Rental Market Trends in Penacook, NH
What is the average rent in Penacook, NH?
$1,565/month
Average Rent
600 Sq Ft
Average Apartment Size
+4.8%
Increase in the Last Year
As of January 2025, the average rent in Penacook, NH is $1,565 per month. For comparison, the national average rent price in the US is currently $1,553/month, which means Penacook rent prices are 1% higher than the national average. When you rent an apartment in Penacook, you can expect to pay about per month for a studio, $1,565 for a one-bedroom apartment, and around $1,736 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
How much has average rent changed in Penacook, NH?
In the past year, rent has increased by 4.8%, which averages out to $75 more per month.
What salary do I need to live comfortably in Penacook, NH?
Because the average rent in Penacook is $1,565, you’ll want to make about $5,216 per month or $62,592 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Penacook, NH compare to other nearby cities and neighborhoods?
Use the tool below to compare Penacook, NH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.