BRRRR ★ MARKETS
38STAR SCORE

Manchester, NH rental market data (2026)

As of September 2026, the typical home in the Manchester metro costs $517,399 and typical rent is $2,165/month — a price-to-rent ratio of 20 and a gross rental yield of 5.0%. Manchester scores 38/100 on the Star Score index, ranking #174 of 174 tracked US rental markets.

The Manchester metro posts a price-to-rent ratio of 20 on a typical home value of $517,399 and typical rent of $2,165/month — a gross rental yield of 5.0% before expenses. Factor scores below show how it stacks up on landlord law, taxes, growth and risk.

New to this? The price-to-rent ratio is the home price divided by a year of rent — lower means rents are big relative to prices, which favors landlords. Gross yield is a year of rent as a % of the price, before expenses. BRRRR = Buy, Rehab, Rent, Refinance, Repeat: buy below market, fix it, rent it, then refinance to pull your cash back out and buy the next one. Full walkthrough in the beginner's guide.

Key numbers

MetricValue
Typical home value (ZHVI)$517,399
Typical rent (ZORI)$2,165/mo
Price-to-rent ratio20
Gross rental yield5.0%
Star Score38/100 ★★☆☆☆
Rank among tracked markets#174 of 174
Your buying power in Manchester

Why Manchester scores 38

FactorScoreWeight
Gross yield1535%
Entry price (vs $100K reference budget)015%
Landlord-friendliness6515%
Equity growth9015%
Property-tax drag (inverted)1510%
Climate & insurance risk (inverted)8510%

More context: Living in Manchester — economy, industries & affordability

See how it stacks up in the full rankings — head-to-head pages cover the top 15 markets.

Star Opportunities in Manchester flagged 2026-10-17

Active listings our scanner flagged for under-market signals — price cuts, long days on market, below-comp pricing. Leads to underwrite, not appraisals; verify everything locally.

552 Hanover St, Manchester, NH 03104 ★ 100
$390,100 · 4bd 2ba · 2,741 sqft
est. 30.0% under market · modeled rent $3,250/mo (10.0% yield)
Motivation 50 · Condition discount (hypothesis)find listing →
120 Ashland St, Manchester, NH 03104 ★ 100
$295,000 · 3bd 1ba · 1,729 sqft
est. 27.8% under market · modeled rent $2,670/mo (10.9% yield)
Motivation 38 · Condition discount (hypothesis)find listing →
301 Amherst St, Manchester, NH 03104 ★ 91
$475,000 · 6bd 2ba · 3,327 sqft
est. 30.0% under market · modeled rent $3,250/mo (8.2% yield)
Motivation 50 · Condition discount (hypothesis)find listing →
429 Wilson St, Manchester, NH 03103 ★ 91
$475,000 · 7bd 2ba · 3,696 sqft
est. 30.0% under market · modeled rent $3,250/mo (8.2% yield)
Motivation 56 · Condition discount (hypothesis)find listing →
498 Merrimack St, Manchester, NH 03103 ★ 87
$439,500 · 6bd 2ba · 2,560 sqft
est. 27.5% under market · modeled rent $3,250/mo (8.9% yield)
Motivation 70 · Condition discount (hypothesis)−7.5% price cutfind listing →

Run one through the BRRRR calculator. Rent figures are modeled from metro data, not appraisals.

Investor-friendly agent working Manchester? Become this market's Featured Agent →

Assumable-mortgage pocket: 15.7% of NH's 2019-21 mortgage originations were government-backed (FHA/VA/USDA) — assumable by law, mostly at ~3% rates. VA loans can be assumed by non-veterans, including for investment purchases. The Assumability Index →

What would a rehab cost here?

National rule-of-thumb renovation costs (2026, per square foot) applied to a typical ~1,400 sq ft single-family in this market — every house differs, so treat these as planning ranges, not bids:

Scope$/sq ftTypical house
Paint & refresh (cosmetic light)$15–25$21K–35K
Cosmetic full (floors, kitchen refresh, baths)$25–45$35K–63K
Full renovation (systems + finishes)$45–75$63K–105K
Gut / structural$75–120$105K–168K

Run your own numbers for Manchester in the BRRRR & rehab calculator. Run a rehab crew in Manchester? Founding crews list free →

Frequently asked questions

Is Manchester a good market for rental property in 2026?

Manchester scores 38/100 on the Star Score index (#174 of 174 tracked markets), with a gross rental yield of 5.0% at September 2026 prices. At current prices it works better as a place to live than a place to snowball rental equity.

What is the price-to-rent ratio in Manchester?

20 — the typical home value ($517,399) divided by a year of typical rent ($2,165/month × 12). Ratios under about 15 generally favor buying and landlording.

Is Manchester a good BRRRR market in 2026?

With a typical home at $517,399 and rent of $2,165/month (5.0% gross yield), Manchester can work for BRRRR in select submarkets, but higher prices or thinner yields mean deals need bigger discounts to snowball.

How much rent does the typical Manchester home earn?

Typical asking rent in the Manchester metro is $2,165 per month as of September 2026, per Zillow's Observed Rent Index.

Home values and rents: Zillow ZHVI / ZORI, September 2026 metro figures. Factor scores are editorial estimates on public data. Last reviewed October 2026. Not investment advice — verify locally before acting. Methodology & sources.