Housing market/New Hampshire/ZIP 03103

ACS 2023 · FY2027 SAFMR

ZIP 03103 Manchester, New Hampshire

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

Population
37,659
Households
15,345
Median HH income
$70,049
Renter share
50.2%
Median gross rent
$1,322
Vacancy
5.1%
Pop. change
+0.1%
2BR SAFMR
$2,000
SAFMR / rent
1.513×
2–49 unit stock
8,904
LIHTC proj / units
16 / 685
HUD assisted MF
10 / 255

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 03103 · NH — sent to you.

ZIP 03103 · NH

ACS median rent$1,322
2BR SAFMR$2,000
90% floor$1,800
110% ceiling$2,200

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

Housing stock

ACS 2023 units-in-structure · ZCTA 03103

  • 1-unit detached6,19338.3%
  • 1-unit attached6814.2%
  • 2–4 units5,73535.5%
  • 5–49 units3,16919.6%
  • 50+ units3412.1%
  • Mobile470.3%
TypeUnitsShare
1-unit detached6,19338.3%
1-unit attached6814.2%
2 units (duplex)2,92518.1%
3–4 units2,81017.4%
5–9 units1,5859.8%
10–19 units5103.2%
20–49 units1,0746.6%
50+ units3412.1%
Mobile470.3%

2–4 unit share 35.5% · 5–49 unit share 19.6% · combined 2–49 55.1%.

Units by bedrooms

Studio
128
1BR
3,092
2BR
5,028
3BR
5,302
4BR
2,205
5+
411

Rent burden

Rent ≥30% of income53.8%
Rent ≥50% of income23.9%
  • ACS median gross rent $1,322 (all bedrooms, occupied rentals).
  • Median contract rent $1,128.
  • Renters paying ≥30% of income 53.8%; ≥50% 23.9%.
  • FY2027 2BR SAFMR $2,000 (1.513× ACS median gross rent).

Population

37,659 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.1%.

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

Assisted inventory

  • LIHTC: 16 projects, 685 units.
  • HUD project-based assisted MF: 10 properties, 255 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 03103 50.2% of occupied households are renters; vacancy is 5.1%; ACS median gross rent is $1,322; population increased +0.1% between the 2018 and 2023 ACS vintages; the housing stock includes 5,735 units in 2–4-unit structures and 3,169 units in 5–49-unit structures; 16 LIHTC projects totaling 685 units; FY2027 2BR SAFMR is $2,000 versus ACS median gross rent of $1,322. 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 03103 is a Census / HUD profile for Manchester, NH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 03103?

ZIP 03103 (Manchester, NH HUD Metro FMR Area) has 37,659 residents, 15,345 households, a renter share of 50.2%, median household income of $70,049, and ACS 2023 median gross rent of $1,322. Vacancy is 5.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 03103?

ACS counts 2,925 units in 2-unit buildings, 2,810 in 3–4 unit buildings, 1,585 in 5–9, 510 in 10–19, and 1,074 in 20–49. Combined 2–49 unit stock is 8,904 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 03103?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,000. See the full schedule and 90–110% payment-standard band on the ZIP 03103 — Manchester, NH HUD Section 8 Payment Standards / SAFMR.

Does this New Hampshire ZIP profile include Georgia listings?

No. ZIP 03103 is Census / HUD research for Manchester, NH HUD Metro FMR Area. 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.