Average Rent in 02138, Cambridge, MA

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Current Versus Historical 02138, Cambridge, MA Rents

02138 rentals average $2,200 for a studio rental to $7,550 for a 4-bedroom rental. The median price of all currently available listings is $3,350, or roughly $48 per square feet.

For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $610 (-21.72%) year-over-year from $2,810 to $2,200. 1-bedroom rentals prices have decreased by $100 (-3.51%) year-over-year from $2,850 to $2,750. 2-bedroom rentals prices have increased by $108 (3.19%) year-over-year from $3,392 to $3,500. 3-bedroom rentals prices have increased by $567 (14.41%) year-over-year from $3,933 to $4,500. 4-bedroom rentals prices have increased by $1,417 (16.51%) year-over-year from $8,583 to $10,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 10.20% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 0.94% this month. 3-bedroom rents have gone up by 4.65% this month. 4-bedroom rents have gone up by 32.45% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$50.40	$2,200	$2,810 (-21.72%)	$2,175 (1.16%)
1 BR	$54.12	$2,750	$2,850 (-3.51%)	$2,579 (6.62%)
2 BR	$45.24	$3,500	$3,392 (3.19%)	$3,492 (0.24%)
3 BR	$46.06	$4,500	$3,933 (14.41%)	$4,833 (-6.90%)
4+ BR	$47.29	$10,000	$8,583 (16.51%)	$9,633 (3.81%)

Historical Rents in 02138, Cambridge, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 02138

There are a total of 15 cities nearby 02138. The average rent in 02138 is currently $3,195 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near 02138, Cambridge, MA is Lexington, MA. Monthly rents here are on average $4,500 per month.

Let's compare 02138, Cambridge, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02138, Cambridge, MA is 17.05% more expensive than other cities nearby. One bedrooms are about 15.24% more expensive. Two bedrooms in 02138, Cambridge, MA are about 20.00% more expensive. Finally, rent for three bedrooms are about 22.22% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near 02138, Cambridge, MA in the following table.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,595	$2,195	$2,700	$2,300
Malden, MA	$1,700	$2,100	$2,500	$2,500
Everett, MA	$1,825	$2,000	$2,500	$2,700
Watertown Town, MA	N/A	$2,450	$2,800	$3,000
Arlington, MA	$1,825	$2,200	$2,900	$3,195
Medford, MA	$1,925	$2,225	$2,800	$3,200
Somerville, MA	$2,350	$2,600	$3,000	$3,300
Cambridge, MA	$2,200	$2,861	$3,500	$3,500
Newton, MA	$2,050	$2,350	$2,900	$3,625
Brookline, MA	$2,100	$2,800	$3,750	$3,800

Top Neighborhoods Near 02138

There are a total of 25 neighborhoods in or near 02138. Some of these neighborhoods include Broadway, Maplewood, and Glendale. We've included all of these top 25 neighborhoods in or near 02138, Cambridge, MA in the following table.

The average rent for these 25 neighborhoods in or near 02138, Cambridge, MA is currently around $3,200 per month. A total of 17 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,200. Interestingly, the neighborhoods' average rent is less than 02138's average rent, which is actually $3,350. Out of all the neighborhoods in or near 02138, Broadway has the most affordable average rent at $1,750 per month. Whereas, at $5,000 average rent per month, Downtown Boston is the most expensive neighborhood in or near 02138. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Broadway, Chelsea, MA	$1,595	$2,300	$2,700	$1,750
Maplewood, Malden, MA	$1,700	$1,900	$2,300	$2,300
Glendale, Everett, MA	$1,950	$2,000	$2,475	$2,600
Commonwealth, Boston, MA	$2,000	$2,200	$2,700	$2,700
Jeffries Point - Airport, Boston, MA	$1,975	$2,500	$2,900	$2,900
Harbor View - Orient Heights, Boston, MA	$1,038	$2,009	$2,995	$2,985
Mission Hill, Boston, MA	$2,350	$2,300	$2,925	$3,000
Watertown West End, Watertown Town, MA	N/A	$2,100	$2,800	$3,000
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,200	$2,850	$3,400	$3,000
Oak Square, Boston, MA	N/A	$2,200	$2,800	$3,000
Beacon Hill, Boston, MA	$2,500	$2,950	$3,825	$3,100
St. Elizabeth's, Boston, MA	$1,825	$2,438	$3,295	$3,150
South Medford, Medford, MA	$1,950	$2,500	$2,750	$3,200
Washington Square, Brookline, MA	$2,200	$2,701	$3,300	$3,200
Neighborhood Nine, Cambridge, MA	$2,200	$2,600	$3,520	$3,300
North End, Boston, MA	$2,300	$2,550	$3,700	$3,300
Columbia Point, Boston, MA	$1,975	$2,550	$3,250	$3,300
West End, Boston, MA	$2,684	$3,320	$4,393	$3,548
East Cambridge, Cambridge, MA	$2,988	$3,400	$3,993	$3,600
Back Bay, Boston, MA	$2,500	$3,450	$5,200	$3,700
Coolidge Corner, Brookline, MA	$2,000	$3,200	$3,638	$3,750
South End, Boston, MA	$2,725	$3,463	$4,275	$3,800
Chinatown - Leather District, Boston, MA	$2,975	$4,000	$3,275	$3,910
D Street - West Broadway, Boston, MA	$3,355	$3,450	$4,383	$4,100
Downtown Boston, Boston, MA	$2,900	$3,850	$5,148	$5,000

