Manchester, NH Rental Market Trends

Highlights

The average rent for an apartment in Manchester is $1,259, a 1% increase compared to the previous year, when the average rent was $1,245.

Studio apartments in Manchester rent for $843 a month, while 1-bedroom apartments ask on average $1,123 a month; the average rent for a 2-bedroom apartment is $1,324.

Average Rent in Manchester, NH

Last updated Oct 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,259 $843 $1,123 $1,324 $1,532
Y-o-Y Change 1% 4% 3% n/a 4%
Average Apartment Size 839 sq. ft. 444 sq. ft. 670 sq. ft. 926 sq. ft. 1,551 sq. ft.

The average size for a Manchester apartment is 839 square feet, but this number varies greatly depending on apartment type. A studio averages 444 sq. ft., while a one-bedroom apartment offers a more generous square footage: 670. 2-bedroom apartments in Manchester have an average size of 926 sq. ft.

Manchester, NH Apartment Rent Ranges

  • $501-$70032%
  • $701-$1,00037%
  • $1,001-$1,50031%

Manchester, NH Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Oct / 2018 $1,259 $843 $1,123 $1,324 $1,532
Jan / 2018 $1,259 $843 $1,124 $1,322 $1,532
Sept / 2017 $1,247 $860 $1,124 $1,308 $1,410
May / 2017 $1,245 $815 $1,094 $1,317 $1,471
Jan / 2017 $1,226 $824 $1,094 $1,288 $1,475
Sept / 2016 $1,210 $690 $1,065 $1,277 $1,451
May / 2016 $1,198 $689 $1,054 $1,261 $1,491
Jan / 2016 $1,164 $656 $1,037 $1,221 $1,400
Sept / 2015 $1,136 $663 $1,006 $1,196 $1,296
May / 2015 $1,132 $677 $1,003 $1,190 $1,354
/

Average Rent in Manchester, NH By Neighborhood

Bakersville
$1,416
Downtown Manchester
$1,306
North End Manchester
$1,195
Straw - Smyth
$1,195
Wellington
$1,195
Corey Square
$1,187
Hanover Hill
$1,187
Eaton Heights
$1,184
Youngsville
$1,184
Goffes Falls
$1,144
Highlands
$1,144
Kalivas Union
$1,144
Lower South Willow
$1,144
Somerville
$1,144
South End Manchester
$1,144
Hallsville
$1,134

The most affordable neighborhoods in Manchester are Hallsville, where the average rent goes for $1,134/month, Goffes Falls, where renters pay $1,144/mo on average, and Highlands, where the average rent goes for $1,144/mo. If you’re looking for other great deals, check out the listings from Kalivas Union ($1,144), Lower South Willow ($1,144), and Somerville ($1,144), where the asking prices are below the average Manchester rent of $1,259/mo.

The most expensive neighborhoods in Manchester are Wellington ($1,195), Downtown Manchester ($1,306) and Bakersville ($1,416).

Manchester | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Bakersville is 19% higher than in Corey Square

$1,416

Bakersville rent is 13% higher than Manchester average

All rentals $1,416
Studio $946
1 Bed $1,285
2 Beds $1,522
3 Beds $1,922
$1,187

Corey Square rent is 6% lower than Manchester average

All rentals $1,187
Studio $729
1 Bed $1,042
2 Beds $1,227
3 Beds $1,519

How Does Manchester Compare to Nearby Cities

Average Rent Y-o-Y Change
Nashua $1,439 0%
Manchester $1,259 1%
Milford $1,102 -2%
East Merrimack $1,458 2%
Goffstown $1,036 2%

For more information about the Manchester rental trends, check out our monthly rent report

Cheapest Listings on RENTCafé

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Manchester apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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