City Report · NH

Merrimack

·5th most expensive in New Hampshire·Merrimack rents are up 5.7% over the past year
Median rent (all units)
$2,530/mo
Year-over-Year
+5.7%
Month-over-Month
+0.8%
vs US Median
+$598
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Merrimack · $2,530
More expensive than 81% of US cities · National median $1,932/mo
Rent Reality Score
48/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Merrimack's 10-year trend predicts.

Actual rent
$2,530/mo
Expected by trend
$2,501/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
Fair Market Rent (HUD)
$2,430/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,530 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Merrimack is at its highest level since Zillow's records here began in February 2023.

Past year vs. the rest of New Hampshire

Rent in Merrimack changed +5.7% over the year to September 2026. Across the 14 New Hampshire cities Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

Cheaper nearby

Manchester, 10 miles away, rents for 18% less ($2,082/mo), about $5,400 a year in savings.

From Zillow's monthly rent index (ZORI) for Merrimack.

Annual cost
$30,360/yr
At $2,530/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.7% YoY, +0.8% MoM), not inventory.
Rent check

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2023 vs 2026

How Merrimack, NH has changed in 5 years

Rent
$2,214 → $2,530
up 14.3%

Across the past five years, the going rent in Merrimack, NH has shifted from $2,214 to $2,530, up 14.3% 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.

Community

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

Can you afford rent in Merrimack on your salary?

At $2,530/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: October 17, 2026

The median rent in Merrimack is $2,530/mo as of October 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 42% of estimated US median household income ($72,000/yr), Merrimack ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.

FAQ

Frequently asked questions

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 $101,000/year (about $49/hour full-time) to afford the median rent of $2,530/mo in Merrimack.

Is rent going up or down in Merrimack?

Rent in Merrimack has risen 5.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2023.

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

Merrimack is one of the pricier among New Hampshire cities for rent, ranking #5 of 18 tracked cities at $2,530/mo. Over the year to September 2026, rent in Merrimack changed +5.7%, against a typical +3.2% across the 14 New Hampshire cities Zillow tracks.

Which nearby cities are cheaper to rent in than Merrimack?

Nearby cities with lower median rent than Merrimack ($2,530/mo) include Manchester ($2,082/mo), Hooksett ($2,233/mo), and Derry ($2,263/mo).
Income Affordability
42%
STRETCHED

At $2,530/mo, rent takes ~42% of US median household income ($72,000/yr). The standard benchmark is 30%.

Merrimack 42%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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