The Residence at 1000 Elm
1000 Elm St,
Manchester, NH 03101
1-3 Beds | $2,090 - $3,230
Rental Market Trends in Manchester, NH
What is the average rent in Manchester, NH?
$1,693/month
Average Rent
655 Sq Ft
Average Apartment Size
-0.3%
Decrease in the Last Year
As of January 2025, the average rent in Manchester, NH is $1,693 per month. For comparison, the national average rent price in the US is currently $1,553/month, which means Manchester rent prices are 9% higher than the national average. When you rent an apartment in Manchester, you can expect to pay about $1,357 per month for a studio, $1,693 for a one-bedroom apartment, and around $2,079 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,488 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Manchester, NH?
In the past year, rent has decreased by 0.3%, which averages out to $5 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Manchester, NH
Last Updated January 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
7%
$700 - $1,000/month
32%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
28%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Manchester?
Based on current rent prices, Youngsville, Highlands Manchester and Southside Manchester are the most affordable neighborhoods in Manchester.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Manchester?
Based on current rent prices, Downtown Manchester, Piscataquog and Wolfe Park are the most expensive neighborhoods in Manchester.
Neighborhood
Average Rent
Average Sq Ft
Which Manchester neighborhoods have the most rentals available?
The neighborhoods in Manchester with the most apartments available are Downtown Manchester, Northwest Manchester and Bakersville .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Manchester, NH?
Because the average rent in Manchester is $1,693, you’ll want to make about $5,643 per month or $67,716 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Manchester, NH compare to other nearby cities and neighborhoods?
Use the tool below to compare Manchester, NH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,853/month
$1,506/month
One Bedroom
$1,806/month
$1,829/month
Two Bedroom
$2,037/month
$2,505/month
Three Bedroom
$1,802/month
$2,712/month
Nearby City Rent Trends
Apartment communities in Manchester we think you'll love
Property Management Companies in Manchester, NH
Brady Sullivan Properties
-
28
Communities
-
3,889
Units
-
18
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6 Communities in Manchester
Elm Grove Companies
-
11
Communities
-
928
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5
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Forest Properties
-
26
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4,751
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22
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4 Communities in Manchester
Avise Properties
-
10
Communities
-
856
Units
-
8
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4 Communities in Manchester
Bozzuto
-
355
Communities
-
108,997
Units
-
150
Cities
2 Communities in Manchester
Jones Street Investment Partners
-
25
Communities
-
6,422
Units
-
23
Cities
2 Communities in Manchester
Princeton Properties
-
29
Communities
-
5,640
Units
-
22
Cities
2 Communities in Manchester
Willow Bridge
-
676
Communities
-
184,199
Units
-
310
Cities
1 Community in Manchester
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.