Rent Tracker
Rent Inflation in Manchester, NH
The average asking rent in Manchester, NH is $2,178/month as of 2026-08. That is +4% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$2,178/mo
as of 2026-08
Year-over-Year Change
+4%
24-Month Rent Trend
Monthly ZORI index values for Manchester, NH.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $2,178 | +0.37% |
| 2026-07 | $2,170 | +0.09% |
| 2026-06 | $2,168 | +1.03% |
| 2026-05 | $2,146 | +0.52% |
| 2026-04 | $2,135 | +0.71% |
| 2026-03 | $2,120 | -0.19% |
| 2026-02 | $2,124 | -0.05% |
| 2026-01 | $2,125 | +0.19% |
| 2025-12 | $2,121 | +0.52% |
| 2025-11 | $2,110 | +0.76% |
| 2025-10 | $2,094 | -0.10% |
| 2025-09 | $2,096 | +0.05% |
| 2025-08 | $2,095 | -0.43% |
| 2025-07 | $2,104 | +0.10% |
| 2025-06 | $2,102 | +0.43% |
| 2025-05 | $2,093 | +0.43% |
| 2025-04 | $2,084 | +1.02% |
| 2025-03 | $2,063 | +0.39% |
| 2025-02 | $2,055 | +0.93% |
| 2025-01 | $2,036 | -0.24% |
| 2024-12 | $2,041 | +0.25% |
| 2024-11 | $2,036 | -0.68% |
| 2024-10 | $2,050 | -0.15% |
| 2024-09 | $2,053 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices