Housing Market Analysis · 2026

Rent vs Buy in Manchester, NH

Local prices pre-filled. Adjust any input to match your situation.

Median Home Price $502,848
Median Rent $2,088/mo
Price-to-Rent Ratio 20x
YoY Price Change +2.7%
Income Needed $136K

Should you buy in Manchester?

Price-to-Rent Ratio

20x — leans toward renting

With a ratio of 20, the math in Manchester, NH currently leans toward renting unless you expect strong home appreciation or plan to stay 10+ years.

Monthly Cost Gap

Buying currently costs roughly $1,540 more per month than renting the median unit in Manchester, NH. That gap is the "opportunity cost" renters can invest — which is why the breakeven point matters so much here.

Price Trends

Prices in Manchester, NH grew 2.7% over the past year — modest but steady appreciation that generally supports long-term buying decisions.

Affordability

The income needed to qualify for a median home in Manchester, NH is approximately $136K. Many middle-income households are weighing whether to buy now or continue renting.

Interactive Calculator — Manchester Pre-filled

Values are set to Manchester, NH medians. Change anything to match your scenario.

At 10 years

Renting wins by $153K

No breakeven in selected timeframe.

Home Purchase
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Rent & Growth Assumptions
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Down Payment$100,570
Closing Costs$15,085

Monthly Cost (Year 1)

Buy $3,628
Rent $2,088
Mortgage$2,623
Tax$461
Insurance$125
Maintenance$419

Wealth Over Time

Buyer Wealth $323,194
Renter Wealth $475,835
Breakeven No breakeven
YearBuyerRenterWinner
1$91K$143KRent
2$113K$172KRent
3$135K$203KRent
4$159K$235KRent
5$184K$270KRent
6$209K$306KRent
7$236K$345KRent
8$264K$386KRent
9$293K$430KRent
10$323K$476KRent

Common Questions — Renting vs Buying in Manchester

Other NH Markets to Compare

See how the rent-vs-buy math stacks up in other NH cities.