City Report · NH

Newmarket

Pop. 5,679·10th most expensive in New Hampshire·Rental market data updated monthly for Newmarket, NH
Median rent (all units)
$2,183/mo
Year-over-Year
Stable
Month-over-Month
-0.6%
vs US Median
+$251
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Newmarket · $2,183
More expensive than 69% of US cities · National median $1,932/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $2,183/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$87,000/yr
Local median income
$87,196/yr
Based on the 30%-of-income rule using Newmarket's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,560
1 BR
$1,600
2 BR
$2,070
3 BR
$2,560
4 BR+
$2,900
Fair Market Rent (HUD)
$2,070/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,183 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

What a typical income covers

30% of the median household income ($87,196) is $2,180 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,070); a 3-bedroom is $2,560.

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

Annual cost
$26,196/yr
At $2,183/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 (+0.0% YoY, -0.6% MoM), not inventory.
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Demographics

Who lives here

Newmarket, NH is majority renter-occupied, skews toward younger working-age adults, 48.9% of residents hold a bachelor's degree or higher.

Population
5,679
Median income
$87,196
Median age
38.3
Renters
62.9%
Age distribution
12.5%
31.9%
29.7%
12.6%
13.3%
Under 1812.5%
18–3431.9%
35–5429.7%
55–6412.6%
65+13.3%
Gender
45.9%
54.1%
Male45.9%
Female54.1%
Race & ethnicity
89.5%
White89.5%
Black0.9%
Hispanic1.5%
Asian1.9%
Other6.2%
Education (25+)
15.9%
33.6%
48.9%
No HS diploma1.5%
HS diploma15.9%
Some college33.6%
Bachelor's+48.9%
Housing tenure
37.1%
62.9%
Owner37.1%
Renter62.9%

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

2021 vs 2026

How Newmarket, NH has changed in 5 years

Income
$74,490 → $87,196
up 17.1%
Population
5,621 → 5,679
up 1.0%
Renter share
59.8% → 62.9%
+3.1 pts
Bachelor's+
51.6% → 48.9%
-2.7 pts
Median age
36.3 → 38.3
+2.0 yrs

Census figures show median household income at $87,196 today, compared with $74,490 five years earlier. Census counts show Newmarket, NH adding about 58 residents over the five-year window, up 1.0% on net. The renter share has risen from 59.8% to 62.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 51.6% to 48.9% across the same window.

Community

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

Can you afford rent in Newmarket on your salary?

At $2,183/mo, how Newmarket rent compares to typical pay (30% rule).

By apartment size

Newmarket rent by bedroom count

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

Local insights

Tips for renters in Newmarket

About renting in Newmarket, NH

Last updated: October 17, 2026

The median rent in Newmarket is $2,183/mo as of October 2026. A studio apartment averages $1,560/mo while a 2-bedroom runs $2,070/mo. One-bedroom apartments average $1,600/mo and 3-bedroom units go for $2,560/mo.

At 30% of local median household income ($87,196/yr), Newmarket ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Newmarket?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (about $42/hour full-time) to afford the median rent of $2,183/mo in Newmarket. The local median household income is $87,196/yr, so the typical household meets that bar.

Is rent going up or down in Newmarket?

Rent in Newmarket has been roughly flat over the past year, a 0.0% change.

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

Newmarket is in the middle among New Hampshire cities for rent, ranking #10 of 18 tracked cities at $2,183/mo.

Which nearby cities are cheaper to rent in than Newmarket?

Nearby cities with lower median rent than Newmarket ($2,183/mo) include Hampton ($2,015/mo), and Somersworth ($2,015/mo).
Income Affordability
30%
MODERATE

At $2,183/mo, rent takes ~30% of Newmarket's median household income ($87,196/yr). The standard benchmark is 30%.

Newmarket 30%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newmarket, NH

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