Average Rent in Kendall Square, Cambridge, MA

Home  »  MA  »  Cambridge  »  Kendall Square

Current Versus Historical Kendall Square, Cambridge, MA Rents

Kendall Square rentals average $3,123 for a studio rental to $5,923 for a 3-bedroom rental. The median price of all currently available listings is $4,038, 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 $152 (4.77%) year-over-year from $3,194 to $3,346. 1-bedroom rentals prices have increased by $513 (14.76%) year-over-year from $3,476 to $3,989. 2-bedroom rentals prices have increased by $399 (8.45%) year-over-year from $4,725 to $5,124. 3-bedroom rentals prices have decreased by $350 (-5.67%) year-over-year from $6,173 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 2.35% this month. 1-bedroom rents have gone up by 6.95% this month. 2-bedroom rents have gone up by 6.45% this month. 3-bedroom rents have gone down by 10.85% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.04 $3,346 $3,194 (4.77%) $2,403 (39.22%)
1 BR $5.17 $3,989 $3,476 (14.76%) $3,217 (23.99%)
2 BR $4.04 $5,124 $4,725 (8.45%) $3,622 (41.46%)
3 BR $3.99 $5,823 $6,173 (-5.67%) $5,401 (7.82%)

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 8 cities nearby Kendall Square. The average rent in Kendall Square is currently $3,594 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,517, is the most affordable city nearby. In contrast, the most expensive city near Kendall Square, Cambridge, MA is Newton, MA. Monthly rents here are on average $4,150 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 39.63% more expensive than other cities nearby. One bedrooms are about 32.49% more expensive. Two bedrooms in Kendall Square, Cambridge, MA are about 25.93% more expensive. Finally, rent for three bedrooms are about 32.04% more expensive. Want more information? Check out the top 8 cities near Kendall Square, Cambridge, MA in the following chart.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,200 $2,750 $2,517
Waltham, MA $1,350 $2,437 $3,000 $2,850
Medford, MA N/A $2,698 $2,800 $3,500
Cambridge, MA $2,838 $3,010 $3,785 $3,552
Boston, MA $2,720 $3,398 $3,984 $3,636
Somerville, MA $2,125 $2,775 $3,700 $3,900
Brookline, MA $1,995 $2,700 $3,700 $3,950
Newton, MA $1,775 $2,550 $3,200 $4,150

Top Neighborhoods Near Kendall Square

There are a total of 19 neighborhoods in or near Kendall Square. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and Beacon Hill. We've included all of these top 19 neighborhoods in or near Kendall Square, Cambridge, MA in the following chart.

The average rent for these 19 neighborhoods in or near Kendall Square, Cambridge, MA is currently around $3,675 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $3,675. Out of all the neighborhoods in or near Kendall 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 Kendall 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 $3,295 $3,225
Beacon Hill, Boston, MA $2,200 $3,550 $4,100 $3,500
North End, Boston, MA $2,400 $3,165 $4,450 $3,500
South End, Boston, MA $3,008 $3,405 $4,663 $3,545
Uphams Corner - Jones Hill, Boston, MA N/A $2,175 $2,875 $3,600
St. Elizabeth's, Boston, MA $2,275 $2,395 $3,598 $3,600
Columbia Point, Boston, MA $150 $2,641 $3,000 $3,625
East Cambridge, Cambridge, MA $2,995 $3,350 $4,429 $3,643
Coolidge Corner, Brookline, MA $2,050 $2,700 $3,400 $3,675
Washington Square, Brookline, MA $1,875 $2,700 $3,750 $3,800
North Allston, Boston, MA $3,199 $3,500 $4,721 $3,819
Downtown Boston, Boston, MA $2,835 $3,443 $4,500 $3,870
Commonwealth, Boston, MA $1,900 $2,300 $3,000 $3,900
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,497 $3,891 $4,516 $3,950
Chinatown - Leather District, Boston, MA $3,232 $3,603 $5,600 $4,005
D Street - West Broadway, Boston, MA $3,240 $3,795 $4,750 $4,158
Back Bay, Boston, MA $2,350 $3,464 $5,800 $4,500
Mission Hill, Boston, MA N/A $2,800 $3,425 $4,500

Top Counties Near Kendall Square

There are a total of 19 counties located by Kendall Square, Cambridge, MA. Some of these counties include Chelsea, MA, Waltham, MA, and Medford, MA. The average rent for rentals in these counties is $3,594. That's roughly around $3 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,517. Vice versa, with an average rent of $4,150, Newton, MA is the most expensive county by Kendall Square, Cambridge, MA.

Typically, rent for studios in Kendall Square, Cambridge, MA is 39.63% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Kendall Square, Cambridge, MA is 32.49% more expensive than other counties nearby. Finally, rent for two bedrooms in Kendall Square, Cambridge, MA is 25.93% more expensive than other counties nearby. We've listed the top 8 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,200 $2,750 $2,517
Waltham, MA $1,350 $2,437 $3,000 $2,850
Medford, MA N/A $2,698 $2,800 $3,500
Cambridge, MA $2,838 $3,010 $3,785 $3,552
Boston, MA $2,720 $3,398 $3,984 $3,636
Somerville, MA $2,125 $2,775 $3,700 $3,900
Brookline, MA $1,995 $2,700 $3,700 $3,950
Newton, MA $1,775 $2,550 $3,200 $4,150

Top Zipcodes Near Kendall Square

There are a total of 31 zipcodes in or near Kendall Square, Cambridge, MA. The average rent for all of these zipcodes is $3,576. A total of 25 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 $2,517 per month. In comparison, the zipcode with the most expensive average rent of $4,650 per month is 02115, Boston, MA.

Studios in these zipcodes have an average rent of $2,500. 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 Kendall Square, Cambridge, MA is $2,800 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,700 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 $3,000 $3,679 $4,525 $4,025
02141, Cambridge, MA $2,989 $3,350 $4,000 $3,550
02116, Boston, MA $2,843 $3,535 $5,498 $3,968
02139, Cambridge, MA $2,400 $2,785 $3,450 $3,500
02114, Boston, MA $2,715 $3,415 $4,228 $3,670
02113, Boston, MA $2,350 $3,200 $3,795 $3,500
02111, Boston, MA $2,900 $3,498 $5,280 $4,015
02215, Boston, MA $2,200 $3,870 $4,500 $3,689
02115, Boston, MA $3,260 $2,875 $5,750 $4,650
02109, Boston, MA $2,613 $3,316 $4,380 $3,548

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 $4,038. 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 $3,123 and an average price per square feet of $6.04. There are a total of 8 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 $3,998 and an average price per square feet of $5.17. There are a total of 24 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 $4,658 and an average price per square feet of $4.04. 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 0.05%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by -0.06% 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 $3,230/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