GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In New Hampshire

The average rent in New Hampshire is around $1,400 per month.

Last Updated: June 23, 2024

How we write

In this post, we will explore the average rent in New Hampshire based on a variety of statistics and data points. From median gross rent to specific city averages and rent growth trends, we aim to provide a comprehensive overview of the rental landscape in the state. Let’s dive into the numbers to understand the current rental market in New Hampshire.

Statistic 1

"The vacancy rate for rental properties in New Hampshire is 2.5%."

Statistic 2

"The median gross rent in New Hampshire is $1,250 as of the latest census."

Statistic 3

"Rental prices in New Hampshire are higher than the national average by about 10%."

Statistic 4

"The average rent in Concord, NH, for a one-bedroom apartment is $1,100."

Statistic 5

"45% of rented households in New Hampshire spend more than 30% of their income on rent."

Statistic 6

"In Manchester, NH, the average rent for a one-bedroom apartment is $1,200 per month."

Statistic 7

"New Hampshire's average rent growth over the past 5 years is about 10%."

Statistic 8

"The average rent for a three-bedroom apartment in New Hampshire is approximately $1,700."

Statistic 9

"The average rent for a two-bedroom apartment in New Hampshire is around $1,476 per month as of 2021."

Statistic 10

"The average utility cost included in New Hampshire’s rent pricing is approximately $150 per month."

Statistic 11

"In 2021, the average rent for a one-bedroom apartment in New Hampshire was approximately $1,223 per month."

Statistic 12

"In Hanover, NH, the average rent for a one-bedroom apartment is $1,350."

Statistic 13

"In Dover, NH, the average rent for a one-bedroom apartment is $1,250."

Statistic 14

"The average rent for a studio apartment in New Hampshire is $1,050 as of 2021."

Statistic 15

"Rent for single-family homes in New Hampshire averages around $2,000 per month."

Statistic 16

"The average rent for a four-bedroom home in New Hampshire is about $2,300 per month."

Statistic 17

"Nashua, NH, has an average rent of $1,300 for a one-bedroom apartment."

Statistic 18

"The city of Portsmouth, NH, has the highest average rent in the state, with prices around $1,800 for a one-bedroom apartment."

Statistic 19

"The average rent for mobile homes in New Hampshire varies, but generally, it's around $750 per month."

In conclusion, the rental market in New Hampshire presents a varied landscape with notable statistics. The state’s vacancy rate of 2.5% indicates a healthy demand for rental properties, although rental prices are higher than the national average by about 10%. The median gross rent of $1,250 and the prevalence of households spending over 30% of their income on rent illustrate the financial burdens faced by renters in the state. Across different cities in New Hampshire, average rents for various types of properties range from $1,100 in Concord to $2,300 for a four-bedroom home. While some areas like Hanover and Portsmouth command higher rents, others such as Nashua and Dover offer more moderate pricing. The average rent growth of 10% over the past 5 years signifies a continuous upward trend in rental costs, further highlighting the challenges renters may encounter in finding affordable accommodation in New Hampshire.