FY2027 Small Area FMR · North Hampton, NH

ZIP 03862 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 03862 (North Hampton, NH) is $2,510 a month, down 8.4% from FY2026. That is 20% above the Portsmouth-Rochester, NH area-wide FMR of $2,093.

2-bedroom SAFMR$2,510per month ▼ 8.4%

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

Rank in the area10thof 41 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,259

2 BR Small Area FMR$2,510

110% of SAFMR$2,761

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

Studio$1,800▼ 10.0%

1 BR$1,920▼ 8.1%

2 BR$2,510▼ 8.4%

3 BR$3,030▼ 9.8%

4 BR$3,370▼ 8.2%

FY2027 FY2026

Where 03862 sits in the Portsmouth-Rochester, NH area

Of the 41 ZIP codes HUD lists for the area, 03862 has the 10th 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 $2,510 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	$1,800	$1,620 – $1,980	$1,489	$2,000
1 bedroom	$1,920	$1,728 – $2,112	$1,600	$2,090
2 bedrooms	$2,510	$2,259 – $2,761	$2,093	$2,740
3 bedrooms	$3,030	$2,727 – $3,333	$2,494	$3,360
4 bedrooms	$3,370	$3,033 – $3,707	$2,813	$3,670

A household renting a two-bedroom home at the Small Area FMR of $2,510 needs about $100,400 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 03862 lies mainly in Rockingham 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
03871	Rye Beach	2.6 mi	$2,210
03842	Hampton	2.8 mi	$2,240
03870	Rye	4.1 mi	$2,210
03840	Greenland	4.2 mi	$2,760
03885	Stratham	4.4 mi	$2,970
03844	Hampton Falls	4.8 mi	$2,650

Questions

What is the Fair Market Rent for ZIP code 03862?

HUD's FY2027 Small Area Fair Market Rents for 03862 are $1,800 (studio), $1,920 (1 BR), $2,510 (2 BR), $3,030 (3 BR) and $3,370 (4 BR) a month.

What is the Section 8 payment standard in 03862?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 03862 that range is $2,259 to $2,761 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 03862?

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.