Average Rent in Malden Center, Malden, MA

Current Versus Historical Malden Center, Malden, MA Rents

Malden Center rentals average $0 for a studio rental to $3,100 for a 2-bedroom rental. The median price of all currently available listings is $2,700, or roughly $3 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 $0 (0.00%) year-over-year from $1,600 to $1,600. 1-bedroom rentals prices have increased by $349 (16.27%) year-over-year from $2,146 to $2,495. 2-bedroom rentals prices have decreased by $1,053 (-25.99%) year-over-year from $4,053 to $3,000. 3-bedroom rentals prices have increased by $1,067 (42.11%) year-over-year from $2,533 to $3,600. 4-bedroom rentals prices have decreased by $1,344 (-30.95%) year-over-year from $4,344 to $3,000. 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 down by 0.00% this month. 1-bedroom rents have gone down by 14.55% this month. 2-bedroom rents have gone down by 20.21% this month. 3-bedroom rents have gone down by 7.69% 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 (% +/-)
1 BR	$3.38	$2,495	$2,146 (16.27%)	$1,835 (35.97%)
2 BR	$2.68	$3,000	$4,053 (-25.99%)	$2,252 (33.23%)

Historical Rents in Malden Center, Malden, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Malden Center

There are a total of 4 cities nearby Malden Center. The average rent in Malden Center is currently $2,959 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near Malden Center, Malden, MA is Somerville, MA. Monthly rents here are on average $3,900 per month.

Let's compare Malden Center, Malden, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Malden Center, Malden, MA is inf% more affordable than other cities nearby. One bedrooms are about 5.40% more expensive. Two bedrooms in Malden Center, Malden, MA are about 11.29% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 4 cities near Malden Center, Malden, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,700	$2,400	$2,550	$2,400
Chelsea, MA	$1,550	$2,200	$2,700	$2,517
Medford, MA	N/A	$2,548	$2,800	$3,400
Somerville, MA	$2,125	$2,800	$3,700	$3,900

Top Neighborhoods Near Malden Center

There are a total of 1 neighborhoods in or near Malden Center. We've included all of these top 1 neighborhoods in or near Malden Center, Malden, MA in the following chart.

The average rent for these 1 neighborhoods in or near Malden Center, Malden, MA is currently around $3,176 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Malden Center's average rent, which is only $2,700. Out of all the neighborhoods in or near Malden Center, North Cambridge has the most affordable average rent at $3,176 per month. Whereas, at $3,176 average rent per month, North Cambridge is the most expensive neighborhood in or near Malden Center. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
North Cambridge, Cambridge, MA	$2,814	$2,953	$3,547	$3,176

Top Counties Near Malden Center

There are a total of 1 counties located by Malden Center, Malden, MA. Some of these counties include Lynn, MA, Chelsea, MA, and Medford, MA. The average rent for rentals in these counties is $2,959. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,400. Vice versa, with an average rent of $3,900, Somerville, MA is the most expensive county by Malden Center, Malden, MA.

Typically, rent for studios in Malden Center, Malden, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Malden Center, Malden, MA is 5.40% more expensive than other counties nearby. Finally, rent for two bedrooms in Malden Center, Malden, MA is 11.29% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,700	$2,400	$2,550	$2,400
Chelsea, MA	$1,550	$2,200	$2,700	$2,517
Medford, MA	N/A	$2,548	$2,800	$3,400
Somerville, MA	$2,125	$2,800	$3,700	$3,900

Top Zipcodes Near Malden Center

There are a total of 3 zipcodes in or near Malden Center, Malden, MA. The average rent for all of these zipcodes is $3,365.

The following chart includes the top 3 zipcodes in Malden Center, Malden, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02155, Medford, MA	N/A	$2,548	$2,800	$3,400
02150, Chelsea, MA	$1,550	$2,200	$2,700	$2,517
02140, Cambridge, MA	$2,410	$2,950	$3,600	$3,365

Frequently Asked Questions - Malden Center Average Rents

What is the average rent price in Malden Center, Malden, MA?

The average monthly rental price for Malden Center, Malden, MA apartments for rent is approximately $2,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Malden Center, Malden, 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 Malden Center, Malden, MA.

How much is a studio apartment in Malden Center, Malden, 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 1 studio apartment listings currently available for rent in Malden Center.

How much is a one bedroom apartment in Malden Center, Malden, MA?

The average monthly rental price for one bedroom apartments is $2,615 and an average price per square feet of $3.38. There are a total of 3 one bedroom apartment listings currently available for rent in Malden Center.

How much is a two bedroom apartment in Malden Center, Malden, MA?

The average monthly rental price for two bedroom apartments is $3,100 and an average price per square feet of $2.68. There are a total of 3 two bedroom apartment listings currently available for rent in Malden Center.

How have rent prices in Malden Center, Malden, MA changed this year?

Rent prices for rentals in Malden Center, Malden, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by -0.26%, and three bedroom rental prices have changed by 0.42% year-over-year.

What is a reasonable rent price in Malden Center, Malden, MA?

A reasonable rent price in Malden Center, Malden, MA is around $2,160/month. You can search for these reasonably priced rental listings on RentHop.