Average Rent in Nashua, NH↑ Rents rising 8.7% YoY🔺 Most expensive in NH

Nashua, NH has rental prices ranging from $1,458/month to $2,999/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,621/month — 16% above the national average of $1,400/month. With a median household income of $100,436/year, spending $1,621/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Nashua Compares

With an average 2-bedroom rent of $2,126/month, Nashua ranks #1 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 $170/month (8.7%) over the past year, from $1,956 to $2,126. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

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 $64,840. The local median household income of $100,436 exceeds that threshold by $35,596, making Nashua relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Nashua, NH is $513,782, giving a price-to-rent ratio of 20.1. With a break-even horizon of approximately 20 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.