Board Of Aldermen - Minutes - 10/27/2020 - P33

Rents

ASSOCIATES INC

Change in Gross Rent 2013-2018

Source: ACS 2013 and 2018

50%

RENTS ARE RAPIDLY INCREASING 45%
IN NASHUA. 40%

¢ Median Gross Rent increased
19% from 2013-2018

2018:
Median Gross Rent

$1,287 per Month e

25%

35%

20%
15%
10%

5%

0% LJ

Less than $500 $500 - 999 $1,000-$1,499 $1,500 -$1,999 $2,000 or
Greater

m@2013 02018

Over the last five years, rents in the $1,500 to $1,999
range increased by 136%

There was also a 33% increase in rental units charging
greater than $2,000 per month