City Report · NH

Concord

Pop. 44,375·14th most expensive in New Hampshire·Rental market data updated monthly for Concord, NH
Median rent (all units)
$1,941/mo
Year-over-Year
+2.9%
Month-over-Month
-0.8%
vs US Median
+$9
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Concord · $1,941
More expensive than 57% of US cities · National median $1,932/mo
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Concord's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,941/mo
Expected by trend
$2,000/mo
The Rent Reality Score compares today's median rent to where Concord's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,270
2 BR
$1,670
3 BR
$2,210
4 BR+
$2,210
Fair Market Rent (HUD)
$1,670/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,941 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Concord is 1.3% below its high of $1,967 in June 2026, at $1,941 as of September 2026.

Past year vs. the rest of New Hampshire

Rent in Concord changed +2.9% over the year to September 2026. Across the 14 New Hampshire cities Zillow tracks, the typical change was +3.2%.

Recent direction

Rent rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($84,902) is $2,123 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,670); a 3-bedroom is $2,210.

From Zillow's monthly rent index (ZORI) for Concord. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$23,292/yr
At $1,941/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.9% YoY, -0.8% MoM), not inventory.
Rent check

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Demographics

Who lives here

Concord, NH is majority owner-occupied, 42.3% of residents hold a bachelor's degree or higher.

Population
44,375
Median income
$84,902
Median age
40.7
Renters
43.2%
Age distribution
17.2%
24.4%
25.5%
14.2%
18.7%
Under 1817.2%
18–3424.4%
35–5425.5%
55–6414.2%
65+18.7%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
86.3%
White86.3%
Black3.7%
Hispanic3.7%
Asian2.9%
Other3.3%
Education (25+)
26.1%
25.2%
42.3%
No HS diploma6.3%
HS diploma26.1%
Some college25.2%
Bachelor's+42.3%
Housing tenure
56.8%
43.2%
Owner56.8%
Renter43.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Concord, NH has changed in 5 years

Rent
$1,706 → $1,941
up 13.8%
Income
$73,156 → $84,902
up 16.1%
Population
43,552 → 44,375
up 1.9%
Renter share
44.1% → 43.2%
-0.9 pts
Bachelor's+
37% → 42.3%
+5.3 pts

Five years ago, renters in Concord, NH paid around $1,706 a month. That figure now sits near $1,941, up 13.8% from the 2023 baseline. Household income in the area moved from $73,156 to $84,902 across the same window, up 16.1% versus 2021. Census counts show Concord, NH adding about 823 residents over the five-year window, up 1.9% on net. Bachelor's-degree-or-higher attainment moved from 37% to 42.3% across the same window. Reading these numbers side by side helps frame whether current listings in Concord, NH look reasonable against where the market sat half a decade ago.

Community

Discussions about Concord

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View Concord rent history (2015–2026) →
Salary vs rent

Can you afford rent in Concord on your salary?

At $1,941/mo, how Concord rent compares to typical pay (30% rule).

By apartment size

Concord rent by bedroom count

Median rent for each apartment size in Concord. Click any size for full breakdown.

Local insights

Tips for renters in Concord

About renting in Concord, NH

Last updated: October 17, 2026

The median rent in Concord is $1,941/mo as of October 2026. A studio apartment averages $1,160/mo while a 2-bedroom runs $1,670/mo. One-bedroom apartments average $1,270/mo and 3-bedroom units go for $2,210/mo.

At 27% of local median household income ($84,902/yr), Concord ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Concord?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,941/mo in Concord. The local median household income is $84,902/yr, so the typical household meets that bar.

Is rent going up or down in Concord?

Rent in Concord has risen 2.9% over the past year as of September 2026. It sits 1.3% below its high of $1,967 in June 2026.

How does Concord rent compare to other cities in New Hampshire?

Concord is one of the more affordable among New Hampshire cities for rent, ranking #14 of 18 tracked cities at $1,941/mo. Over the year to September 2026, rent in Concord changed +2.9%, against a typical +3.2% across the 14 New Hampshire cities Zillow tracks.

Which nearby cities are cheaper to rent in than Concord?

Nearby cities with lower median rent than Concord ($1,941/mo) include Laconia ($1,887/mo).
Income Affordability
27%
AFFORDABLE

At $1,941/mo, rent takes ~27% of Concord's median household income ($84,902/yr). The standard benchmark is 30%.

Concord 27%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Concord, NH

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