Department of Numbers

Rockingham County New Hampshire Residential Rent and Rental Statistics

The median monthly gross residential rent in Rockingham County NH was $1,220 in 2017 according to the Census ACS survey.1 Average gross rent in Rockingham County was $1,269 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Rockingham County median and average rent data will be released in September of 2019.

Data is also available below for Rockingham County rental vacancy rates, Rockingham County rent as a percent of median income and the fraction of renters in Rockingham County.

Show dollars as: Nominal Real

Real Gross Rent in Rockingham County New Hampshire (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
New Hampshire Median Gross Rent $1,072 +2.88% +5.30%
Rockingham County NH Median Gross Rent $1,220 +9.81% +7.30%

Rockingham County NH Real Gross Rent Trends

At $1,220, real median gross rent in Rockingham County was at its highest level in 2017 since the series began in 2005. At $1,269, real average gross rent in Rockingham County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Rockingham County NH Median, Rockingham County NH Average, New Hampshire Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Rockingham County

Date US
Median
New Hampshire
Median
Rockingham County NH
Median
Rockingham County NH
Average
2017 $1,012 $1,072 $1,220 $1,269
2016 $996 $1,042 $1,111 $1,123
2015 $987 $1,046 $1,180 $1,215
2014 $956 $1,018 $1,137 $1,159
2013 $924 $1,016 $1,135 $1,122
2012 $912 $998 $1,095 $1,129
2011 $912 $984 $1,085 $1,064
2010 $927 $1,031 $1,095 $1,118
2009 $931 $1,015 $1,150 $1,152
2008 $947 $1,050 $1,157 $1,139
2007 $899 $1,016 $1,138 $1,163
2006 $909 $1,025 $1,160 $1,162

Rockingham County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Rockingham County New Hampshire was 3.31% according to Census ACS data.

Rental Vacancy Rate in Rockingham County New Hampshire

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
New Hampshire 3.52% -0.23% -1.64%
Rockingham County NH 3.31% +1.94% +0.12%

Trends in Rockingham County NH Rental Vacancy Rate

The rental vacancy rate in Rockingham County peaked in 2008 at 8.80%. Since then it has fallen by 5.49% to 3.31%. Data records for this series originated in 2005. From a 2016 post peak low of 1.37%, the rental vacancy rate has increased by 1.94%.

Rental Vacancy Rate: Rockingham County NH, New Hampshire, US

Rental vacancy rate in New Hampshire

Historical Rental Vacancy Rate data for Rockingham County

Date US New Hampshire Rockingham County NH
2017 6.18% 3.52% 3.31%
2016 5.89% 3.75% 1.37%
2015 5.85% 3.36% 3.21%
2014 6.32% 5.16% 3.19%
2013 6.49% 5.14% 3.77%
2012 6.77% 5.61% 2.27%
2011 7.40% 4.33% 4.08%
2010 8.17% 5.28% 5.55%
2009 8.43% 6.89% 7.46%
2008 7.86% 5.84% 8.80%
2007 7.87% 5.28% 5.86%
2006 7.70% 5.23% 7.32%

Rent as a Fraction of Income

Using median household income data for Rockingham County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Rockingham County, median monthly gross rent as a fraction of median household income was 16.37% in 2017 according to the ACS.

Rockingham County New Hampshire Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
New Hampshire 17.53% +0.17% -0.40%
Rockingham County NH 16.37% +0.30% -0.30%

Trends in Rockingham County NH Rent as a Fraction of Income

The fraction of median Rockingham County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 17.83%. Since then it has fallen by 1.46% to 16.37%. From a 2015 low of 15.65%, the fraction of income going to rent has increased by 0.72%.

Fraction of Income towards Rent: Rockingham County NH, New Hampshire, US

Percent of median household income going towards median monthly gross rent in Rockingham County New Hampshire

Historical Data for Annual Rent as a Fraction of Income in Rockingham County New Hampshire

Date US New Hampshire Rockingham County NH
2017 20.13% 17.53% 16.37%
2016 20.43% 17.36% 16.06%
2015 20.63% 17.36% 15.65%
2014 20.89% 17.93% 16.67%
2013 20.78% 18.59% 17.83%
2012 20.65% 18.34% 16.62%
2011 20.70% 17.99% 16.36%
2010 20.50% 18.70% 16.39%
2009 20.12% 18.19% 17.79%
2008 19.00% 17.21% 15.92%
2007 18.66% 17.16% 15.79%
2006 18.90% 17.31% 16.51%

Renter Fraction in Rockingham County New Hampshire

You can calculate the renter fraction in Rockingham 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 Rockingham County as a fraction of total Rockingham County households. In 2017 24.30% of households were renters according to Census ACS data.

Rockingham County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
New Hampshire 30.20% +0.31% +0.42%
Rockingham County NH 24.30% +0.95% -0.28%

Trends in the Rockingham County NH Renter Fraction

The Rockingham County household renter fraction peaked in in 2012 at 24.67% and is now 0.37% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Rockingham County NH, New Hampshire, US

Fraction of renters in Rockingham County

History of Rockingham County Renter Fraction

Date US New Hampshire Rockingham County NH
2017 36.13% 30.20% 24.30%
2016 36.88% 29.89% 23.35%
2015 36.97% 29.15% 22.40%
2014 36.90% 29.78% 24.58%
2013 36.50% 29.85% 23.79%
2012 36.09% 29.14% 24.67%
2011 35.42% 28.54% 23.32%
2010 34.65% 28.32% 22.12%
2009 34.13% 27.46% 22.03%
2008 33.36% 27.67% 21.36%
2007 32.80% 25.89% 19.57%
2006 32.73% 27.92% 21.80%

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.