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Housing

Home prices and rent in Manchester

Median home values, rents and incomes from the U.S. Census Bureau, compared with New Hampshire and the U.S.

Census geography: Manchester city, Hillsborough County, New Hampshire. These survey estimates are not current listing prices.

Median home value$365,600+74% since 2014
Median rent$1,564/mo+56% since 2014
Household income$81,007Home value is 4.5× income
Owner-occupied homes49%52,108 homes

Manchester vs. New Hampshire and the U.S.

ManchesterNew HampshireU.S.
Median home value$365,600$402,500$332,700
Median rent (monthly)$1,564$1,491$1,413
Median household income$81,007$99,031$80,734
Homes owned by occupants49%73%65%
Median year built196619791980

Ten years of change

201420192024
Median home value$209,900$227,600$365,600
Median rent (monthly)$1,002$1,135$1,564
Median household income$55,306$60,711$81,007

Fair Market Rents (HUD, fiscal year 2027)

Manchester, NH HUD Metro FMR Area · Hillsborough County. HUD's payment benchmarks for housing programs: typical gross rent (rent plus utilities) for a recent mover, not a listing or an asking rent.

Studio$1,510/mo
1 bedroom$1,657/mo
2 bedrooms$2,168/mo
3 bedrooms$2,583/mo
4 bedrooms$2,849/mo

Large figures are the metro-area Fair Market Rent.

Income limits (HUD, fiscal year 2026)

Area median family income: $125,600. Households at or under these incomes can qualify for many housing programs; check each program's own rules.

Household size12345678
Low income (80%)$70,350$80,400$90,450$100,500$108,550$116,600$124,650$132,700
Very low income (50%)$44,000$50,250$56,550$62,800$67,850$72,850$77,900$82,900
Extremely low income (30%)$26,400$30,200$33,950$37,700$40,750$44,360$50,040$55,720

Source: U.S. Department of Housing and Urban Development, Fair Market Rents and Income Limits, checked October 18, 2026.

Questions

What is the median home value in Manchester?

$365,600, according to the Census Bureau’s 2024 American Community Survey (5-year estimates), compared with $402,500 in New Hampshire and $332,700 nationally.

How much is rent in Manchester?

Median gross rent (rent plus utilities) is $1,564 a month, versus $1,491 statewide.

How much have home values risen in Manchester?

The median home value went from $209,900 in 2014 to $365,600 in 2024 (+74%).

What is fair market rent in Manchester?

HUD's fiscal year 2027 Fair Market Rent for the Manchester, NH HUD Metro FMR Area is $1,510 for a studio, $1,657 for one bedroom and $2,168 for two bedrooms. These are HUD program benchmarks, not asking rents.

Are these current market prices?

No. They are survey medians from the Census Bureau, based on a five-year survey period, so they lag today’s listings. They are the most consistent way to compare places and track change over time.

U.S. Census Bureau, American Community Survey 5-year estimates (2014, 2019, 2024), Manchester city, Hillsborough County, New Hampshire. Values are estimates with margins of error.

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