Cheshire County New Hampshire Residential Rent and Rental Statistics
The median monthly gross residential rent in Cheshire County NH was $945 in 2019 according to the Census ACS survey.1 Average gross rent in Cheshire County was $990 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Cheshire County median and average rent data will be released in September of 2021.
Data is also available below for Cheshire County rental vacancy rates, Cheshire County rent as a percent of median income and the fraction of renters in Cheshire County.
Real Gross Rent in Cheshire County New Hampshire (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| New Hampshire Median Gross Rent | $1,147 | +3.33% | +6.80% |
| Cheshire County NH Median Gross Rent | $945 | +3.17% | +6.30% |
Cheshire County NH Real Gross Rent Trends
Median gross rent for Cheshire County peaked in real terms in 2008 at $1,046 and is now $101 (9.66%) lower. From a recent low of 889.0 in 2016, real median gross rent has now increased by $56 (6.30%). Average gross rent for Cheshire County peaked in real terms in 2012 at $1,045 and is now $55 (5.26%) lower. From a recent low of 857.0 in 2013, real average gross rent has now increased by $133 (15.52%).
Real Gross Rent: Cheshire County NH Median, Cheshire County NH Average, New Hampshire Median, US Median
Real Gross Rent History for Cheshire County
| Date | US Median |
New Hampshire Median |
Cheshire County NH Median |
Cheshire County NH Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,147 | $945 | $990 |
| 2018 | $1,077 | $1,110 | $916 | $934 |
| 2017 | $1,043 | $1,105 | $972 | $918 |
| 2016 | $1,027 | $1,074 | $889 | $893 |
| 2015 | $1,017 | $1,079 | $1,010 | $1,045 |
| 2014 | $986 | $1,049 | $982 | $970 |
| 2013 | $953 | $1,048 | $916 | $857 |
| 2012 | $940 | $1,029 | $1,013 | $1,045 |
| 2011 | $941 | $1,014 | $938 | $945 |
| 2010 | $955 | $1,063 | $1,021 | $1,029 |
| 2009 | $960 | $1,046 | $1,015 | $936 |
| 2007 | $927 | $1,048 | $992 | $1,001 |
| 2005 | $910 | $1,068 | $998 | $974 |
Cheshire County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2012 the rental vacancy rate for Cheshire County New Hampshire was 4.25% according to Census ACS data.
Rental Vacancy Rate in Cheshire County New Hampshire
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| New Hampshire | 4.45% | -0.11% | +0.70% |
| Cheshire County NH | — | — | — |
Trends in Cheshire County NH Rental Vacancy Rate
The rental vacancy rate in Cheshire County peaked in 2009 at 8.30%. Since then it has fallen by 4.05% to 4.25%. Data records for this series originated in 2005.
Rental Vacancy Rate: Cheshire County NH, New Hampshire, US
Historical Rental Vacancy Rate data for Cheshire County
| Date | US | New Hampshire | Cheshire County NH |
|---|---|---|---|
| 2019 | 5.97% | 4.45% | — |
| 2018 | 6.15% | 4.56% | — |
| 2017 | 6.18% | 3.52% | — |
| 2016 | 5.89% | 3.75% | — |
| 2015 | 5.85% | 3.36% | — |
| 2014 | 6.32% | 5.16% | — |
| 2013 | 6.49% | 5.14% | — |
| 2012 | 6.77% | 5.61% | 4.25% |
| 2011 | 7.40% | 4.33% | — |
| 2010 | 8.17% | 5.28% | — |
| 2009 | 8.43% | 6.89% | 8.30% |
| 2007 | 7.87% | 5.28% | — |
| 2005 | 7.74% | 6.85% | — |
Rent as a Fraction of Income
Using median household income data for Cheshire County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Cheshire County, median monthly gross rent as a fraction of median household income was 17.16% in 2019 according to the ACS.
Cheshire County New Hampshire Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| New Hampshire | 17.66% | +0.22% | +0.30% |
| Cheshire County NH | 17.16% | -1.09% | -0.92% |
Trends in Cheshire County NH Rent as a Fraction of Income
The fraction of median Cheshire County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 22.84%. Since then it has fallen by 5.68% to 17.16%.
Fraction of Income towards Rent: Cheshire County NH, New Hampshire, US
Historical Data for Annual Rent as a Fraction of Income in Cheshire County New Hampshire
| Date | US | New Hampshire | Cheshire County NH |
|---|---|---|---|
| 2019 | 20.03% | 17.66% | 17.16% |
| 2018 | 20.50% | 17.44% | 18.25% |
| 2017 | 20.13% | 17.53% | 18.47% |
| 2016 | 20.43% | 17.36% | 18.08% |
| 2015 | 20.63% | 17.36% | 18.49% |
| 2014 | 20.89% | 17.93% | 19.70% |
| 2013 | 20.78% | 18.59% | 20.10% |
| 2012 | 20.65% | 18.34% | 20.31% |
| 2011 | 20.70% | 17.99% | 19.27% |
| 2010 | 20.50% | 18.70% | 22.84% |
| 2009 | 20.12% | 18.19% | 20.55% |
| 2007 | 18.66% | 17.16% | 18.47% |
| 2005 | 18.89% | 18.05% | 17.78% |
Renter Fraction in Cheshire County New Hampshire
You can calculate the renter fraction in Cheshire County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Cheshire County as a fraction of total Cheshire County households. In 2019 32.47% of households were renters according to Census ACS data.
Cheshire County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| New Hampshire | 29.04% | +0.34% | -0.85% |
| Cheshire County NH | 32.47% | +1.53% | -1.10% |
Trends in the Cheshire County NH Renter Fraction
The Cheshire County household renter fraction peaked in in 2016 at 33.57% and is now 1.10% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Cheshire County NH, New Hampshire, US
History of Cheshire County Renter Fraction
| Date | US | New Hampshire | Cheshire County NH |
|---|---|---|---|
| 2019 | 35.89% | 29.04% | 32.47% |
| 2018 | 36.05% | 28.70% | 30.94% |
| 2017 | 36.13% | 30.20% | 30.10% |
| 2016 | 36.88% | 29.89% | 33.57% |
| 2015 | 36.97% | 29.15% | 29.05% |
| 2014 | 36.90% | 29.78% | 30.95% |
| 2013 | 36.50% | 29.85% | 28.40% |
| 2012 | 36.09% | 29.14% | 27.19% |
| 2011 | 35.42% | 28.54% | 30.71% |
| 2010 | 34.65% | 28.32% | 32.44% |
| 2009 | 34.13% | 27.46% | 26.38% |
| 2007 | 32.80% | 25.89% | 27.86% |
| 2005 | 33.10% | 27.00% | 26.76% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Rent
- / New Hampshire
- / Cheshire County
