Metro FMR area · NH · HUD FY 2027

Manchester, NH Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Manchester, NH area is $2,168 a month, 8% above the New Hampshire average and 23% above the U.S. average of $1,761. ZIP-level Small Area FMRs for its 15 ZIP codes range from $1,920 to $2,940.

$2,1682-bedroom FMR+$131 (+6.4%) vs FY 2026
$1,6571-bedroom FMRU.S.: $1,478
$86,720Income for a 2-bedroomat 30% of income
167,072Residents1 county (towns)

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$2,168/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Manchester, NH FMR	$2,168	$86,720	–
New Hampshire average	$2,010	$80,388	–
U.S. average	$1,761	$70,432	–

Manchester, NH Fair Market Rents, FY 2027 vs FY 2026
Unit	Manchester, NH FY 2027	FY 2026	Change	New Hampshire avg	U.S. avg	Income needed
Studio	$1,510	$1,404	+$106 (+7.5%)	$1,425	$1,379	$60,400
1 bedroom	$1,657	$1,552	+$105 (+6.8%)	$1,556	$1,478	$66,280
2 bedrooms	$2,168	$2,037	+$131 (+6.4%)	$2,010	$1,761	$86,720
3 bedrooms	$2,583	$2,442	+$141 (+5.8%)	$2,534	$2,266	$103,320
4 bedrooms	$2,849	$2,697	+$152 (+5.6%)	$2,762	$2,607	$113,960

Counties in this FMR area

Counties in the Manchester, NH FMR area
County	Residents in area
Hillsborough County, NH	167,072

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $2,180.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Manchester, NH
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
03031	$1,350	$1,560	$1,940	$2,540	$2,750	+$20 (+1.0%)	11% below
03045	$1,520	$1,670	$2,180	$2,600	$2,870	+$40 (+1.9%)	1% above
03054	$1,710	$1,980	$2,460	$3,180	$3,480	+$100 (+4.2%)	13% above
03070	$1,330	$1,510	$1,920	$2,540	$2,790	no change	11% below
03101	$1,890	$2,070	$2,710	$3,230	$3,560	−$30 (−1.1%)	25% above
03102	$1,480	$1,620	$2,120	$2,530	$2,790	+$150 (+7.6%)	2% below
03103	$1,520	$1,530	$2,000	$2,770	$2,780	+$180 (+9.9%)	8% below
03104	$1,520	$1,630	$2,130	$2,770	$2,800	+$110 (+5.4%)	2% below
03105	$1,560	$1,710	$2,240	$2,670	$2,940	+$110 (+5.2%)	3% above
03108	$1,560	$1,710	$2,240	$2,670	$2,940	+$110 (+5.2%)	3% above
03109	$1,710	$1,880	$2,460	$2,930	$3,230	+$160 (+7.0%)	13% above
03110	$2,050	$2,250	$2,940	$3,500	$3,860	+$60 (+2.1%)	36% above
03111	$1,560	$1,710	$2,240	$2,670	$2,940	+$110 (+5.2%)	3% above
03281	$1,490	$1,640	$2,140	$2,550	$2,810	+$60 (+2.9%)	1% below
03304	$1,470	$1,630	$2,140	$2,820	$2,830	−$230 (−9.7%)	1% below

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.