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City Report · NH

Laconia

Pop. 17,085·15th most expensive in New Hampshire·Laconia rents are up 45.3% over the past year
Median rent (all units)
$1,924/mo
Year-over-Year
+45.3%
Month-over-Month
-2.5%
vs US Median
-$38
Falling (Monthly)
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Most AffordableMost Expensive
Laconia · $1,924
More expensive than 54% of US cities · National median $1,962/mo
Affordability
32% of income
MODERATE
0%30% benchmark60%+

At $1,924/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford
$77,000/yr
Local median income
$73,218/yr
Based on the 30%-of-income rule using Laconia's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$1,150
2 BR
$1,440
3 BR
$1,810
4 BR+
$2,160
Fair Market Rent (HUD)
$1,440/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,924 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: August 17, 2026

Annual cost
$23,088/yr
At $1,924/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 45.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+45.3% YoY, -2.5% MoM), not inventory.
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Demographics

Who lives here

Laconia, NH is majority owner-occupied, has a large retiree population, 27.2% of residents hold a bachelor's degree or higher.

Population
17,085
Median income
$73,218
Median age
45.3
Renters
35.8%
Age distribution
18.4%
17.3%
24.2%
17.2%
22.8%
Under 1818.4%
18–3417.3%
35–5424.2%
55–6417.2%
65+22.8%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
90.6%
White90.6%
Hispanic3.5%
Asian1.5%
Other4.2%
Education (25+)
29.5%
36.7%
27.2%
No HS diploma6.6%
HS diploma29.5%
Some college36.7%
Bachelor's+27.2%
Housing tenure
64.2%
35.8%
Owner64.2%
Renter35.8%

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

2021 vs 2026

How Laconia, NH has changed in 5 years

Income
$63,711 → $73,218
up 14.9%
Population
16,786 → 17,085
up 1.8%
Renter share
39.7% → 35.8%
-3.9 pts
Bachelor's+
27.4% → 27.2%
-0.2 pts
Median age
43.1 → 45.3
+2.2 yrs

Household income in the area moved from $63,711 to $73,218 across the same window, up 14.9% versus 2021. Census counts show Laconia, NH adding about 299 residents over the five-year window, up 1.8% on net. The renter share has eased from 39.7% to 35.8%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Laconia

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

Can you afford rent in Laconia on your salary?

At $1,924/mo, how Laconia rent compares to typical pay (30% rule).

By apartment size

Laconia rent by bedroom count

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

Local insights

Tips for renters in Laconia

About renting in Laconia, NH

Last updated: August 17, 2026

The median rent in Laconia is $1,924/mo as of August 2026. A studio apartment averages $990/mo while a 2-bedroom runs $1,440/mo. One-bedroom apartments average $1,150/mo and 3-bedroom units go for $1,810/mo.

At 32% of local median household income ($73,218/yr), Laconia ranks as moderate compared to the national benchmark of 30%. Rents have increased 45.3% over the past year.

FAQ

Frequently asked questions

Is Laconia an affordable city for renters?

Laconia is considered moderate for renters. At $1,924/mo, rent takes approximately 32% of the local median household income ($73,218/yr). The standard benchmark is 30%. Laconia slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Laconia?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,924/mo in Laconia. The local median household income is $73,218/yr, meaning the typical Laconia household falls short of that threshold.

Is rent going up or down in Laconia?

Rent in Laconia has increased 45.3% over the past year as of August 2026, putting upward pressure on renter budgets.

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

Laconia is one of the more affordable cities in New Hampshire for rent, ranking #15 out of 19 tracked cities at $1,924/mo.

Which nearby cities are cheaper to rent in than Laconia?

Several nearby cities have lower median rents than Laconia ($1,924/mo): Farmington ($1,350/mo), Concord ($1,897/mo).

What percentage of Laconia residents rent vs. own?

According to Census data, approximately 35.8% of Laconia households are renters, while 64.2% are owner-occupied. Laconia leans toward homeownership, which can mean a smaller rental inventory.

How does Laconia rent compare to the national average?

Laconia's median rent of $1,924/mo is $38 (2%) below the US national median of $1,962/mo. Within New Hampshire, it ranks #15 out of 19 tracked cities.
Income Affordability
32%
MODERATE

At $1,924/mo, rent takes ~32% of Laconia's median household income ($73,218/yr). The standard benchmark is 30%.

Laconia 32%Benchmark 30%
State income taxNone
Run the Laconia affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Laconia, NH

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