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ZIP Code · NH

ZIP 03104

Pop. 35,237·Hillsborough County·21st most expensive ZIP in New Hampshire
Median rent (all units)
$1,945/mo
Year-over-Year
+8.2%
Month-over-Month
+1.3%
vs US Median
-$20
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 03104 · $1,945
More expensive than 57% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,390
1 BR
$1,540
2 BR
$2,020
3 BR
$2,550
4 BR+
$2,670
Research median
$2,020/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
$23,340/yr
At $1,945/mo median
Location
StateNH
CountyHillsborough County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.2% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 03104 (Manchester, NH) is roughly split between renters and owners, 44% of residents hold a bachelor's degree or higher.

Population
35,237
Median income
$88,897
Median age
37.8
Renters
46.1%
Age distribution
19.2%
27%
24.4%
13.1%
16.2%
Under 1819.2%
18–3427%
35–5424.4%
55–6413.1%
65+16.2%
Gender
52%
48%
Male52%
Female48%
Race & ethnicity
79.9%
White79.9%
Black3.9%
Hispanic10.5%
Asian2.2%
Other3.5%
Education (25+)
26%
23%
44%
No HS diploma7.1%
HS diploma26%
Some college23%
Bachelor's+44%
Housing tenure
53.9%
46.1%
Owner53.9%
Renter46.1%

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

2021 vs 2026

How ZIP 03104 in Manchester, NH has changed in 5 years

Income
$73,574 → $88,897
up 20.8%
Population
34,557 → 35,237
up 2.0%
Renter share
43.4% → 46.1%
+2.7 pts
Bachelor's+
43.3% → 44%
+0.7 pts

On the earnings side, the typical household in ZIP 03104 in Manchester, NH now reports about $88,897, up from $73,574 in 2021. The population has grown by 2.0% since 2021, moving from about 34,557 residents to roughly 35,237. Renters now make up 46.1% of households, compared with 43.4% five years ago.

Community

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Local insights

Tips for renters in ZIP 03104

About renting in ZIP 03104

Last updated: July 20, 2026

ZIP code 03104 covers Manchester, NH. The median rent here is $1,945/mo as of July 2026. A 1-bedroom rents for a median of $1,540/mo. A 2-bedroom rents for a median of $2,020/mo.

At 26% of local median household income ($88,897/yr), ZIP 03104 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 03104?

As of July 20, 2026, the median monthly rent in ZIP 03104 (Manchester, NH) is $1,945. This is based on aggregated data from public sources and community submissions.

How does ZIP 03104 rent compare to the US average?

ZIP 03104's median rent of $1,945/mo is $20 (1%) below the US national median of $1,965/mo.

How does ZIP 03104 compare to other ZIPs in New Hampshire?

ZIP 03104 is among the more affordable ZIP codes in New Hampshire, ranking #21 out of 25 ZIPs at $1,945/mo.

How much income do you need to rent in ZIP 03104?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,945/mo in ZIP 03104. The local median household income is $88,897/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 03104?

Rent in ZIP 03104 has increased 8.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 03104 an affordable place to rent?

ZIP 03104 is considered affordable for renters. At $1,945/mo, rent takes approximately 26% of the local median household income ($88,897/yr). The standard benchmark is 30%. ZIP 03104 falls comfortably within that range.

What percentage of ZIP 03104 residents rent vs. own?

According to Census data, approximately 46.1% of ZIP 03104 households are renters, while 53.9% are owner-occupied. ZIP 03104 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 03104 compare to the rest of Manchester?

ZIP 03104 is more affordable than Manchester overall. At $1,945/mo, it's $113 below the Manchester citywide median of $2,058/mo.

When was rent data for ZIP 03104 last updated?

Rent data for ZIP 03104 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,945/mo, rent takes ~26% of ZIP 03104's median household income ($88,897/yr). The standard benchmark is 30%.

ZIP 03104 26%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 03104 (Manchester, NH)

Recent submissions

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