ZIP Code · NH

ZIP 03103

Pop. 37,775·Hillsborough County·19th most expensive ZIP in New Hampshire
Median rent (all units)
$2,019/mo
Year-over-Year
+10.4%
Month-over-Month
+4.4%
vs US Median
+$54
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 03103 · $2,019
More expensive than 61% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,380
1 BR
$1,390
2 BR
$1,820
3 BR
$2,550
4 BR+
$2,650
Research median
$1,820/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
$24,228/yr
At $2,019/mo median
Location
StateNH
CountyHillsborough County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.4% YoY, +4.4% MoM), not inventory.
Demographics

Who lives here

ZIP 03103 (Manchester, NH) is roughly split between renters and owners, 23.8% of residents hold a bachelor's degree or higher.

Population
37,775
Median income
$73,540
Median age
38.3
Renters
50.7%
Age distribution
19.2%
26.4%
27.4%
13.1%
13.9%
Under 1819.2%
18–3426.4%
35–5427.4%
55–6413.1%
65+13.9%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
66.7%
22.9%
White66.7%
Black4.9%
Hispanic22.9%
Asian5.3%
Education (25+)
15.5%
35.9%
24.8%
23.8%
No HS diploma15.5%
HS diploma35.9%
Some college24.8%
Bachelor's+23.8%
Housing tenure
49.3%
50.7%
Owner49.3%
Renter50.7%

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

2021 vs 2026

How ZIP 03103 in Manchester, NH has changed in 5 years

Income
$61,743 → $73,540
up 19.1%
Population
37,602 → 37,775
up 0.5%
Renter share
54.7% → 50.7%
-4.0 pts
Bachelor's+
22.4% → 23.8%
+1.4 pts
Median age
35.9 → 38.3
+2.4 yrs

On the earnings side, the typical household in ZIP 03103 in Manchester, NH now reports about $73,540, up from $61,743 in 2021. The renter share has eased from 54.7% to 50.7%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 03103

Last updated: July 20, 2026

ZIP code 03103 covers Manchester, NH. The median rent here is $2,019/mo as of July 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,820/mo.

At 33% of local median household income ($73,540/yr), ZIP 03103 ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 03103?

As of July 20, 2026, the median monthly rent in ZIP 03103 (Manchester, NH) is $2,019. This is based on aggregated data from public sources and community submissions.

How does ZIP 03103 rent compare to the US average?

ZIP 03103's median rent of $2,019/mo is $54 (3%) above the US national median of $1,965/mo.

How does ZIP 03103 compare to other ZIPs in New Hampshire?

ZIP 03103 is among the more affordable ZIP codes in New Hampshire, ranking #19 out of 25 ZIPs at $2,019/mo.

How much income do you need to rent in ZIP 03103?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,019/mo in ZIP 03103. The local median household income is $73,540/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 03103?

Rent in ZIP 03103 has increased 10.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 03103 an affordable place to rent?

ZIP 03103 is considered moderate for renters. At $2,019/mo, rent takes approximately 33% of the local median household income ($73,540/yr). The standard benchmark is 30%. ZIP 03103 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 03103 residents rent vs. own?

According to Census data, approximately 50.7% of ZIP 03103 households are renters, while 49.3% are owner-occupied. With a majority renter population, ZIP 03103 has a strong rental market.

How does ZIP 03103 compare to the rest of Manchester?

ZIP 03103 is more affordable than Manchester overall. At $2,019/mo, it's $39 below the Manchester citywide median of $2,058/mo.

When was rent data for ZIP 03103 last updated?

Rent data for ZIP 03103 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $2,019/mo, rent takes ~33% of ZIP 03103's median household income ($73,540/yr). The standard benchmark is 30%.

ZIP 03103 33%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 03103 (Manchester, NH)

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