
Insurance-$175
Utilities$0
HOA$0
Management-$205
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,819(67.6% ROI)
Projected value
$261,375
Return breakdown
Property appreciation+$18,662
Loan principal paid down+$6,957
Rental cash flow+$7,200
5-year hold
+$56,300(116.0% ROI)
Projected value
$274,607
Return breakdown
Property appreciation+$31,894
Loan principal paid down+$12,406
Rental cash flow+$12,000
10-year hold
+$121,540(250.4% ROI)
Projected value
$310,693
Return breakdown
Property appreciation+$67,980
Loan principal paid down+$29,560
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.85
1 BR
0.81
2 BR
0.95
3 BR
0.89
4 BR
0.95
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 03839 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03839 (Rochester, NH) is $1,980 a month. That is up 4.8% from $1,890 in FY 2026. Rochester is in the Portsmouth-Rochester, 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 $2,093. Among 24 ZIP codes in Strafford County, 03839 is tied for the 10th-highest two-bedroom rent (county range $1,980–$2,490). The median county two-bedroom FMR in New Hampshire is $1,727, so ZIP 03839 is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03839
BedroomsFY 2027Change90–110% range
Studio$1,450+5.1%$1,305–$1,595
1BR$1,510+4.9%$1,359–$1,661
2BR$1,980+4.8%$1,782–$2,178
3BR$2,430+4.7%$2,187–$2,673
4BR$2,650+4.7%$2,385–$2,915

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03839
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,450$1,510$1,980$2,430$2,650
FY 2026$1,380$1,440$1,890$2,320$2,530
FY 2025$1,340$1,430$1,810$2,310$2,700
FY 2024$1,340$1,430$1,810$2,310$2,710
FY 2023$1,050$1,160$1,470$1,910$2,340

Two-bedroom rent in nearby Strafford County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 03839
03820$2,040+3.0%
03821$1,9800.0%
03823$2,100+6.1%
03824$1,9800.0%
03825$2,310+16.7%
03835$1,9800.0%
03839Current$1,980—
03851$1,9800.0%
03852$1,9800.0%
03855$1,9800.0%
03857$2,140+8.1%
03861$1,9800.0%

Questions about ZIP 03839 rents

How much will Section 8 pay for a two-bedroom in ZIP 03839?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,093, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,884 to $2,302 a month; under the ZIP-level Small Area FMR of $1,980 it would be $1,782 to $2,178. 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 03839 in?

ZIP 03839 is in the Portsmouth-Rochester, NH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,093.

How much did fair market rent change in ZIP 03839 for FY 2027?

The two-bedroom FMR rose 4.8%, from $1,890 in FY 2026 to $1,980 in FY 2027. Since FY 2023 it has risen 34.7%.

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