New Hampshire renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in New Hampshire is about $1,327 per month. This puts it in the 1st percentile compared to the nation average cost of rent, which is $1,307. Households in New Hampshire have a median income of $7,579 per month so the average renter in New Hampshire is spending roughly 18% of their earnings on housing.
Nationally, and in New Hampshire, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Hampshire is $295,170 right now, which is lower than nearby states, meaning that rents in New Hampshire also tend to be lower versus these nearby states.
Higher rent prices are common in the southeastern parts of New Hampshire while lower rent rates are often available in northeastern areas.
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