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City Report · NH

Newmarket

Pop. 5,679·9th most expensive in New Hampshire·Rental market data updated monthly for Newmarket, NH
Median rent (all units)
$2,295/mo
Year-over-Year
Stable
Month-over-Month
-7.8%
vs US Median
+$333
Falling (Monthly)
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Most AffordableMost Expensive
Newmarket · $2,295
More expensive than 73% of US cities · National median $1,962/mo
Affordability
32% of income
MODERATE
0%30% benchmark60%+

At $2,295/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford
$92,000/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 $2,295 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
$27,540/yr
At $2,295/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -7.8% 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

Discussions about Newmarket

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

Can you afford rent in Newmarket on your salary?

At $2,295/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: August 17, 2026

The median rent in Newmarket is $2,295/mo as of August 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 32% 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

Is Newmarket an affordable city for renters?

Newmarket is considered moderate for renters. At $2,295/mo, rent takes approximately 32% of the local median household income ($87,196/yr). The standard benchmark is 30%. Newmarket slightly exceeds that threshold, so budgeting carefully matters here.

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 $92,000/year (~$44/hour full-time) to afford the median rent of $2,295/mo in Newmarket. The local median household income is $87,196/yr, meaning the typical Newmarket household falls short of that threshold.

Is rent going up or down in Newmarket?

Rent in Newmarket has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

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

Newmarket is middle-of-the-pack for New Hampshire for rent, ranking #9 out of 19 tracked cities at $2,295/mo.

Which nearby cities are cheaper to rent in than Newmarket?

Several nearby cities have lower median rents than Newmarket ($2,295/mo): Somersworth ($1,937/mo), Dover ($2,273/mo), Exeter ($2,288/mo).

What percentage of Newmarket residents rent vs. own?

According to Census data, approximately 62.9% of Newmarket households are renters, while 37.1% are owner-occupied. With a majority renter population, Newmarket has a strong rental market.

How does Newmarket rent compare to the national average?

Newmarket's median rent of $2,295/mo is $333 (17%) above the US national median of $1,962/mo. Within New Hampshire, it ranks #9 out of 19 tracked cities.
Income Affordability
32%
MODERATE

At $2,295/mo, rent takes ~32% of Newmarket's median household income ($87,196/yr). The standard benchmark is 30%.

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

Estimated from ZIP-level data

Schools nearby

Public schools near Newmarket, NH

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