Whether you’re a student, a young professional, or someone seeking a more budget-friendly place to live, New Hampshire is full of beautiful and affordable towns to call home. Let’s explore six of the cheapest places to live in New Hampshire, highlighting what makes them so appealing through their largest employers and top affordable attractions.
1. Hudson
Average rent: $1,335
With an average rent of $1,335, Hudson is full of affordable housing options. One-bedroom apartments average $1,400, while two-bedroom apartments are $1,269. The affordability here makes it a great choice for families and young professionals alike.
One of Hudson’s largest employers is the homegrown Benchmark Electronics. For a fun day out and about, visit Benson Park, a large community park perfect for walking and soaking up the sun. The Hills House Museum offers a glimpse into the area’s history and is free to the public.
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2. Concord
Average rent: $1,357
Concord has an average rent of $1,357, with studio apartments starting at $1,117. One-bedroom apartments in Concord are available for $1,405, and two-bedroom apartments for $1,550. These rates make Concord an attractive option for those seeking affordable housing in the capital city.
Concord is home to employers like Concord Hospital and Lincoln Financial Group. Free and cheap attractions include the beautiful trails at White Park and the fascinating exhibits at the New Hampshire Historical Society.
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3. Rochester
Average rent: $1,392
Rochester boasts a reasonable average rent of $1,392. Studios in Rochester will run you about $1,075, one-bedroom apartments average $1,400, and two-bedroom apartments sit around $1,700. You can find reasonably priced housing options that cater to various needs, whether you’re looking for a cozy studio or a spacious two-bedroom.
Noteworthy employers in Rochester include Frisbie Memorial Hospital and Safran Aerospace Composites. If you’re in town checking out apartments, make a plant to catch a show at the Rochester Opera House. Other great affordable options in town include Hanson Pines and the Rochester Museum of Fine Arts.
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4. Claremont
Average rent: $1,500
Claremont’s average rent of $1,500 makes it one of the cheaper options in New Hampshire. One-bedroom apartments in Claremont average $1,600 and two-bedroom apartments $1,400, offering good value for larger spaces.
In Claremont, you’ll find significant employers like Valley Regional Healthcare and Red River Computer Company. Locals love the freedom to easily enjoy outdoor activities at Moody Park, or see a show at the Claremont Opera House for local performances.
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5. Manchester
Average rent: $1,611
Boasting an average rent of $1,611, Manchester offers affordable living in the state’s largest city. Studio apartments are a steal at $950, with one-bedroom apartments at $1,777 and two-bedroom apartments at $2,105.
The city is a hub for major employers like Elliot Hospital and Southern New Hampshire University. The Currier Museum of Art is free on select days and it never costs a dime to take a scenic stroll along the Manchester Riverwalk.
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6. Keene
Average rent: $1,980
Keene’s average rent of $1,980 brings it to the edge of our affordability list. Studio apartments average $1,765, one-bedroom apartments $1,980, and two-bedroom apartments $2,195. This charming town offers a mix of historical and modern living at competitive prices.
Keene is home to Keene State College, which provides tons of quality jobs and contributes to the town’s cool college town vibe. For entertainment, we recommend a day on the Cheshire Rail Trail or a visit to Central Square for its quaint shops and free community events. The Horatio Colony Museum provides a uniquely Keene experience at no cost.
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Methodology
All cities must have over 10,000 residents per the US Census and have an average rent price under the median rent price for the state – which is $1,987 per month according to Redfin data. Average rental data from Rent.com July 2024.