Average Rent in Medford, MA

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Current Versus Historical Medford, MA Rents

Medford rentals average $1,925 for a studio rental to $5,225 for a 4-bedroom rental. The median price of all currently available listings is $3,200, or roughly $32 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $38 (1.96%) year-over-year from $1,913 to $1,950. 1-bedroom rentals prices have decreased by $258 (-10.51%) year-over-year from $2,458 to $2,200. 2-bedroom rentals prices have increased by $38 (1.36%) year-over-year from $2,763 to $2,800. 3-bedroom rentals prices have increased by $563 (18.52%) year-over-year from $3,038 to $3,600. 4-bedroom rentals prices have increased by $167 (3.85%) year-over-year from $4,333 to $4,500. 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 38.46% this month. 1-bedroom rents have gone down by 4.28% this month. 2-bedroom rents have gone down by 0.59% this month. 3-bedroom rents have gone up by 4.22% this month. 4-bedroom rents have gone down by 8.16% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$46.80	$1,950	$1,913 (1.96%)	$8 (24,275.00%)
1 BR	$40.91	$2,200	$2,458 (-10.51%)	$2,150 (2.33%)
2 BR	$31.37	$2,800	$2,763 (1.36%)	$2,567 (9.09%)
3 BR	$31.64	$3,600	$3,038 (18.52%)	$3,242 (11.05%)
4+ BR	$29.91	$4,500	$4,333 (3.85%)	$4,441 (1.33%)

Historical Rents in Medford, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Medford

There are a total of 14 cities nearby Medford. The average rent in Medford is currently $3,098 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Medford, MA is Lexington, MA. Monthly rents here are on average $4,500 per month.

Let's compare Medford, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Medford, MA is 0.65% more affordable than other cities nearby. One bedrooms are about 0.50% more affordable. Two bedrooms in Medford, MA are about 3.13% more affordable. Finally, rent for three bedrooms are about 2.13% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Medford, MA in the following table.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,595	$2,195	$2,800	$2,300
Malden, MA	$1,700	$2,100	$2,600	$2,600
Revere, MA	$1,695	$2,175	$2,650	$2,650
Everett, MA	$1,700	$2,000	$2,475	$2,700
Wakefield, MA	$2,665	$2,738	$3,355	$2,963
Watertown Town, MA	$2,675	$2,500	$2,800	$2,995
Arlington, MA	$1,825	$2,200	$2,900	$3,200
Somerville, MA	$2,450	$2,600	$3,050	$3,373
Cambridge, MA	$2,475	$2,863	$3,500	$3,500
Lexington, MA	N/A	$2,150	$3,100	$4,500

Top Neighborhoods Near Medford

There are a total of 22 neighborhoods in or near Medford. Some of these neighborhoods include Broadway, Maplewood, and Glendale. We've included all of these top 22 neighborhoods in or near Medford, MA in the following table.

The average rent for these 22 neighborhoods in or near Medford, MA is currently around $3,125 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $3,125. Interestingly, the neighborhoods' average rent is less than Medford's average rent, which is actually $3,200. Out of all the neighborhoods in or near Medford, Broadway has the most affordable average rent at $1,750 per month. Whereas, at $5,000 average rent per month, Downtown Boston is the most expensive neighborhood in or near Medford. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Broadway, Chelsea, MA	$1,595	$2,350	$2,800	$1,750
Maplewood, Malden, MA	$1,700	$2,100	$2,500	$2,500
Glendale, Everett, MA	$1,775	$2,000	$2,450	$2,600
Commonwealth, Boston, MA	$2,000	$2,200	$2,700	$2,700
Jeffries Point - Airport, Boston, MA	$1,975	$2,525	$2,900	$2,900
Mission Hill, Boston, MA	$2,350	$2,300	$2,800	$2,950
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,200	$2,900	$3,400	$2,995
Harbor View - Orient Heights, Boston, MA	$1,038	$2,200	$2,998	$3,000
Watertown West End, Watertown Town, MA	N/A	$2,100	$2,800	$3,000
Oak Square, Boston, MA	$1,950	$2,200	$2,825	$3,000
Beacon Hill, Boston, MA	$2,500	$2,925	$3,950	$3,100
St. Elizabeth's, Boston, MA	$1,800	$2,363	$3,300	$3,150
Washington Square, Brookline, MA	$2,200	$2,800	$3,300	$3,225
South Medford, Medford, MA	$1,950	$2,700	$2,700	$3,275
North End, Boston, MA	$2,300	$2,700	$3,800	$3,375
East Cambridge, Cambridge, MA	$2,823	$3,300	$3,935	$3,600
West End, Boston, MA	$2,750	$3,300	$4,440	$3,635
Back Bay, Boston, MA	$2,500	$3,475	$5,025	$3,700
Coolidge Corner, Brookline, MA	$2,000	$2,988	$3,675	$3,750
South End, Boston, MA	$2,525	$3,350	$4,275	$3,800
D Street - West Broadway, Boston, MA	$2,983	$3,485	$4,485	$4,200
Downtown Boston, Boston, MA	$2,900	$3,843	$5,413	$5,000

