Average Rent in Powder House, Somerville, MA

Current Versus Historical Powder House, Somerville, MA Rents

Powder House rentals average $0 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $3,540, or roughly $4 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 $223 (10.50%) year-over-year from $2,127 to $2,350. 1-bedroom rentals prices have increased by $358 (15.22%) year-over-year from $2,354 to $2,713. 2-bedroom rentals prices have increased by $155 (5.18%) year-over-year from $2,995 to $3,150. 3-bedroom rentals prices have increased by $300 (8.00%) year-over-year from $3,750 to $4,050. 4-bedroom rentals prices have increased by $550 (10.89%) year-over-year from $5,050 to $5,600. 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 8.88% this month. 1-bedroom rents have gone up by 4.16% this month. 2-bedroom rents have gone up by 6.78% this month. 3-bedroom rents have gone down by 1.62% this month. 4-bedroom rents have gone up by 10.54% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	N/A	$3,150	$2,995 (5.18%)	$2,450 (28.57%)

Historical Rents in Powder House, Somerville, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Powder House

There are a total of 3 cities nearby Powder House. The average rent in Powder House is currently $3,406 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,584, is the most affordable city nearby. In contrast, the most expensive city near Powder House, Somerville, MA is Boston, MA. Monthly rents here are on average $3,711 per month.

Let's compare Powder House, Somerville, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Powder House, Somerville, MA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Powder House, Somerville, MA are about 4.02% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 3 cities near Powder House, Somerville, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,225	$2,700	$2,584
Cambridge, MA	$2,898	$3,075	$3,755	$3,406
Boston, MA	$2,990	$3,533	$4,432	$3,711

Top Neighborhoods Near Powder House

There are a total of 9 neighborhoods in or near Powder House. Some of these neighborhoods include North Cambridge, South End, and East Cambridge. We've included all of these top 9 neighborhoods in or near Powder House, Somerville, MA in the following chart.

The average rent for these 9 neighborhoods in or near Powder House, Somerville, MA is currently around $3,725 per month. A total of one neighborhood has a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,725. Interestingly, the neighborhoods' average rent is higher than Powder House's average rent, which is only $3,540. Out of all the neighborhoods in or near Powder House, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $4,107 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near Powder House. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
North Cambridge, Cambridge, MA	$2,814	$2,949	$3,547	$3,085
South End, Boston, MA	$2,974	$3,538	$4,812	$3,576
East Cambridge, Cambridge, MA	$2,995	$3,342	$4,411	$3,643
Downtown Boston, Boston, MA	$2,820	$3,377	$4,348	$3,650
Chinatown - Leather District, Boston, MA	$3,304	$3,638	$4,993	$3,725
West End, Boston, MA	$2,933	$3,543	$5,030	$3,878
D Street - West Broadway, Boston, MA	$3,275	$3,740	$4,889	$4,000
Kendall Square, Cambridge, MA	$3,153	$4,005	$4,660	$4,077
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$3,220	$4,094	$4,708	$4,107

Top Counties Near Powder House

There are a total of 9 counties located by Powder House, Somerville, MA. Some of these counties include Chelsea, MA, Cambridge, MA, and Boston, MA. The average rent for rentals in these counties is $3,406. That's roughly around $4 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,584. Vice versa, with an average rent of $3,711, Boston, MA is the most expensive county by Powder House, Somerville, MA.

Typically, rent for studios in Powder House, Somerville, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Powder House, Somerville, MA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Powder House, Somerville, MA is 4.02% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,225	$2,700	$2,584
Cambridge, MA	$2,898	$3,075	$3,755	$3,406
Boston, MA	$2,990	$3,533	$4,432	$3,711

Top Zipcodes Near Powder House

There are a total of 13 zipcodes in or near Powder House, Somerville, MA. The average rent for all of these zipcodes is $3,533. A total of 7 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02150, Chelsea, MA at $2,584 per month. In comparison, the zipcode with the most expensive average rent of $4,099 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,820. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Powder House, Somerville, MA is $3,395 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,378 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Powder House, Somerville, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02140, Cambridge, MA	$2,600	$2,943	$3,547	$3,079
02138, Cambridge, MA	$2,515	$2,726	$3,571	$2,859
02141, Cambridge, MA	$3,042	$3,630	$4,477	$3,342
02142, Cambridge, MA	$3,000	$3,851	$4,488	$4,099
02134, Boston, MA	$3,199	$2,810	$3,200	$3,425
02114, Boston, MA	$2,820	$3,395	$4,223	$3,703
02135, Boston, MA	$2,573	$3,104	$3,150	$3,300
02215, Boston, MA	$2,363	$4,092	$4,708	$4,022
02116, Boston, MA	$3,068	$3,600	$4,928	$3,840
02109, Boston, MA	N/A	$3,339	$4,378	$3,533

Frequently Asked Questions - Powder House Average Rents

What is the average rent price in Powder House, Somerville, MA?

The average monthly rental price for Powder House, Somerville, MA apartments for rent is approximately $3,540. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Powder House, Somerville, 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 Powder House, Somerville, MA.

How much is a studio apartment in Powder House, Somerville, 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 0 studio apartment listings currently available for rent in Powder House.

How much is a one bedroom apartment in Powder House, Somerville, MA?

The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Powder House.

How much is a two bedroom apartment in Powder House, Somerville, MA?

The average monthly rental price for two bedroom apartments is $3,610 and an average price per square feet of $0. There are a total of 3 two bedroom apartment listings currently available for rent in Powder House.

How have rent prices in Powder House, Somerville, MA changed this year?

Rent prices for rentals in Powder House, Somerville, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in Powder House, Somerville, MA?

A reasonable rent price in Powder House, Somerville, MA is around $2,832/month. You can search for these reasonably priced rental listings on RentHop.