FMR is below market; voucher rent may lag private rents.
0.53
1 BR
1 BR
0.56ratio
FMR$1,220
Market$2,180
vs market-$960
FMR is below market; voucher rent may lag private rents.
0.56
2 BR
2 BR
0.66ratio
FMR$1,570
Market$2,380
vs market-$810
FMR is below market; voucher rent may lag private rents.
0.66
3 BR
3 BR
0.88ratio
FMR$2,170
Market$2,480
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR
0.98ratio
FMR$2,560
Market$2,610
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 03896 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03896 (Wolfeboro Falls, NH) is $1,570 a month. That is down 8.2% from $1,710 in FY 2026. Wolfeboro Falls is in the Carroll 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 $1,566. Among 33 ZIP codes in Carroll County, 03896 is tied for the 18th-highest two-bedroom rent (county range $1,540–$2,350). The median county two-bedroom FMR in New Hampshire is $1,727, so ZIP 03896 is 9% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 03896
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,190
$1,110
−6.7%
$999–$1,221
1BR
$1,340
$1,220
−9.0%
$1,098–$1,342
2BR
$1,710
$1,570
−8.2%
$1,413–$1,727
3BR
$2,350
$2,170
−7.7%
$1,953–$2,387
4BR
$2,840
$2,560
−9.9%
$2,304–$2,816
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 03896
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,110
$1,220
$1,570
$2,170
$2,560
FY 2026
$1,190
$1,340
$1,710
$2,350
$2,840
FY 2025
$980
$1,130
$1,400
$1,880
$2,340
FY 2024area FMR
$866
$1,009
$1,241
$1,664
$2,097
FY 2023area FMR
$802
$983
$1,199
$1,590
$1,966
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Carroll County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 03896?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,566, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,409 to $1,723 a month; under the ZIP-level Small Area FMR of $1,570 it would be $1,413 to $1,727. 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 03896 in?
ZIP 03896 is in the Carroll County, NH non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,566.
How much did fair market rent change in ZIP 03896 for FY 2027?
The two-bedroom FMR fell 8.2%, from $1,710 in FY 2026 to $1,570 in FY 2027. Since FY 2025 it has risen 12.1%.
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