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City Report · NH

Concord

Pop. 44,375·16th most expensive in New Hampshire·Concord rents are up 5.5% over the past year
Median rent (all units)
$1,886/mo
Year-over-Year
+5.5%
Month-over-Month
+1.7%
vs US Median
-$79
Rising (Monthly)
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Most AffordableMost Expensive
Concord · $1,886
More expensive than 52% of US cities · National median $1,965/mo
Rent Reality Score
54/100
Fairly priced
OverheatedFairGreat value

Rents are 2% below what Concord's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,886/mo
Expected by trend
$1,929/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
Research median
$1,670/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$22,632/yr
At $1,886/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.5% YoY, +1.7% MoM), not inventory.
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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
$1,602 → $1,886
up 17.7%
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 $1,602 a month. That figure now sits near $1,886, up 17.7% 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 $1,886/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: July 20, 2026

The median rent in Concord is $1,886/mo as of July 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 5.5% over the past year.

FAQ

Frequently asked questions

Is Concord an affordable city for renters?

Concord is considered affordable for renters. At $1,886/mo, rent takes approximately 27% of the local median household income ($84,902/yr). The standard benchmark is 30%. Concord falls comfortably within that range.

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 $75,000/year (~$36/hour full-time) to afford the median rent of $1,886/mo in Concord. The local median household income is $84,902/yr, meaning the typical Concord household meets that threshold.

Is rent going up or down in Concord?

Rent in Concord has increased 5.5% over the past year as of July 2026, putting upward pressure on renter budgets.

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

Concord is one of the more affordable cities in New Hampshire for rent, ranking #16 out of 18 tracked cities at $1,886/mo.

What percentage of Concord residents rent vs. own?

According to Census data, approximately 43.2% of Concord households are renters, while 56.8% are owner-occupied. Concord leans toward homeownership, which can mean a smaller rental inventory.

How does Concord rent compare to the national average?

Concord's median rent of $1,886/mo is $79 (4%) below the US national median of $1,965/mo. Within New Hampshire, it ranks #16 out of 18 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,886/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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