Average Rent in Hillsborough County, NH↑ Rents rising 7.0% YoY

Hillsborough County, NH has rental prices ranging from $1,184/month to $2,405/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,192/month — 15% below the national average of $1,400/month. With a median household income of $100,436/year, spending $1,192/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Hillsborough County Compares

With an average 2-bedroom rent of $1,564/month, Hillsborough County ranks #6 most expensive of the 12 cities tracked in New Hampshire — pricier than 93% of all US cities in our data.

The Hillsborough County Rental Market

The Hillsborough County, NH area has a population of about 424,732 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Hillsborough County, NH have risen by $102/month (7.0%) over the past year, from $1,462 to $1,564. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Hillsborough County, NH without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $47,680. The local median household income of $100,436 exceeds that threshold by $52,756, making Hillsborough County relatively accessible compared to local wages.

Economy & Jobs

Hillsborough County, NH has an unemployment rate of 3.0%, 0.9 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 Hillsborough County's neighborhoods. Among the highest-value areas are Piscataquog ($324,433 median home value), Downtown ($336,458 median home value), East Merrimack ($355,854 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Hillsborough County, NH Affordable?

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

Rent or Buy in Hillsborough County?

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

Living in Hillsborough County

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