Average Rent in 02144, Somerville, MA

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Current Versus Historical 02144, Somerville, MA Rents

02144 rentals average $0 for a 2-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,550, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have increased by $155 (7.06%) year-over-year from $2,195 to $2,350. 1-bedroom rentals prices have increased by $227 (8.89%) year-over-year from $2,548 to $2,775. 2-bedroom rentals prices have decreased by $258 (-8.73%) year-over-year from $2,958 to $2,700. 3-bedroom rentals prices have increased by $8 (0.22%) year-over-year from $3,792 to $3,800. 4-bedroom rentals prices have decreased by $17 (-0.35%) year-over-year from $4,817 to $4,800. 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 17.50% this month. 1-bedroom rents have gone up by 3.42% this month. 2-bedroom rents have gone down by 11.48% this month. 3-bedroom rents have gone down by 5.00% this month. 4-bedroom rents have gone down by 7.69% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
3 BR $3.17 $3,800 $3,792 (0.22%) $3,067 (23.91%)

Historical Rents in 02144, Somerville, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02144

There are a total of 3 cities nearby 02144. The average rent in 02144 is currently $3,442 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Brookline, MA, with an average rent of $3,200, is the most affordable city nearby. In contrast, the most expensive city near 02144, Somerville, MA is Boston, MA. Monthly rents here are on average $3,677 per month.

Let's compare 02144, Somerville, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02144, Somerville, MA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in 02144, Somerville, MA are about inf% more affordable. Finally, rent for three bedrooms are about 7.39% more affordable. Want more information? Check out the top 3 cities near 02144, Somerville, MA in the following chart.
City Studio 1 Bed 2 Bed All
Brookline, MA $2,015 $2,600 $3,200 $3,200
Cambridge, MA $2,955 $3,063 $3,790 $3,442
Boston, MA $2,971 $3,519 $4,431 $3,677

Top Neighborhoods Near 02144

There are a total of 9 neighborhoods in or near 02144. Some of these neighborhoods include North Cambridge, East Cambridge, and South End. We've included all of these top 9 neighborhoods in or near 02144, Somerville, MA in the following chart.

The average rent for these 9 neighborhoods in or near 02144, Somerville, MA is currently around $3,670 per month. A total of one neighborhood has a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,670. Interestingly, the neighborhoods' average rent is higher than 02144's average rent, which is only $3,550. Out of all the neighborhoods in or near 02144, 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 02144. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,944 $3,559 $3,065
East Cambridge, Cambridge, MA $3,047 $3,353 $4,427 $3,637
South End, Boston, MA $2,971 $3,540 $4,907 $3,645
Downtown Boston, Boston, MA $2,820 $3,377 $4,355 $3,650
Chinatown - Leather District, Boston, MA $3,304 $3,600 $5,254 $3,670
West End, Boston, MA $2,885 $3,543 $4,960 $3,695
D Street - West Broadway, Boston, MA $3,170 $3,688 $4,832 $3,978
Kendall Square, Cambridge, MA $3,245 $4,026 $4,669 $4,053
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,400 $4,096 $4,927 $4,174

Top Counties Near 02144

There are a total of 9 counties located by 02144, Somerville, MA. Some of these counties include Brookline, MA, Cambridge, MA, and Boston, MA. The average rent for rentals in these counties is $3,442. That's roughly around $4 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Brookline, MA. It's average rent per month is $3,200. Vice versa, with an average rent of $3,677, Boston, MA is the most expensive county by 02144, Somerville, MA.

Typically, rent for studios in 02144, Somerville, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02144, Somerville, MA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 02144, Somerville, MA is inf% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Brookline, MA $2,015 $2,600 $3,200 $3,200
Cambridge, MA $2,955 $3,063 $3,790 $3,442
Boston, MA $2,971 $3,519 $4,431 $3,677

Top Zipcodes Near 02144

There are a total of 12 zipcodes in or near 02144, Somerville, MA. The average rent for all of these zipcodes is $3,605. A total of 6 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 $2,840. 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 02144, Somerville, MA is $3,475 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,394 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 02144, Somerville, 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 $3,435 $4,320 $3,695
02210, Boston, MA $3,158 $3,680 $4,889 $3,956
02118, Boston, MA $2,971 $3,543 $4,907 $3,775
02215, Boston, MA $2,660 $4,094 $4,987 $4,092
02116, Boston, MA $2,860 $3,515 $4,975 $3,678
02142, Cambridge, MA $3,245 $3,855 $4,488 $4,053
02135, Boston, MA $2,573 $3,094 $3,150 $3,300
02138, Cambridge, MA $2,515 $2,725 $3,573 $2,859
02134, Boston, MA $3,199 $2,810 $3,200 $3,413
02140, Cambridge, MA $2,656 $2,945 $3,547 $3,091

Frequently Asked Questions - 02144 Average Rents

What is the average rent price in 02144, Somerville, MA?
The average monthly rental price for 02144, Somerville, MA apartments for rent is approximately $3,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02144, Somerville, 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 02144, Somerville, MA.
How much is a studio apartment in 02144, Somerville, MA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 02144.
How much is a one bedroom apartment in 02144, Somerville, MA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in 02144.
How much is a two bedroom apartment in 02144, Somerville, MA?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in 02144.
How have rent prices in 02144, Somerville, MA changed this year?
Rent prices for rentals in 02144, Somerville, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by -0.09%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in 02144, Somerville, MA?
A reasonable rent price in 02144, Somerville, MA is around $2,840/month. You can search for these reasonably priced rental listings on RentHop.
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