Rent vs. Buy in Belknap County, NH

Should you rent or buy in Belknap County? Here are the numbers.

Median Home Price

$295,900

Median Rent

$1,153/mo

Price-to-Rent Ratio

21.4x

Homeownership Rate

77.1%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$1,496
Property Tax$392
Insurance$99

Total Monthly$1,987

Renting

Monthly Rent$1,153
Renter's Insurance$25

Total Monthly$1,178

In Belknap County, buying costs approximately $834/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Belknap County, New Hampshire

Belknap County in New Hampshire has a median household income of $80,719 and an effective property tax rate of 1.6%. With a price-to-rent ratio of 21.4x, renting may be more cost-effective in the short term.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in New Hampshire

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.