States › New Hampshire › Newmarket

Is Newmarket, NH expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,9169% higher than U.S. average
💵 Families earn per year (2026)$94,041about $7,837/month · 8% higher than U.S. average
🔑 House price$423,50027% higher than U.S. average

Rent is higher than in 64% of U.S. cities. A typical house costs about 4.5 years of household income. Most households rent (63%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $76,640 a year. That is $37 an hour at a full-time job.

Is rent cheaper than other New Hampshire cities?

No. Rent here is more expensive than in most of New Hampshire. It is number 14 of 26 cities from cheapest to most expensive.

Newmarket
$1,916
Hooksett
$1,998
South Hooksett
$1,623
Suncook
$1,204
East Merrimack
$2,574
Hudson
$1,986
Hanover
$3,199

How much do households earn in Newmarket?

Under $25k
9.3%
$25k–50k
16.9%
$50k–100k
37.4%
$100k–150k
22.3%
$150k+
10.8%

Share of households by yearly income. 33.1% of households earn $100,000 or more.

Rent by apartment size in Newmarket

SizeNewmarketU.S. average
1 bedroom$1,568$1,324
2 bedrooms$1,935$1,509
3 bedrooms$2,263$1,698

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

How expensive is Newmarket 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 Newmarket, so the New Hampshire figure is shown.

Taxes and bills in Newmarket

🏛️ Property tax$7,929a year · 1.87% of home value · U.S. $3,119
⚡ Electric bill$121a month (typical) · U.S. $156

Life in Newmarket

Commute to work28.7 minU.S.: 26.4 min
College degree48.9%U.S.: 35.7%
Own their home37.1%U.S.: 65.2%
Below poverty line6.9%U.S.: 12.5%
Unemployment1.1%U.S.: 5.2%

Is it cheaper to rent or buy in Newmarket?

Renting is cheaper right now: about $1,023 a month less.

Renting
$1,916
Owning
$2,939

Owning assumes a typical $423,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,350 for the down payment.

Frequently asked questions

What is the average rent in Newmarket, NH?

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

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

To keep rent under 30% of income, you need about $76,640 a year, or $37 an hour at a full-time job.

Is Newmarket cheap or expensive?

Newmarket is rated OK: rent takes 24.4% of the typical household income of $94,041. It ranks 14th cheapest of 26 New Hampshire cities we track.

How much are property taxes in Newmarket?

The median homeowner in Newmarket pays $7,929 a year in property taxes, about 1.87% of the median home value.

Is Newmarket 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 Newmarket?

The median home value in Newmarket is $423,500, about 4.5 times the typical yearly household income.

5,679 people live in Newmarket. Numbers are typical (middle) values.