Nashua Today:
Housing
The 2020 Housing Study outlined
five key considerations for housing
in Nashua including: planning for
how and where housing growth
should take place in the city,
expanding access to affordable
housing options across the city,
minimizing displacement of low
income households, employing
strategies to improve the quality
of the housing stock in the
Downtown area, and capitalizing
on strategic partnerships with
housing resources and agencies.
New apartment complex in Nashua
Findings from the study revealed
very limited vacancy in both owner
and rental markets in Nashua,
as demand for all housing types
continues to rise in the city. Rent
and sales prices continue to rise
(the average sale price fora home
in Nashua has grown 19% since
2010, while median rents are
up 19% since 2013). The rise in
housing costs will be most felt by
residents in the Downtown area,
where most renters, lower-income
households and older housing
stock in need of rehabilitation are
located.The study also highlights
that Nashua’s fastest growing
Comprehensive Master Plan
Housing
2020 Housing Study
In fall 2020, the City
completed a Housing Study
that looked at the state of the
local and regional housing
market, identified key housing
issues and challenges
facing Nashua, and provided
strategies for implementation.
The study outlined five key
considerations for housing in
Nashua including: planning
for how and where housing
growth should take place in
the city, addressing issues of
affordability and displacement
of low income households,
employing strategies to
improve the quality of the
housing stock in the Downtown
area, and capitalizing on
strategic partnerships with
housing resources.
113
