According to the New Hampshire Housing’s 2024 Residential Rental Cost Survey Report, the median monthly rent for a two-bedroom unit in the Granite State, including utilities, was $1,833. The 3.9 percent increase in this cost from 2023 was slightly higher than the average of 3.3 percent annual inflation faced by consumers in New England overall. While rental prices have been rising since 2014, cost increases slowed between 2023 and 2024 compared to the annual change the year prior, likely due to declines in the cost of utilities. In 2024, the median cost of utilities for a two-bedroom unit where the tenant pays for heat was $266 a month, a decline of about 15.6 percent from the median cost of $315 in 2023. 

Learn more in NHFPI’s August 2024 blog: New Hampshire Rental Costs Continued to Rise in Early 2024, Increasing Impacts on Tenant Household Budgets