Manchester, NH Rental Market Trends

Highlights

The average rent for an apartment in Manchester is $1,247, a 3% increase compared to the previous year, when the average rent was $1,210.

Studio apartments in Manchester rent for $860 a month, while 1-bedroom apartments ask on average $1,124 a month; the average rent for a 2-bedroom apartment is $1,308.

Average Rent in Manchester, NH

Last updated Apr 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,247 $860 $1,124 $1,308 $1,410
Y-o-Y Change 3% 25% 6% 2% -3%
Average Apartment Size 837 sq. ft. 444 sq. ft. 672 sq. ft. 925 sq. ft. 1,169 sq. ft.

The average size for a Manchester apartment is 837 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: 672. 2-bedroom apartments in Manchester have an average size of 925 sq. ft.

Manchester, NH Apartment Rent Ranges

  • $701-$1,00020%
  • $1,001-$1,50065%
  • $1,501-$2,00014%
  • > $2,0001%

Manchester, NH Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Apr / 2018 $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
Jan / 2015 $1,100 $661 $984 $1,152 $1,316
/

Average Rent in Manchester, NH By Neighborhood

Bakersville
$1,415
Downtown Manchester
$1,293
North End Manchester
$1,183
Straw - Smyth
$1,183
Wellington
$1,183
Corey Square
$1,175
Hanover Hill
$1,175
Eaton Heights
$1,174
Youngsville
$1,174
Goffes Falls
$1,137
Highlands
$1,137
Kalivas Union
$1,137
Lower South Willow
$1,137
Somerville
$1,137
South End Manchester
$1,137
Hallsville
$1,132

The most affordable neighborhoods in Manchester are Hallsville, where the average rent goes for $1,132/month, Goffes Falls, where renters pay $1,137/mo on average, and Highlands, where the average rent goes for $1,137/mo. If you’re looking for other great deals, check out the listings from Kalivas Union ($1,137), Lower South Willow ($1,137), and Somerville ($1,137), where the asking prices are below the average Manchester rent of $1,247/mo.

The most expensive neighborhoods in Manchester are Wellington ($1,183), Downtown Manchester ($1,293) and Bakersville ($1,415).

Manchester | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Bakersville is 20% higher than in Corey Square

$1,415

Bakersville rent is 13% higher than Manchester average

All rentals $1,415
Studio $966
1 Bed $1,290
2 Beds $1,513
3 Beds $1,922
$1,175

Corey Square rent is 6% lower than Manchester average

All rentals $1,175
Studio $769
1 Bed $1,040
2 Beds $1,216
3 Beds $1,389

How Does Manchester Compare to Nearby Cities

Average Rent Y-o-Y Change
Manchester $1,247 3%
Nashua $1,461 4%
Milford $1,124 2%
East Merrimack $1,415 2%
Goffstown $1,039 6%

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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