Housing market/New Hampshire/ZIP 03235
ZIP 03235 Franklin, Merrimack County, New Hampshire
Merrimack County, NH · New Hampshire. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 03235 · NH — sent to you.
ZIP 03235 · NH
ACS rent vs 2BR SAFMR
ZIP 03235 — Franklin, NH HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 03235
- 1-unit detached2,24055.7%
- 1-unit attached611.5%
- 2–4 units1,08527.0%
- 5–49 units46311.5%
- 50+ units380.9%
- Mobile1343.3%
2–4 unit share 27.0% · 5–49 unit share 11.5% · combined 2–49 38.5%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,088 (all bedrooms, occupied rentals).
- Median contract rent $943.
- Renters paying ≥30% of income 39.4%; ≥50% 9.9%.
- FY2027 2BR SAFMR $1,780 (1.636× ACS median gross rent).
Population
8,843 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +1.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 3 projects, 81 units.
- HUD project-based assisted MF: 5 properties, 191 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 03235 37.4% of occupied households are renters; vacancy is 9.9%; ACS median gross rent is $1,088; population increased +1.7% between the 2018 and 2023 ACS vintages; the housing stock includes 1,085 units in 2–4-unit structures and 463 units in 5–49-unit structures; 3 LIHTC projects totaling 81 units; FY2027 2BR SAFMR is $1,780 versus ACS median gross rent of $1,088. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
New Hampshire research
ZIP 03235 is a Census / HUD profile for Merrimack County, NH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 03235 — Franklin, NH HUD Section 8 Payment Standards / SAFMR·New Hampshire ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New Hampshire research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 03235?
ZIP 03235 (Merrimack County, NH) has 8,843 residents, 3,623 households, a renter share of 37.4%, median household income of $69,921, and ACS 2023 median gross rent of $1,088. Vacancy is 9.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 03235?
ACS counts 615 units in 2-unit buildings, 470 in 3–4 unit buildings, 255 in 5–9, 146 in 10–19, and 62 in 20–49. Combined 2–49 unit stock is 1,548 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 03235?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,780. See the full schedule and 90–110% payment-standard band on the ZIP 03235 — Franklin, NH HUD Section 8 Payment Standards / SAFMR.
Does this New Hampshire ZIP profile include Georgia listings?
No. ZIP 03235 is Census / HUD research for Merrimack County, NH. Jeff Crowe CRE does not list New Hampshire property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.