RentData

Average Rent in Grafton County, NH Rents rising 15.3% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 91,759

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Grafton County, NH has rental prices ranging from $1,104/month to $2,109/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,156/month — 17% below the national average of $1,400/month. With a median household income of $84,021/year, spending $1,156/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Grafton County Compares

With an average 2-bedroom rent of $1,516/month, Grafton County ranks #8 most expensive of the 12 cities tracked in New Hampshire — pricier than 93% of all US cities in our data.

The Grafton County Rental Market

The Grafton County, NH area has a population of about 91,759 and 29% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Grafton County, NH have risen by $201/month (15.3%) over the past year, from $1,315 to $1,516. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Grafton County, NH without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $46,240. The local median household income of $84,021 exceeds that threshold by $37,781, making Grafton County relatively accessible compared to local wages.

Economy & Jobs

Grafton County, NH has an unemployment rate of 2.3%, 1.6 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Grafton County's neighborhoods. Among the highest-value areas are Woodsville ($214,741 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$1,104
Affordable
1 Bedroom
$1,156
Affordable
2 Bedrooms
$1,516
15.3% YoY
Affordable
3 Bedrooms
$2,019
Affordable
4 Bedrooms
$2,109
Average
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Is Grafton County, NH Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$60,640/year
Local median income: $84,021
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,516/month and 20% down on a home at 7% rate.

Nearby Cities in NHlargest metros in the state

CityStudio1BR2BR3BRHome Value
Portsmouth$1,475$1,517$1,961$2,429
Western Rockingham County$1,526$1,536$2,015$2,824
Hillsborough County$1,184$1,192$1,564$1,917
Manchester$1,336$1,485$1,948$2,347
Nashua$1,458$1,621$2,126$2,824
Merrimack County$1,120$1,230$1,614$2,132

Rent or Buy in Grafton County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Grafton County data

$
Home Value
$350,000
2BR Rent
$1,516/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,516/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Grafton County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Grafton County

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💵Rent Affordability in Grafton County

Salary needed to afford rent here

🗺️All Cities in NH

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⚖️Compare Grafton County

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📋NH Tenant Rights

Deposit limits, eviction laws & renters protections