Average Rent in Malden, MA

Home » MA » Malden

Current Versus Historical Malden, MA Rents

Malden rentals average $0 for a studio rental to $3,650 for a 4-bedroom rental. The median price of all currently available listings is $2,800, or roughly $3 per square feet.

For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $570 (44.53%) year-over-year from $1,280 to $1,850. 1-bedroom rentals prices have increased by $67 (3.28%) year-over-year from $2,033 to $2,100. 2-bedroom rentals prices have increased by $250 (10.00%) year-over-year from $2,500 to $2,750. 3-bedroom rentals prices have increased by $383 (13.14%) year-over-year from $2,917 to $3,300. 4-bedroom rentals prices have increased by $333 (10.05%) year-over-year from $3,317 to $3,650. 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 8.82% this month. 1-bedroom rents have gone up by 7.23% this month. 2-bedroom rents have gone up by 4.76% this month. 3-bedroom rents have gone up by 6.45% this month. 4-bedroom rents have gone down by 4.37% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.53	$2,100	$2,033 (3.28%)	$1,600 (31.25%)
2 BR	$2.68	$2,750	$2,500 (10.00%)	$2,082 (32.06%)
3 BR	$2.35	$3,300	$2,917 (13.14%)	$2,433 (35.62%)
4+ BR	$2.08	$3,650	$3,317 (10.05%)	$3,175 (14.96%)

Historical Rents in Malden, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Malden

There are a total of 6 cities nearby Malden. The average rent in Malden is currently $2,723 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Revere, MA, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near Malden, MA is Somerville, MA. Monthly rents here are on average $3,630 per month.

Let's compare Malden, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Malden, MA is inf% more affordable than other cities nearby. One bedrooms are about 2.30% more affordable. Two bedrooms in Malden, MA are about 1.79% more affordable. Finally, rent for three bedrooms are about 3.05% more affordable. Want more information? Check out the top 6 cities near Malden, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Revere, MA	$1,800	$2,150	$2,575	$2,400
Lynn, MA	$1,650	$2,394	$2,500	$2,478
Chelsea, MA	$1,675	$1,950	$2,900	$2,695
Everett, MA	N/A	$2,125	$2,800	$2,750
Medford, MA	$1,163	$2,300	$3,000	$3,500
Somerville, MA	$2,050	$2,758	$3,398	$3,630

Top Neighborhoods Near Malden

There are a total of 3 neighborhoods in or near Malden. Some of these neighborhoods include Cambridge Highlands, North Cambridge, and Neighborhood Nine. We've included all of these top 3 neighborhoods in or near Malden, MA in the following chart.

The average rent for these 3 neighborhoods in or near Malden, MA is currently around $3,350 per month. Meaning, only three neighborhoods have a higher average rent than $3,350. Interestingly, the neighborhoods' average rent is higher than Malden's average rent, which is only $2,800. Out of all the neighborhoods in or near Malden, Cambridge Highlands has the most affordable average rent at $3,125 per month. Whereas, at $3,600 average rent per month, Neighborhood Nine is the most expensive neighborhood in or near Malden. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Cambridge Highlands, Cambridge, MA	$2,640	$2,800	$3,831	$3,125
North Cambridge, Cambridge, MA	$2,566	$2,944	$3,559	$3,350
Neighborhood Nine, Cambridge, MA	$2,750	$2,914	$3,825	$3,600

Top Counties Near Malden

There are a total of 3 counties located by Malden, MA. Some of these counties include Revere, MA, Lynn, MA, and Chelsea, MA. The average rent for rentals in these counties is $2,750. That's roughly around $3 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Revere, MA. It's average rent per month is $2,400. Vice versa, with an average rent of $3,630, Somerville, MA is the most expensive county by Malden, MA.

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

County	Studio	1 Bed	2 Bed	All
Revere, MA	$1,800	$2,150	$2,575	$2,400
Lynn, MA	$1,650	$2,394	$2,500	$2,478
Chelsea, MA	$1,675	$1,950	$2,900	$2,695
Everett, MA	N/A	$2,125	$2,800	$2,750
Malden, MA	N/A	$2,175	$2,800	$2,800
Medford, MA	$1,163	$2,300	$3,000	$3,500
Somerville, MA	$2,050	$2,758	$3,398	$3,630

Top Zipcodes Near Malden

There are a total of 8 zipcodes in or near Malden, MA. The average rent for all of these zipcodes is $3,099. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02151, Revere, MA at $2,400 per month. In comparison, the zipcode with the most expensive average rent of $3,900 per month is 02144, Somerville, MA.

Studios in these zipcodes have an average rent of $1,419. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Malden, MA is $2,238 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,950 per month. Which comes out to $3 per sqft. The following chart includes the top 8 zipcodes in Malden, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02140, Cambridge, MA	$2,520	$2,900	$3,547	$3,434
02155, Medford, MA	$1,163	$2,300	$3,000	$3,500
02145, Somerville, MA	$2,050	$2,700	$3,175	$3,397
02150, Chelsea, MA	$1,675	$1,950	$2,900	$2,695
02144, Somerville, MA	N/A	$2,500	$3,450	$3,900
02151, Revere, MA	$1,800	$2,150	$2,575	$2,400
02148, Malden, MA	N/A	$2,175	$2,800	$2,800
02149, Everett, MA	N/A	$2,125	$2,800	$2,750

Frequently Asked Questions - Malden Average Rents

What is the average rent price in Malden, MA?

The average monthly rental price for Malden, MA apartments for rent is approximately $2,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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, MA.

How much is a studio apartment in 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.

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

The average monthly rental price for one bedroom apartments is $2,175 and an average price per square feet of $3.53. There are a total of 22 one bedroom apartment listings currently available for rent in Malden.

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

The average monthly rental price for two bedroom apartments is $2,800 and an average price per square feet of $2.68. There are a total of 34 two bedroom apartment listings currently available for rent in Malden.

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

Rent prices for rentals in Malden, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.45%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by 0.13% year-over-year.

What is a reasonable rent price in Malden, MA?

A reasonable rent price in Malden, MA is around $2,240/month. You can search for these reasonably priced rental listings on RentHop.