Average Rent in Davis Square, Somerville, MA

Home  »  MA  »  Somerville  »  Davis Square

Current Versus Historical Davis Square, Somerville, MA Rents

Davis Square rentals average $0 for a 3-bedroom rental to $5,600 for a 4-bedroom rental. The median price of all currently available listings is $5,600, or roughly $5 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $202 (8.79%) year-over-year from $2,293 to $2,494. 1-bedroom rentals prices have increased by $323 (12.36%) year-over-year from $2,617 to $2,940. 2-bedroom rentals prices have decreased by $99 (-3.42%) year-over-year from $2,899 to $2,800. 3-bedroom rentals prices have increased by $558 (14.82%) year-over-year from $3,767 to $4,325. 4-bedroom rentals prices have increased by $283 (5.43%) year-over-year from $5,217 to $5,500. 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 0.71% this month. 1-bedroom rents have gone up by 5.04% this month. 2-bedroom rents have gone down by 5.08% this month. 3-bedroom rents have gone up by 7.90% this month. 4-bedroom rents have gone down by 1.20% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
4+ BR $2,802.60 $5,500 $5,217 (5.43%) $4,892 (12.44%)

Historical Rents in Davis Square, Somerville, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Davis Square

There are a total of 6 cities nearby Davis Square. The average rent in Davis Square is currently $3,585 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,509, is the most affordable city nearby. In contrast, the most expensive city near Davis Square, Somerville, MA is Brookline, MA. Monthly rents here are on average $4,000 per month.

Let's compare Davis Square, Somerville, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Davis Square, Somerville, MA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Davis Square, Somerville, MA are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 6 cities near Davis Square, Somerville, MA in the following chart.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,200 $2,800 $2,509
Medford, MA N/A $2,548 $2,800 $3,500
Cambridge, MA $2,838 $3,005 $3,789 $3,534
Boston, MA $2,745 $3,400 $3,984 $3,636
Somerville, MA $2,125 $2,775 $3,700 $3,900
Brookline, MA $2,020 $2,950 $3,700 $4,000

Top Neighborhoods Near Davis Square

There are a total of 17 neighborhoods in or near Davis Square. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and St. Elizabeth's. We've included all of these top 17 neighborhoods in or near Davis Square, Somerville, MA in the following chart.

The average rent for these 17 neighborhoods in or near Davis Square, Somerville, MA is currently around $3,800 per month. A total of 17 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Davis Square, North Cambridge has the most affordable average rent at $3,134 per month. Whereas, at $4,500 average rent per month, Mission Hill is the most expensive neighborhood in or near Davis Square. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,953 $3,547 $3,134
Central Maverick Square - Paris Street, Boston, MA $2,418 $3,000 $3,348 $3,225
St. Elizabeth's, Boston, MA $2,275 $2,395 $3,598 $3,500
North End, Boston, MA $2,400 $3,165 $4,450 $3,500
Beacon Hill, Boston, MA $2,200 $3,550 $4,100 $3,500
South End, Boston, MA $3,008 $3,425 $4,700 $3,545
East Cambridge, Cambridge, MA $2,995 $3,350 $4,429 $3,642
Coolidge Corner, Brookline, MA $2,048 $3,000 $3,400 $3,800
Commonwealth, Boston, MA $1,900 $2,300 $3,000 $3,800
North Allston, Boston, MA $3,199 $3,500 $4,721 $3,819
Downtown Boston, Boston, MA $2,835 $3,426 $4,500 $3,858
Chinatown - Leather District, Boston, MA $3,232 $3,603 $5,600 $3,995
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,499 $3,899 $4,508 $4,000
Kendall Square, Cambridge, MA $3,123 $3,998 $4,640 $4,037
D Street - West Broadway, Boston, MA $3,240 $3,795 $4,750 $4,158
Back Bay, Boston, MA $2,400 $3,514 $5,800 $4,500
Mission Hill, Boston, MA N/A $2,800 $3,425 $4,500

Top Counties Near Davis Square

There are a total of 17 counties located by Davis Square, Somerville, MA. Some of these counties include Chelsea, MA, Medford, MA, and Cambridge, MA. The average rent for rentals in these counties is $3,585. That's roughly around $4 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,509. Vice versa, with an average rent of $4,000, Brookline, MA is the most expensive county by Davis Square, Somerville, MA.

Typically, rent for studios in Davis Square, Somerville, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Davis Square, Somerville, MA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Davis Square, Somerville, MA is inf% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,200 $2,800 $2,509
Medford, MA N/A $2,548 $2,800 $3,500
Cambridge, MA $2,838 $3,005 $3,789 $3,534
Boston, MA $2,745 $3,400 $3,984 $3,636
Somerville, MA $2,125 $2,775 $3,700 $3,900
Brookline, MA $2,020 $2,950 $3,700 $4,000

Top Zipcodes Near Davis Square

There are a total of 28 zipcodes in or near Davis Square, Somerville, MA. The average rent for all of these zipcodes is $3,629. A total of 28 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 $2,509 per month. In comparison, the zipcode with the most expensive average rent of $4,625 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,508. 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 Davis Square, Somerville, MA is $2,875 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,773 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Davis Square, Somerville, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02144, Somerville, MA $2,350 $2,850 $3,700 $4,300
02140, Cambridge, MA $2,632 $2,944 $3,600 $3,355
02138, Cambridge, MA $2,515 $2,742 $3,600 $3,340
02155, Medford, MA N/A $2,548 $2,800 $3,500
02143, Somerville, MA $2,433 $2,750 $3,825 $3,900
02139, Cambridge, MA $2,400 $2,770 $3,400 $3,450
02134, Boston, MA $3,087 $2,810 $3,950 $3,940
02141, Cambridge, MA $2,989 $3,350 $4,000 $3,500
02142, Cambridge, MA $3,000 $3,679 $4,507 $4,015
02135, Boston, MA $2,500 $2,700 $3,200 $3,425

Frequently Asked Questions - Davis Square Average Rents

What is the average rent price in Davis Square, Somerville, MA?
The average monthly rental price for Davis Square, Somerville, MA apartments for rent is approximately $5,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Davis Square, 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 Davis Square, Somerville, MA.
How much is a studio apartment in Davis Square, 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 Davis Square.
How much is a one bedroom apartment in Davis Square, 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 Davis Square.
How much is a two bedroom apartment in Davis Square, 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 0 two bedroom apartment listings currently available for rent in Davis Square.
How have rent prices in Davis Square, Somerville, MA changed this year?
Rent prices for rentals in Davis Square, Somerville, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in Davis Square, Somerville, MA?
A reasonable rent price in Davis Square, Somerville, MA is around $4,480/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