JeffCroweCRE

Housing market/New Hampshire/ZIP 03835

ACS 2023 · FY2027 SAFMR

ZIP 03835 Farmington, New Hampshire

Portsmouth-Rochester, NH HUD Metro FMR Area · New Hampshire. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
6,800
Households
2,873
Median HH income
$63,704
Renter share
24.6%
Median gross rent
$963
Vacancy
4.0%
Pop. change
-1.2%
2BR SAFMR
$1,980
SAFMR / rent
2.056×
2–49 unit stock
655
LIHTC proj / units
3 / 77
HUD assisted MF
2 / 35

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 03835 · NH — sent to you.

ZIP 03835 · NH

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ACS rent vs 2BR SAFMR

ZIP 03835 — Farmington, NH HUD Section 8 Payment Standards / SAFMR →
ACS median rent$963
2BR SAFMR$1,980
90% floor$1,782
110% ceiling$2,178

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 03835

  • 1-unit detached1,99466.6%
  • 1-unit attached331.1%
  • 2–4 units2357.8%
  • 5–49 units42014.0%
  • Mobile31210.4%
TypeUnitsShare
1-unit detached1,99466.6%
1-unit attached331.1%
2 units (duplex)1645.5%
3–4 units712.4%
5–9 units2578.6%
10–19 units752.5%
20–49 units882.9%
50+ units00.0%
Mobile31210.4%

2–4 unit share 7.8% · 5–49 unit share 14.0% · combined 2–49 21.9%.

Units by bedrooms

Studio
143
1BR
390
2BR
878
3BR
1,030
4BR
502
5+
51

Rent burden

Rent ≥30% of income43.4%
Rent ≥50% of income26.7%
  • ACS median gross rent $963 (all bedrooms, occupied rentals).
  • Median contract rent $863.
  • Renters paying ≥30% of income 43.4%; ≥50% 26.7%.
  • FY2027 2BR SAFMR $1,980 (2.056× ACS median gross rent).

Population

6,800 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 77 units.
  • HUD project-based assisted MF: 2 properties, 35 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 166 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 03835 24.6% of occupied households are renters; vacancy is 4.0%; ACS median gross rent is $963; population changed -1.2% between the 2018 and 2023 ACS vintages; the housing stock includes 235 units in 2–4-unit structures and 420 units in 5–49-unit structures; 3 LIHTC projects totaling 77 units; FY2027 2BR SAFMR is $1,980 versus ACS median gross rent of $963. 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 03835 is a Census / HUD profile for Portsmouth-Rochester, NH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 03835 — Farmington, NH HUD Section 8 Payment Standards / SAFMR·New Hampshire ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
03042Portsmouth-Rochester, NH HUD Metro FMR Area14.6%$2,019$2,49003044Portsmouth-Rochester, NH HUD Metro FMR Area8.0%$2,618$3,15003290Portsmouth-Rochester, NH HUD Metro FMR Area6.4%$2,022$2,14003801Portsmouth-Rochester, NH HUD Metro FMR Area46.9%$1,783$2,43003802Portsmouth-Rochester, NH HUD Metro FMR Area——$2,17003815Portsmouth-Rochester, NH HUD Metro FMR Area——$1,98003820Portsmouth-Rochester, NH HUD Metro FMR Area48.6%$1,540$2,04003821Portsmouth-Rochester, NH HUD Metro FMR Area——$1,98003823Portsmouth-Rochester, NH HUD Metro FMR Area19.6%$1,549$2,10003824Portsmouth-Rochester, NH HUD Metro FMR Area34.8%$1,432$1,98003825Portsmouth-Rochester, NH HUD Metro FMR Area9.7%$1,737$2,31003827Portsmouth-Rochester, NH HUD Metro FMR Area5.7%$1,516$2,650

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 03835?

ZIP 03835 (Portsmouth-Rochester, NH HUD Metro FMR Area) has 6,800 residents, 2,873 households, a renter share of 24.6%, median household income of $63,704, and ACS 2023 median gross rent of $963. Vacancy is 4.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 03835?

ACS counts 164 units in 2-unit buildings, 71 in 3–4 unit buildings, 257 in 5–9, 75 in 10–19, and 88 in 20–49. Combined 2–49 unit stock is 655 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 03835?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,980. See the full schedule and 90–110% payment-standard band on the ZIP 03835 — Farmington, NH HUD Section 8 Payment Standards / SAFMR.

Does this New Hampshire ZIP profile include Georgia listings?

No. ZIP 03835 is Census / HUD research for Portsmouth-Rochester, NH HUD Metro FMR Area. 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.