Rent vs Buy in Nashua, NH
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Rent and buy are roughly balanced in Nashua, NH
Price-to-rent ratio is 20.1 (under 15 favors buying, over 21 favors renting). Renting costs $2,126/mo; owning runs about $3,834/mo — $1,708/mo more to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 6.95% rate) | $2,721 |
| Property tax | $471 |
| Home insurance | $214 |
| Maintenance | $428 |
| Total to own | $3,834 |
| Average 2BR rent | $2,126 |
Based on a median home value of $513,782 with a $102,756 down payment. Owning also builds equity over time, which a monthly comparison doesn't capture. Estimates use national averages for taxes, insurance and maintenance — your actual costs will vary.