Average Rent in Ward Two, Somerville, MA

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Current Versus Historical Ward Two, Somerville, MA Rents

Ward Two rentals average $0 for a 1-bedroom rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $3,950, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $156 (-8.61%) year-over-year from $1,806 to $1,650. 1-bedroom rentals prices have decreased by $656 (-22.98%) year-over-year from $2,853 to $2,198. 2-bedroom rentals prices have increased by $748 (24.31%) year-over-year from $3,075 to $3,823. 3-bedroom rentals prices have increased by $458 (12.67%) year-over-year from $3,617 to $4,075. 4-bedroom rentals prices have increased by $269 (6.14%) year-over-year from $4,381 to $4,650. 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 down by 0.00% this month. 1-bedroom rents have gone down by 3.55% this month. 2-bedroom rents have gone down by 2.69% this month. 3-bedroom rents have gone up by 10.63% this month. 4-bedroom rents have gone down by 7.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $3.88 $3,823 $3,075 (24.31%) $2,550 (49.90%)
3 BR $3.74 $4,075 $3,617 (12.67%) $2,892 (40.92%)
4+ BR $3.75 $4,650 $4,381 (6.14%) $3,567 (30.37%)

Historical Rents in Ward Two, Somerville, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Ward Two

There are a total of 6 cities nearby Ward Two. The average rent in Ward Two is currently $3,586 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,517, is the most affordable city nearby. In contrast, the most expensive city near Ward Two, Somerville, MA is Brookline, MA. Monthly rents here are on average $4,100 per month.

Let's compare Ward Two, Somerville, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Ward Two, Somerville, MA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Ward Two, Somerville, MA are about 4.55% more expensive. Finally, rent for three bedrooms are about 5.49% more expensive. Want more information? Check out the top 6 cities near Ward Two, Somerville, MA in the following chart.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,200 $2,750 $2,517
Medford, MA N/A $2,495 $2,800 $3,500
Cambridge, MA $2,838 $3,000 $3,781 $3,534
Boston, MA $2,750 $3,400 $4,000 $3,638
Somerville, MA $2,125 $2,750 $3,700 $3,900
Brookline, MA $2,045 $2,950 $3,650 $4,100

Top Neighborhoods Near Ward Two

There are a total of 17 neighborhoods in or near Ward Two. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and North End. We've included all of these top 17 neighborhoods in or near Ward Two, Somerville, MA in the following chart.

The average rent for these 17 neighborhoods in or near Ward Two, Somerville, MA is currently around $3,818 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $3,818. Out of all the neighborhoods in or near Ward Two, North Cambridge has the most affordable average rent at $3,134 per month. Whereas, at $4,500 average rent per month, Mission Hill is the most expensive neighborhood in or near Ward Two. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,953 $3,547 $3,134
Central Maverick Square - Paris Street, Boston, MA $2,455 $2,945 $3,348 $3,225
North End, Boston, MA $2,400 $3,165 $4,450 $3,500
Beacon Hill, Boston, MA $2,200 $3,600 $4,100 $3,500
St. Elizabeth's, Boston, MA $2,275 $2,395 $3,750 $3,550
South End, Boston, MA $2,999 $3,445 $4,737 $3,563
Commonwealth, Boston, MA $1,900 $2,325 $3,000 $3,600
East Cambridge, Cambridge, MA $2,995 $3,350 $4,427 $3,642
North Allston, Boston, MA $3,199 $3,500 $4,721 $3,818
Downtown Boston, Boston, MA $2,835 $3,426 $4,517 $3,865
Coolidge Corner, Brookline, MA $2,048 $3,000 $3,400 $3,900
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,499 $3,870 $4,516 $3,931
Chinatown - Leather District, Boston, MA $3,232 $3,638 $5,600 $3,960
Kendall Square, Cambridge, MA $3,123 $4,005 $4,635 $4,032
D Street - West Broadway, Boston, MA $3,245 $3,795 $4,750 $4,158
Mission Hill, Boston, MA N/A $2,800 $3,425 $4,500
Back Bay, Boston, MA $2,350 $3,528 $5,955 $4,500

Top Counties Near Ward Two

There are a total of 17 counties located by Ward Two, Somerville, MA. Some of these counties include Chelsea, MA, Medford, MA, and Cambridge, MA. The average rent for rentals in these counties is $3,586. That's roughly around $4 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,517. Vice versa, with an average rent of $4,100, Brookline, MA is the most expensive county by Ward Two, Somerville, MA.

Typically, rent for studios in Ward Two, Somerville, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Ward Two, Somerville, MA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Ward Two, Somerville, MA is 4.55% more expensive than other counties nearby. We've listed the top 6 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,200 $2,750 $2,517
Medford, MA N/A $2,495 $2,800 $3,500
Cambridge, MA $2,838 $3,000 $3,781 $3,534
Boston, MA $2,750 $3,400 $4,000 $3,638
Somerville, MA $2,125 $2,750 $3,700 $3,900
Brookline, MA $2,045 $2,950 $3,650 $4,100

Top Zipcodes Near Ward Two

There are a total of 27 zipcodes in or near Ward Two, Somerville, MA. The average rent for all of these zipcodes is $3,695. A total of 18 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 $2,517 per month. In comparison, the zipcode with the most expensive average rent of $4,625 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,515. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Ward Two, Somerville, MA is $2,850 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,765 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Ward Two, Somerville, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02143, Somerville, MA $2,433 $2,700 $3,850 $3,900
02139, Cambridge, MA $2,400 $2,760 $3,500 $3,500
02141, Cambridge, MA $2,989 $3,340 $3,800 $3,500
02142, Cambridge, MA $3,000 $3,704 $4,507 $4,016
02138, Cambridge, MA $2,515 $2,730 $3,582 $3,330
02144, Somerville, MA $2,350 $2,850 $3,700 $4,300
02140, Cambridge, MA $2,632 $2,944 $3,600 $3,355
02134, Boston, MA $3,087 $2,810 $3,975 $3,940
02114, Boston, MA $2,715 $3,498 $4,245 $3,695
02215, Boston, MA $2,300 $3,883 $4,500 $3,843

Frequently Asked Questions - Ward Two Average Rents

What is the average rent price in Ward Two, Somerville, MA?
The average monthly rental price for Ward Two, Somerville, MA apartments for rent is approximately $3,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Ward Two, 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 Ward Two, Somerville, MA.
How much is a studio apartment in Ward Two, 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 Ward Two.
How much is a one bedroom apartment in Ward Two, 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 Ward Two.
How much is a two bedroom apartment in Ward Two, Somerville, MA?
The average monthly rental price for two bedroom apartments is $3,850 and an average price per square feet of $3.88. There are a total of 7 two bedroom apartment listings currently available for rent in Ward Two.
How have rent prices in Ward Two, Somerville, MA changed this year?
Rent prices for rentals in Ward Two, Somerville, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.09%, one bedroom rental prices have changed by -0.23%, two bedroom rental prices have changed by 0.24%, and three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in Ward Two, Somerville, MA?
A reasonable rent price in Ward Two, Somerville, MA is around $3,160/month. You can search for these reasonably priced rental listings on RentHop.
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