Real Estate Investing in Keene, New Hampshire

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 25,035 • Cheshire County

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Should you buy in Keene, NH? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.9% vacancy may signal weakening demand.

What’s happening in Keene, NH?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

8.8% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $359,459
Avg Monthly Rent $1,763
ZIP Codes 1

Investing in Keene Real Estate

Keene (New Hampshire) spans 1 ZIPs and roughly a sizable population. firmly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Investors considering Keene, NH should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

clearly Keene's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

A an established population with $N/AK household income profile is what makes Keene a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Keene, NH

Keene is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Keene, NH. Anonymous, moderated, never written by AI.

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Avg Home Value
$359,459
Avg Monthly Rent
$1,763
1% Rule
✗ Below
Landlord Friendly (NH)

📉 Market Crash Risk Index

Based on Keene, NH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
37%
Days Pending
0/2
40 days

View all metro crash risk rankings →

⚖️ Balanced Market — Keene, NH metro
40
Days to pending
8.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Keene

3 Colleges 3,906 Students 8 Off-Campus Renters
C+
Keene State College
4-Year Public · 2,846 students
C
Keene Beauty Academy
Vocational For-Profit · 93 students
D
Antioch University-New England
4-Year Private · 967 students

ZIP Codes in Keene, NH

Screen every ZIP in Keene

Filter Keene’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Keene, NH

Is Keene, NH a smart market for rental property?

Keene, NH clocks in at an investability rating of 3.0/5, with median home values near $359K and average rents around $1,763/mo. That combination puts it in the durable tier for investor interest.

Do landlords face vacancy issues in Keene, NH?

Keene, NH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What is the average monthly rent in Keene, NH?

Investors in Keene, NH typically see rents near $1,763/mo per month against $359K home values - a solid setup for rental cash flow.

Are tenants stable in Keene, NH?

The tenant pool in Keene, NH is solid, supported by local employment and population fundamentals. Rents of $1,763/mo are well-absorbed by the market.

What approach is best for Keene, NH real estate?

For Keene, NH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

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