Rent in New Hampshire
The median 2-bedroom Fair Market Rent in New Hampshire is $2,194/mo, ranking #4 out of 51 states for highest rent. This is $944 above the national median of $1,250/mo. New Hampshire has a population of 1.4M. About 27.5% of households rent their homes. Fair Market Rent data covers 7 areas across the state.
Highlights
All 7 Areas in New Hampshire
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Boston-Cambridge-Quincy Pop. 4.9M | $2,359 | $2,476 | $2,941 | $3,526 | 31.4% | +4% |
| Lawrence Pop. 4.9M | $1,565 | $1,730 | $2,270 | $2,722 | 24.2% | +18.4% |
| Western Rockingham County Pop. 4.9M | $1,681 | $1,692 | $2,220 | $3,069 | 23.7% | +21.8% |
| Portsmouth-Rochester Pop. 4.9M | $1,601 | $1,677 | $2,194 | $2,693 | 23.4% | +9.5% |
| Nashua Pop. 425K | $1,467 | $1,673 | $2,127 | $2,822 | 25.4% | +8.7% |
| Manchester Pop. 425K | $1,404 | $1,552 | $2,037 | $2,442 | 24.3% | +15% |
| Hillsborough County Pop. 425K | $1,286 | $1,294 | $1,698 | $2,036 | 20.3% | +16.1% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across New Hampshire is $2,194 per month. Rents range from $1,698/mo in Hillsborough County to $2,941/mo in Boston-Cambridge-Quincy. The actual median gross rent statewide is $1,423/mo according to Census data.
New Hampshire ranks #4 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $2,194/mo is $944 above the national median of $1,250/mo.
The average rent burden across New Hampshire is 24.7%, meaning a typical household would spend 24.7% of income on a 2-bedroom at Fair Market Rent. 1 of 7 areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $95,628.
The most affordable area in New Hampshire is Hillsborough County with a 2-bedroom Fair Market Rent of $1,698/mo. The median household income there is $100,436.
The most expensive area in New Hampshire is Boston-Cambridge-Quincy with a 2-bedroom Fair Market Rent of $2,941/mo. The median household income there is $112,484.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.