FY2027 Small Area FMR · Waterville Valley, NH

ZIP 03215 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 03215 (Waterville Valley, NH) is $1,590 a month, down 9.1% from FY2026. That is 8% below the Grafton County, NH area-wide FMR of $1,719.

2-bedroom SAFMR$1,590per month ▼ 9.1%

Area-wide 2 BR FMR$1,719Grafton County, NH

Rank in the area24thof 41 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,431

2 BR Small Area FMR$1,590

110% of SAFMR$1,749

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

Studio$1,200▼ 8.4%

1 BR$1,220▼ 9.0%

2 BR$1,590▼ 9.1%

3 BR$2,170▼ 8.8%

4 BR$2,220▼ 9.8%

FY2027 FY2026

Where 03215 sits in the Grafton County, NH area

Of the 41 ZIP codes HUD lists for the area, 03215 has the 24th highest two-bedroom Small Area FMR. Grafton County, 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 $1,719 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,590 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	$1,200	$1,080 – $1,320	$1,301	$1,310
1 bedroom	$1,220	$1,098 – $1,342	$1,310	$1,340
2 bedrooms	$1,590	$1,431 – $1,749	$1,719	$1,750
3 bedrooms	$2,170	$1,953 – $2,387	$2,331	$2,380
4 bedrooms	$2,220	$1,998 – $2,442	$2,367	$2,460

A household renting a two-bedroom home at the Small Area FMR of $1,590 needs about $63,600 a year to keep housing costs at 30% of income. The area median family income is $112,000 and the 80% low-income limit for four people is $94,100. ZIP code 03215 lies mainly in Grafton County. See the Grafton County, NH county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
03259	North Sandwich	5.3 mi	$2,040
03897	Wonalancet	5.4 mi	$1,540
03227	Center Sandwich	7.2 mi	$2,350
03818	Conway	8.7 mi	$1,540
03886	Tamworth	9.3 mi	$1,540
03285	Thornton	9.3 mi	$1,740

Questions

What is the Fair Market Rent for ZIP code 03215?

HUD's FY2027 Small Area Fair Market Rents for 03215 are $1,200 (studio), $1,220 (1 BR), $1,590 (2 BR), $2,170 (3 BR) and $2,220 (4 BR) a month.

What is the Section 8 payment standard in 03215?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 03215 that range is $1,431 to $1,749 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 03215?

The FY2026 income limits of the Grafton County, NH area apply: median family income $112,000, low-income (80%) limit $94,100 for a family of four.