Real Estate Investing in Milan, New Hampshire

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

1 ZIP codes • Population: 1,674 • Coos County

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

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
  • High vacancy: 33.8% of homes vacant — above national norms.

What’s happening in Milan, NH?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.2% 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 $279,175
Avg Monthly Rent $1,332
ZIP Codes 1

Investing in Milan Real Estate

Across Milan's 1 ZIPs, the picture is muted: $279K median values, $1,332/mo rents, and a population that has faced real economic pressure.

The investment case for Milan is difficult to make on screen data alone. less favorable for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

The $1,332/mo / $279K relationship in Milan looks sluggish once vacancy and capex are incorporated into underwriting. appears to the realized yield tends to disappoint.

The 0% renter share in Milan masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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 Berlin, NH

Milan 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
$279,175
Avg Monthly Rent
$1,332
1% Rule
✗ Below
Landlord Friendly (NH)

📉 Market Crash Risk Index

Based on Berlin, NH metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Berlin, NH metro
0
Days to pending
8.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Milan, NH

Screen every ZIP in Milan

Filter Milan’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 Milan, NH

How strong is Milan, NH for real estate investors?

Milan, NH rates 3.0/5 for investability. With median values at $279K and rents near $1,332/mo, the market offers reasonable fundamentals for rental investors.

What is the best play in Milan, NH?

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

What do rentals go for in Milan, NH?

Rental rates in Milan, NH average $1,332/mo. Tenant demand and $279K home values make the yield look reasonable by investor standards.

Is it easy to find good tenants in Milan, NH?

The renter base in Milan, NH is reasonable for the $1,332/mo price point. Screening well and pricing to market typically yields measured tenants.

Do rentals sit vacant long in Milan, NH?

Expect elevated vacancy in Milan, NH. Rents at $1,332/mo are absorbed by the tenant base without meaningful lag.

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