Average Rent in 02141, Cambridge, MA

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Current Versus Historical 02141, Cambridge, MA Rents

02141 rentals average $3,042 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,353, or roughly $5 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $2,250 (-60.81%) year-over-year from $3,700 to $1,450. 1-bedroom rentals prices have increased by $246 (8.54%) year-over-year from $2,879 to $3,125. 2-bedroom rentals prices have increased by $85 (2.49%) year-over-year from $3,415 to $3,500. 3-bedroom rentals prices have increased by $613 (15.91%) year-over-year from $3,850 to $4,463. 4-bedroom rentals prices have increased by $61 (1.33%) year-over-year from $4,589 to $4,650. 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 39.16% this month. 1-bedroom rents have gone up by 6.23% this month. 2-bedroom rents have gone down by 7.08% this month. 3-bedroom rents have gone down by 3.70% this month. 4-bedroom rents have gone down by 2.11% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.79 $1,450 $3,700 (-60.81%) $2,223 (-34.78%)
1 BR $4.79 $3,125 $2,879 (8.54%) $2,550 (22.53%)
2 BR $4.30 $3,500 $3,415 (2.49%) $2,845 (23.02%)
3 BR $3.38 $4,463 $3,850 (15.91%) $3,283 (35.91%)

Historical Rents in 02141, Cambridge, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02141

There are a total of 3 cities nearby 02141. The average rent in 02141 is currently $3,434 per month. Only one city nearby has an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,584, is the most affordable city nearby. In contrast, the most expensive city near 02141, Cambridge, MA is Boston, MA. Monthly rents here are on average $3,691 per month.

Let's compare 02141, Cambridge, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02141, Cambridge, MA is 6.05% more expensive than other cities nearby. One bedrooms are about 15.29% more expensive. Two bedrooms in 02141, Cambridge, MA are about 15.46% more expensive. Finally, rent for three bedrooms are about 19.35% more affordable. Want more information? Check out the top 3 cities near 02141, Cambridge, MA in the following chart.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Cambridge, MA $2,858 $3,075 $3,785 $3,434
Boston, MA $2,999 $3,528 $4,431 $3,691

Top Neighborhoods Near 02141

There are a total of 8 neighborhoods in or near 02141. Some of these neighborhoods include North Cambridge, South End, and Downtown Boston. We've included all of these top 8 neighborhoods in or near 02141, Cambridge, MA in the following chart.

The average rent for these 8 neighborhoods in or near 02141, Cambridge, MA is currently around $3,717 per month. A total of one neighborhood has a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,717. Interestingly, the neighborhoods' average rent is higher than 02141's average rent, which is only $3,353. Out of all the neighborhoods in or near 02141, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $4,096 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near 02141. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,949 $3,547 $3,085
South End, Boston, MA $2,974 $3,530 $4,812 $3,545
Downtown Boston, Boston, MA $2,820 $3,364 $4,355 $3,650
Chinatown - Leather District, Boston, MA $3,304 $3,603 $5,035 $3,710
East Cambridge, Cambridge, MA $2,989 $3,353 $4,395 $3,724
D Street - West Broadway, Boston, MA $3,260 $3,743 $4,900 $4,002
Kendall Square, Cambridge, MA $3,123 $4,015 $4,661 $4,070
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,220 $4,092 $4,708 $4,096

Top Counties Near 02141

There are a total of 8 counties located by 02141, Cambridge, MA. Some of these counties include Chelsea, MA, Cambridge, MA, and Boston, MA. The average rent for rentals in these counties is $3,434. That's roughly around $4 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,584. Vice versa, with an average rent of $3,691, Boston, MA is the most expensive county by 02141, Cambridge, MA.

Typically, rent for studios in 02141, Cambridge, MA is 6.05% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02141, Cambridge, MA is 15.29% more expensive than other counties nearby. Finally, rent for two bedrooms in 02141, Cambridge, MA is 15.46% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Cambridge, MA $2,858 $3,075 $3,785 $3,434
Boston, MA $2,999 $3,528 $4,431 $3,691

Top Zipcodes Near 02141

There are a total of 12 zipcodes in or near 02141, Cambridge, MA. The average rent for all of these zipcodes is $3,552. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02150, Chelsea, MA at $2,584 per month. In comparison, the zipcode with the most expensive average rent of $4,130 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,710. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02141, Cambridge, MA is $3,367 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,296 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 02141, Cambridge, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02114, Boston, MA $2,820 $3,395 $4,215 $3,695
02210, Boston, MA $3,245 $3,740 $4,950 $4,004
02118, Boston, MA $2,974 $3,530 $4,842 $3,571
02215, Boston, MA $2,363 $4,087 $4,708 $4,011
02116, Boston, MA $2,960 $3,565 $4,915 $3,875
02135, Boston, MA $2,573 $3,104 $3,175 $3,300
02142, Cambridge, MA $3,000 $3,895 $4,446 $4,130
02138, Cambridge, MA $2,515 $2,726 $3,571 $2,859
02134, Boston, MA $3,199 $2,810 $3,200 $3,425
02140, Cambridge, MA $2,600 $2,946 $3,547 $3,085

Frequently Asked Questions - 02141 Average Rents

What is the average rent price in 02141, Cambridge, MA?
The average monthly rental price for 02141, Cambridge, MA apartments for rent is approximately $3,353. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02141, 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 02141, Cambridge, MA.
How much is a studio apartment in 02141, Cambridge, MA?
The average monthly rental price for studio apartments is $3,042 and an average price per square feet of $5.79. There are a total of 10 studio apartment listings currently available for rent in 02141.
How much is a one bedroom apartment in 02141, Cambridge, MA?
The average monthly rental price for one bedroom apartments is $3,630 and an average price per square feet of $4.79. There are a total of 25 one bedroom apartment listings currently available for rent in 02141.
How much is a two bedroom apartment in 02141, Cambridge, MA?
The average monthly rental price for two bedroom apartments is $4,477 and an average price per square feet of $4.30. There are a total of 13 two bedroom apartment listings currently available for rent in 02141.
How have rent prices in 02141, Cambridge, MA changed this year?
Rent prices for rentals in 02141, Cambridge, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.61%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.16% year-over-year.
What is a reasonable rent price in 02141, Cambridge, MA?
A reasonable rent price in 02141, Cambridge, MA is around $2,682/month. You can search for these reasonably priced rental listings on RentHop.
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