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

Compare Apartments in Nashua

Enter your rental options below to see the true all-in monthly cost.

Renting in Nashua: Common Questions

What is the average rent in Nashua?
One-bedroom apartments in Nashua range from $1,400/month in South Nashua / Pennichuck to $1,500/month in Downtown Nashua / Mine Falls. Two-bedroom units range from $2,000 to $2,100/month. These are base rents — add fees, utilities, and amenity costs to get the true all-in monthly cost.
What utilities do I need to set up in Nashua?
In Nashua, electricity is provided by Eversource Energy (New Hampshire), water by Pennichuck Water Works, and common internet providers include Comcast Xfinity, Spectrum, Consolidated Communications. Ask the leasing office for the specific unit's average monthly bill rather than a city-wide figure — utility costs vary more by building age and insulation than by location within Nashua.
What neighborhoods are affordable in Nashua?
South Nashua / Pennichuck is the most affordable of the 3 Nashua neighborhoods covered here, at $1,400/month for a one-bedroom — $100 less than Downtown Nashua / Mine Falls, roughly a 7% gap. That swing is often bigger than any fee or amenity difference between two buildings in the same neighborhood, which is why comparing across neighborhoods matters as much as comparing within one.
Is Nashua expensive to rent in?
Across the 3 neighborhoods covered here, the average one-bedroom in Nashua runs about $1,433/month before fees, utilities, and amenities are added — and those add-ons are exactly what a bare average hides. Nashua is the quintessential 'Massachusetts wages, New Hampshire costs' city. Run the specific units you are considering through RentCompare to see the true all-in monthly cost rather than relying on an area average.

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