Real Estate Investing in Hillsborough County, New Hampshire

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

34 ZIP codes • Population: 424,776

Should you buy in Hillsborough County, NH? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed β€” home prices are stretched relative to local incomes. Run the math on your specific situation.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Hillsborough County, NH?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.9% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $540,428
Avg Monthly Rent $1,981
ZIP Codes 34

Investing in Hillsborough County Real Estate

Hillsborough County is one of those New Hampshire regions where numbers warn before they reward. 27 cities, 424,776 residents, and a rating that reflects material risk.

Investors considering Hillsborough, New Hampshire should understand what the β˜…β˜…β˜…β˜†β˜† rating represents β€” a region with material challenges, not a temporary rough patch.

Demographics in Hillsborough show real pressure β€” $N/AK median income is sluggish relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Hillsborough County, NH. Anonymous, moderated, never written by AI.

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Property managers serving Hillsborough County

Manage rentals here? List your business →
Finley Property Management
Town Of Peterborough, NH

Finley Property Management, LLC is a boutique firm offering leasing and full-time management for single-family homes, townhomes, condos, and small multi-unit properties in Portland. summary from their website

Single-familySmall multifamily
Unclaimed β€” is this your business? Claim it free

North Point Property Management, LLC, also known as RowCal, is an HOA & Community Association Management Company offering financial, maintenance, and construction services. summary from their website

HOA
Unclaimed β€” is this your business? Claim it free

Peloquin Realty & Property Management offers property management services and real estate sales in Southern New Hampshire, including multi-family properties. summary from their website

Small multifamily
Unclaimed β€” is this your business? Claim it free

Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$540,428
Avg Monthly Rent
$1,981
1% Rule
βœ— Below
Landlord Friendly (NH)
β˜…β˜…β˜…β˜…β˜†

πŸŽ“ Colleges & Universities in Hillsborough County

11 Colleges 194,783 Students 2,282 Off-Campus Renters
C+
Saint Anselm College
4-Year Private Β· 2,078 students
C+
Thomas More College of Liberal Arts
4-Year Private Β· 95 students
C+
New Hampshire Institute for Therapeutic Arts
Vocational For-Profit Β· 24 students
C+
University of New Hampshire at Manchester
4-Year Public Β· 748 students
πŸ“ ~131 students rent off-campus
C
Rivier University
4-Year Private Β· 2,879 students
C
Manchester Community College
2-Year Public Β· 2,012 students
πŸ“ ~724 students rent off-campus
C
Nashua Community College
2-Year Public Β· 1,262 students
πŸ“ ~499 students rent off-campus
C
Southern New Hampshire University
4-Year Private Β· 184,099 students
C
Harmony Health Care Institute
Vocational For-Profit Β· 164 students
D
University of New Hampshire College of Professional Studies Online
4-Year Public Β· 1,326 students
πŸ“ ~928 students rent off-campus
D
St Joseph School of Nursing
2-Year Private Β· 96 students

Investor Insight: With 2,282 students living off-campus, Hillsborough County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Hillsborough County

