States › New Hampshire › Derry

Is Derry, NH expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7761% higher than U.S. average
💵 Families earn per year (2026)$98,869about $8,239/month · 14% higher than U.S. average
🔑 House price$391,20018% higher than U.S. average

Rent is higher than in 56% of U.S. cities. A typical house costs about 4.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $71,040 a year. That is $34 an hour at a full-time job.

Is rent cheaper than other New Hampshire cities?

Yes. Rent here is cheaper than in most of New Hampshire. It is number 10 of 26 cities from cheapest to most expensive.

Derry
$1,776
Portsmouth
$2,405
Keene
$1,500
Laconia
$1,866
Lebanon
$2,023
Rochester
$2,176
Dover
$2,373

How much do households earn in Derry?

Under $25k
9.1%
$25k–50k
19.6%
$50k–100k
31.8%
$100k–150k
24.4%
$150k+
11.9%

Share of households by yearly income. 36.2% of households earn $100,000 or more.

Rent by apartment size in Derry

SizeDerryU.S. average
Studio$615$1,338
1 bedroom$1,502$1,324
2 bedrooms$1,843$1,509
3 bedrooms$2,597$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Derry overall?

Everyday prices in New Hampshire overall are 4% above the U.S. average (index 104.2, U.S. = 100).

Housing
115
Goods (food, clothes…)
99
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Derry, so the New Hampshire figure is shown.

Taxes and bills in Derry

🏛️ Property tax$7,278a year · 1.86% of home value · U.S. $3,119
⚡ Electric bill$157a month (typical) · U.S. $156

Life in Derry

Commute to work29.3 minU.S.: 26.4 min
College degree36.7%U.S.: 35.7%
Own their home59.1%U.S.: 65.2%
Below poverty line4.4%U.S.: 12.5%
Unemployment3.2%U.S.: 5.2%

Is it cheaper to rent or buy in Derry?

Renting is cheaper right now: about $938 a month less.

Renting
$1,776
Owning
$2,714

Owning assumes a typical $391,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,120 for the down payment.

Frequently asked questions

What is the average rent in Derry, NH?

Renting in Derry costs a median of about $1,776 a month in 2026, including utilities. The New Hampshire median is $1,916.

How much do I need to make to live in Derry?

To keep rent under 30% of income, you need about $71,040 a year, or $34 an hour at a full-time job.

Is Derry cheap or expensive?

Derry is rated OK: rent takes 21.6% of the typical household income of $98,869. It ranks 10th cheapest of 26 New Hampshire cities we track.

How much are property taxes in Derry?

The median homeowner in Derry pays $7,278 a year in property taxes, about 1.86% of the median home value.

Is Derry more expensive than the national average?

Overall prices in New Hampshire are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Derry?

The median home value in Derry is $391,200, about 4.0 times the typical yearly household income.

21,339 people live in Derry. Numbers are typical (middle) values.