Manchester, NH Rental Market Trends
What is the average rent in Manchester?
The average rent for an apartment in Manchester is $1,685. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Manchester, NH
| Average Rent | Average Apartment Size |
|---|---|
| $1,685 | 862 sq. ft. |
What is the average apartment size in Manchester?
The average size for a Manchester, NH apartment is 862 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Manchester, NH Apartment Rent Ranges
Manchester, NH Occupied Housing Units
21,785 or 46% of the households in Manchester, NH are renter-occupied while 25,454 or 53% are owner-occupied.
Manchester, NH Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Manchester, NH | $1,361 | $1,341 | $1,391 | $1,393 | $1,420 | $1,421 | $1,436 | $1,493 | $1,589 | $1,646 | $1,685 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Manchester, NH By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Bakersville | $1,893 |
| Downtown Manchester | $1,782 |
| Mast Road | $1,733 |
| Northwest Manchester | $1,733 |
| Notre Dame | $1,733 |
| Piscataquog | $1,733 |
| Rimmon Heights | $1,733 |
| Wolfe Park | $1,733 |
| Goffes Falls | $1,607 |
| Highlands | $1,607 |
| Kalivas Union | $1,607 |
| Lower South Willow | $1,607 |
| Somerville | $1,607 |
| South End Manchester | $1,607 |
| Corey Square | $1,558 |
| Hanover Hill | $1,558 |
| North End Manchester | $1,549 |
| Straw - Smyth | $1,549 |
| Wellington | $1,549 |
| Eaton Heights | $1,532 |
| Youngsville | $1,532 |
| Hallsville | $1,527 |
| Crystal Lake | $1,455 |
| Green Acres | $1,455 |
| Southeast Manchester | $1,455 |
What are the most affordable neighborhoods in Manchester?
The most affordable neighborhoods in Manchester are Crystal Lake, where the average rent goes for $1,455/month, Green Acres, where renters pay $1,455/mo on average, and Southeast Manchester, where the average rent goes for $1,455/mo. If you’re looking for other great deals, check out the listings from Hallsville ($1,527), Eaton Heights ($1,532), and Youngsville ($1,532), where the asking prices are below the average Manchester rent of $1,685/mo.
What are the most expensive neighborhoods in Manchester?
The most expensive neighborhoods in Manchester are Wolfe Park ($1,733), Downtown Manchester ($1,782) and Bakersville ($1,893).
What are the most popular neighborhoods in Manchester?
The most popular neighborhood in Manchester is Downtown Manchester, where there are 7 verified RentCafe listings with an average rent of $1,782. Next up is Northwest Manchester, where apartments go for $1,733/month, followed by Somerville with $1,607 If you’re looking to rent in Manchester’s most popular neighborhoods, make sure to also check out Straw - Smyth, where renters pay $1,549 on average, and Wellington, where the average monthly rent is $1,549.
Manchester | Rent Comparison by Neighborhood
Rent in Bakersville is 21% higher than in Corey Square
Bakersville rent is 12% higher than Manchester average
| Average Rent | $1,893 |
|---|
Corey Square rent is 8% lower than Manchester average
| Average Rent | $1,558 |
|---|
How Manchester Compares to Other Cities
| City | Average Rent |
|---|---|
| Boston | $3,634 |
| Cambridge | $3,399 |
| Manchester | $1,685 |
| Lowell | $1,935 |
| Nashua | $1,896 |
| Malden | $2,330 |
| Waltham | $2,705 |
| Beverly | $2,220 |
| Woburn | $2,302 |
| Lawrence | $1,799 |
| Burlington | $2,510 |
| Haverhill | $1,854 |
| Dover | $1,392 |
| Portsmouth | $1,889 |
Most Popular Apartments in Manchester
Residences At Manchester Place
1200 Elm Street, Manchester, NH 03101- 1 BED
- 2 BEDS
- 3 BEDS
- $2,155+
- $2,420+
- Ask for pricing
Lofts At Mill West
195 Mcgregor Street, Manchester, NH 03102- Studio
- 1 BED
- 2+ BEDS
- Ask for pricing
- Ask for pricing
- $1,655+