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Tue July 9, 2013
Report Shows Slight Increase In Rental Costs
The average rental price in New Hampshire stands at just over $1,000 per month, including utilities. That's up about a percentage point from last year.
The numbers come from New Hampshire Housing’s annual survey completed in April.
Communications Director Jane Law says high foreclosure rates in recent years have forced more people into the rental market, driving up cost.
"So those households have to go somewhere," says Law. "Some of them have already been absorbed by the rental market. Some were actually living with relatives, may have moved to other states. But it does put pressure on the rental market."
There is wide variation in the market, depending on where you live. Coos County has the lowest rents in the state, where a two-bedroom unit runs $650. In Rockingham County, renters can expect to pay nearly twice that much.