Mortgage payment estimates, closing cost breakdowns, and homebuying data for Berlin, New Hampshire.
Median Home Price
$165K
Population
10K
Avg Monthly Rent
$850
Property Tax Rate
2.09% *
* Property tax shown is the New Hampshire state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Berlin.
Berlin vs New Hampshire Median
The median home price in Berlin is $165,000, which is 62% below the New Hampshire state median of $430,000.
Mortgage Calculator — Berlin, NH
Pre-filled with Berlin median home price and New Hampshire tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $165K home using New Hampshire's 2.09% tax rate and $1,400/yr insurance.
5% Down
$1,486/mo
Down: $8,250
Loan: $157K
P&I: $991
Tax: $287
Insurance: $117
PMI: $91
10% Down
$1,429/mo
Down: $16,500
Loan: $149K
P&I: $939
Tax: $287
Insurance: $117
PMI: $87
20% Down (No PMI)
$1,238/mo
Down: $33,000
Loan: $132K
P&I: $834
Tax: $287
Insurance: $117
Income needed (28% rule): $53K/year with 20% down, $61K/year with 10% down.
Rent vs Buy in Berlin
Rent
$850/mo
vs
Buy (10% down)
$1,429/mo
Price-to-rent ratio: 16.2 — A ratio between 15-20 means the rent vs buy decision in Berlin depends heavily on your timeline. If you plan to stay 5+ years, buying likely wins. For shorter stays, renting preserves flexibility.
The median home price in Berlin is $165,000, 62% below the New Hampshire state median of $430,000. With a population of 10,051, Berlin is a smaller market where home prices tend to be more accessible than in many parts of New Hampshire.
Property taxes in New Hampshire average 2.09% annually. This higher-than-average tax rate means a $165,000 home in Berlin would carry roughly $287/month in property taxes alone — plan accordingly. Homeowners insurance in New Hampshire runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Berlin is $850/month. The price-to-rent ratio in Berlin is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Berlin offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with New Hampshire's NHHFA Home Flex Plus program.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Berlin.