Top Counties Near 02138

There are a total of 15 counties located by 02138, Cambridge, MA. Some of these counties include Chelsea, MA, Malden, MA, and Everett, MA. The average rent for rentals in these counties is $3,195. That's roughly around $32 per sqft. A total of 11 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. Its average rent per month is $2,300. Vice versa, with an average rent of $4,500, Lexington, MA is the most expensive county by 02138, Cambridge, MA.

Typically, rent for studios in 02138, Cambridge, MA is 17.05% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02138, Cambridge, MA is 15.24% more expensive than other counties nearby. Finally, rent for two bedrooms in 02138, Cambridge, MA is 20.00% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,595	$2,195	$2,700	$2,300
Malden, MA	$1,700	$2,100	$2,500	$2,500
Everett, MA	$1,825	$2,000	$2,500	$2,700
Watertown Town, MA	N/A	$2,450	$2,800	$3,000
Arlington, MA	$1,825	$2,200	$2,900	$3,195
Medford, MA	$1,925	$2,225	$2,800	$3,200
Somerville, MA	$2,350	$2,600	$3,000	$3,300
Cambridge, MA	$2,200	$2,861	$3,500	$3,500
Newton, MA	$2,050	$2,350	$2,900	$3,625
Brookline, MA	$2,100	$2,800	$3,750	$3,800

Top Zipcodes Near 02138

There are a total of 18 zipcodes in or near 02138, Cambridge, MA. The average rent for all of these zipcodes is $3,249. A total of 12 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02150, Chelsea, MA at $2,300 per month. In comparison, the zipcode with the most expensive average rent of $4,008 per month is 02111, Boston, MA.

Studios in these zipcodes have an average rent of $2,044. That's at least $55 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02138, Cambridge, MA is $2,551 per month. Or in other words, $45 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,125 per month. Which comes out to $39 per sqft. The following table includes the top 10 zipcodes in 02138, Cambridge, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02135, Boston, MA	$1,988	$2,300	$2,800	$2,950
02127, Boston, MA	$2,400	$3,200	$3,950	$3,950
02215, Boston, MA	$2,200	$2,948	$3,500	$2,995
02128, Boston, MA	$1,900	$2,350	$2,950	$2,900
02116, Boston, MA	$2,500	$3,600	$5,250	$3,800
02114, Boston, MA	$2,560	$3,150	$4,323	$3,511
02155, Medford, MA	$1,925	$2,225	$2,800	$3,200
02118, Boston, MA	$2,725	$3,365	$4,200	$3,715
02115, Boston, MA	$2,700	$3,000	$3,900	$3,300
02125, Boston, MA	$1,950	$2,500	$3,100	$3,298

Frequently Asked Questions - 02138 Average Rents

What is the average rent price in 02138, Cambridge, MA?

The average monthly rental price for 02138, Cambridge, MA apartments for rent is approximately $3,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 02138, Cambridge, MA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 02138, Cambridge, MA.

How much is a studio apartment in 02138, Cambridge, MA?

The average monthly rental price for studio apartments is $2,200 and an average price per square feet of $50.40. There are a total of 3 studio apartment listings currently available for rent in 02138.

How much is a one bedroom apartment in 02138, Cambridge, MA?

The average monthly rental price for one bedroom apartments is $2,625 and an average price per square feet of $54.12. There are a total of 30 one bedroom apartment listings currently available for rent in 02138.

How much is a two bedroom apartment in 02138, Cambridge, MA?

The average monthly rental price for two bedroom apartments is $3,500 and an average price per square feet of $45.24. There are a total of 29 two bedroom apartment listings currently available for rent in 02138.

How have rent prices in 02138, Cambridge, MA changed this year?

Rent prices for rentals in 02138, Cambridge, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.03%, three bedroom rental prices have changed by 0.14% year-over-year.

What is a reasonable rent price in 02138, Cambridge, MA?

A reasonable rent price in 02138, Cambridge, MA is around $2,680/month. You can search for these reasonably priced rental listings on RentHop.