Real Estate Investing in Lee, New Hampshire

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

1 ZIP codes • Population: 4,558 • Strafford County

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

🏠 For Homebuyers
MIXED
Grade C (59/100)

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: 9.1% vacancy may signal weakening demand.

What’s happening in Lee, NH?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.8% 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 $622,370
Avg Monthly Rent $1,593
ZIP Codes 1

Investing in Lee Real Estate

With a sizable population across 1 ZIPs, Lee shows the kind of modest fundamentals that keep most out-of-state capital on the sidelines.

Across Lee's 1 ZIPs, fundamentals run sluggish: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Rent trends and price trends in Lee are both soft, which is the uncomfortable combination that defines distressed-leaning markets in New Hampshire.

Lee's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

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 Boston-Cambridge-Newton, MA-NH

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$622,370
Avg Monthly Rent
$1,593
1% Rule
✗ Below
Landlord Friendly (NH)

ZIP Codes in Lee, NH

Screen every ZIP in Lee

Filter Lee’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 Lee, NH

What is the rental occupancy rate in Lee, NH?

Occupancy in Lee, NH runs predictable with elevated vacancy. Well-priced units at $1,593/mo lease on reasonable timelines.

Is Lee, NH a smart market for rental property?

The 3.0/5 investability rating in Lee, NH reflects its $622K prices and $1,593/mo rents. Investors generally consider it a solid option within NH.

What type of investing works in Lee, NH?

A careful cash-flow rentals with hands-on management strategy Lee, NH best. The market produces reliable results for that approach at the $622K price point.

How landlord-friendly is Lee, NH?

Landlord-friendliness in Lee, NH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

How deep is the rental pool in Lee, NH?

Expect a solid tenant pool in Lee, NH. The rental market absorbs $1,593/mo rents without meaningful friction.

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