ZIP Code · NH

ZIP 03101

Pop. 3,201·Hillsborough County·12th most expensive ZIP in New Hampshire
Median rent (all units)
$2,355/mo
Year-over-Year
+14.5%
Month-over-Month
Stable
vs US Median
+$390
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 03101 · $2,355
More expensive than 75% of US ZIP codes · National median $1,965/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$1,890
1 BR
$2,090
2 BR
$2,740
3 BR
$3,290
4 BR+
$3,630
Research median
$2,740/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
$28,260/yr
At $2,355/mo median
Location
StateNH
CountyHillsborough County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 14.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+14.5% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 03101 (Manchester, NH) is majority renter-occupied, skews toward younger working-age adults, 46.7% of residents hold a bachelor's degree or higher.

Population
3,201
Median income
$84,434
Median age
33.8
Renters
91.2%
Age distribution
44.3%
23.7%
13.9%
Under 187.3%
18–3444.3%
35–5423.7%
55–6413.9%
65+10.8%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
65.5%
16.2%
16%
White65.5%
Black16.2%
Hispanic1.4%
Asian16%
Other0.9%
Education (25+)
24.2%
22.6%
46.7%
No HS diploma6.6%
HS diploma24.2%
Some college22.6%
Bachelor's+46.7%
Housing tenure
91.2%
Owner8.8%
Renter91.2%

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

2021 vs 2026

How ZIP 03101 in Manchester, NH has changed in 5 years

Income
$58,802 → $84,434
up 43.6%
Population
3,114 → 3,201
up 2.8%
Renter share
94.8% → 91.2%
-3.6 pts
Bachelor's+
49.6% → 46.7%
-2.9 pts
Median age
36.6 → 33.8
-2.8 yrs

Census figures show median household income at $84,434 today, compared with $58,802 five years earlier. The population has grown by 2.8% since 2021, moving from about 3,114 residents to roughly 3,201. Renters now make up 91.2% of households, compared with 94.8% five years ago. College-educated residents now make up 46.7% of adults here, versus 49.6% in 2021.

Community

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Local insights

Tips for renters in ZIP 03101

About renting in ZIP 03101

Last updated: July 20, 2026

ZIP code 03101 covers Manchester, NH. The median rent here is $2,355/mo as of July 2026. A 1-bedroom rents for a median of $2,090/mo. A 2-bedroom rents for a median of $2,740/mo.

At 33% of local median household income ($84,434/yr), ZIP 03101 ranks as moderate compared to the national benchmark of 30%. Rents have increased 14.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 03101?

As of July 20, 2026, the median monthly rent in ZIP 03101 (Manchester, NH) is $2,355. This is based on aggregated data from public sources and community submissions.

How does ZIP 03101 rent compare to the US average?

ZIP 03101's median rent of $2,355/mo is $390 (20%) above the US national median of $1,965/mo.

How does ZIP 03101 compare to other ZIPs in New Hampshire?

ZIP 03101 falls in the middle range for New Hampshire, ranking #12 out of 25 ZIPs at $2,355/mo.

How much income do you need to rent in ZIP 03101?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (~$45/hour full-time) to afford the median rent of $2,355/mo in ZIP 03101. The local median household income is $84,434/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 03101?

Rent in ZIP 03101 has increased 14.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 03101 an affordable place to rent?

ZIP 03101 is considered moderate for renters. At $2,355/mo, rent takes approximately 33% of the local median household income ($84,434/yr). The standard benchmark is 30%. ZIP 03101 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 03101 residents rent vs. own?

According to Census data, approximately 91.2% of ZIP 03101 households are renters, while 8.8% are owner-occupied. With a majority renter population, ZIP 03101 has a strong rental market.

How does ZIP 03101 compare to the rest of Manchester?

ZIP 03101 is pricier than Manchester as a whole. At $2,355/mo, it's $297 above the Manchester citywide median of $2,058/mo.

When was rent data for ZIP 03101 last updated?

Rent data for ZIP 03101 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $2,355/mo, rent takes ~33% of ZIP 03101's median household income ($84,434/yr). The standard benchmark is 30%.

ZIP 03101 33%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 03101 (Manchester, NH)

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