New Hampshire, known as the "Granite State," is where breathtaking natural beauty, rugged coastline, and welcoming communities await. Dive into the state's rich cultural heritage by visiting the New Hampshire Historical Society and exploring the mysterious ancient ruins of America's Stonehenge, or broaden your horizons at esteemed institutions such as Dartmouth College and the University of New Hampshire. A diverse economy fueled by manufacturing, technology, and tourism propels New Hampshire forward, providing residents with a wide range of employment opportunities.

The state is a year-round paradise for outdoor enthusiasts, with the White Mountains providing a plethora of winter sports like skiing and snowboarding and lush forests for hiking and fishing during the summer. Also, visit world-famous attractions like the White Mountain National Forest, the Mount Washington Auto Road, the Squam Lakes Natural Science Center, and the charming city of Portsmouth, known for its lovely architecture and historic seaport.

With its unique blend of natural splendor and strong economy, New Hampshire is the perfect place to call home for those who seek a different northern experience and an active outdoor lifestyle.

Rental Market Trends

Hanover, NH

As of July 2025, Hanover's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hanover's average rent is 7.1% ($152) higher than the New Hampshire average of $2,138 and 29.0% ($515) higher than the U.S. average of $1,775.

Average Rent

$2,290

Monthly ChangeMonth Over Month Change

7.1% ($174)

Yearly ChangeYear Over Year Change

46.2% ($724)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,179	0.5% ($10)	42.8% ($653)
2 Beds	$2,495	8.8% ($240)	42.2% ($741)
3 Beds	$3,209	10.5% ($376)	27% ($682)

Nearby Cities	Average Rent	Avg. Rent vs. HanoverAverage Rent vs. Hanover	Avg. Days on MarketAverage Days on Market
Lebanon	$2,142	6.5% ($148)	25 days
West Lebanon	$1,610	29.7% ($680)	28 days
Enfield	$1,483	35.2% ($807)	30 days
White River Junction	$1,916	16.3% ($374)	35 days
Quechee	$2,496	9% ($206)	29 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Hanover Rental Market FAQs

Explore rental prices, market trends, and availability in Hanover, NH.

What is the average rent in Hanover, NH?

The average rent in Hanover, NH is $2,290 per month.

What is the rental price range for homes in Hanover, NH?

Homes in Hanover typically rent for between $1,525 and $4,172 per month, with an average of $2,290 per month.

What is the average rent for different bedroom sizes in Hanover, NH?

In Hanover, the average rent for a 1-bedroom home is $2,179 per month, for a 2-bedroom home, $2,495 per month, and a 3-bedroom home is $3,209 per month.

How do rent prices in Hanover, NH compare with the national average?

The average rent in Hanover is 29% ($515) higher than the national average of $1,775 per month.

How have rent prices in Hanover, NH changed recently?

The average rent in Hanover has decreased by 7.1% ($174) in the last month and increased by 46.2% ($724) over the past year.

How competitive is the rental market in Hanover, NH?

The rental market in Hanover, NH, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Hanover, NH?

In Hanover, NH, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Hanover, NH?

There are currently 4 rental properties available in Hanover, NH.

Can I afford to rent a home in Hanover, NH?

Based on the current averages, a household would need an annual income of $99,800 to comfortably afford a 2-bedroom home in Hanover.