Average Rent in 02142, Cambridge, MA

Home  »  MA  »  Cambridge  »  02142

Current Versus Historical 02142, Cambridge, MA Rents

02142 rentals average $3,215 for a studio rental to $6,692 for a 3-bedroom rental. The median price of all currently available listings is $4,011, or roughly $5 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $91 (2.83%) year-over-year from $3,200 to $3,291. 1-bedroom rentals prices have decreased by $4 (-0.11%) year-over-year from $3,600 to $3,596. 2-bedroom rentals prices have decreased by $315 (-6.57%) year-over-year from $4,788 to $4,474. 3-bedroom rentals prices have decreased by $339 (-5.44%) year-over-year from $6,224 to $5,885. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $7,142 to $7,142. 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 up by 1.28% this month. 1-bedroom rents have gone up by 0.48% this month. 2-bedroom rents have gone up by 1.82% this month. 3-bedroom rents have gone up by 0.07% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.96 $3,291 $3,200 (2.83%) $2,527 (30.21%)
1 BR $5.21 $3,596 $3,600 (-0.11%) $3,392 (6.00%)
2 BR $4.05 $4,474 $4,788 (-6.57%) $3,876 (15.42%)
3 BR $4.25 $5,885 $6,224 (-5.44%) $5,651 (4.14%)

Historical Rents in 02142, Cambridge, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02142

There are a total of 3 cities nearby 02142. The average rent in 02142 is currently $3,449 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Brookline, MA, with an average rent of $3,300, is the most affordable city nearby. In contrast, the most expensive city near 02142, Cambridge, MA is Boston, MA. Monthly rents here are on average $3,670 per month.

Let's compare 02142, Cambridge, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02142, Cambridge, MA is 9.10% more expensive than other cities nearby. One bedrooms are about 21.36% more expensive. Two bedrooms in 02142, Cambridge, MA are about 15.66% more expensive. Finally, rent for three bedrooms are about 43.07% more expensive. Want more information? Check out the top 3 cities near 02142, Cambridge, MA in the following chart.
City Studio 1 Bed 2 Bed All
Brookline, MA $1,985 $2,600 $3,200 $3,300
Cambridge, MA $2,923 $3,075 $3,785 $3,449
Boston, MA $2,967 $3,510 $4,454 $3,670

Top Neighborhoods Near 02142

There are a total of 9 neighborhoods in or near 02142. Some of these neighborhoods include North Cambridge, South End, and East Cambridge. We've included all of these top 9 neighborhoods in or near 02142, Cambridge, MA in the following chart.

The average rent for these 9 neighborhoods in or near 02142, Cambridge, MA is currently around $3,670 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $3,670. Out of all the neighborhoods in or near 02142, North Cambridge has the most affordable average rent at $3,065 per month. Whereas, at $4,174 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near 02142. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,943 $3,572 $3,065
South End, Boston, MA $2,924 $3,525 $4,872 $3,594
East Cambridge, Cambridge, MA $3,047 $3,404 $4,390 $3,637
Downtown Boston, Boston, MA $2,820 $3,401 $4,365 $3,660
Chinatown - Leather District, Boston, MA $3,315 $3,600 $5,122 $3,670
West End, Boston, MA $2,905 $3,420 $4,845 $3,743
D Street - West Broadway, Boston, MA $3,199 $3,688 $4,832 $3,942
Kendall Square, Cambridge, MA $3,245 $3,990 $4,605 $4,035
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,400 $4,096 $4,927 $4,174

Top Counties Near 02142

There are a total of 9 counties located by 02142, Cambridge, MA. Some of these counties include Brookline, MA, Cambridge, MA, and Boston, MA. The average rent for rentals in these counties is $3,449. That's roughly around $4 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Brookline, MA. It's average rent per month is $3,300. Vice versa, with an average rent of $3,670, Boston, MA is the most expensive county by 02142, Cambridge, MA.

Typically, rent for studios in 02142, Cambridge, MA is 9.10% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02142, Cambridge, MA is 21.36% more expensive than other counties nearby. Finally, rent for two bedrooms in 02142, Cambridge, MA is 15.66% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Brookline, MA $1,985 $2,600 $3,200 $3,300
Cambridge, MA $2,923 $3,075 $3,785 $3,449
Boston, MA $2,967 $3,510 $4,454 $3,670

Top Zipcodes Near 02142

There are a total of 11 zipcodes in or near 02142, Cambridge, MA. The average rent for all of these zipcodes is $3,533. A total of 10 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02138, Cambridge, MA at $2,859 per month. In comparison, the zipcode with the most expensive average rent of $4,092 per month is 02215, Boston, MA.

Studios in these zipcodes have an average rent of $2,800. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02142, Cambridge, MA is $3,405 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,425 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 02142, 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 $2,800 $3,405 $4,425 $3,710
02210, Boston, MA $3,152 $3,685 $4,889 $3,924
02118, Boston, MA $2,924 $3,530 $4,882 $3,650
02215, Boston, MA $2,660 $4,094 $4,987 $4,092
02116, Boston, MA $2,860 $3,515 $4,940 $3,638
02135, Boston, MA $2,573 $3,094 $3,075 $3,300
02138, Cambridge, MA $2,515 $2,725 $3,573 $2,859
02140, Cambridge, MA $2,646 $2,943 $3,559 $3,103
02134, Boston, MA $3,199 $2,810 $3,200 $3,413
02141, Cambridge, MA $3,042 $3,630 $4,427 $3,404

Frequently Asked Questions - 02142 Average Rents

What is the average rent price in 02142, Cambridge, MA?
The average monthly rental price for 02142, Cambridge, MA apartments for rent is approximately $4,011. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02142, 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 02142, Cambridge, MA.
How much is a studio apartment in 02142, Cambridge, MA?
The average monthly rental price for studio apartments is $3,215 and an average price per square feet of $5.96. There are a total of 13 studio apartment listings currently available for rent in 02142.
How much is a one bedroom apartment in 02142, Cambridge, MA?
The average monthly rental price for one bedroom apartments is $3,910 and an average price per square feet of $5.21. There are a total of 37 one bedroom apartment listings currently available for rent in 02142.
How much is a two bedroom apartment in 02142, Cambridge, MA?
The average monthly rental price for two bedroom apartments is $4,488 and an average price per square feet of $4.05. There are a total of 47 two bedroom apartment listings currently available for rent in 02142.
How have rent prices in 02142, Cambridge, MA changed this year?
Rent prices for rentals in 02142, Cambridge, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 02142, Cambridge, MA?
A reasonable rent price in 02142, Cambridge, MA is around $3,209/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast