New Hampshire

Nashua, NH Rental Market

Nashua is New Hampshire's second-largest city and the closest significant NH city to the Massachusetts border — just minutes from the state line — making it the premier destination for Massachusetts workers seeking New Hampshire's zero income and sales tax advantages. The city's strong technology sector, anchored by BAE Systems, Nashua Corporation legacy operations, and a growing cluster of defense and electronics firms, provides high-income employment that supports above-average rents for New Hampshire. Nashua consistently ranks among the best places to live in the country.

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Average Rent in Nashua, NH

$1,650

per month · 2026-06

+4.0% year-over-year

Market Score

7/10

Key Facts — Nashua, NH Rental Market

  • Average rent in Nashua, NH:$1,650/mo
  • Median rent:$1,518/mo
  • Rent range:$825 – $3,650/mo
  • Most common rental (2 bedrooms):$1,450/mo
  • Active listings:420
  • Avg days to lease:27 days
  • Year-over-year change:+4.0%
  • Median home value:$395,000
  • Est. gross annual yield:5.0%
  • Data as of:2026-06

Rent by Bedroom in Nashua, NH

Average monthly rent for each bedroom type based on current active listings in Nashua.

Bedroom TypeAvg Rent/mo
1 Bedroom
$1,175/mo
2 Bedrooms
$1,450/mo
3 Bedrooms
$1,850/mo
4 Bedrooms
$2,275/mo
5 Bedrooms
$2,600/mo

Nashua Rental Market Statistics

Key indicators from the current Nashua, NH rental market.

Active Listings

420

Available now in Nashua

Avg Days on Market

27

From list to lease

Rent per Sq Ft

$1.27

Average across listings

Avg Square Footage

1,300 sq ft

Typical rental size

Rent Range

$825 – $3,650

Min to max active listings

Year-over-Year Change

+4.0%

Avg rent vs. prior year

Investing in Nashua, NH Rental Properties

Estimated returns based on current market rents and median home values. Perform full due diligence before investing.

Median Home Value

$395,000

Typical purchase price in Nashua

Est. Gross Annual Yield

5.0%

Before expenses & vacancy

Avg Monthly Income

$1,650

At average market rent

Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Nashua for a full cash-flow breakdown including all costs.

Nashua, NH Rental Market FAQ

Common questions about renting and investing in Nashua, NH.

What is the average rent in Nashua, NH?

The average rent in Nashua, NH is $1,650 per month as of 2026 — the highest in our New Hampshire coverage. One-bedroom apartments average $1,175/mo, two-bedrooms average $1,450/mo, and three-bedroom homes average $1,850/mo. South Nashua neighborhoods immediately near the Massachusetts border command the highest premium from cross-state commuters, while the Downtown Nashua arts district attracts young professional renters.

Is Nashua, NH a good place to invest in rental property?

Nashua offers a 5.0% estimated gross annual yield with 4.0% year-over-year rent growth — tied for the strongest in New Hampshire. BAE Systems, a large technology and defense employer base, and Massachusetts border spillover demand from income-tax-avoiding Boston commuters create sustained rental pressure. Median home values near $395,000 are elevated but reflect Nashua's exceptional quality-of-life rankings and proximity to Boston employment.

How competitive is the Nashua, NH rental market?

Nashua is the most competitive rental market in our New Hampshire coverage, averaging just 27 days on market across 420 active listings. South Nashua near the Massachusetts border and the Pheasant Lane Mall area see the fastest absorption, with Massachusetts-registered tenants often signing leases remotely before physically moving. Quality units near BAE Systems and the Route 3 tech corridor attract defense and technology professional tenants with excellent income qualifications.

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