Rental Markets in New Hampshire

DoorBase tracks rental market data across New Hampshire by ZIP code. This state page is a crawlable index for investors comparing rents, cap-rate estimates, vacancy, demographics, home values, renter share, household income, and employment conditions before drilling into individual ZIP pages.

New Hampshire Rental Market Overview

The current sample of indexable New Hampshire ZIP markets shows average median rent of $1,863, average median home value of $546,623, average cap-rate high of 3.4%, average vacancy of 10.5%, renter ratio near 25.3%, and median household income around $102,921. These statewide figures are directional and should be used to compare markets before reviewing a specific ZIP code.

New Hampshire is not one rental market. Large cities, inner suburbs, commuter towns, college markets, rural counties, resort areas, and industrial corridors can produce very different rent levels and ownership economics. DoorBase keeps the canonical content at the ZIP level so investors can move from a broad state view into the most precise local data available.

Featured New Hampshire ZIP Markets

ZIP	City	Rent	Cap Rate	Vacancy	Population
03103	Manchester	$2,057	2.7-4.3%	5.1%	37,659
03104	Manchester	$1,908	2.1-3.7%	6.3%	35,274
03038	Derry	$2,357	2.6-4.2%	7.2%	34,622
03301	Concord	$1,908	2.1-3.7%	5.5%	33,987
03102	Manchester	$2,099	2.8-4.4%	4.8%	33,755
03820	Dover	$2,297	2.2-3.8%	2.8%	33,150
03060	Nashua	$2,197	2.6-4.2%	5%	32,223
03079	Salem	$2,619	2.3-3.9%	6.9%	30,646
03062	Nashua	$2,651	2.7-4.3%	3.2%	28,713
03054	Merrimack	$2,594	2.7-4.3%	1.9%	27,604
03053	Londonderry	$2,719	2.4-4%	2.8%	25,930
03051	Hudson	$2,450	2.5-4.1%	3.3%	25,476
03431	Keene	$1,812	2.8-4.4%	9.9%	25,035
03110	Bedford	$2,657	1.7-3.3%	1.9%	23,580
03801	Portsmouth	$3,083	1.9-3.5%	4.8%	23,231
03867	Rochester	$1,970	2.7-4.3%	6.1%	22,886
03833	Exeter	$2,634	2.1-3.7%	7.5%	22,676
03246	Laconia	$1,886	2.3-3.9%	31.8%	17,006
03303	Concord	$1,922	2.4-4%	3.3%	16,368
03055	Milford	$2,006	2-3.6%	3.8%	16,258
03842	Hampton	$2,273	1.8-3.4%	24.4%	16,180
03087	Windham	$4,800	3.5-5.1%	5.2%	15,922
03063	Nashua	$2,208	2.6-4.2%	3%	15,630
03824	Durham	$3,104	2.4-4%	25.3%	15,054
03106	Hooksett	$2,233	2.2-3.8%	3.6%	14,923
03064	Nashua	$2,262	2.3-3.9%	4.9%	14,565
03076	Pelham	$1,390	0.7-2.3%	3.3%	14,333
03045	Goffstown	$1,590	1.4-3%	3.3%	14,013
03743	Claremont	$1,703	3.5-5.1%	14.5%	13,673
03878	Somersworth	$2,003	2.4-4%	6.5%	12,145
03275	Suncook	$2,330	2.8-4.4%	3%	12,115
03031	Amherst	$1,447	0.8-2.4%	0.4%	11,873
03077	Raymond	$1,725	1.7-3.3%	5.6%	10,837
03766	Lebanon	$2,621	3.4-5%	14.7%	10,702
03755	Hanover	$2,142	0.8-2.4%	18.2%	10,563
03109	Manchester	$1,597	1.7-3.3%	3.1%	10,118
03570	Berlin	$950	2.9-4.5%	15.3%	9,473
03857	Newmarket	$2,225	2-3.6%	2.9%	9,431
03825	Barrington	$1,737	1.3-2.9%	2.8%	9,420
03281	Weare	$1,418	1.2-2.8%	9.9%	9,141
03276	Tilton	$1,024	0.9-2.5%	12.3%	9,046
03235	Franklin	$1,995	2.9-4.5%	9.9%	8,843
03874	Seabrook	$2,550	1.9-3.5%	11.7%	8,613
03049	Hollis	$1,572	0.6-2.2%	0.9%	8,530
03052	Litchfield	$2,152	1.7-3.3%	1.6%	8,495
03304	Bow	$1,465	0.9-2.5%	1.8%	8,295
03244	Hillsboro	$1,112	1.2-2.8%	20.5%	8,005
03773	Newport	$1,575	2.4-4%	20.7%	7,905
03865	Plaistow	$1,595	1.3-2.9%	not available	7,850
03249	Gilford	$1,950	1.8-3.4%	41%	7,785
03885	Stratham	$2,265	1.3-2.9%	not available	7,742
03220	Belmont	$1,151	1-2.6%	16.8%	7,376
03042	Epping	$2,019	1.8-3.4%	4.6%	7,300
03811	Atkinson	$1,188	0.5-2.1%	2.3%	7,222
03458	Peterborough	$1,304	1.1-2.7%	13.7%	6,914
03264	Plymouth	$1,178	1.4-3%	19.3%	6,911
03835	Farmington	$1,350	1.5-3.1%	4%	6,800
03253	Meredith	$1,230	0.5-2.1%	38.9%	6,677
03873	Sandown	$1,856	1.6-3.2%	3.1%	6,590
03894	Wolfeboro	$1,093	0.4-2%	37.3%	6,577

