ZIP Code · NH

ZIP 03301

Part of Concord, NH

Pop. 33,995·Merrimack County·19th most expensive ZIP in New Hampshire

Median rent (all units)

$1,925/mo

Year-over-Year

+2.7%

Month-over-Month

-0.5%

vs US Median

-$7

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 03301 · $1,925

More expensive than 57% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,410

1 BR

$1,550

2 BR

$2,040

3 BR

$2,690

4 BR+

$2,700

Research median

$2,040/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 03301 is 1.4% below its high of $1,953 in June 2026, at $1,925 as of September 2026.

Past year vs. the rest of New Hampshire

Rent in ZIP 03301 changed +2.7% over the year to September 2026. Across the 20 New Hampshire ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($86,840) is $2,171 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,040); a 3-bedroom is $2,690.

From Zillow's monthly rent index (ZORI) for ZIP 03301. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,100/yr

At $1,925/mo median

Location

CityConcord

StateNH

CountyMerrimack County

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 (+2.7% YoY, -0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 03301 (Concord, NH) is majority owner-occupied, 44.9% of residents hold a bachelor's degree or higher.

Population

33,995

Median income

$86,840

Median age

40.4

Renters

44.5%

Age distribution

16.6%

25.1%

24.9%

14.1%

19.3%

Under 1816.6%

18–3425.1%

35–5424.9%

55–6414.1%

65+19.3%

Gender

51.9%

48.1%

Male51.9%

Female48.1%

Race & ethnicity

84.9%

White84.9%

Black4.6%

Hispanic3.9%

Asian3%

Other3.5%

Education (25+)

24.9%

23.6%

44.9%

No HS diploma6.7%

HS diploma24.9%

Some college23.6%

Bachelor's+44.9%

Housing tenure

55.5%

44.5%

Owner55.5%

Renter44.5%

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

2023 vs 2026

How ZIP 03301 in Concord, NH has changed in 5 years

Rent

$1,700 → $1,925

up 13.2%

Income

$72,594 → $86,840

up 19.6%

Population

33,289 → 33,995

up 2.1%

Renter share

45.6% → 44.5%

-1.1 pts

Bachelor's+

38.5% → 44.9%

+6.4 pts

Median age

42.1 → 40.4

-1.7 yrs

Across the past five years, the going rent in ZIP 03301 in Concord, NH has shifted from $1,700 to $1,925, up 13.2% since 2023. Household income in the area moved from $72,594 to $86,840 across the same window, up 19.6% versus 2021. 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 03301 in Concord, NH adding about 706 residents over the five-year window, up 2.1% on net. Bachelor's-degree-or-higher attainment moved from 38.5% to 44.9% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 03301 in Concord, NH look reasonable against where the market sat half a decade ago.

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About renting in ZIP 03301

Last updated: October 17, 2026

ZIP code 03301 covers Concord, NH. The median rent here is $1,925/mo as of October 2026. A 1-bedroom rents for a median of $1,550/mo. A 2-bedroom rents for a median of $2,040/mo.

At 27% of local median household income ($86,840/yr), ZIP 03301 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 03301?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (about $37/hour full-time) to afford the median rent of $1,925/mo in ZIP 03301. The local median household income is $86,840/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 03301?

Rent in ZIP 03301 has risen 2.7% over the past year as of September 2026. It sits 1.4% below its high of $1,953 in June 2026.

How does ZIP 03301 compare to other ZIPs in New Hampshire?

ZIP 03301 is one of the more affordable among New Hampshire ZIP codes for rent, ranking #19 of 24 at $1,925/mo. Over the year to September 2026, rent in ZIP 03301 changed +2.7%, against a typical +3.4% across the 20 New Hampshire ZIP codes Zillow tracks.