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City Report · NH

Merrimack

·2nd most expensive in New Hampshire·Merrimack rents are up 6.6% over the past year
Median rent (all units)
$2,623/mo
Year-over-Year
+6.6%
Month-over-Month
+3.4%
vs US Median
+$658
Rising (Monthly)
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Most AffordableMost Expensive
Merrimack · $2,623
More expensive than 83% of US cities · National median $1,965/mo
Rent Reality Score
45/100
Fairly priced
OverheatedFairGreat value

Rents are 2% above what Merrimack's 10-year trend predicts — running hotter than its own history.

Actual rent
$2,623/mo
Expected by trend
$2,565/mo
The Rent Reality Score compares today's median rent to where Merrimack's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,670
1 BR
$1,850
2 BR
$2,430
3 BR
$3,230
4 BR+
$3,430
Research median
$2,430/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$31,476/yr
At $2,623/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.6% YoY, +3.4% MoM), not inventory.
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2023 vs 2026

How Merrimack, NH has changed in 5 years

Rent
$2,275 → $2,623
up 15.3%

Across the past five years, the going rent in Merrimack, NH has shifted from $2,275 to $2,623, up 15.3% since 2023. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Merrimack, NH reflects that arc in its own way.

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View Merrimack rent history (2015–2026) →
Salary vs rent

Can you afford rent in Merrimack on your salary?

At $2,623/mo, how Merrimack rent compares to typical pay (30% rule).

By apartment size

Merrimack rent by bedroom count

Median rent for each apartment size in Merrimack. Click any size for full breakdown.

Local insights

Tips for renters in Merrimack

About renting in Merrimack, NH

Last updated: July 20, 2026

The median rent in Merrimack is $2,623/mo as of July 2026. A studio apartment averages $1,670/mo while a 2-bedroom runs $2,430/mo. One-bedroom apartments average $1,850/mo and 3-bedroom units go for $3,230/mo.

At 44% of estimated US median household income ($72,000/yr), Merrimack ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

Is Merrimack an affordable city for renters?

Merrimack is considered stretched for renters. At $2,623/mo, rent takes approximately 44% of the US median household income ($72,000/yr). The standard benchmark is 30%. Merrimack significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Merrimack?

To keep rent at or below 30% of gross income, you would need to earn at least $105,000/year (~$50/hour full-time) to afford the median rent of $2,623/mo in Merrimack.

Is rent going up or down in Merrimack?

Rent in Merrimack has increased 6.6% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Merrimack rent compare to other cities in New Hampshire?

Merrimack is one of the pricier cities in New Hampshire for rent, ranking #2 out of 18 tracked cities at $2,623/mo.

Which nearby cities are cheaper to rent in than Merrimack?

Several nearby cities have lower median rents than Merrimack ($2,623/mo): Manchester ($2,058/mo), Nashua ($2,216/mo), Derry ($2,357/mo).

How does Merrimack rent compare to the national average?

Merrimack's median rent of $2,623/mo is $658 (33%) above the US national median of $1,965/mo. Within New Hampshire, it ranks #2 out of 18 tracked cities.
Income Affordability
44%
STRETCHED

At $2,623/mo, rent takes ~44% of US median household income ($72,000/yr). The standard benchmark is 30%.

Merrimack 44%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Merrimack, NH

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