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Studio Apartment for Rent in Derry, NH

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  • 33 South Ave, Derry, NH 03038
    33 South Ave, Derry, NH 03038
    33 South Ave, Derry, NH 03038
    /15

    $2,300

    Total Monthly Price

    • Studio
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    33 South Ave, Derry, NH 03038

    1 Bed | 1 Bath StudioNewly renovated with brand-new finishes, flooring, and appliances.Dedicated parking in a private driveway.In-unit washer and dryer. Utilities included. Available furnished or unfurnished.Additional storage space included.

    33 South Ave, Derry, NH 03038
New Hampshire Rockingham County Derry

Studio Homes for Rent in Derry, NH

Why Live in Derry

Derry, located in southeastern New Hampshire, is the county’s most populous community with over 34,000 residents. Historically an agricultural area, Derry transitioned to a commuter town following the opening of Interstate 93 in 1963, providing convenient access to Manchester and Massachusetts. Housing in Derry ranges from downtown apartments and closely spaced houses to million-dollar waterfront properties on Island Pond. The median sales price for single-family homes is nearly $550,000, significantly higher than the national median. Downtown Derry is known for its historic storefronts, local art, and dining options such as MaryAnn’s Diner. Attractions include the Derry Opera House, Tupelo Music Hall, and Robert Frost’s family farm. Recreational spaces are abundant, with eleven public parks including Beaver Lake Beach and MacGregor Park, which hosts annual events like the summer concert series and DerryFest. The Derry Cooperative School District features Pinkerton Academy, a large independent high school with a college-like campus. Transportation is primarily car-dependent, though limited bus service is available through CART. Safety has improved, with a decline in both violent and property crimes between 2020 and 2023, making Derry safer than the national average.

Learn more about living in Derry

Frequently Asked Questions

How much does it cost to rent a home in Derry, NH?
The median rent for a home in Derry, NH is $2,300 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Derry, NH?
To comfortably afford the median rent in Derry, NH, a household needs to earn roughly $92,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,300 per month in Derry, NH, renters typically need to show $6,900 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Derry, NH?
In Derry, NH, the price-to-rent ratio is 18.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Derry, NH are best for renting a home?
The best neighborhood for renting in Derry, NH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Manchester and Southeast Nashua, each with its own character and price range.

Rental Trends in Derry, NH

There are currently 1 homes available for rent in Derry, NH. The median rent is $2,300 per month, with single-family homes renting at $2,200, townhouses at $3,300 and condos at $1,858.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,300
Median Single Family Home Rent
$2,200
Median Townhouse Rent
$3,300
Median Condo Rent
$1,858
How to Rent a Home

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