The Residence at 1000 Elm
1000 Elm St,
Manchester, NH 03101
1-3 Beds | $2,185 - $3,230
Rental Market Trends in Manchester, NH
What is the average rent in Manchester, NH?
$1,775/month
Average Rent
640 Sq Ft
Average Apartment Size
+2.2%
Increase in the Last Year
As of July 2025, the average rent in Manchester, NH is $1,775 per month. For comparison, the national average rent price in the US is currently $1,636/month, which means Manchester rent prices are 8% higher than the national average. When you rent an apartment in Manchester, you can expect to pay about $1,373 per month for a studio, $1,775 for a one-bedroom apartment, and around $2,176 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,548 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 increased by 2.2%, which averages out to $39 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Manchester, NH
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
5%
$700 - $1,000/month
30%
$1,001 - $1,500/month
31%
$1,501 - $2,000/month
33%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Manchester?
Based on current rent prices, Straw-Smyth, Northwest Manchester and Oak Brook 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, Warehouse District, Gaslight District and Amoskeag Millyard Historic District 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, Amoskeag Millyard Historic District and Cultural District .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Manchester, NH?
Because the average rent in Manchester is $1,775, you’ll want to make about $5,916 per month or $70,992 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.
Cost of Living
The cost of living in Manchester, NH is 12.0% higher than the national average. Generally, housing in Manchester is 17.5% more expensive than the national average, with rent falling between $1,373 - $2,548. You can expect to pay 0.3% less for groceries, 14.4% more for utilities, and 5.3% more for transportation.
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
$1,124/month
-
One Bedroom
$1,642/month
-
Two Bedroom
$1,653/month
-
Three Bedroom
$2,258/month
-
Nearby City Rent Trends
Apartment communities in Manchester we think you'll love
Property Management Companies in Manchester, NH
Brady Sullivan Properties
-
32
Communities
-
4,346
Units
-
18
Cities
8 Communities in Manchester
Elm Grove Companies
-
12
Communities
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991
Units
-
6
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5 Communities in Manchester
Forest Properties
-
27
Communities
-
4,779
Units
-
22
Cities
4 Communities in Manchester
Avise Properties
-
10
Communities
-
856
Units
-
8
Cities
4 Communities in Manchester
Bozzuto
-
389
Communities
-
117,730
Units
-
156
Cities
2 Communities in Manchester
Jones Street Investment Partners
-
27
Communities
-
6,382
Units
-
23
Cities
2 Communities in Manchester
Princeton Properties
-
29
Communities
-
5,690
Units
-
21
Cities
2 Communities in Manchester
Greystar
-
3,263
Communities
-
907,656
Units
-
841
Cities
1 Community in Manchester
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.