New Report Shows Extraordinarily Low Inventory, High Demand, High Prices in NH Rental Market

FOURTH, THEY CAN ALSO BE INJURED FROM THE HEAT ONLY.”> TONIGHT THOUSANDS OF HOMES AND BUSINESSES WITHOUT GRANITE STATERS REMAIN UNMATCHED QUOTES – JUST TO KEEP A ROOF ON THEIR HEADS. THEIR NEW REPORT ON NEW HAMP STATE RENTAL MARKET THE MEDIA RENT SUSPENDED UP TO 15-HUNDRED-84 DOLLARS A MONTH FOR A TWO BEDROOM APARTMENT -PERCENT VACANCY IN NEW HAMPSHIRE?IT’S ZERO-FIVE PERCENT.<01:50 IT MEANS IT'S VERY DIFFICULT TO FIND THAT AVAILABLE AND WHEN THAT MEANS IT VERY DIFFICULT TO SECURE THAT APARTMENT BECAUSE THE COSTS L

New Report Shows High Demand, Prices With Extraordinarily Low Inventory in New Hampshire’s Rental Market

Granite Staters make unprecedented sacrifices to keep a roof over their heads. The New Hampshire Housing report on the New Hampshire rental market shows that the median rent for a two-bedroom apartment ran to 1,584 a month — if you can find a spot. A healthy rental market should have about 5% vacancy. In New Hampshire, it’s 0.5%. “It means that it is very difficult to find an apartment that is available. And if you do, it means it’s very hard to secure that apartment, because the costs are probably higher than you’d expect to pay, and it’s going to go very quickly,” said Rob Dapice, executive director of New Hampshire Housing. A two-bedroom apartment, a New Hampshire tenant must earn 113% of estimated statewide rental income, which is more than $63,000 a year. Dapice said he doesn’t see prices falling in the future, even if the stock crisis slightly less The report said New Hampshire will need an additional 20,000 units to meet current demand.

Granite Staters make unprecedented sacrifices to keep a roof over their heads.

The New Hampshire Housing report on the New Hampshire rental market shows that the average rent rose to 1,584 per month for a two-bedroom apartment — if you can find a place.

A healthy rental market should have about 5% vacancy.

In New Hampshire, it’s 0.5%.

“It means that it is very difficult to find an apartment that is available. And if you do, it means it’s very hard to secure that apartment, because the costs are probably higher than you’d expect to pay, and it’s going to go very quickly,” said Rob Dapice, executive director of New Hampshire Housing. .

To afford a two-bedroom apartment, a New Hampshire tenant must earn 113% of statewide estimated rental income, which is over $63,000 per year.

Dapice said he doesn’t see prices falling in the future, even if the inventory crisis eases slightly.

The report said New Hampshire needs an additional 20,000 units to meet current demand.

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