Notable ZIP Markets in This Sample

The highest estimated cap-rate band in this sample tops out at 5.1% in ZIP 03087 (Windham).

The lowest vacancy in this sample is 0.4% in ZIP 03031 (Amherst).

The highest median rent in this sample is $4,800 in ZIP 03087 (Windham).

The highest median household income in this sample is $189,450 in ZIP 03087 (Windham).

Rental Markets by City

Manchester

Manchester has 4 ZIP codes in this sample. Median rents range from $1,597 to $2,099. Estimated cap-rate bands reach up to 4.4% at the high end. Vacancy averages 4.8%. See ZIP 03103 for the full market profile.

Nashua

Nashua has 4 ZIP codes in this sample. Median rents range from $2,197 to $2,651. Estimated cap-rate bands reach up to 4.3% at the high end. Vacancy averages 4.0%. See ZIP 03060 for the full market profile.

Concord

Concord has 2 ZIP codes in this sample. Median rents range from $1,908 to $1,922. Estimated cap-rate bands reach up to 4.0% at the high end. Vacancy averages 4.4%. See ZIP 03301 for the full market profile.

Rochester

Rochester has 2 ZIP codes in this sample. Median rents range from $948 to $1,970. Estimated cap-rate bands reach up to 4.3% at the high end. Vacancy averages 4.3%. See ZIP 03867 for the full market profile.

Derry

Derry has 1 ZIP code in this sample. Sample median rent is $2,357. Estimated cap-rate bands reach up to 4.2% at the high end. Vacancy averages 7.2%. See ZIP 03038 for the full market profile.

Dover

Dover has 1 ZIP code in this sample. Sample median rent is $2,297. Estimated cap-rate bands reach up to 3.8% at the high end. Vacancy averages 2.8%. See ZIP 03820 for the full market profile.

Salem

Salem has 1 ZIP code in this sample. Sample median rent is $2,619. Estimated cap-rate bands reach up to 3.9% at the high end. Vacancy averages 6.9%. See ZIP 03079 for the full market profile.

Merrimack

Merrimack has 1 ZIP code in this sample. Sample median rent is $2,594. Estimated cap-rate bands reach up to 4.3% at the high end. Vacancy averages 1.9%. See ZIP 03054 for the full market profile.

Londonderry

Londonderry has 1 ZIP code in this sample. Sample median rent is $2,719. Estimated cap-rate bands reach up to 4.0% at the high end. Vacancy averages 2.8%. See ZIP 03053 for the full market profile.

Hudson

Hudson has 1 ZIP code in this sample. Sample median rent is $2,450. Estimated cap-rate bands reach up to 4.1% at the high end. Vacancy averages 3.3%. See ZIP 03051 for the full market profile.

Keene

Keene has 1 ZIP code in this sample. Sample median rent is $1,812. Estimated cap-rate bands reach up to 4.4% at the high end. Vacancy averages 9.9%. See ZIP 03431 for the full market profile.

Bedford

Bedford has 1 ZIP code in this sample. Sample median rent is $2,657. Estimated cap-rate bands reach up to 3.3% at the high end. Vacancy averages 1.9%. See ZIP 03110 for the full market profile.

How to Use the New Hampshire Directory

Start with the state page to understand the range of rental markets, then open individual ZIP pages for the numbers that matter most to underwriting. A state average can hide important local differences. One ZIP may have stronger rent growth and lower vacancy while a nearby ZIP has better purchase prices but weaker renter demand.

The most useful investor workflow is to compare rent, cap rate, vacancy, home value, renter ratio, household income, population growth, unemployment, and job growth together. No single number is enough. A high cap-rate estimate can be offset by weak income, high vacancy, or limited tenant demand. A lower cap-rate estimate can still make sense if the market has strong income, job growth, and durable renter demand.

State Coverage and Internal Links

This page links into the canonical ZIP URL structure, such as /rentals/nh/30318, without bringing back city parent pages. That structure keeps DoorBase clean for search engines: state pages organize the directory, ZIP pages hold the canonical data, and future market guides can exist separately as heavier editorial SEO hubs.

DoorBase currently tracks 80 sampled ZIP markets across 72 New Hampshire cities in this crawlable state summary. The live React page may show a broader interactive directory after JavaScript loads, while this fallback body ensures crawlers receive meaningful text and links immediately.