Manchester, NH Rental Market Trends
Highlights
The average rent for an apartment in Manchester is $1,425, a 2% increase compared to the previous year.
Average Rent in Manchester, NH
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,425 | 2% | 863 sq. ft. |
The average size for a Manchester, NH apartment is 863 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
- $701-$1,0002%
- $1,001-$1,50060%
- $1,501-$2,00034%
- > $2,0003%
Manchester, NH Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
20,319 or 43% of the households in Manchester, NH are renter-occupied while 25,869 or 56% are owner-occupied.
Manchester, NH Rent Trends
| Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Manchester, NH | $1,245 | $1,258 | $1,320 | $1,361 | $1,341 | $1,391 | $1,393 | $1,420 | $1,421 | $1,436 | $1,425 |
| National | $1,309 | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 | $1,392 |
How Manchester Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Boston | $3,139 | -9% |
| Cambridge | $2,967 | -7% |
| Manchester | $1,425 | 2% |
For more information about the Manchester rental trends, check out our monthly rent report
Check out New Hampshire Cities, New Hampshire Neighborhoods and New Hampshire Zip Codes for more details on verified listings, including the New Hampshire Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!