Top Counties Near Medford

There are a total of 15 counties located by Medford, MA. Some of these counties include Chelsea, MA, Malden, MA, and Revere, MA. The average rent for rentals in these counties is $3,200. That's roughly around $32 per sqft. A total of 10 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. Its average rent per month is $2,300. Vice versa, with an average rent of $4,500, Lexington, MA is the most expensive county by Medford, MA.

Typically, rent for studios in Medford, MA is on par with the other counties nearby. In comparison, rent for one bedroom listings in Medford, MA is on par with the other counties nearby. Finally, rent for two bedrooms in Medford, MA is 2.68% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,595	$2,195	$2,800	$2,300
Malden, MA	$1,700	$2,100	$2,600	$2,600
Revere, MA	$1,695	$2,175	$2,650	$2,650
Everett, MA	$1,700	$2,000	$2,475	$2,700
Wakefield, MA	$2,665	$2,738	$3,355	$2,963
Watertown Town, MA	$2,675	$2,500	$2,800	$2,995
Medford, MA	$1,925	$2,250	$2,800	$3,200
Arlington, MA	$1,825	$2,200	$2,900	$3,200
Somerville, MA	$2,450	$2,600	$3,050	$3,373
Cambridge, MA	$2,475	$2,863	$3,500	$3,500

Top Zipcodes Near Medford

There are a total of 18 zipcodes in or near Medford, MA. The average rent for all of these zipcodes is $3,275. A total of 9 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02150, Chelsea, MA at $2,300 per month. In comparison, the zipcode with the most expensive average rent of $4,023 per month is 02111, Boston, MA.

Studios in these zipcodes have an average rent of $2,250. That's at least $55 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Medford, MA is $2,615 per month. Or in other words, $46 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,350 per month. Which comes out to $42 per sqft. The following table includes the top 10 zipcodes in Medford, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02135, Boston, MA	$1,963	$2,275	$2,775	$2,988
02155, Medford, MA	$1,925	$2,250	$2,800	$3,200
02127, Boston, MA	$2,300	$3,125	$3,970	$3,950
02128, Boston, MA	$1,900	$2,350	$2,900	$2,900
02215, Boston, MA	$2,200	$2,900	$3,600	$2,988
02148, Malden, MA	$1,700	$2,100	$2,600	$2,600
02114, Boston, MA	$2,585	$3,165	$4,435	$3,548
02116, Boston, MA	$2,500	$3,538	$5,500	$3,900
02138, Cambridge, MA	$2,350	$2,625	$3,600	$3,350
02118, Boston, MA	$2,650	$3,330	$4,100	$3,675

Frequently Asked Questions - Medford Average Rents

What is the average rent price in Medford, MA?

The average monthly rental price for Medford, MA apartments for rent is approximately $3,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Medford, 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 Medford, MA.

How much is a studio apartment in Medford, MA?

The average monthly rental price for studio apartments is $1,925 and an average price per square feet of $46.80. There are a total of 4 studio apartment listings currently available for rent in Medford.

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

The average monthly rental price for one bedroom apartments is $2,250 and an average price per square feet of $40.91. There are a total of 21 one bedroom apartment listings currently available for rent in Medford.

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

The average monthly rental price for two bedroom apartments is $2,800 and an average price per square feet of $31.37. There are a total of 55 two bedroom apartment listings currently available for rent in Medford.

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

Rent prices for rentals in Medford, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by 0.19% year-over-year.

What is a reasonable rent price in Medford, MA?

A reasonable rent price in Medford, MA is around $2,560/month. You can search for these reasonably priced rental listings on RentHop.