FY2027 Small Area FMR · Milan, NH

ZIP 03588 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 03588 (Milan, NH) is $1,340 a month, down 9.5% from FY2026. That is 12% above the Coos County, NH area-wide FMR of $1,195.

2-bedroom SAFMR$1,340per month ▼ 9.5%

Area-wide 2 BR FMR$1,195Coos County, NH

Rank in the area6thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,206

2 BR Small Area FMR$1,340

110% of SAFMR$1,474

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

Studio$1,030▼ 9.6%

1 BR$1,030▼ 9.6%

2 BR$1,340▼ 9.5%

3 BR$1,770▼ 9.7%

4 BR$1,770▼ 9.7%

FY2027 FY2026

Where 03588 sits in the Coos County, NH area

Of the 17 ZIP codes HUD lists for the area, 03588 has the 6th highest two-bedroom Small Area FMR. Coos 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 $1,195 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,340 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	$1,030	$927 – $1,133	$940	$1,140
1 bedroom	$1,030	$927 – $1,133	$946	$1,140
2 bedrooms	$1,340	$1,206 – $1,474	$1,195	$1,480
3 bedrooms	$1,770	$1,593 – $1,947	$1,587	$1,960
4 bedrooms	$1,770	$1,593 – $1,947	$1,593	$1,960

A household renting a two-bedroom home at the Small Area FMR of $1,340 needs about $53,600 a year to keep housing costs at 30% of income. The area median family income is $87,700 and the 80% low-income limit for four people is $94,100. ZIP code 03588 lies mainly in Coos County. See the Coos County, NH county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
03570	Berlin	8.6 mi	$1,170
03597	West Stewartstown	11.8 mi	$1,430
03582	Groveton	12.1 mi	$1,260
04261	Newry	12.9 mi	$1,520
03590	North Stratford	16.8 mi	$1,260
04216	Andover	18.4 mi	$1,170

Questions

What is the Fair Market Rent for ZIP code 03588?

HUD's FY2027 Small Area Fair Market Rents for 03588 are $1,030 (studio), $1,030 (1 BR), $1,340 (2 BR), $1,770 (3 BR) and $1,770 (4 BR) a month.

What is the Section 8 payment standard in 03588?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 03588 that range is $1,206 to $1,474 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 03588?

The FY2026 income limits of the Coos County, NH area apply: median family income $87,700, low-income (80%) limit $94,100 for a family of four.