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Housing market/New Hampshire/ZIP 03104

ACS 2023 · FY2027 SAFMR

ZIP 03104 Manchester, Merrimack County, New Hampshire

Merrimack County, NH · New Hampshire. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
35,274
Households
14,727
Median HH income
$84,513
Renter share
43.0%
Median gross rent
$1,455
Vacancy
6.3%
Pop. change
+8.2%
2BR SAFMR
$2,130
SAFMR / rent
1.464×
2–49 unit stock
7,704
LIHTC proj / units
9 / 423
HUD assisted MF
2 / 41

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 03104 · NH — sent to you.

ZIP 03104 · NH

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ACS rent vs 2BR SAFMR

ZIP 03104 — Manchester, NH HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,455
2BR SAFMR$2,130
90% floor$1,917
110% ceiling$2,343

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 03104

  • 1-unit detached6,51141.4%
  • 1-unit attached9355.9%
  • 2–4 units3,45022.0%
  • 5–49 units4,25427.1%
  • 50+ units4983.2%
  • Mobile670.4%
TypeUnitsShare
1-unit detached6,51141.4%
1-unit attached9355.9%
2 units (duplex)1,63310.4%
3–4 units1,81711.6%
5–9 units1,4179.0%
10–19 units1,0196.5%
20–49 units1,81811.6%
50+ units4983.2%
Mobile670.4%

2–4 unit share 22.0% · 5–49 unit share 27.1% · combined 2–49 49.0%.

Units by bedrooms

Studio
56
1BR
2,953
2BR
5,447
3BR
5,155
4BR
1,702
5+
402

Rent burden

Rent ≥30% of income44.9%
Rent ≥50% of income24.8%
  • ACS median gross rent $1,455 (all bedrooms, occupied rentals).
  • Median contract rent $1,292.
  • Renters paying ≥30% of income 44.9%; ≥50% 24.8%.
  • FY2027 2BR SAFMR $2,130 (1.464× ACS median gross rent).

Population

35,274 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 9 projects, 423 units.
  • HUD project-based assisted MF: 2 properties, 41 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 188 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 03104 43.0% of occupied households are renters; vacancy is 6.3%; ACS median gross rent is $1,455; population increased +8.2% between the 2018 and 2023 ACS vintages; the housing stock includes 3,450 units in 2–4-unit structures and 4,254 units in 5–49-unit structures; 9 LIHTC projects totaling 423 units; FY2027 2BR SAFMR is $2,130 versus ACS median gross rent of $1,455. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New Hampshire research

ZIP 03104 is a Census / HUD profile for Merrimack County, NH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 03104 — Manchester, NH HUD Section 8 Payment Standards / SAFMR·New Hampshire ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
03034Merrimack County, NH9.2%$1,198$2,12003037Merrimack County, NH8.6%$1,531$2,23003045Merrimack County, NH14.0%$1,590$2,18003046Merrimack County, NH4.9%$1,000$1,88003102Merrimack County, NH60.7%$1,533$2,12003106Merrimack County, NH21.9%$1,638$2,20003216Merrimack County, NH10.8%$1,257$1,78003220Merrimack County, NH17.2%$1,151$1,78003221Merrimack County, NH10.6%$1,465$2,03003224Merrimack County, NH7.5%$1,967$1,78003229Merrimack County, NH12.9%$1,166$1,78003230Merrimack County, NH7.3%$1,375$1,780

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New Hampshire research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 03104?

ZIP 03104 (Merrimack County, NH) has 35,274 residents, 14,727 households, a renter share of 43.0%, median household income of $84,513, and ACS 2023 median gross rent of $1,455. Vacancy is 6.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 03104?

ACS counts 1,633 units in 2-unit buildings, 1,817 in 3–4 unit buildings, 1,417 in 5–9, 1,019 in 10–19, and 1,818 in 20–49. Combined 2–49 unit stock is 7,704 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 03104?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,130. See the full schedule and 90–110% payment-standard band on the ZIP 03104 — Manchester, NH HUD Section 8 Payment Standards / SAFMR.

Does this New Hampshire ZIP profile include Georgia listings?

No. ZIP 03104 is Census / HUD research for Merrimack County, NH. Jeff Crowe CRE does not list New Hampshire property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.