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ZIP Code · NH

ZIP 03054

Pop. 28,176·Hillsborough County·2nd most expensive ZIP in New Hampshire
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
ZIP 03054 · $2,623
More expensive than 82% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,630
1 BR
$1,860
2 BR
$2,360
3 BR
$3,130
4 BR+
$3,330
Research median
$2,360/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
Location
StateNH
CountyHillsborough County
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.
Demographics

Who lives here

ZIP 03054 (Merrimack, NH) is majority owner-occupied, has a median income above the national average, 50.2% of residents hold a bachelor's degree or higher.

Population
28,176
Median income
$127,303
Median age
41.5
Renters
11.1%
Age distribution
22%
19.4%
25.8%
16.1%
16.8%
Under 1822%
18–3419.4%
35–5425.8%
55–6416.1%
65+16.8%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
88.7%
White88.7%
Black0.8%
Hispanic3.8%
Asian4.8%
Other1.9%
Education (25+)
16.8%
30%
50.2%
No HS diploma2.9%
HS diploma16.8%
Some college30%
Bachelor's+50.2%
Housing tenure
88.9%
Owner88.9%
Renter11.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 03054 in Merrimack, NH has changed in 5 years

Income
$114,562 → $127,303
up 11.1%
Population
26,730 → 28,176
up 5.4%
Renter share
12.2% → 11.1%
-1.1 pts
Bachelor's+
48.2% → 50.2%
+2.0 pts
Median age
42 → 41.5
-0.5 yrs

On the earnings side, the typical household in ZIP 03054 in Merrimack, NH now reports about $127,303, up from $114,562 in 2021. The population has grown by 5.4% since 2021, moving from about 26,730 residents to roughly 28,176. College-educated residents now make up 50.2% of adults here, versus 48.2% in 2021.

Community

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Local insights

Tips for renters in ZIP 03054

About renting in ZIP 03054

Last updated: July 20, 2026

ZIP code 03054 covers Merrimack, NH. The median rent here is $2,623/mo as of July 2026. A 1-bedroom rents for a median of $1,860/mo. A 2-bedroom rents for a median of $2,360/mo.

At 25% of local median household income ($127,303/yr), ZIP 03054 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 03054?

As of July 20, 2026, the median monthly rent in ZIP 03054 (Merrimack, NH) is $2,623. This is based on aggregated data from public sources and community submissions.

How does ZIP 03054 rent compare to the US average?

ZIP 03054's median rent of $2,623/mo is $658 (33%) above the US national median of $1,965/mo.

How does ZIP 03054 compare to other ZIPs in New Hampshire?

ZIP 03054 is one of the pricier ZIP codes in New Hampshire, ranking #2 out of 25 ZIPs tracked at $2,623/mo.

How much income do you need to rent in ZIP 03054?

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 ZIP 03054. The local median household income is $127,303/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 03054?

Rent in ZIP 03054 has increased 6.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 03054 an affordable place to rent?

ZIP 03054 is considered affordable for renters. At $2,623/mo, rent takes approximately 25% of the local median household income ($127,303/yr). The standard benchmark is 30%. ZIP 03054 falls comfortably within that range.

What percentage of ZIP 03054 residents rent vs. own?

According to Census data, approximately 11.1% of ZIP 03054 households are renters, while 88.9% are owner-occupied. ZIP 03054 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 03054 compare to the rest of Merrimack?

ZIP 03054 sits right at the Merrimack citywide median of $2,623/mo.

When was rent data for ZIP 03054 last updated?

Rent data for ZIP 03054 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $2,623/mo, rent takes ~25% of ZIP 03054's median household income ($127,303/yr). The standard benchmark is 30%.

ZIP 03054 25%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 03054 (Merrimack, NH)

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