Housing market/New Hampshire/ZIP 03848

ACS 2023 · FY2027 SAFMR

ZIP 03848 Kingston, 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
6,261
Households
2,692
Median HH income
$103,665
Renter share
20.7%
Median gross rent
$1,382
Vacancy
3.7%
Pop. change
+1.1%
2BR SAFMR
$2,050
SAFMR / rent
1.483×
2–49 unit stock
365
LIHTC proj / units
—
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 03848 · NH — sent to you.

ZIP 03848 · NH

ACS median rent$1,382
2BR SAFMR$2,050
90% floor$1,845
110% ceiling$2,255

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

Housing stock

ACS 2023 units-in-structure · ZCTA 03848

  • 1-unit detached2,04873.2%
  • 1-unit attached31911.4%
  • 2–4 units1093.9%
  • 5–49 units2569.2%
  • Mobile642.3%
TypeUnitsShare
1-unit detached2,04873.2%
1-unit attached31911.4%
2 units (duplex)190.7%
3–4 units903.2%
5–9 units2368.4%
10–19 units200.7%
20–49 units00.0%
50+ units00.0%
Mobile642.3%

2–4 unit share 3.9% · 5–49 unit share 9.2% · combined 2–49 13.1%.

Units by bedrooms

Studio
0
1BR
571
2BR
506
3BR
1,162
4BR
383
5+
174

Rent burden

Rent ≥30% of income39.7%
Rent ≥50% of income39.7%
  • ACS median gross rent $1,382 (all bedrooms, occupied rentals).
  • Median contract rent $1,382.
  • Renters paying ≥30% of income 39.7%; ≥50% 39.7%.
  • FY2027 2BR SAFMR $2,050 (1.483× ACS median gross rent).

Population

6,261 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.1%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 1 properties, 50 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 711 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 03848 20.7% of occupied households are renters; vacancy is 3.7%; ACS median gross rent is $1,382; population increased +1.1% between the 2018 and 2023 ACS vintages; the housing stock includes 109 units in 2–4-unit structures and 256 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,050 versus ACS median gross rent of $1,382. 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 03848 is a Census / HUD profile for Portsmouth-Rochester, NH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

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 03848?

ZIP 03848 (Portsmouth-Rochester, NH HUD Metro FMR Area) has 6,261 residents, 2,692 households, a renter share of 20.7%, median household income of $103,665, and ACS 2023 median gross rent of $1,382. Vacancy is 3.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 03848?

ACS counts 19 units in 2-unit buildings, 90 in 3–4 unit buildings, 236 in 5–9, 20 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 365 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 03848?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,050. See the full schedule and 90–110% payment-standard band on the ZIP 03848 — Kingston, NH HUD Section 8 Payment Standards / SAFMR.

Does this New Hampshire ZIP profile include Georgia listings?

No. ZIP 03848 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.