FY2027 Small Area FMR · North Conway, NH

ZIP 03860 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 03860 (North Conway, NH) is $1,540 a month, up 1.3% from FY2026. That is 2% below the Carroll County, NH area-wide FMR of $1,566.

2-bedroom SAFMR$1,540per month ▲ 1.3%

Area-wide 2 BR FMR$1,566Carroll County, NH

Rank in the area21stof 33 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,386

2 BR Small Area FMR$1,540

110% of SAFMR$1,694

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

Studio$1,080▲ 1.9%

1 BR$1,210▲ 1.7%

2 BR$1,540▲ 1.3%

3 BR$2,120▲ 1.4%

4 BR$2,560▲ 1.6%

FY2027 FY2026

Where 03860 sits in the Carroll County, NH area

Of the 33 ZIP codes HUD lists for the area, 03860 has the 21st highest two-bedroom Small Area FMR. Carroll 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 $1,566 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,540 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	$1,080	$972 – $1,188	$1,103	$1,060
1 bedroom	$1,210	$1,089 – $1,331	$1,212	$1,190
2 bedrooms	$1,540	$1,386 – $1,694	$1,566	$1,520
3 bedrooms	$2,120	$1,908 – $2,332	$2,168	$2,090
4 bedrooms	$2,560	$2,304 – $2,816	$2,551	$2,520

A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 a year to keep housing costs at 30% of income. The area median family income is $108,800 and the 80% low-income limit for four people is $94,100. ZIP code 03860 lies mainly in Carroll County. See the Carroll County, NH county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
03847	Kearsarge	2.5 mi	$1,540
03845	Intervale	4.8 mi	$1,910
03813	Center Conway	6.9 mi	$1,770
03838	Glen	7.4 mi	$1,860
03849	Madison	9.2 mi	$1,670
03818	Conway	9.4 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 03860?

HUD's FY2027 Small Area Fair Market Rents for 03860 are $1,080 (studio), $1,210 (1 BR), $1,540 (2 BR), $2,120 (3 BR) and $2,560 (4 BR) a month.

What is the Section 8 payment standard in 03860?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 03860 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 03860?

The FY2026 income limits of the Carroll County, NH area apply: median family income $108,800, low-income (80%) limit $94,100 for a family of four.