$2,200 Per Month
- 2 Beds
- 1.5 Baths
- 980 Sq Ft
- Condo for Rent
9 Louisburg Square Unit 5, Nashua, NH 03060
9 Louisburg Square Unit 5, Nashua, NH 03060
Frequently Asked Questions
How much does it cost to rent a home in Nashua, NH?
The median rent for a home in Nashua, 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 townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Nashua, NH?
To comfortably afford the median rent in Nashua, 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 Nashua, 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 Nashua, NH?
In Nashua, NH, the price-to-rent ratio is 18.6, 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 Nashua, NH are best for renting a home?
The best neighborhood for renting in Nashua, NH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Mine Falls Park, Southwest Nashua, Downtown Nashua, North End Nashua and Southeast Nashua, each with its own character and price range.
