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These days, finding an affordable place to live in the Manchester area can be challenging. Home prices in Manchester are now at a median cost of $371,059, lower than the New Hampshire average of $417,591.
The average cost of rent is $1,639/mo in Manchester, primarily driven by the current value of real estate in the Manchester area. In Manchester, 51.03% of households rent, and 35.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Manchester is $7,586 per month. Households that rent pay about 21.61% of their income on rent here. Manchester’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bedford, NH: higher priced homes
- Severance, NH: higher priced homes
- Martin, NH: equally priced homes
- Hooksett, NH: equally priced homes
- Goffstown, NH: equally priced homes
- Auburn, NH: higher priced homes
- North Londonderry, NH: higher priced homes
- East Merrimack, NH: less expensive homes
- Dunbarton, NH: higher priced homes
- Candia, NH: higher priced homes
Cities with Similar Populations
- Pittsburgh, PA: less expensive homes
- Pomona, CA: higher priced homes
- Plant City, FL: less expensive homes
- Poinciana, FL: less expensive homes
- Plantation, FL: higher priced homes
- Palm Bay, FL: less expensive homes
- Pasco, WA: equally priced homes
- Owensboro, KY: less expensive homes
- Parma, OH: less expensive homes
- Pacoima, CA: higher priced homes
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