Manchester
New Hampshire · Ranked #332 of 373 metros
38Crisis
💡
Housing in Manchester costs 4.15× the median income, below the national average of 4.5×. The median home price is $430K and median rent is $1,668/month. Manchester ranks #332 of 373 metros for affordability.
Median Home Price
🏠$430K
Need $126K income
Median Rent
🔑$1,668
Need $60K income
Housing Shortage
📉8,000
units needed
Building Permits
🔨3,000
annual
Median Income
💰$104K
Pop: 421,937
Rent Burden
⚠️31.5%
of renters paying >30%
Price Change (YoY)
📈+5.5%
Homeownership
🏡68.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Manchester | National |
|---|---|---|
| Price-to-Income Ratio | 4.15x | 6.1x |
| Rent Burden | 31.5% | 31.5% |
| Homeownership Rate | 68.0% | 65.5% |
| YoY Price Change | +5.5% | +3.5% |
| YoY Rent Change | +4% | +2.8% |
| Mortgage Denial Rate | 11.5% | 13.5% |
| Eviction Rate | 3.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +75.8%Since 2000: +211.1%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,404/mo
1 Bedroom$1,552/mo
2 Bedroom$2,037/mo
3 Bedroom$2,442/mo
4 Bedroom$2,697/mo
Zillow Market Data
Home Value (ZHVI)
$506K
1yr: +2.6%5yr: +46.3%
Rent (ZORI)
$2,085/mo
1yr: +3.5%5yr: +40.3%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$540K
Active Inventory
286
Days on Market
30
Sold Above List
57.4%
Price Drops
11.2%