FY2027 Small Area FMR · Stratham, NH

ZIP 03885 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 03885 (Stratham, NH) is $2,970 a month, down 1.0% from FY2026. That is 42% above the Portsmouth-Rochester, NH area-wide FMR of $2,093.

2-bedroom SAFMR$2,970per month ▼ 1.0%

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

Rank in the area2ndof 41 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,673

2 BR Small Area FMR$2,970

110% of SAFMR$3,267

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

Studio$2,110▼ 3.7%

1 BR$2,270▼ 0.9%

2 BR$2,970▼ 1.0%

3 BR$3,540▼ 3.8%

4 BR$3,990▼ 0.7%

FY2027 FY2026

Where 03885 sits in the Portsmouth-Rochester, NH area

Of the 41 ZIP codes HUD lists for the area, 03885 has the 2nd 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 $2,970 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	$2,110	$1,899 – $2,321	$1,489	$2,190
1 bedroom	$2,270	$2,043 – $2,497	$1,600	$2,290
2 bedrooms	$2,970	$2,673 – $3,267	$2,093	$3,000
3 bedrooms	$3,540	$3,186 – $3,894	$2,494	$3,680
4 bedrooms	$3,990	$3,591 – $4,389	$2,813	$4,020

A household renting a two-bedroom home at the Small Area FMR of $2,970 needs about $118,800 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 03885 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
03840	Greenland	3.3 mi	$2,760
03856	Newfields	3.7 mi	$2,570
03862	North Hampton	4.4 mi	$2,510
03857	Newmarket	4.5 mi	$2,140
03833	Exeter	4.6 mi	$2,650
03842	Hampton	6.2 mi	$2,240

Questions

What is the Fair Market Rent for ZIP code 03885?

HUD's FY2027 Small Area Fair Market Rents for 03885 are $2,110 (studio), $2,270 (1 BR), $2,970 (2 BR), $3,540 (3 BR) and $3,990 (4 BR) a month.

What is the Section 8 payment standard in 03885?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 03885 that range is $2,673 to $3,267 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 03885?

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.