ZIP Codes in Hillsborough County, NH

03103 β˜… β˜… β˜… β˜… β˜…
Manchester
Population 37,659
Avg Home $423,477
Avg Rent $2,014/mo
03104 β˜… β˜… β˜… β˜… β˜…
Manchester
Population 35,274
Avg Home $486,491
Avg Rent $1,951/mo
03102 β˜… β˜… β˜… β˜… β˜…
Manchester
Population 33,755
Avg Home $426,967
Avg Rent $2,083/mo
03060 β˜… β˜… β˜… β˜… β˜…
Nashua
Population 32,223
Avg Home $477,090
Avg Rent $2,185/mo
03062 β˜… β˜… β˜… β˜… β˜…
Nashua
Population 28,713
Avg Home $552,838
Avg Rent $2,641/mo
03054 β˜… β˜… β˜… β˜… β˜…
Merrimack
Population 27,604
Avg Home $539,657
Avg Rent $2,552/mo
03051 β˜… β˜… β˜… β˜… β˜…
Hudson
Population 25,476
Avg Home $546,801
Avg Rent $2,767/mo
03110 β˜… β˜… β˜… β˜… β˜…
Bedford
Population 23,580
Avg Home $776,055
Avg Rent $2,674/mo
03055 β˜… β˜… β˜… β˜… β˜…
Milford
Population 16,258
Avg Home $521,913
Avg Rent $1,944/mo
03063 β˜… β˜… β˜… β˜… β˜…
Nashua
Population 15,630
Avg Home $472,758
Avg Rent $2,162/mo
03064 β˜… β˜… β˜… β˜… β˜…
Nashua
Population 14,565
Avg Home $534,734
Avg Rent $2,283/mo
03076 β˜… β˜… β˜… β˜… β˜…
Pelham
Population 14,333
Avg Home $690,589
Avg Rent $1,728/mo
03045 β˜… β˜… β˜… β˜… β˜…
Goffstown
Population 14,013
Avg Home $519,774
Avg Rent $1,866/mo
03031 β˜… β˜… β˜… β˜… β˜…
Amherst
Population 11,873
Avg Home $669,781
Avg Rent $1,728/mo
03109 β˜… β˜… β˜… β˜… β˜…
Manchester
Population 10,118
Avg Home $473,386
Avg Rent $1,597/mo
03281 β˜… β˜… β˜… β˜… β˜…
Weare
Population 9,141
Avg Home $516,996
Avg Rent $1,872/mo
03049 β˜… β˜… β˜… β˜… β˜…
Hollis
Population 8,530
Avg Home $813,485
Avg Rent $2,052/mo
03052 β˜… β˜… β˜… β˜… β˜…
Litchfield
Population 8,495
Avg Home $621,366
Avg Rent $2,403/mo
03244 β˜… β˜… β˜… β˜… β˜…
Hillsborough
Population 8,005
Avg Home $398,002
Avg Rent $1,530/mo
03458 β˜… β˜… β˜… β˜… β˜…
Peterborough
Population 6,914
Avg Home $486,126
Avg Rent $1,647/mo
03070 β˜… β˜… β˜… β˜… β˜…
New Boston
Population 6,143
Avg Home $639,087
Avg Rent $1,728/mo
03033 β˜… β˜… β˜… β˜… β˜…
Brookline
Population 5,697
Avg Home $683,254
Avg Rent $2,871/mo
03071 β˜… β˜… β˜… β˜… β˜…
New Ipswich
Population 5,274
Avg Home $500,138
Avg Rent $1,728/mo
03086 β˜… β˜… β˜… β˜… β˜…
Wilton
Population 4,183
Avg Home $514,106
Avg Rent $1,728/mo
03048 β˜… β˜… β˜… β˜… β˜…
Mason
Population 3,414
Avg Home $493,180
Avg Rent $1,728/mo
03101 β˜… β˜… β˜… β˜… β˜…
Manchester
Population 3,148
Avg Home $433,647
Avg Rent $2,319/mo
03057 β˜… β˜… β˜… β˜… β˜…
Mont Vernon
Population 2,630
Avg Home $680,220
Avg Rent $2,151/mo
03440 β˜… β˜… β˜… β˜… β˜…
Antrim
Population 2,622
Avg Home $434,982
Avg Rent $1,395/mo
03047 β˜… β˜… β˜… β˜… β˜…
Greenfield
Population 1,816
Avg Home $491,286
Avg Rent $1,377/mo
03449 β˜… β˜… β˜… β˜… β˜…
Hancock
Population 1,806
Avg Home $554,867
Avg Rent $1,611/mo
03082 β˜… β˜… β˜… β˜… β˜…
Lyndeborough
Population 1,676
Avg Home $536,073
Avg Rent $2,178/mo
03442 β˜… β˜… β˜… β˜… β˜…
Bennington
Population 1,494
Avg Home $344,841
Avg Rent $1,476/mo
03084 β˜… β˜… β˜… β˜… β˜…
Temple
Population 1,367
Avg Home $570,470
Avg Rent $1,764/mo
03043 β˜… β˜… β˜… β˜… β˜…
Francestown
Population 1,347
Avg Home $550,104
Avg Rent $1,629/mo

Screen every market in Hillsborough County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Hillsborough County

What are home prices like in, NH?

Typical homes in, NH go for around $540K. The 5-year CAGR of 0.0% consistent price movement.

What approach is best for, NH real estate?

Most investors in, NH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Are tenants stable in, NH?

The renter base in, NH is reasonable for the $1,981/mo price point. Screening well and pricing to market typically yields predictable tenants.

Is NH a landlord-friendly state?

For rental operators, NH rates as tenant-protective. The regulatory environment standard buy-and-hold operations.

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