Portsmouth-Rochester Fair Market Rent FY 2023 Portsmouth-Rochester, NH HUD Metro FMR Area Rental Data

Fair Market Rent prices in Portsmouth-Rochester are very high compared to the national average. This FMR area is more expensive than 96% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Portsmouth-Rochester is $1,563 per month.

The previous year, rent for a two-bedroom home was $1,399 per month. This is a 11.72% increase year-over-year.

This FMR rate applies to Newton Junction, NH, West Nottingham, NH, East Derry, NH, North Salem, NH, Milton Mills, NH, Rye Beach, NH, New Castle, NH, Madbury, NH, Newfields, NH, Hampton Falls, NH and other cities within the region. The Metro Code or CBSA code for this region is METRO14460MM6450.

Additionally, This Fair Market Rent (FMR) area Portsmouth-Rochester, NH HUD Metro FMR Area spans twenty-nine counties or cities in New Hampshire which ares listed in the table below. Estimated population of Portsmouth-Rochester, NH HUD Metro FMR Area FMR area is 235,208 people based on latest Census data.

Compared to the rest of New Hampshire, the Portsmouth-Rochester FMR area is more expensive than 66% of the state.

Median Rent Prices in Portsmouth-Rochester

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: