Rental numbers for Hillsborough County, NH
The typical home here runs -$2,211 a month at 7.78% with 25% down. 0 of 12 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%.
- Gross yield
- 5.0%
- typical home, Zillow
- Median ZIP yield
- 5.6%
- 12 ZIPs with full data
- Cash flow
- -$2,211/mo
- at 7.78%, 25% down
- Typical price
- $524,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,178/mo
- Zillow ZORI, Aug 2026
ZIP codes in Hillsborough County
34 with published figures
| 03101Manchester | $433,000 | $2,269 | 6.3% | 2.6% | -$1,398 | +6.7% |
| 03102Manchester | $424,000 | $2,099 | 5.9% | 2.1% | -$1,529 | +3.4% |
| 03109Manchester | $469,000 | $2,300* | 5.9% | 2.3% | -$1,641 | n/a |
| 03103Manchester | $421,000 | $2,057 | 5.9% | 2.2% | -$1,511 | +4.2% |
| 03062Nashua | $547,000 | $2,651 | 5.8% | 2.2% | -$1,956 | +2.7% |
| 03054Merrimack | $537,000 | $2,594 | 5.8% | 2.2% | -$1,919 | +4.8% |
| 03442Bennington | $341,000 | $1,640* | 5.8% | 1.4% | -$1,447 | n/a |
| 03033Brookline | $675,000 | $3,190* | 5.7% | 1.9% | -$2,576 | n/a |
| 03063Nashua | $468,000 | $2,208 | 5.7% | 1.9% | -$1,787 | +3.2% |
| 03060Nashua | $472,000 | $2,197 | 5.6% | 1.8% | -$1,834 | +3.8% |
| 03082Lyndeborough | $530,000 | $2,420* | 5.5% | 1.7% | -$2,095 | n/a |
| 03051Hudson | $541,000 | $2,450 | 5.4% | 1.9% | -$2,039 | n/a |
| 03052Litchfield | $615,000 | $2,670* | 5.2% | 1.6% | -$2,496 | n/a |
| 03244Hillsborough | $393,000 | $1,700* | 5.2% | 1.1% | -$1,771 | n/a |
| 03064Nashua | $529,000 | $2,262 | 5.1% | 1.5% | -$2,176 | +3.5% |
| 03045Goffstown | $513,000 | $2,140* | 5.0% | 1.2% | -$2,250 | n/a |
| 03281Weare | $510,000 | $2,080* | 4.9% | 1.4% | -$2,158 | n/a |
| 03104Manchester | $481,000 | $1,908 | 4.8% | 1.2% | -$2,122 | +2.5% |
| 03048Mason | $487,000 | $1,920* | 4.7% | 1.1% | -$2,191 | n/a |
| 03071New Ipswich | $492,000 | $1,920* | 4.7% | 1.3% | -$2,103 | n/a |
| 03055Milford | $517,000 | $2,006 | 4.7% | 0.9% | -$2,405 | n/a |
| 03458Peterborough | $482,000 | $1,830* | 4.5% | 0.6% | -$2,367 | n/a |
| 03086Wilton | $510,000 | $1,920* | 4.5% | 0.7% | -$2,466 | n/a |
| 03440Antrim | $432,000 | $1,550* | 4.3% | 0.5% | -$2,131 | n/a |
| 03057Mont Vernon | $669,000 | $2,390* | 4.3% | 0.7% | -$3,213 | n/a |
| 03084Temple | $562,000 | $1,960* | 4.2% | 0.6% | -$2,731 | n/a |
| 03110Bedford | $773,000 | $2,657 | 4.1% | 0.8% | -$3,652 | n/a |
| 03043Francestown | $540,000 | $1,810* | 4.0% | 0.3% | -$2,792 | n/a |
| 03449Hancock | $554,000 | $1,790* | 3.9% | 0.5% | -$2,742 | n/a |
| 03047Greenfield | $489,000 | $1,530* | 3.8% | -0.1% | -$2,677 | n/a |
| 03070New Boston | $631,000 | $1,920* | 3.6% | 0.2% | -$3,277 | n/a |
| 03031Amherst | $665,000 | $1,920* | 3.5% | -0.0% | -$3,597 | n/a |
| 03049Hollis | $804,000 | $2,280* | 3.4% | 0.3% | -$4,134 | n/a |
| 03076Pelham | $688,000 | $1,920* | 3.4% | 0.1% | -$3,628 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.3%
- Rent, 12 months
- +4.0%
- Rent minus price growth
- +1.7 pts
- Property tax
- 1.66%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $391,195 | $1,685 |
| Aug 2022 | $438,960 | $1,858 |
| Aug 2023 | $463,050 | $1,956 |
| Aug 2024 | $498,025 | $2,052 |
| Aug 2025 | $512,101 | $2,095 |
| Aug 2026 | $523,744 | $2,178 |
HUD Fair Market Rent
FY2027, Nashua, NH HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,510 | $1,657 | $2,168 | $2,583 | $3,065 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 4.1
- 699 units, last 12 months
- National percentile
- 43th
- among US counties
Tools
Test a listing in Hillsborough County against today's rate.
Open the calculatorPart of the Manchester, NH metro.
Questions
- Is Hillsborough County good for rental property?
- The typical home here runs -$2,211 a month at 7.78% with 25% down. 0 of 12 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Hillsborough County?
- About 1.66% of value, from Census ACS median taxes paid over median home value. On a $524,000 home that is about $8,705 a year.
- What is Fair Market Rent in Hillsborough County?
- HUD's FY2027 Fair Market Rent here is $1,657 for a 1-bedroom, $2,168 for a 2-bedroom and $2,583 for a 3-bedroom. Typical cash flow at today's rate is -$2,211 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.