Demographics & Housing Market Conditions
Rents
RENTS ARE RAPIDLY INCREASING IN NASHUA.
Gross rent, which is rent plus utilities, has
increased 19% over the last five years to a high
of $1,287 per month.
2018:
Median Gross Rent
$1,287 per Month
Nashua Housing Study - 25
Change in Gross Rent 2013-2018
Source: ACS 2013 and 2018
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
Less than $500 $500 - 999 $1,000-$1,499 $1,500 -$1,999 $2,000 or
Greater
0%
m@2013 02018
RENTS IN THE $1,500 - $1,999 RANGE HAVE INCREASED BY 136%.
In Nashua, 63% of rental units fall within a gross rent range of $500 to $1,500 per
month. Over the last five years, rents in the $1,500 to $1,999 range increased by
136% while rents in the $500 to $999 range fell by 18%. It appears from the data
that there has been a transition of rental units into this next price bracket. There
was also a 33% increase in rental units charging greater than $2,000 per month.
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