Counties / New Hampshire / Rockingham County

Rockingham County, NH

FIPS 33015 · population 319,082 · part of Boston, MA

$637k
Zillow home value · 2026-06
Direct county rent answer

What does rent cost in Rockingham County, NH?

The latest county-level Zillow ZORI is $2,563 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

County Zillow ZORI$2,5632026-06 · up 2.2% year over year
County ACS gross rent$1,687ACS 2024 5-year · occupied-renter survey
HUD two-bedroom FMR$2,270FY2026 · administrative standard
HUD Fair Market Rent by bedroom count in Rockingham County
BedroomsHUD monthly FMRGeographyMeasurement boundary
Studio$1,565Rockingham County, NHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
1 bedroom$1,730Rockingham County, NHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
2 bedrooms$2,270Rockingham County, NHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
3 bedrooms$2,722Rockingham County, NHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.
4 bedrooms$3,006Rockingham County, NHHUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent.

Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26

The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$637k
▲ 3.0% year over year
Zillow ZHVI · direct
Median asking rent
$2,563
▲ 2.2% year over year
Zillow ZORI · direct
Gross yield
4.8%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$2,270
market rent is 1.13x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+62.1%not annualized · through 2025
0%ZILLOW ZHVI2026-06+3.0%FHFA HPI2025+4.5%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-08-02.
Owner-reported value$498k
Surveyed gross rent$1,687
Rent burden 30%+50.3%
Median year built1983
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
7.4%vacant
137,794estimated housing units
Occupied tenure21.6% renter
owner 78.5%renter 21.6%
Structure mix72.8% single-family
Single-family 72.8%20+ units 8.0%Mobile home 4.4%Other 14.8%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs157,372▲ 0.2% from the prior annual release
Covered establishments11,801annual average reporting locations
Average weekly wage$1,465▲ 3.6% from the prior annual release
Largest private supersectorTrade, transportation, and utilities26.1% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.2%WEEKLY WAGE+3.6%Trade, transportation, and utilities26.1%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

Resident income

How local income has compounded

BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.

Per-capita personal income19692024
Per-capita personal income history for Rockingham CountyA line chart of annual BEA per-capita personal income from 1969 through 2024.$0k$55k$110k196919972024$4k$100k
Nominal annual dollars; not adjusted for inflation. A rising line can reflect wage, business-income, transfer-income and investment-income changes together.
Renter affordability

Who carries the heaviest rent burden

HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.

Share of renter households in each income band2018-2022
Renter cost burden by HAMFI income band in Rockingham CountyFive horizontal bars show moderate and severe housing cost burden shares among renter households in each HUD income band.0%25%50%75%100%At or below 30% HAMFI5,24579.1% burdened30–50% HAMFI4,68072.8% burdened50–80% HAMFI5,96544.3% burdened80–100% HAMFI3,63015.8% burdenedAbove 100% HAMFI7,4704.7% burdened
Moderate: >30% to 50%Severe: >50%
Each percentage uses HUD’s published subtotal for that income band. For disclosure, HUD keeps 0 as 0, publishes 1–7 households as 4 and rounds 8 or more to the nearest 5. Independently rounded categories can differ from their displayed sum and are not forced into a percentage.
Direct local rental evidence

Recent leases and rental-market liquidity in Rockingham County, NH

These Apartment List observations match the exact county Census code 33015. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.

Direct recent-lease rent history

Monthly overall-rent index; missing observations are not filled from another geography.

$1,863$1,714$1,5652021-082026-07
Recent-lease rent$1,8092026-07 · -1.7% year over year
Rental vacancyn/an/a
Time on marketn/an/a
County brief

What the local evidence says

01Decision frame

Rockingham County’s tension is a high entry value relative to a limited published gross-income return: Zillow’s county observation reports a $636,840 median home value, $2,563 monthly median asking rent and 4.83% gross yield before costs. The case merits investigation by buyers able to underwrite parcel-level expenses and rent comparables; it warrants caution where carrying costs or flood exposure cannot be verified. These are county-level measures, not a statement about Boston or any neighborhood.

02Housing economics

Zillow’s price rose 2.97% year over year while its asking rent rose 2.18%, so the published gross-yield calculation has not been helped by rent outpacing price. The effective property-tax rate is 1.58%, a carrying-cost input that cannot be matched mechanically to a county median value. HUD’s two-bedroom FMR is reported separately as a payment standard, not a market-rent estimate and not an alternate yield input. FHFA’s annual repeat-transaction HPI increased 4.54%; it supports positive price direction but is neither a home value nor the same vintage or method as Zillow.

