Average Rent in Nashua, NH↑ Rents rising 5.3% YoY🔺 2nd priciest in NH

Nashua, NH has rental prices ranging from $1,559/month to $3,170/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,804/month — 29% above the national average of $1,400/month. With a median household income of $100,436/year, spending $1,804/month on a 1-bedroom represents 22% of gross income — within the recommended 30% threshold.

How Nashua Compares

With an average 2-bedroom rent of $2,239/month, Nashua ranks #2 most expensive of the 12 cities tracked in New Hampshire — pricier than 98% of all US cities in our data.

The Nashua Rental Market

The Nashua, NH area has a population of about 424,732 and 33% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Nashua, NH have risen by $112/month (5.3%) over the past year, from $2,127 to $2,239. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Nashua, NH without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $72,160. The local median household income of $100,436 exceeds that threshold by $28,276, making Nashua relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Nashua, NH is $503,469, giving a price-to-rent ratio of 18.7. With a break-even horizon of approximately 19 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Is Nashua, NH Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Nashua?

Break-even analysis and mortgage estimates based on local market data.

Living in Nashua

Cost of living, job market, crime rates, and moving cost estimates.