Average Rent in Massachusetts

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Current Versus Historical Massachusetts Rents

Massachusetts rentals average $2,913 for a studio rental to $4,725 for a 4-bedroom rental. The median price of all currently available listings is $3,525, or roughly $4 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $179 (9.39%) year-over-year from $1,908 to $2,088. 1-bedroom rentals prices have increased by $104 (4.38%) year-over-year from $2,371 to $2,475. 2-bedroom rentals prices have increased by $169 (6.09%) year-over-year from $2,781 to $2,950. 3-bedroom rentals prices have increased by $245 (7.31%) year-over-year from $3,350 to $3,595. 4-bedroom rentals prices have increased by $533 (11.94%) year-over-year from $4,467 to $5,000. 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 up by 2.87% this month. 1-bedroom rents have gone up by 4.21% this month. 2-bedroom rents have gone up by 2.31% this month. 3-bedroom rents have gone up by 2.28% 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	$5.75	$2,088	$1,908 (9.39%)	$2,126 (-1.80%)
1 BR	$4.63	$2,475	$2,371 (4.38%)	$2,058 (20.24%)
2 BR	$3.95	$2,950	$2,781 (6.09%)	$2,508 (17.61%)
3 BR	$3.37	$3,595	$3,350 (7.31%)	$3,000 (19.83%)
4+ BR	$3.33	$5,000	$4,467 (11.94%)	$4,092 (22.20%)

Historical Rents in Massachusetts

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Massachusetts

There are a total of 40 cities nearby Massachusetts. The average rent in Massachusetts is currently $3,077 per month. A total of 23 cities nearby have an average rent lower than that. Our records show that Waterbury, CT, with an average rent of $1,550, is the most affordable city nearby. In contrast, the most expensive city near Massachusetts is Westhampton Beach, NY. Monthly rents here are on average $30,000 per month.

Let's compare Massachusetts's rent against other top cities nearby by bedroom size. Typically, rent for studios in Massachusetts is 46.35% more expensive than other cities nearby. One bedrooms are about 32.47% more expensive. Two bedrooms in Massachusetts are about 27.85% more expensive. Finally, rent for three bedrooms are about 5.73% more expensive. Want more information? Check out the top 10 cities out of 40 total cities near Massachusetts in the following chart.

City	Studio	1 Bed	2 Bed	All
Waterbury, CT	$1,200	$1,200	$1,600	$1,550
Hartford, CT	$1,150	$1,297	$1,500	$1,575
Manchester, NH	$1,495	$1,848	$2,040	$2,032
Providence, RI	$1,625	$1,950	$2,100	$2,300
New Haven, CT	$1,485	$1,723	$2,300	$2,400
Cambridge, MA	$2,898	$3,075	$3,755	$3,406
Boston, MA	$2,990	$3,533	$4,432	$3,711
Newport, RI	N/A	$2,500	$3,450	$4,750
Hampton Bays, NY	N/A	$8,700	$16,000	$25,000
Westhampton Beach, NY	N/A	$20,000	$28,000	$30,000

Top Neighborhoods Near Massachusetts

There are a total of 91 neighborhoods in or near Massachusetts. Some of these neighborhoods include North Philadelphia East, North Philadelphia West, and Center City East. We've included the top 30 neighborhoods out of 91 total neighborhoods in or near Massachusetts in the following chart.

The average rent for these 30 neighborhoods in or near Massachusetts is currently around $3,500 per month. A total of 46 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Massachusetts, Cobbs Creek has the most affordable average rent at $1,350 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near Massachusetts. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
North Philadelphia East, Philadelphia, PA	$1,295	$1,449	$1,667	$1,650
North Philadelphia West, Philadelphia, PA	$1,228	$1,420	$1,600	$1,700
Center City East, Philadelphia, PA	$1,350	$1,900	$2,838	$2,050
Washington Heights, New York, NY	$2,000	$2,413	$2,939	$3,149
Flatbush, New York, NY	$2,800	$2,789	$3,193	$3,284
Bedford-Stuyvesant, New York, NY	$2,375	$2,850	$3,034	$3,300
East Harlem, New York, NY	$2,675	$3,165	$3,195	$3,370
Harlem, New York, NY	$2,595	$3,100	$3,300	$3,415
Bushwick, New York, NY	$2,650	$2,799	$3,475	$3,450
West Harlem, New York, NY	$2,650	$3,000	$3,400	$3,585
Downtown Boston, Boston, MA	$2,820	$3,377	$4,348	$3,650
D Street - West Broadway, Boston, MA	$3,275	$3,740	$4,889	$4,000
Upper East Side, New York, NY	$2,975	$3,600	$4,795	$4,000
Prospect Heights, New York, NY	$3,598	$4,410	$6,100	$4,300
Financial District, New York, NY	$3,499	$4,500	$6,375	$4,323
East Village, New York, NY	$2,850	$3,625	$4,495	$4,495
Hell's Kitchen, New York, NY	$3,500	$4,039	$6,095	$4,500
Midtown East, New York, NY	$3,398	$4,200	$5,595	$4,550
Williamsburg, New York, NY	$3,611	$4,500	$4,650	$4,650
Murray Hill, New York, NY	$3,600	$4,300	$6,460	$4,793
West Village, New York, NY	$4,625	$4,750	$6,373	$4,795
Greenwich Village, New York, NY	$4,150	$4,800	$5,075	$4,800
Upper West Side, New York, NY	$3,209	$4,477	$6,300	$4,936
Kips Bay, New York, NY	$3,795	$4,158	$5,303	$4,938
Hudson Yards, New York, NY	$3,675	$4,562	$6,900	$5,000
Chelsea, New York, NY	$3,937	$5,500	$7,795	$5,295
Midtown, New York, NY	$3,607	$4,398	$6,895	$5,500
NoMad, New York, NY	$4,449	$5,596	$8,506	$5,710
Gramercy Park, New York, NY	$3,815	$5,195	$5,295	$6,050
Tribeca, New York, NY	$4,250	$6,000	$7,295	$6,895

