Top City Searches in New Hampshire
New Hampshire: The Granite State
Home to 1,377,529 residents, New Hampshire is the 10th-smallest state by population and fifth-smallest state by area in the nation. Concord serves as the state capital, while Manchester remains the most populated. New Hampshire is known for its mountains and forests, making it a popular destination for outdoor recreation.
New Hampshire also has a thriving arts and culture scene. There are several museums in the state, such as the Children's Museum of New Hampshire
, the Currier Museum of Art
, the Strawbery Banke Museum, and the American Independence Museum
. The Northeastern Ballet Theatre
, the New Hampshire Philharmonic Orchestra
, the Peterborough Players
, and the Barnstormers Theatre
are some of the performing arts companies based in the Granite State.
Aside from that, New Hampshire also hosts a number of events and festivals. Many county fairs take place here, including the renowned Hopkinton State Fair. The state is also the location of the New Hampshire Highland Games. Colleges and universities in New Hampshire include Dartmouth College
, the University of New Hampshire
, and Southern New Hampshire University
Other attractions include Mount Washington
, Franconia Notch State Park
, Cranmore Mountain Resort
, Gunstock Mountain Resort
, and Loon Mountain Resort
Examining New Hampshire's Rental Market
New Hampshire's housing market is currently booming. Despite the pandemic, the median sale price
for a home in this state is $370,000. This represents a whopping 13.5% year-over-year growth. Compared to other states, New Hampshire has fewer renters, though it's still nothing to scoff at. In fact, renters make up 28.9% of the state's population.
Image via towncharts.com
Landlords can earn above-average returns in New Hampshire. In 2019, the state's median rent was $1,147, whereas the national median at the time was $1, 097. Rent in New Hampshire has been steadily climbing since 2016.
Image via deptofnumbers.com
In terms of finding tenants, landlords won't have too much difficulty. The state vacancy rate in 2019 was 4.45%, much lower than the national rate of 5.97% in the same year.
Beyond that, the landlord-tenant laws in New Hampshire make it a relatively favorable environment to landlords. The state boasts a lack of rent control and few restrictions on fees.
How New Hampshire Property Management Services Can Help
There is no arguing that New Hampshire has a good rental market. The Granite State attracts many new residents looking for homes to rent, making it a lucrative investment location for property investors. However, buying a rental home is just the start.
As a rental property owner, you need to perform a variety of responsibilities. You have to do everything from advertising your property to taking calls from tenants. For someone with little to no time or experience, property management can definitely get too demanding. If you can't manage it alone, a New Hampshire rental management company can step in.
A professional company can save you the trouble of rental property management. What can a rental management company do for you?
- Advertise your listing
- Find you tenants
- Screen potential tenants
- Show the property to applicants
- Draw up lease agreements
- Enforce lease terms
- Set and collect rent
- Maintain the property
- Make necessary repairs
- Answer tenant concerns
- Process evictions if needed
- And more!
Looking for Property Management in New Hampshire?
Finding a property management company in New Hampshire can be difficult if you don't know where to begin. Rental Choice aims to make the process easier for rental property owners like you. Using our online directory, you can search for property management companies in your city or state. Trust that our online database only lists reliable and experienced companies to help you manage your rental property.