Average Rent in Kendall Square, Cambridge, MA

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Current Versus Historical Kendall Square, Cambridge, MA Rents

Kendall Square rentals average $3,245 for a studio rental to $6,692 for a 3-bedroom rental. The median price of all currently available listings is $4,035, 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 $262 (8.23%) year-over-year from $3,189 to $3,451. 1-bedroom rentals prices have increased by $25 (0.70%) year-over-year from $3,540 to $3,565. 2-bedroom rentals prices have decreased by $251 (-5.01%) year-over-year from $5,002 to $4,751. 3-bedroom rentals prices have decreased by $634 (-9.82%) year-over-year from $6,457 to $5,823. 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 4.27% this month. 1-bedroom rents have gone down by 0.84% this month. 2-bedroom rents have gone up by 0.07% this month. 3-bedroom rents have gone down by 0.00% 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 $3,451 $3,189 (8.23%) $2,510 (37.52%)
1 BR $5.21 $3,565 $3,540 (0.70%) $3,392 (5.09%)
2 BR $4.03 $4,751 $5,002 (-5.01%) $3,912 (21.44%)
3 BR $4.25 $5,823 $6,457 (-9.82%) $5,651 (3.04%)

Historical Rents in Kendall Square, Cambridge, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Kendall Square

There are a total of 3 cities nearby Kendall Square. The average rent in Kendall Square 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 Kendall Square, Cambridge, MA is Boston, MA. Monthly rents here are on average $3,670 per month.

Let's compare Kendall Square, Cambridge, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Kendall Square, Cambridge, MA is 9.94% more expensive than other cities nearby. One bedrooms are about 22.93% more expensive. Two bedrooms in Kendall Square, Cambridge, MA are about 17.81% more expensive. Finally, rent for three bedrooms are about 43.07% more expensive. Want more information? Check out the top 3 cities near Kendall Square, 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 Kendall Square

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

The average rent for these 8 neighborhoods in or near Kendall Square, Cambridge, MA is currently around $3,665 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Kendall Square, 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 Kendall Square. 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
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,400 $4,096 $4,927 $4,174

Top Counties Near Kendall Square

There are a total of 8 counties located by Kendall Square, 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 Kendall Square, Cambridge, MA.

Typically, rent for studios in Kendall Square, Cambridge, MA is 9.94% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Kendall Square, Cambridge, MA is 22.93% more expensive than other counties nearby. Finally, rent for two bedrooms in Kendall Square, Cambridge, MA is 17.81% 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 Kendall Square

There are a total of 12 zipcodes in or near Kendall Square, Cambridge, MA. The average rent for all of these zipcodes is $3,585. A total of 11 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 $2,830. 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 Kendall Square, Cambridge, MA is $3,460 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,426 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Kendall Square, Cambridge, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02142, Cambridge, MA $3,215 $3,910 $4,488 $4,011
02141, Cambridge, MA $3,042 $3,630 $4,427 $3,404
02116, Boston, MA $2,860 $3,515 $4,940 $3,638
02114, Boston, MA $2,800 $3,405 $4,425 $3,710
02215, Boston, MA $2,660 $4,094 $4,987 $4,092
02109, Boston, MA N/A $3,339 $4,378 $3,533
02118, Boston, MA $2,924 $3,530 $4,882 $3,650
02210, Boston, MA $3,152 $3,685 $4,889 $3,924
02134, Boston, MA $3,199 $2,810 $3,200 $3,413
02138, Cambridge, MA $2,515 $2,725 $3,573 $2,859

Frequently Asked Questions - Kendall Square Average Rents

What is the average rent price in Kendall Square, Cambridge, MA?
The average monthly rental price for Kendall Square, Cambridge, MA apartments for rent is approximately $4,035. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Kendall Square, 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 Kendall Square, Cambridge, MA.
How much is a studio apartment in Kendall Square, Cambridge, MA?
The average monthly rental price for studio apartments is $3,245 and an average price per square feet of $5.96. There are a total of 9 studio apartment listings currently available for rent in Kendall Square.
How much is a one bedroom apartment in Kendall Square, Cambridge, MA?
The average monthly rental price for one bedroom apartments is $3,990 and an average price per square feet of $5.21. There are a total of 27 one bedroom apartment listings currently available for rent in Kendall Square.
How much is a two bedroom apartment in Kendall Square, Cambridge, MA?
The average monthly rental price for two bedroom apartments is $4,605 and an average price per square feet of $4.03. There are a total of 37 two bedroom apartment listings currently available for rent in Kendall Square.
How have rent prices in Kendall Square, Cambridge, MA changed this year?
Rent prices for rentals in Kendall Square, Cambridge, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by -0.10% year-over-year.
What is a reasonable rent price in Kendall Square, Cambridge, MA?
A reasonable rent price in Kendall Square, Cambridge, MA is around $3,228/month. You can search for these reasonably priced rental listings on RentHop.
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