Real Estate Investing in Nashua, New Hampshire (03064)

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

Hillsborough County • Population: 14,565 • Data updated: September 2026

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Should you buy in 03064 (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 (03064)?

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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 $534,734
Avg Monthly Rent $2,283
1% Rule ✗ Does Not Meet
Median Income $83,780
% Renters 39.4%

Market Analysis: 03064 Nashua

Investors eyeing 03064 need to respect the fundamentals at play. Home values of $535K come alongside slower price movement and elevated management overhead.

Distressed markets are won on execution, not on spreadsheets. ZIP 03064 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

In the broader NH picture, 03064 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The 03064 ZIP's population of 14,565 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.

The 03064 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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: 61/100
Affordability
5/25
Appreciation
22/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.4× the median income
Value Trend
Rising (+6.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,283/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 03064

Which property type performs best in this market?

Best for Cash Flow
3BR
3.7% cap rate
Best for Appreciation
5BR
+9.4% 5yr CAGR
Best Overall Value
5BR
$137,529/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $429,245 $1,970 3.3% +9.0% $214,623
3BR $501,330 $2,610 3.7% +8.7% $167,110
4BR $582,419 $2,780 3.4% +8.7% $145,605
5BR $687,643 +9.4% $137,529

Market Trends

Home Value History (with trend line)

$564K$488K$412K$336K$260K$184KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,330$2,238$2,147$2,055$1,964$1,873Dec 2024Oct 2025Jul 2026

📊 How Does 03064 Compare?

Metric 03064 Nashua Manchester-Nashua, NH New Hampshire
Home Value $534,734 $407,484 N/A $496,656
5-Year CAGR 6.7% 6.8% N/A 9.6%
Avg Rent $2,283 $2,318 N/A -
Cap Rate 3.3% 3.6% - -
💡 Why Invest in 03064? Click to expand

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

A healthy rental market with 39% renter-occupied households ensures tenant availability.

📊 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 03064 (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
3.3%
Low
5yr Growth
+6.7%
Strong

📊 Market Snapshot

Home Value $534,734
Monthly Rent $2,283
Price-to-Rent 19.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.1%
Cap Rate 3.3%
5-Year IRR 10.1%

📈 Home Appreciation

1-Year +6.5% ▲
3-Year CAGR +6.2% ▲
5-Year CAGR +6.7% ▲
10-Year CAGR +7.9% ▲

🏠 Rent Trends

1-Year +10.5% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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)
+6.7%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 03064

Population: 14,565

💰 Median Household Income
$83,780
This area
$83,780
State
$93,430
USA
$74,580
🏠 Renter Occupied
39.4%
This area
39.4%
State
18.9%
USA
34.0%
💼 Unemployment Rate
3.8%
This area
3.8%
State
-6.0%
USA
3.7%
🎓 College Educated
37.7%
This area
37.7%
State
29.2%
USA
33.7%
👤 Median Age
43.4 years
This area
43.4 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 82.0%
Other/Mixed 13.3%
Hispanic/Latino 8.7%
Asian 2.9%
Black/African American 1.8%
👶 Under 18
17.3%
This area
17.3%
USA
22.0%
👴 65 and Over
17.9%
This area
17.9%
USA
17.3%
📊 Poverty Rate
9.3%
This area
9.3%
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 03064

A+ Avg School Grade
4 Schools
12.7:1 Avg Class Size
$20,794 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Charlotte Ave Elementary School

📚 K – 05 Elementary
👥
375 Students
👨‍🏫
11.7:1 Class Size
💰
$20,794 Per Student
A+ Excellent

Amherst Street School

📚 K – 05 Elementary
👥
286 Students
👨‍🏫
9.5:1 Class Size
💰
$20,794 Per Student
A Very Good

Franklin Street School

📚 Grade PK Elementary
👥
213 Students
👨‍🏫
15.2:1 Class Size
💰
$20,794 Per Student
A Very Good

Nashua Title I Preschool

📚 Grade PK Elementary
👥
57 Students
👨‍🏫
14.3:1 Class Size
💰
$20,794 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Birch Hill Elementary School

📚 K – 05 Elementary
📍 17 Birch Hill Dr., Nashua
👥
316 Students
👨‍🏫
9.9:1 Class Size
💰
$20,794 Per Student
A+ Excellent

Dr. Norman W. Crisp School

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

Fairgrounds Middle School

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

Ledge Street School

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

Pennichuck Middle School

📚 06 – 08 Middle
📍 207 Manchester St., Nashua
👥
557 Students
👨‍🏫
10.1:1 Class Size
💰
$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+
New Hampshire Institute for Therapeutic Arts
24 students · 1.7 mi
C
Harmony Health Care Institute
164 students · 1.9 mi
D
St Joseph School of Nursing
96 students · 2.0 mi
C+
Thomas More College of Liberal Arts
95 students · 2.0 mi
C
Nashua Community College
1,262 students · 2.7 mi
C
Rivier University
2,879 students · 2.9 mi
C+
Greater Lowell Technical School
77 students · 9.7 mi
B
University of Massachusetts-Lowell
16,770 students · 11.5 mi

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

Frequently Asked Questions

Is vacancy a concern in Nashua, NH?

Rental vacancy in Nashua, NH is elevated. Investors should budget normal turnover but not chronic empty units.

What is it like being a landlord in Nashua, NH?

NH law landlord-friendly for landlords, and Nashua inherits those rules. Investors should still review local ordinances for rental licensing.

Is the tenant base reliable in Nashua, NH?

Tenant demand in Nashua, NH is solid. The local workforce $2,283/mo rents across most rental classes.

How much do tenants pay in Nashua, NH?

Expect rents around $2,283/mo per month in Nashua, NH. With home values at $535K, the yield math works out to reasonable levels for rental investors.

Is Nashua, NH a good market for FHA house hackers?

Nashua, NH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,283/mo rent level.

You know 03064 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 03064 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 03064 ranks in Manchester-Nashua, NH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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