Demographics & Housing Market Conditions
Rents
Rental Units by Age of Structure
Source: ACS 2018
Age Units
Built 2000 or later 1,508
Built Between 1980 and 1999 4,395
Built Between 1960 and 1979 4,491
Built 1959 or earlier 6,137
% of Total
9%
27%
27%
37%
MOST RENTAL UNITS ARE IN BUILDIGS BUILT 40 YEARS AGO.
In Nashua, 64% of all rental units are housed in buildings constructed
over 40 years ago, with 37% of units housed in buildings constructed
before 1959. While these older buildings can be a key component of
the naturally-occurring affordable rental stock in the city, they may
have some long-term maintenance challenges and potentially interior
and exterior finishes not appealing to today’s renters. As new
amenitized rental housing stock comes on the market, there may be
added pressure placed on these older buildings to raise rents or
redevelop to compete with newer product.
Nashua Housing Study - 26
ASSOCIATES INC
Rental Units by Structure Type
Source: ACS 2018
25%
mg % of Units
20%
15%
10%
5%
0%
1-Unit 2-Unit 3-4 Units 5to9Units 10-19 Units 20-49 Units 50 or More
Units
RENTAL UNITS IN NASHUA ARE SPREAD ACROSS A WIDE RANGE OF STRUCTURES.
Nashua has a good diversity of building typologies housing rental units. The largest number of
units are in buildings with 20 or more units, not surprisingly. The city also has a good spread
of rental units in smaller structures as well with 38% of all rental units in buildings with fewer
than four units. Only 10% of all rental units are in buildings with more than 50 units.
