FY2027 Small Area FMR · Manchester, NH

ZIP 03111 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 03111 (Manchester, NH) is $2,240 a month, up 5.2% from FY2026. That is 3% above the Manchester, NH area-wide FMR of $2,168.

2-bedroom SAFMR$2,240per month ▲ 5.2%

Area-wide 2 BR FMR$2,168Manchester, NH

Rank in the area5thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,016

2 BR Small Area FMR$2,240

110% of SAFMR$2,464

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,560▲ 6.1%

1 BR$1,710▲ 5.6%

2 BR$2,240▲ 5.2%

3 BR$2,670▲ 4.7%

4 BR$2,940▲ 4.3%

FY2027 FY2026

Where 03111 sits in the Manchester, NH area

Of the 15 ZIP codes HUD lists for the area, 03111 has the 5th highest two-bedroom Small Area FMR. Manchester, NH is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,168 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,240 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,560	$1,404 – $1,716	$1,510	$1,470
1 bedroom	$1,710	$1,539 – $1,881	$1,657	$1,620
2 bedrooms	$2,240	$2,016 – $2,464	$2,168	$2,130
3 bedrooms	$2,670	$2,403 – $2,937	$2,583	$2,550
4 bedrooms	$2,940	$2,646 – $3,234	$2,849	$2,820

A household renting a two-bedroom home at the Small Area FMR of $2,240 needs about $89,600 a year to keep housing costs at 30% of income. The area median family income is $125,600 and the 80% low-income limit for four people is $100,500. ZIP code 03111 lies mainly in Hillsborough County. See the Manchester, NH county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
03101	Manchester	0.7 mi	$2,710
03104	Manchester	1.2 mi	$2,130
03102	Manchester	2.1 mi	$2,120
03103	Manchester	3.1 mi	$2,000
03109	Manchester	3.5 mi	$2,460
03032	Auburn	4.5 mi	$2,770

Questions

What is the Fair Market Rent for ZIP code 03111?

HUD's FY2027 Small Area Fair Market Rents for 03111 are $1,560 (studio), $1,710 (1 BR), $2,240 (2 BR), $2,670 (3 BR) and $2,940 (4 BR) a month.

What is the Section 8 payment standard in 03111?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 03111 that range is $2,016 to $2,464 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 03111?

The FY2026 income limits of the Manchester, NH area apply: median family income $125,600, low-income (80%) limit $100,500 for a family of four.