ZIP Code · NH

ZIP 03079

Part of Salem, NH
Pop. 30,964·Rockingham County·4th most expensive ZIP in New Hampshire
Median rent (all units)
$2,561/mo
Year-over-Year
+1.5%
Month-over-Month
+0.4%
vs US Median
+$629
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 03079 · $2,561
More expensive than 81% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,480
1 BR
$1,640
2 BR
$2,150
3 BR
$2,580
4 BR+
$2,850
Research median
$2,150/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 03079 is at its highest level since Zillow's records here began in December 2021.

Past year vs. the rest of New Hampshire

Rent in ZIP 03079 changed +1.5% over the year to September 2026. Across the 20 New Hampshire ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($110,490) is $2,762 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,580); a 4-bedroom is $2,850.

Cheaper nearby

ZIP 01832, 5 miles away, rents for 22% less ($2,009/mo), about $6,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 03079. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$30,732/yr
At $2,561/mo median
Location
CitySalem
StateNH
CountyRockingham County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.5% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 03079 (Salem, NH) is majority owner-occupied, has a median income above the national average, 38.7% of residents hold a bachelor's degree or higher.

Population
30,964
Median income
$110,490
Median age
44.6
Renters
24.4%
Age distribution
16.2%
21.9%
26.8%
16.5%
18.6%
Under 1816.2%
18–3421.9%
35–5426.8%
55–6416.5%
65+18.6%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
87.2%
White87.2%
Black1.1%
Hispanic6.9%
Asian3.5%
Other1.2%
Education (25+)
31.3%
25.6%
38.7%
No HS diploma4.4%
HS diploma31.3%
Some college25.6%
Bachelor's+38.7%
Housing tenure
75.6%
24.4%
Owner75.6%
Renter24.4%

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

2022 vs 2026

How ZIP 03079 in Salem, NH has changed in 5 years

Rent
$2,247 → $2,561
up 14.0%
Income
$91,276 → $110,490
up 21.1%
Population
30,158 → 30,964
up 2.7%
Renter share
23.5% → 24.4%
+0.9 pts
Bachelor's+
34.9% → 38.7%
+3.8 pts

Across the past five years, the going rent in ZIP 03079 in Salem, NH has shifted from $2,247 to $2,561, up 14.0% since 2022. Census figures show median household income at $110,490 today, compared with $91,276 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 03079 in Salem, NH adding about 806 residents over the five-year window, up 2.7% on net. Bachelor's-degree-or-higher attainment moved from 34.9% to 38.7% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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Local insights

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About renting in ZIP 03079

Last updated: October 17, 2026

ZIP code 03079 covers Salem, NH. The median rent here is $2,561/mo as of October 2026. A 1-bedroom rents for a median of $1,640/mo. A 2-bedroom rents for a median of $2,150/mo.

At 28% of local median household income ($110,490/yr), ZIP 03079 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 03079?

To keep rent at or below 30% of gross income, you would need to earn at least $102,000/year (about $49/hour full-time) to afford the median rent of $2,561/mo in ZIP 03079. The local median household income is $110,490/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 03079?

Rent in ZIP 03079 has risen 1.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2021.

How does ZIP 03079 compare to other ZIPs in New Hampshire?

ZIP 03079 is one of the pricier among New Hampshire ZIP codes for rent, ranking #4 of 24 at $2,561/mo. Over the year to September 2026, rent in ZIP 03079 changed +1.5%, against a typical +3.4% across the 20 New Hampshire ZIP codes Zillow tracks.

How does ZIP 03079 compare to the rest of Salem?

ZIP 03079 sits right at the Salem citywide median of $2,561/mo.
Income Affordability
28%
AFFORDABLE

At $2,561/mo, rent takes ~28% of ZIP 03079's median household income ($110,490/yr). The standard benchmark is 30%.

ZIP 03079 28%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 03079 (Salem, NH)

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