FY2027 Small Area FMR · Madbury, NH

ZIP 03823 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 03823 (Madbury, NH) is $2,100 a month, down 7.1% from FY2026. That is 0% equal to the Portsmouth-Rochester, NH area-wide FMR of $2,093.

2-bedroom SAFMR$2,100per month ▼ 7.1%

Area-wide 2 BR FMR$2,093Portsmouth-Rochester, NH

Rank in the area22ndof 41 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,890

2 BR Small Area FMR$2,100

110% of SAFMR$2,310

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

Studio$1,490▼ 9.7%

1 BR$1,610▼ 6.9%

2 BR$2,100▼ 7.1%

3 BR$2,500▼ 9.7%

4 BR$2,820▼ 6.9%

FY2027 FY2026

Where 03823 sits in the Portsmouth-Rochester, NH area

Of the 41 ZIP codes HUD lists for the area, 03823 has the 22nd highest two-bedroom Small Area FMR. Portsmouth-Rochester, 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 $2,093 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,100 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	$1,490	$1,341 – $1,639	$1,489	$1,650
1 bedroom	$1,610	$1,449 – $1,771	$1,600	$1,730
2 bedrooms	$2,100	$1,890 – $2,310	$2,093	$2,260
3 bedrooms	$2,500	$2,250 – $2,750	$2,494	$2,770
4 bedrooms	$2,820	$2,538 – $3,102	$2,813	$3,030

A household renting a two-bedroom home at the Small Area FMR of $2,100 needs about $84,000 a year to keep housing costs at 30% of income. The area median family income is $140,900 and the 80% low-income limit for four people is $106,800. ZIP code 03823 lies mainly in Strafford County. See the Portsmouth-Rochester, NH metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
03820	Dover	2.9 mi	$2,040
03824	Durham	4.1 mi	$1,980
03861	Lee	5.1 mi	$1,980
03825	Barrington	5.7 mi	$2,310
03869	Rollinsford	5.9 mi	$2,040
03878	Somersworth	6.1 mi	$1,980

Questions

What is the Fair Market Rent for ZIP code 03823?

HUD's FY2027 Small Area Fair Market Rents for 03823 are $1,490 (studio), $1,610 (1 BR), $2,100 (2 BR), $2,500 (3 BR) and $2,820 (4 BR) a month.

What is the Section 8 payment standard in 03823?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 03823 that range is $1,890 to $2,310 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 03823?

The FY2026 income limits of the Portsmouth-Rochester, NH area apply: median family income $140,900, low-income (80%) limit $106,800 for a family of four.