Top Counties Near Massachusetts

There are a total of 91 counties located by Massachusetts. Some of these counties include Waterbury, CT, Bridgeport, CT, and Manchester, NH. The average rent for rentals in these counties is $3,500. That's roughly around $3 per sqft. A total of 22 counties have a lower average rent. The county that is the most affordable is Waterbury, CT. It's average rent per month is $1,550. Vice versa, with an average rent of $50,000, East Hampton, NY is the most expensive county by Massachusetts.

Typically, rent for studios in Massachusetts is 34.76% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Massachusetts is 25.38% more expensive than other counties nearby. Finally, rent for two bedrooms in Massachusetts is 21.30% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Waterbury, CT	$1,200	$1,200	$1,600	$1,550
Bridgeport, CT	$1,350	$1,600	$1,900	$1,950
Manchester, NH	$1,495	$1,848	$2,040	$2,032
New Haven, CT	$1,485	$1,723	$2,300	$2,400
Cambridge, MA	$2,898	$3,075	$3,755	$3,406
Boston, MA	$2,990	$3,533	$4,432	$3,711
Newport, RI	N/A	$2,500	$3,450	$4,750
Southold, NY	N/A	$3,500	$8,000	$15,000
Southampton, NY	$4,575	$15,500	$24,800	$36,000
East Hampton, NY	N/A	N/A	$40,000	$50,000

Top Zipcodes Near Massachusetts

There are a total of 49 zipcodes in or near Massachusetts. The average rent for all of these zipcodes is $4,250. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19122, Philadelphia, PA at $1,708 per month. In comparison, the zipcode with the most expensive average rent of $6,725 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,245. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Massachusetts is $4,050 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,940 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Massachusetts. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10016, New York, NY	$3,697	$4,250	$5,895	$4,765
10003, New York, NY	$3,815	$4,800	$5,105	$4,999
10019, New York, NY	$3,607	$4,179	$6,500	$4,825
10009, New York, NY	$2,625	$3,650	$4,495	$4,495
10128, New York, NY	$3,415	$3,795	$5,333	$3,900
10038, New York, NY	$3,500	$4,500	$6,457	$4,405
10022, New York, NY	$3,350	$4,500	$5,300	$4,500
10005, New York, NY	$3,535	$4,600	$5,810	$4,247
10011, New York, NY	$3,600	$5,850	$5,925	$4,795
10010, New York, NY	$4,050	$4,760	$5,415	$5,393

Frequently Asked Questions - Massachusetts Average Rents

What is the average rent price in Massachusetts?

The average monthly rental price for Massachusetts apartments for rent is approximately $3,525. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Massachusetts 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 Massachusetts.

How much is a studio apartment in Massachusetts?

The average monthly rental price for studio apartments is $2,913 and an average price per square feet of $5.75. There are a total of 234 studio apartment listings currently available for rent in Massachusetts.

How much is a one bedroom apartment in Massachusetts?

The average monthly rental price for one bedroom apartments is $3,263 and an average price per square feet of $4.63. There are a total of 846 one bedroom apartment listings currently available for rent in Massachusetts.

How much is a two bedroom apartment in Massachusetts?

The average monthly rental price for two bedroom apartments is $3,950 and an average price per square feet of $3.95. There are a total of 639 two bedroom apartment listings currently available for rent in Massachusetts.

How have rent prices in Massachusetts changed this year?

Rent prices for rentals in Massachusetts can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Massachusetts?

A reasonable rent price in Massachusetts is around $2,820/month. You can search for these reasonably priced rental listings on RentHop.