Average Rent in Medford, MA

Home » MA » Medford

Current Versus Historical Medford, MA Rents

Medford rentals average $1,963 for a studio rental to $4,298 for a 4-bedroom rental. The median price of all currently available listings is $3,150, or roughly $33 per square feet.

For the apartment units and housing in August 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $150 (-7.06%) year-over-year from $2,125 to $1,975. 1-bedroom rentals prices have decreased by $83 (-3.65%) year-over-year from $2,283 to $2,200. 2-bedroom rentals prices have increased by $8 (0.29%) year-over-year from $2,892 to $2,900. 3-bedroom rentals prices have increased by $200 (6.06%) year-over-year from $3,300 to $3,500. 4-bedroom rentals prices have increased by $67 (1.57%) year-over-year from $4,233 to $4,300. 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 3.09% this month. 1-bedroom rents have gone down by 9.59% this month. 2-bedroom rents have gone down by 0.57% this month. 3-bedroom rents have gone down by 0.47% this month. 4-bedroom rents have gone down by 1.53% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$52.51	$1,975	$2,125 (-7.06%)	$954 (107.06%)
1 BR	$41.20	$2,200	$2,283 (-3.65%)	$2,075 (6.02%)
2 BR	$32.23	$2,900	$2,892 (0.29%)	$2,733 (6.13%)
3 BR	$33.28	$3,500	$3,300 (6.06%)	$3,221 (8.67%)
4+ BR	$29.17	$4,300	$4,233 (1.57%)	$4,208 (2.20%)

Historical Rents in Medford, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Medford

There are a total of 16 cities nearby Medford. The average rent in Medford is currently $3,050 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 $2,200, is the most affordable city nearby. In contrast, the most expensive city near Medford, MA is Lexington, MA. Monthly rents here are on average $4,825 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 on par with the other cities nearby. One bedrooms are about 12.50% more affordable. Two bedrooms in Medford, MA are on par with the other cities nearby. Finally, rent for three bedrooms are about 2.14% more affordable. Want more information? Check out the top 10 cities out of 16 total cities near Medford, MA in the following table.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,150	$2,900	$2,200
Woburn, MA	N/A	$2,000	$2,500	$2,450
Malden, MA	$1,800	$2,050	$2,500	$2,700
Everett, MA	$1,875	$2,100	$2,500	$2,700
Watertown Town, MA	$2,940	$2,563	$2,900	$3,000
Wakefield, MA	$2,703	$2,700	$3,400	$3,000
Belmont, MA	N/A	$2,700	$2,800	$3,100
Arlington, MA	$1,950	$2,300	$2,900	$3,248
Somerville, MA	$2,050	$2,600	$3,200	$3,400
Cambridge, MA	$2,500	$2,950	$3,625	$3,550

Top Neighborhoods Near Medford

There are a total of 39 neighborhoods in or near Medford. Some of these neighborhoods include Maplewood, Glendale, and Commonwealth. We've included the top 30 neighborhoods out of 39 total neighborhoods in or near Medford, MA in the following table.

