Board Of Aldermen - Minutes - 4/8/2021 - P15

Rents

RENTS ARE RAPIDLY
INCREASING
IN NASHUA.

¢ Median Gross Rent increased
19% from 2013-2018

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2018:
Median Gross Rent

$1,287 per Month

50%

45%

40%

35%

30%

25%

20%

15%

10%

5%

0%

ASSOCIATES INC

Change in Gross Rent 2013-2018

Source: ACS 2013 and 2018

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

@2013 2018

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