Why Live in Farmington
Farmington, New Hampshire, is a rural town known for its historical charm and picturesque landscapes. Once dubbed "The Shoe Capital of New Hampshire," Farmington now features a mix of historic buildings and shops in its downtown area, surrounded by quiet country lanes and forests. The town showcases a variety of home styles, including Colonial, Saltbox, Victorian, Traditional, and ranch-style houses, many dating back to the 18th and 19th centuries. Homes closer to downtown are on narrow streets with large lots, while those further out offer natural scenery and waterfront views on Baxter Lake. Flooding can be a concern due to the Cocheco River, although improvements have reduced the risk. Farmington features several outdoor recreation options, such as the Farmington Country Club golf course, Blue Job Mountain State Forest with hiking trails and fire towers, and Baxter Lake for boating and fishing. Dining options include three pizzerias and The Farmer’s Kitchen diner. The town's schools have average ratings, with Valley View Community School, Henry Wilson Memorial School, and Farmington Senior High School serving local students. Farmington is about 50 miles from Manchester and 17 miles from Wentworth-Douglas Hospital, with bus services available to nearby cities.
Frequently Asked Questions
How much does it cost to rent a home in Farmington, NH?
The median rent for a home in Farmington, NH is $1,600 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Farmington, NH?
To comfortably afford the median rent in Farmington, NH, a household needs to earn roughly $64,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,600 per month in Farmington, NH, renters typically need to show $4,800 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Farmington, NH?
In Farmington, NH, the price-to-rent ratio is 22.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
There are currently 3 homes available for rent in Farmington, NH. The median rent is $1,600 per month, with single-family homes renting at $1,700, townhouses at $1,750 and condos at $1,625.
Number of Homes for Rent
3
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Median Single Family Home Rent
$1,700
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Median Townhouse Rent
$1,750
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