The average rent for these 30 neighborhoods in or near Medford, MA is currently around $3,300 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only sixteen neighborhoods have a higher average rent than $3,300. Interestingly, the neighborhoods' average rent is higher than Medford's average rent, which is only $3,150. Out of all the neighborhoods in or near Medford, Broadway has the most affordable average rent at $1,775 per month. Whereas, at $4,963 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
Maplewood, Malden, MA	N/A	$2,100	$2,500	$2,600
Glendale, Everett, MA	$1,875	$1,988	$2,450	$2,725
Commonwealth, Boston, MA	$2,000	$2,295	$2,775	$2,750
Central Maverick Square - Paris Street, Boston, MA	$1,995	$2,500	$3,025	$2,800
St. Elizabeth's, Boston, MA	$1,988	$2,400	$2,975	$2,895
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,300	$2,795	$3,940	$2,999
Jeffries Point - Airport, Boston, MA	$2,333	$2,500	$3,225	$3,000
Glenwood, Medford, MA	$2,088	$2,500	$2,900	$3,000
Beacon Hill, Boston, MA	$2,499	$3,000	$4,100	$3,050
Oak Square, Boston, MA	$2,200	$2,400	$2,800	$3,150
East Somerville, Somerville, MA	$2,450	$2,500	$3,225	$3,200
Harbor View - Orient Heights, Boston, MA	$1,700	$2,423	$3,100	$3,200
Mid-Cambridge, Cambridge, MA	$2,225	$2,900	$3,500	$3,300
Neighborhood Nine, Cambridge, MA	$2,500	$2,800	$3,650	$3,300
Mission Hill, Boston, MA	$1,738	$2,800	$2,900	$3,375
North Allston, Boston, MA	N/A	$2,850	$3,200	$3,398
Back Bay, Boston, MA	$2,495	$3,400	$4,800	$3,400
North End, Boston, MA	$2,100	$2,698	$3,600	$3,400
Coolidge Corner, Brookline, MA	$2,298	$2,750	$3,722	$3,438
South Medford, Medford, MA	N/A	$2,100	$3,000	$3,463
West End, Boston, MA	$2,819	$3,450	$4,948	$3,550
Washington Square, Brookline, MA	$1,998	$2,475	$3,650	$3,675
Thompson Square - Bunker Hill, Boston, MA	$2,450	$3,200	$3,850	$3,700
East Cambridge, Cambridge, MA	$3,128	$3,400	$4,225	$3,768
South End, Boston, MA	$2,400	$3,200	$4,250	$3,800
Columbus Park - Andrew Square, Boston, MA	N/A	$2,900	$3,875	$3,800
Telegraph Hill, Boston, MA	$2,395	$2,598	$4,000	$4,000
Brookline Village, Brookline, MA	$2,475	$2,600	$4,000	$4,000
D Street - West Broadway, Boston, MA	$2,950	$3,250	$4,500	$4,365
Downtown Boston, Boston, MA	$2,875	$3,985	$5,750	$4,963

Top Counties Near Medford

There are a total of 17 counties located by Medford, MA. Some of these counties include Chelsea, MA, Woburn, MA, and Malden, MA. The average rent for rentals in these counties is $3,100. 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 $2,200. Vice versa, with an average rent of $4,825, 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 11.36% more affordable than other counties nearby. Finally, rent for two bedrooms in Medford, MA is on par with the other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,150	$2,900	$2,200
Woburn, MA	N/A	$2,000	$2,500	$2,450
Malden, MA	$1,800	$2,050	$2,500	$2,700
Everett, MA	$1,875	$2,100	$2,500	$2,700
Watertown Town, MA	$2,940	$2,563	$2,900	$3,000
Belmont, MA	N/A	$2,700	$2,800	$3,100
Medford, MA	$1,963	$2,200	$2,900	$3,150
Arlington, MA	$1,950	$2,300	$2,900	$3,248
Somerville, MA	$2,050	$2,600	$3,200	$3,400
Cambridge, MA	$2,500	$2,950	$3,625	$3,550

Top Zipcodes Near Medford

There are a total of 21 zipcodes in or near Medford, MA. The average rent for all of these zipcodes is $3,250. A total of 10 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 $2,200 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 02111, Boston, MA.

Studios in these zipcodes have an average rent of $2,100. That's at least $60 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Medford, MA is $2,750 per month. Or in other words, $50 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,400 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	$2,000	$2,400	$2,850	$2,950
02155, Medford, MA	$1,963	$2,200	$2,900	$3,150
02127, Boston, MA	$350	$2,800	$4,100	$3,975
02128, Boston, MA	$2,025	$2,500	$3,100	$3,000
02215, Boston, MA	$2,300	$2,842	$3,995	$3,100
02148, Malden, MA	$1,800	$2,050	$2,500	$2,700
02114, Boston, MA	$2,654	$3,350	$4,515	$3,550
02116, Boston, MA	$2,498	$3,400	$5,250	$3,600
02138, Cambridge, MA	$2,500	$2,800	$3,550	$3,400
02118, Boston, MA	$2,275	$3,200	$4,025	$3,760

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 $3,150. 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 $1,963 and an average price per square feet of $52.51. 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 $2,200 and an average price per square feet of $41.20. There are a total of 28 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 $2,900 and an average price per square feet of $32.23. There are a total of 96 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 -0.07%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in Medford, MA?

A reasonable rent price in Medford, MA is around $2,520/month. You can search for these reasonably priced rental listings on RentHop.