The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

New Boston, NH 03070's Section 8 Fair Market Rent

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in the 03070 zip code area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $1,008 to a high of $1,232, with an average of $1,120.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,107, a maximum of $1,353, and an average of $1,230.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,458, peaking at a maximum of $1,782, and averaging at $1,620.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,872, a maximum of $2,288, and an average of $2,080.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,016 to a maximum of $2,464, with an average of $2,240.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year City, State, Zipcode HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 New Boston, NH 3070 Low Rent (90%) $1,008 $1,107 $1,458 $1,872 $2,016
Average Rent $1,120 $1,230 $1,620 $2,080 $2,240
High Rent(110%) $1,232 $1,353 $1,782 $2,288 $2,464
2024 New Boston, NH 3070 Low Rent (90%) $1,008 $1,107 $1,458 $1,872 $2,016
Average Rent $1,120 $1,230 $1,620 $2,080 $2,240
High Rent (110%) $1,232 $1,353 $1,782 $2,288 $2,464
2024 New Boston, NH 3070 Low Rent (90%) $1,008 $1,107 $1,458 $1,872 $2,016
Average Rent $1,120 $1,230 $1,620 $2,080 $2,240
High Rent(110%) $1,232 $1,353 $1,782 $2,288 $2,464
2023 New Boston, NH 3070 Low Rent (90%) $1,008 $1,017 $1,341 $1,710 $1,998
Average Rent $1,120 $1,130 $1,490 $1,900 $2,220
High Rent (110%) $1,232 $1,243 $1,639 $2,090 $2,442
2022 New Boston, NH 3070 Low Rent (90%) $963 $972 $1,278 $1,620 $2,025
Average Rent $1,070 $1,080 $1,420 $1,800 $2,250
High Rent(110%) $1,177 $1,188 $1,562 $1,980 $2,475
2021 New Boston, NH 3070 Low Rent (90%) $855 $981 $1,296 $1,683 $2,241
Average Rent $950 $1,090 $1,440 $1,870 $2,490
High Rent (110%) $1,045 $1,199 $1,584 $2,057 $2,739
2020 New Boston, NH 3070 Low Rent (90%) $792 $972 $1,215 $1,629 $2,088
Average Rent $880 $1,080 $1,350 $1,810 $2,320
High Rent(110%) $968 $1,188 $1,485 $1,991 $2,552
2019 New Boston, NH 3070 Low Rent (90%) $783 $990 $1,215 $1,611 $2,124
Average Rent $870 $1,100 $1,350 $1,790 $2,360
High Rent (110%) $957 $1,210 $1,485 $1,969 $2,596


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