03Demand & competition

Annual QCEW shows 157,372 covered jobs at county workplaces and a $1,465 average weekly wage; Trade, transportation, and utilities is the largest disclosed private supersector, not a description of the whole county economy. It does not measure resident employment or unemployment. Realtor.com’s MLS snapshot has 683 active listings and a 12.15% price-reduced share: visible supply and seller concessions, not closed-sale pricing or proof of buyer demand. Tax-return migration is net positive by 402 households, with average in-mover income $31,271 above out-mover income. Investor purchase mortgages account for 4.74% of 3,397 reported purchases, limiting what this countywide purchase set says about direct competition.

04Risk & next checks

Inland flood is the dominant hazard, while modeled climate loss equals 0.13% of building value per year; this is a county model, not a parcel-specific insurance loss. Flood-zone status, elevation, coverage, deductibles and insurance quotes are not published, so hazard pricing cannot be placed in an operating statement. Vacancy, lease terms, operating costs, property condition, submarket rent comparables and closed-sale comparables are also absent; they prevent a net-yield, lease-up and exit-price conclusion.

County ZIP rental landscape

How asking rent and renter pressure vary inside Rockingham County, NH

This view uses 8 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.

Selected ZIP range$2,200$2,921Zillow asking-rent index
Monthly spread$721highest minus lowest selected ZIP
Observed burden range42.1%54.3%ACS renter households paying 30%+
Renter households covered21,237across the selected ZCTAs
01 · ASKING RENT LADDERDirect ZIP ZORI
Horizontal bars compare Zillow asking-rent indexes across the selected direct-evidence ZIP set.03801$2,92103053$2,62603079$2,59103842$2,55603833$2,43403857$2,39003038$2,35703874$2,200
02 · PRESSURE MATRIXRent × observed burden
Each point is one selected ZIP and ZCTA match. Horizontal position is Zillow asking rent and vertical position is the ACS renter cost-burden share.56.8%52.5%48.2%43.9%39.6%0380103038030790383303857038420305303874Zillow asking-rent index →ACS burden share →
03 · BENCHMARK GAPZORI vs HUD 2BR
Bars show the percentage difference between the Zillow blended asking-rent index and the local HUD two-bedroom standard. Their housing universes differ.03801+126.4%03053+113.6%03079+112.1%03842+110.6%03833+105.3%03857+103.4%03038+102.0%03874+95.2%
WHAT THE LOCAL DISTRIBUTION SAYS

For the selected direct-evidence ZIP/ZCTA matches in Rockingham County, Zillow’s ZORI, a typical observed asking-rent index, spans $2,200 to $2,921: a $721 spread around a $2,495 median. The county ZORI is $2,563. The decision is therefore not to treat the county figure as a quote, but to determine whether a household’s target bedroom count and actual listings can fit nearer the lower end of the observed range or require a higher current asking-rent level. The endpoints define budget-screening alternatives, not a ranking of locations or properties.

Zillow should be compared with, not merged into, the ACS 2024 five-year ZCTA survey estimates and HUD standards. In the selected ZCTAs, ACS median gross rent runs from $1,513 to $1,872, while the county estimate is $1,687; this survey measure is neither a current ZORI level nor a listing quote. HUD’s bedroom-specific administrative two-bedroom standard is $2,311 in every displayed ZIP and $2,270 for the county, rather than an asking-rent measure. The Zillow-to-HUD ratios range from 95.2% to 126.4%, a benchmark comparison that does not turn FMR into market rent or establish the affordability of a particular unit.

The ACS burden and vacancy measures add a distinct trade-off. The renter-household share spending at least 30% of income on rent ranges from 42.1% to 54.3% across the selected ZCTAs, compared with 50.3% countywide. ACS vacancy is more dispersed, from 3.2% to 23.4%, against 7.4% for the county. The matched ZCTA for ZIP 03842 is the high endpoint on both measures; the ZIP’s $2,556 ZORI implies $102,240 in annual income at a 30% rent share, above that ZCTA’s $95,422 ACS median household income. That is an aggregate budget reference, not a renter-income distribution or applicant qualification test; likewise, vacancy does not directly count available long-term rentals or demonstrate price concessions.

Coverage and crosswalk rules constrain this comparison. The full eligible direct-ZORI ZIP/ZCTA match set is displayed, representing 21,237 renter households, but the selected direct-evidence set is not an exhaustive county ZIP inventory. Each displayed ZIP is assigned to Rockingham County using its largest HUD residential-address share, which ranges from 99.7% to 100.0%; ZIPs may nonetheless cross county lines. Census ZCTAs are statistical areas, not USPS delivery ZIPs. Before selecting a property, confirm the listing’s current rent, bedroom count, fees and included costs, lease and availability terms, physical address, and county assignment. Apply the relevant HUD bedroom standard only when that administrative benchmark is appropriate.

Selected ZIP evidence

Keep each source universe visible

All 8 eligible direct-evidence ZIP profiles are shown.

