Housing costs vary significantly across New Hampshire's cities and towns. Understanding these differences can help prospective residents make informed decisions about where to live. This article compares the average housing prices and rental rates in major locations within the state.
Major Cities in New Hampshire
Manchester and Nashua are the largest cities in New Hampshire, offering a mix of urban amenities and affordable housing options. The median home price in Manchester is approximately $350,000, while rental rates average around $1,200 per month. Nashua tends to be slightly more affordable, with median home prices near $330,000 and rentals averaging $1,150 per month.
Smaller Cities and Suburban Areas
Concord, the state capital, has a median home price of about $290,000. Its rental market is also accessible, with average rents around $1,100 per month. Nearby suburban towns like Bedford and Goffstown offer higher home prices, often exceeding $400,000, but provide larger properties and more space.
Cost Comparison in Towns and Rural Areas
Housing costs tend to decrease in rural areas and smaller towns. For example, in Keene and Claremont, median home prices are below $200,000. Rental rates in these areas are also lower, typically around $900 per month. These regions appeal to those seeking more affordable living options outside urban centers.
- Manchester: $350,000 median home price
- Nashua: $330,000 median home price
- Concord: $290,000 median home price
- Keene: <$200,000 median home price
- Rural towns: <$200,000 median home price