FY2027 Small Area FMR · Concord, NH

ZIP 03301 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 03301 (Concord, NH) is $1,870 a month, down 8.3% from FY2026. That is 4% above the Merrimack County, NH area-wide FMR of $1,800.

2-bedroom SAFMR$1,870per month ▼ 8.3%

Area-wide 2 BR FMR$1,800Merrimack County, NH

Rank in the area20thof 42 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,683

2 BR Small Area FMR$1,870

110% of SAFMR$2,057

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

Studio$1,300▼ 7.8%

1 BR$1,430▼ 7.7%

2 BR$1,870▼ 8.3%

3 BR$2,450▼ 8.9%

4 BR$2,460▼ 8.9%

FY2027 FY2026

Where 03301 sits in the Merrimack County, NH area

Of the 42 ZIP codes HUD lists for the area, 03301 has the 20th highest two-bedroom Small Area FMR. Merrimack 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 $1,800 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,870 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	$1,300	$1,170 – $1,430	$1,253	$1,410
1 bedroom	$1,430	$1,287 – $1,573	$1,376	$1,550
2 bedrooms	$1,870	$1,683 – $2,057	$1,800	$2,040
3 bedrooms	$2,450	$2,205 – $2,695	$2,357	$2,690
4 bedrooms	$2,460	$2,214 – $2,706	$2,366	$2,700

A household renting a two-bedroom home at the Small Area FMR of $1,870 needs about $74,800 a year to keep housing costs at 30% of income. The area median family income is $128,600 and the 80% low-income limit for four people is $102,900. ZIP code 03301 lies mainly in Merrimack County. See the Merrimack County, NH county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
03304	Bow	7.3 mi	$2,140
03303	Concord	7.5 mi	$1,930
03229	Contoocook	7.5 mi	$1,780
03258	Chichester	7.6 mi	$2,460
03275	Suncook	8.3 mi	$1,780
03224	Canterbury	8.6 mi	$1,780

Questions

What is the Fair Market Rent for ZIP code 03301?

HUD's FY2027 Small Area Fair Market Rents for 03301 are $1,300 (studio), $1,430 (1 BR), $1,870 (2 BR), $2,450 (3 BR) and $2,460 (4 BR) a month.

What is the Section 8 payment standard in 03301?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 03301 that range is $1,683 to $2,057 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 03301?

The FY2026 income limits of the Merrimack County, NH area apply: median family income $128,600, low-income (80%) limit $102,900 for a family of four.