True Cost of Renting in Nashua, NH
Nashua sits 8 miles north of the Massachusetts border on I-93, making it one of the closest New Hampshire communities to Boston while still benefiting from no state income tax. It has been ranked one of the 'Best Places to Live' in America multiple times by Money Magazine. BAE Systems and Hollis University are major employers. Eversource provides electricity.
Neighborhoods & Average Rents
Downtown Nashua / Mine Falls
- Studio:
- $1,200/mo
- 1 Bed:
- $1,500/mo
- 2 Bed:
- $2,100/mo
Nashua's revitalized downtown with restaurants on Main Street; Mine Falls Park is a 325-acre urban nature preserve on the Nashua River. Eversource electric. CART bus service. 50-minute drive to Boston via I-93. Growing arts and dining scene.
South Nashua / Pennichuck
- Studio:
- $1,100/mo
- 1 Bed:
- $1,400/mo
- 2 Bed:
- $2,000/mo
Southern neighborhoods near the Massachusetts border; apartment complexes and residential neighborhoods. Car required. 45-minute drive to Lowell, MA or 55 minutes to Boston via I-93.
North Nashua / Merrimack Adjacent
- 1 Bed:
- $1,400/mo
- 2 Bed:
- $1,900/mo
Northern Nashua near the Merrimack River; apartment complexes with suburban character. Car required. Merrimack town (adjacent south) has a large BAE Systems campus. Route 3 north to Manchester.
Utility Providers
- Electric
- Eversource Energy (New Hampshire)
- Water
- Pennichuck Water Works
- Internet
- Comcast Xfinity, Spectrum, Consolidated Communications
Commute & Transportation
Nashua has no rail transit. I-93/Route 3 connects south to Lowell, MA (20 min) and Boston (50–60 min). No commuter rail to Boston from Nashua (unlike the MA side — Lowell MBTA Line is the closest). Nashua Transit System (NTS) provides local bus service. CART regional bus connects to Manchester and Concord. Major employers: BAE Systems Electronic Systems (massive facility in Nashua — 5,000+ employees), Insight Direct, Oracle, and Southern New Hampshire University (online division based in Manchester).
Rental Market Overview
Nashua is the quintessential 'Massachusetts wages, New Hampshire costs' city. No income tax for NH residents even when working in Massachusetts (MA may tax Nashua residents working in MA under the '10 day rule,' but regular NH residents who work entirely remotely or in NH owe nothing). Eversource NH rates moderate. The I-93 commute to Boston is exactly why Nashua exists as a rental market — lower rents, no income tax, same commute. Winter heating costs are significant. Renters insurance averages $13–18/month.
Data last updated: 2026-04
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