The Residence at 1000 Elm
1000 Elm St,
Manchester, NH 03101
1-3 Beds | $2,150 - $3,230
Rental Market Trends in Manchester, NH
Updated August 2026
The average rent in Manchester, NH is $1,763/month.
Rent in Manchester is roughly equal to the national average rent of of $1,664/month.
$1,763/month
Average Rent
646 Sq Ft
Average Size
+0.9%
Change / Year
1,140
Available Apartments
Manchester rent varies by unit size and layout:
- Studio apartments in Manchester average $1,450 per month.
- One-bedroom apartments in Manchester average $1,763 per month.
- Two-bedroom apartments in Manchester average $2,125 per month.
- Three-bedroom apartments in Manchester average $2,614 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Manchester, NH?
In the past year, rent has increased by 0.9%, which averages out to $17 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Manchester, NH
August 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
7%
$700 - $1,000/month
20%
$1,001 - $1,500/month
34%
$1,501 - $2,000/month
38%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Manchester?
Based on current rent prices, Wellington Manchester, Straw-Smyth and North End 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, Bakersville, Downtown Manchester and Northwest Manchester 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 Northwest Manchester, Downtown Manchester and North End Manchester .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Manchester, NH?
Because the average rent in Manchester is $1,763, you’ll want to make about $5,876 per month or $70,512 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 10.3% higher than the national average. Generally, housing in Manchester is 16.1% more expensive than the national average, with rent falling between $1,450 - $2,614. You can expect to pay 0.4% less for groceries, 15.6% more for utilities, and 3.8% 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.
View the Manchester Area GuideStudio
-
$1,882/month
One Bedroom
$1,650/month
$2,201/month
Two Bedroom
$1,945/month
$2,549/month
Three Bedroom
$2,100/month
$3,255/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Bedford
Avg Rent: $2,289/month
-
Hooksett
Avg Rent: $2,121/month
-
Londonderry
Avg Rent: $2,306/month
-
Litchfield
Avg Rent: $1,699/month
-
Goffstown
Avg Rent: $2,068/month
-
Merrimack
Avg Rent: $2,368/month
-
Derry
Avg Rent: $1,970/month
Apartment Communities in Manchester We Think You'll Love
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Frequently Asked Questions
What is the average rent in Manchester?
The average rent in Manchester is $1,763 per month, which is 5.9% higher than the national average of $1,664.
What is the average rent for a townhome in Manchester?
The average rent for a townhome in Manchester, NH is $2,078 per month.
What is the average rent for a condo in Manchester?
The average rent for a condo in Manchester, NH is $1,838 per month.
Are rents going up or down in Manchester?
Rents in Manchester, NH are increasing, with prices up 0.9% year-over-year and $17 more per month.
What rent range is most common in Manchester?
In Manchester, NH, 38% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.