How much rent can you afford in Nashua, NH?

Run your salary against Nashua's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.

Median rent
$2,216/mo
Median income
$96,326/yr
Salary for 30% rule
$88,640/yr
You can afford up to
$2,408/mo
Based on 30% of $96,326/yr
Your salary vs Nashua, NH
AffordableAt $96,326/yr, Nashua, NH's $2,216/mo median rent is 28% of your income.
Using local median household income. Adjust the salary above to see your personal fit.

The 30% rent rule, in Nashua

At a median rent of $2,216/mo, Nashua is affordable when measured against Nashua median household income of $96,326/yr. Rent would consume roughly 28% of pre-tax income, and a salary of about $88,640 keeps rent at the recommended 30% threshold.

How Nashua compares nearby

Median rent for the closest cities with data.

Merrimack, NH$2,623/mo+18%Westford, MA$3,063/mo+38%Chelmsford, MA$2,680/mo+21%Bedford, NH$2,618/mo+18%Dracut, MA$2,328/mo+5%Lowell, MA$2,316/mo+5%
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Frequently asked

How much rent can I afford in Nashua?

On a $96,326 salary (the Nashua median household income), the recommended ceiling is 30% of pre-tax income, or about $2,408/mo. Nashua's median rent is $2,216/mo. Use the calculator on this page to run your own salary.

What salary do I need to live in Nashua?

To keep Nashua's $2,216/mo median rent under 30% of income, you'd need about $88,640/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.

Is Nashua affordable on the median New Hampshire income?

Nashua is affordable on a $96,326 income. Rent would take 28% of pre-tax pay, inside the recommended 30% threshold.

What's the 30% rent rule?

The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".

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Nashua, NH