Average rent in Concord

Average rent in Concord,NH

In regards to the average rent in Concord, NH, it is important to note the trends over the years. Firstly, in 2020, the average monthly rent was $1,246. However, in 2021, it increased slightly to $1,265. Looking ahead to 2023, projections show that the average rent will continue to rise, with an estimated monthly cost of $1,300. Despite this increase, Concord remains an affordable option compared to other cities in New Hampshire. Overall, it is crucial to be aware of these changes and plan accordingly when considering renting in Concord.

Average rent in Concord,NH for 1-bedroom

The average rent in Concord, NH for a 1-bedroom apartment is expected to increase from $1,200 in 2022 to $1,300 in 2023. This indicates a significant rise in rental prices, which calls for a comparison with previous years. In 2021, the average rent for a 1-bedroom in Concord, NH was $1,100, representing a noticeable increase of $100 in 2022. By comparison, the rental prices have gone up by $200 in 2023, indicating an even more significant increase than the previous year. Therefore, it is evident that the average rent costs in Concord, NH are continuously on the rise, leading to higher expenses for renters looking for a place to call home.

Average rent in Concord,NH for 2-bedroom

In 2023, the average rent for a 2-bedroom apartment in Concord, NH is projected to be $1,450 per month. This represents a significant increase from the previous year’s average rent of $1,300. Furthermore, it is a notable increase from the average rent of $1,200 in 2018. Clearly, there has been a consistent upward trend in the average rent of 2-bedroom apartments in Concord over the past several years. Despite this rising trend, Concord remains an attractive destination for renters due to its charming small-town feel and convenient location.

Average rent in Concord,NH for 3-bedroom

In terms of the average rent in Concord, NH for a 3-bedroom apartment, there has been a noticeable increase over the years. In 2023, the average rent for a 3-bedroom apartment is expected to reach $2,500 per month. This marks a significant bump from the previous year, which saw the rent rise up to $2,300 per month. Looking back a bit further, in 2021, the rent was only about $2,000 per month. Clearly, there has been a steady increase in the cost of rent in this area, making it more challenging for individuals and families to secure affordable housing.

Average rent in Concord,NH for studio

In comparison to previous years, the average rent in Concord, NH for a studio has gradually increased. In 2023, the average rent for a studio is predicted to be $1,200. This is a considerable increase from 2018 when the average rent for a studio was only $850.

Additionally, in 2021, the average rent was $950, which indicates a significant increase in just two years. On the other hand, the average rent for a studio in 2022 was $1,100, showing a moderate increase from the previous year. Overall, the trend of increasing average rent for a studio in Concord seems to continue in the upcoming years.

Average rent in Concord,NH for townhouse

The average rent for townhouses in Concord, NH has been steadily increasing over the years. In 2019, the average rent was $1,400 per month, which rose to $1,550 per month in 2021. Looking into the future, it is projected that the average rent for townhouses in Concord, NH will reach $1,700 per month by 2023. This is a significant increase when compared to the previous year’s numbers. However, despite this rise in rent, Concord remains an affordable place to live compared to other parts of the state.

Most expensive neighborhoods in Concord,NH

Concord, NH is a beautiful place with a unique blend of historical and modern charm. The city is home to several neighborhoods that offer residents luxurious and lavish living experiences, but these come with a hefty price tag. The most expensive neighborhoods in Concord, NH are West End, East Concord and Downtown, where median home prices are significantly higher than the rest of the city.

West End is known for its picturesque streets lined with stunning Victorian and Colonial homes, while East Concord is home to sprawling country estates. Meanwhile, Downtown attracts residents because of its cultural, entertainment, and dining scene that is hard to resist. If you want to live in one of the most expensive neighborhoods in Concord, NH, then you need to be prepared to pay top dollar for the privilege.

Most affordable neighborhoods in Concord,NH

Concord, NH is a great place to live, work and play. If you are looking for affordable neighborhoods in Concord, you have plenty of options to choose from. One of the most affordable neighborhoods is the Penacook area, which has a lower real estate cost compared to other parts of the city. Other affordable places to consider are East Concord, West End, and the North End of the city. Here, you can find homes with various sizes and styles ranging from ranch-style bungalows to large Victorian homes. Whatever neighborhood you decide to move to, you’ll be living in a charming community surrounded by natural beauty, excellent schools, and plentiful amenities.

Most popular neighborhoods in Concord,NH

Concord, New Hampshire is home to several popular neighborhoods, each with its own unique charm and appeal. One of the most sought-after neighborhoods in Concord is East Concord, known for its picturesque streets lined with grand Victorian-era homes. Another popular area is West End, offering a mix of historic single-family homes and modern apartments. Additionally, the South End features a variety of family-friendly neighborhoods and local parks. Each of these neighborhoods has a strong sense of community and offers easy access to all that Concord has to offer.

Comparison with other cities

1. New York City, NY – $4,114
2. San Francisco, CA – $3,602
3. Boston, MA – $3,175
4. Los Angeles, CA – $2,567
5. Washington, D.C. – $2,434
6. Chicago, IL – $1,982
7. Miami, FL – $1,974
8. Seattle, WA – $1,945
9. Philadelphia, PA – $1,777
10. Denver, CO – $1,719
11. Austin, TX – $1,634
12. Portland, OR – $1,541
13. Minneapolis, MN – $1,507
14. Nashville, TN – $1,400
15. Oklahoma City, OK – $1,112

FAQ

Q: What is the average rent in Concord, NH in 2023?
A: As of 2023, the average rent in Concord, NH is $1,500 per month.

Q: Has the average rent in Concord, NH increased or decreased in 2023?
A: The average rent in Concord, NH has increased by 2% from the previous year.

Q: What type of housing does the average rent in Concord, NH apply to?
A: The average rent in Concord, NH applies to all types of housing, including apartments, houses, and townhouses.

Q: Are there any areas in Concord, NH where the average rent is higher or lower?
A: The average rent in Concord, NH may vary depending on the specific area. Generally, rent in the downtown area may be higher than in the suburbs.

Q: What amenities are typically included in apartments with the average rent in Concord, NH?
A: Apartments with the average rent in Concord, NH may include amenities such as on-site laundry, parking, and 24-hour maintenance.

Q: Are utilities typically included in the average rent in Concord, NH?
A: Utilities may or may not be included in the average rent in Concord, NH. It is important to check with specific landlords or apartment complexes to determine what is included in the rent.

Q: Is it possible to find rentals below the average rent in Concord, NH?
A: It is possible to find rentals below the average rent in Concord, NH. However, these rentals may have less amenities or be located further from the downtown area.

Q: What steps can I take to find a rental within my budget in Concord, NH?
A: To find a rental within your budget in Concord, NH, consider searching for rentals on popular rental websites, working with a real estate agent, or asking for recommendations from friends or family in the area.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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