ZIP / ZCTAZillow asking rentACS gross rentHUD 2BRBurden 30%+VacancyIncome screenHUD county share
03801$2,921$1,872$2,31148.7%4.0%$117k100.0%
03038$2,357$1,547$2,31147.2%9.3%$94k100.0%
03079$2,591$1,625$2,31142.1%8.1%$104k99.7%
03833$2,434$1,871$2,31152.4%6.0%$97k100.0%
03857$2,390$1,671$2,31144.2%3.4%$96k100.0%
03842$2,556$1,641$2,31154.3%23.4%$102k100.0%
03053$2,626$1,838$2,31144.5%3.2%$105k100.0%
03874$2,200$1,513$2,31145.6%10.0%$88k100.0%
READ BEFORE USING

Zillow ZORI is a typical observed asking-rent index, while the ACS county and ZCTA numbers are five-year survey estimates. HUD FMR is a bedroom-specific administrative standard rather than asking rent. Differences in timing, geography, and construction preclude combining these measures into one rent estimate.

ZIP assignment uses the largest HUD residential-address county share, but ZIPs may cross county lines and Census ZCTAs do not exactly match USPS delivery ZIPs. The displayed direct-evidence set covers all eligible matches in this packet, not every county ZIP, property, or listing.

SOURCE LEDGERCensus ACS 5-year — county housing value, tenure and stockACS 2024 5-year · pulled 2026-07-30Census ACS five-year — ZCTA housing and incomeACS 2024 5-year ZCTA · pulled 2026-08-08HUD Fair Market Rents — Section 8 standardFY2026 FMR · pulled 2026-07-26HUD-USPS ZIP-to-county residential-address crosswalkHUD-USPS 2026Q1 · pulled 2026-08-09Zillow ZHVI and ZORI — county values and rentscounty ZHVI/ZORI 2026-06 · pulled 2026-07-26Zillow ZORI — ZIP market rentsZORI ZIP 2026-06 · pulled 2026-08-08
Cities & communities

Where people live within Rockingham County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Portsmouth city22.5KDerry CDP21.3KLondonderry CDP12.2KHampton CDP10.1KExeter CDP10KNewmarket CDP5.7KRaymond CDP3.6KEpping CDP2.8K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

11 Census places

Population
  1. 01
    Portsmouth cityIncorporated place
    22,545
  2. 02
    Derry CDPCensus-designated place
    21,339
  3. 03
    Londonderry CDPCensus-designated place
    12,225
  4. 04
    Hampton CDPCensus-designated place
    10,101
  5. 05
    Exeter CDPCensus-designated place
    9,964
  6. 06
    Newmarket CDPCensus-designated place
    5,679
  7. 07
    Raymond CDPCensus-designated place
    3,645
  8. 08
    Epping CDPCensus-designated place
    2,796
  9. 09
    Hampton Beach CDPCensus-designated place
    2,605
  10. 10
    Seabrook Beach CDPCensus-designated place
    1,001
  11. 11
    Newfields CDPCensus-designated place
    294

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.134% of building value expected lost per year

Effective property tax1.58%

$7,839 median annual bill

02
DemandIRS SOI household flows
Net migration+402

9,763 in · 9,361 out

Arriving vs leaving income+$31,271

$124,229 arriving · $92,958 leaving

03
CompetitionHMDA financed purchases
Purchases by investors4.7%

161 of 3,397 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings683▲ 13.1% year over year
Median days on market38▲ 4.2% year over year
Listings price-reduced12.2%seller-concession signal
Median listing pricen/a▲ 2.4% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Boston, MA

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Rockingham County319,082$637k$2,5634.8%inland flooding
Middlesex County1,638,365$833k$3,2604.7%inland flooding
Essex County813,054$737k$2,6324.3%inland flooding
Suffolk County785,121$763k$3,4235.4%inland flooding
Norfolk County730,082$786k$2,9704.5%inland flooding
Plymouth County535,075$662k$2,7545.0%inland flooding
Strafford County132,575$519k$2,1645.0%inland flooding
Bear case

What can break the county thesis

  1. Parcel flood exposure and insurance terms may differ materially from the county-level climate model.
  2. Published gross yield may not translate into net income because vacancy, expenses and property condition are not published.
  3. MLS listings and tax-return migration do not establish closed-sale pricing, lease-up performance or neighborhood-level demand.
Underwriting questions

Before pricing a property

Is the HUD two-bedroom FMR a market-rent estimate?

No. It is a payment standard, while the record separately reports median asking rent.

What does the QCEW employment figure measure?

Annual covered jobs at workplaces in the county, not resident employment or unemployment.

Which missing evidence prevents a net-yield conclusion?

Vacancy, lease terms, operating costs, insurance quotes, property condition and property-level tax information are not published.