Real Estate Investing in Nashua, New Hampshire (03060)

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

Hillsborough County • Population: 32,223 • Data updated: September 2026

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Should you buy in 03060 (Nashua, NH)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (61/100)

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

📈 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 Nashua, NH (03060)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $477,090
Avg Monthly Rent $2,185
1% Rule ✗ Does Not Meet
Median Income $69,452
% Renters 62.9%

Market Analysis: 03060 Nashua

Investors eyeing 03060 need to respect the fundamentals at play. Home values of $477K come alongside slower price movement and elevated management overhead.

Rent of $2,185/mo on a $477K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 03060 sits below the stated 0.0% once reality is priced in.

Regionally, 03060 sits on the difficult end of the NH spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.

Meanwhile, 32,223 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

New investors are better served looking at Nashua's stable or hybrid ZIPs before stepping into 03060. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Nashua:

C+ Average
Buy Confidence Score: 63/100
Affordability
5/25
Appreciation
22/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.9× the median income
Value Trend
Rising (+6.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,185/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Manchester-Nashua, NH Metro Area
Even conditions for buyers and sellers
20 days
Average time to sell
Fast
11.1%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Manchester-Nashua, NH metro data
🏠

Property Strategy for 03060

Which property type performs best in this market?

Best for Cash Flow
1BR
4.6% cap rate
Best for Appreciation
1BR
+12.1% 5yr CAGR
Best Overall Value
5BR
$113,638/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $254,772 $1,630 4.6% +12.1% $254,772
2BR $374,525 $2,070 4.0% +9.4% $187,263
3BR $472,536 $2,750 4.2% +8.6% $157,512
4BR $505,842 $2,920 4.2% +8.8% $126,460
5BR $568,192 +8.7% $113,638

Market Trends

Home Value History (with trend line)

$505K$432K$359K$286K$214K$141KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,218$2,121$2,024$1,926$1,829$1,732Oct 2021Mar 2024Jul 2026

📊 How Does 03060 Compare?

Metric 03060 Nashua Manchester-Nashua, NH New Hampshire
Home Value $477,090 $407,484 N/A $496,656
5-Year CAGR 6.9% 6.8% N/A 9.6%
Avg Rent $2,185 $2,318 N/A -
Cap Rate 3.6% 3.6% - -
💡 Why Invest in 03060? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

63% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
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 ZIP 03060 (Nashua, 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 — 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 — 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 — is this your business? Claim it free

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

Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+6.9%
Strong

📊 Market Snapshot

Home Value $477,090
Monthly Rent $2,185
Price-to-Rent 18.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.5%
Cap Rate 3.6%
5-Year IRR 10.5%

📈 Home Appreciation

1-Year +6.5% ▲
3-Year CAGR +6.2% ▲
5-Year CAGR +6.9% ▲
10-Year CAGR +8.4% ▲

🏠 Rent Trends

1-Year +3.3% ▲
3-Year CAGR +3.7% ▲
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
4.9%
Low risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+6.9%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03060

Population: 32,223

💰 Median Household Income
$69,452
This area
$69,452
State
$93,430
USA
$74,580
🏠 Renter Occupied
62.9%
This area
62.9%
State
18.9%
USA
34.0%
💼 Unemployment Rate
3.4%
This area
3.4%
State
-6.0%
USA
3.7%
🎓 College Educated
29.0%
This area
29.0%
State
29.2%
USA
33.7%
👤 Median Age
35.6 years
This area
35.6 years
State
34.2 years
USA
38.9 years
🏚️ Vacancy Rate
4.9%
This area
4.9%
State
22.4%
USA
10.5%
👥 Population by Ethnicity
White 76.5%
Other/Mixed 15.9%
Hispanic/Latino 12.6%
Black/African American 3.8%
Asian 3.8%
👶 Under 18
19.1%
This area
19.1%
USA
22.0%
👴 65 and Over
12.8%
This area
12.8%
USA
17.3%
📊 Poverty Rate
7.4%
This area
7.4%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 03060

A+ Avg School Grade
10 Schools
9.3:1 Avg Class Size
$20,794 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Dr. Norman W. Crisp School

📚 K – 05 Elementary
👥
377 Students
👨‍🏫
10.8:1 Class Size
💰
$20,794 Per Student
A+ Excellent

Fairgrounds Middle School

📚 06 – 08 Middle
👥
546 Students
👨‍🏫
10.6:1 Class Size
💰
$20,794 Per Student
A+ Excellent

Ledge Street School

📚 K – 05 Elementary
👥
412 Students
👨‍🏫
8.7:1 Class Size
💰
$20,794 Per Student
A+ Excellent

Pennichuck Middle School

📚 06 – 08 Middle
👥
557 Students
👨‍🏫
10.1:1 Class Size
💰
$20,794 Per Student
A+ Excellent

Sunset Heights School

📚 K – 05 Elementary
👥
374 Students
👨‍🏫
9.9:1 Class Size
💰
$20,794 Per Student
A+ Excellent

Elm Street Middle School

📚 06 – 08 Middle
👥
895 Students
👨‍🏫
12.0:1 Class Size
💰
$20,794 Per Student
A+ Excellent

Mt. Pleasant School

📚 Pre-K – 05 Elementary
👥
257 Students
👨‍🏫
8.9:1 Class Size
💰
$20,794 Per Student
A Very Good

Brentwood Academy

📚 09 – 12 High School
👥
25 Students
👨‍🏫
3.6:1 Class Size
💰
$20,794 Per Student
B+ Above Average

Fairgrounds Elementary School

📚 K – 05 Elementary
👥
499 Students
💰
$20,794 Per Student
B Good

Purple Panthers Preschool

📚 Grade PK Elementary
👥
38 Students
💰
$20,794 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 1,766 Off-Campus Students
C
Rivier University
2,879 students · 0.2 mi
D
St Joseph School of Nursing
96 students · 1.1 mi
C+
New Hampshire Institute for Therapeutic Arts
24 students · 1.7 mi
C
Harmony Health Care Institute
164 students · 4.6 mi
C+
Thomas More College of Liberal Arts
95 students · 4.7 mi
C
Nashua Community College
1,262 students · 4.9 mi
C+
Greater Lowell Technical School
77 students · 7.1 mi
B
University of Massachusetts-Lowell
16,770 students · 9.1 mi

Investor Insight: With 1,766 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What real estate strategy is ideal for Nashua, NH?

Nashua, NH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($477K prices, $2,185/mo rents) make it a reasonable choice.

Is the tenant base reliable in Nashua, NH?

The renter base in Nashua, NH is reasonable for the $2,185/mo price point. Screening well and pricing to market typically yields measured tenants.

How much should I expect to pay for a home in Nashua, NH?

Typical homes in Nashua, NH go for around $477K. The 5-year CAGR of 0.0% predictable price movement.

What does house hacking look like in Nashua, NH?

For house hackers, Nashua, NH is a challenging. The $2,185/mo rent on a unit helps defray the mortgage on a $477K property.

What monthly rent should investors expect in Nashua, NH?

Average rent in Nashua, NH is approximately $2,185/mo per month. Against $477K home values that yields a reasonable rent-to-price ratio.

You know 03060 now. You don’t know where it ranks.

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How 03060 ranks in Manchester-Nashua, NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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