$4,200 Per Month
- 4 Beds
- 4.5 Baths
- 3,434 Sq Ft
- Condo for Rent
5 Lowther Place Unit U6, Nashua, NH 03062
5 Lowther Place Unit U6, Nashua, NH 03062
Frequently Asked Questions
How much does it cost to rent a condo in Nashua, NH?
The median rent for a condo in Nashua, NH is $2,273 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Nashua, NH?
To comfortably afford the median rent in Nashua, NH, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Nashua, NH, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Nashua, NH?
In Nashua, NH, the price-to-rent ratio is 19.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Nashua, NH are best for renting a condo?
The best neighborhood for renting in Nashua, NH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Northwest Nashua, Southwest Nashua, Southeast Nashua, North Chelmsford and Pawtucketville, each with its own character and price range.
