Average Rent in Woburn, MA

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Current Versus Historical Woburn, MA Rents

Woburn rentals average $2,633 for a 1-bedroom rental to $3,259 for a 2-bedroom rental. The median price of all currently available listings is $3,175, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $3,134 (-99.33%) year-over-year from $3,155 to $21. 1-bedroom rentals prices have increased by $274 (11.62%) year-over-year from $2,359 to $2,633. 2-bedroom rentals prices have increased by $301 (10.43%) year-over-year from $2,881 to $3,182. 3-bedroom rentals prices have increased by $158 (4.81%) year-over-year from $3,292 to $3,450. 4-bedroom rentals prices have increased by $125 (4.00%) year-over-year from $3,125 to $3,250. 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 83.27% this month. 1-bedroom rents have gone up by 6.41% this month. 2-bedroom rents have gone up by 5.16% this month. 3-bedroom rents have gone up by 2.99% this month. 4-bedroom rents have gone down by 8.88% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.96 $2,633 $2,359 (11.62%) $2,101 (25.34%)
2 BR $2.55 $3,182 $2,881 (10.43%) $2,535 (25.54%)

Historical Rents in Woburn, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Woburn

There are a total of 1 cities nearby Woburn. The average rent in Woburn is currently $3,412 per month. Our records show that Cambridge, MA, with an average rent of $3,412, is the most affordable city nearby. In contrast, the most expensive city near Woburn, MA is Cambridge, MA. Monthly rents here are on average $3,412 per month.

Let's compare Woburn, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Woburn, MA is inf% more affordable than other cities nearby. One bedrooms are about 16.31% more affordable. Two bedrooms in Woburn, MA are about 15.64% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near Woburn, MA in the following chart.
City Studio 1 Bed 2 Bed All
Cambridge, MA $2,923 $3,063 $3,768 $3,412

Top Neighborhoods Near Woburn

There are a total of 2 neighborhoods in or near Woburn. We've included all of these top 2 neighborhoods in or near Woburn, MA in the following chart.

The average rent for these 2 neighborhoods in or near Woburn, MA is currently around $3,314 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Woburn's average rent, which is only $3,175. Out of all the neighborhoods in or near Woburn, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $3,543 average rent per month, East Cambridge is the most expensive neighborhood in or near Woburn. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,944 $3,559 $3,085
East Cambridge, Cambridge, MA $3,047 $3,342 $4,313 $3,543

Top Counties Near Woburn

There are a total of 2 counties located by Woburn, MA. The average rent for rentals in these counties is $3,412. That's roughly around $4 per sqft. The county that is the most affordable is Cambridge, MA. It's average rent per month is $3,412. Vice versa, with an average rent of $3,412, Cambridge, MA is the most expensive county by Woburn, MA.

Typically, rent for studios in Woburn, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Woburn, MA is 16.31% more affordable than other counties nearby. Finally, rent for two bedrooms in Woburn, MA is 15.64% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Cambridge, MA $2,923 $3,063 $3,768 $3,412

Top Zipcodes Near Woburn

There are a total of 3 zipcodes in or near Woburn, MA. The average rent for all of these zipcodes is $3,150. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02138, Cambridge, MA at $2,859 per month. In comparison, the zipcode with the most expensive average rent of $3,353 per month is 02141, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,687. 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 Woburn, MA is $2,944 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,571 per month. Which comes out to $3 per sqft. The following chart includes the top 3 zipcodes in Woburn, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02138, Cambridge, MA $2,515 $2,726 $3,571 $2,859
02140, Cambridge, MA $2,687 $2,944 $3,559 $3,150
02141, Cambridge, MA $3,042 $3,630 $4,452 $3,353

Frequently Asked Questions - Woburn Average Rents

What is the average rent price in Woburn, MA?
The average monthly rental price for Woburn, MA apartments for rent is approximately $3,175. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Woburn, 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 Woburn, MA.
How much is a studio apartment in Woburn, 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 Woburn.
How much is a one bedroom apartment in Woburn, MA?
The average monthly rental price for one bedroom apartments is $2,633 and an average price per square feet of $2.96. There are a total of 4 one bedroom apartment listings currently available for rent in Woburn.
How much is a two bedroom apartment in Woburn, MA?
The average monthly rental price for two bedroom apartments is $3,259 and an average price per square feet of $2.55. There are a total of 16 two bedroom apartment listings currently available for rent in Woburn.
How have rent prices in Woburn, MA changed this year?
Rent prices for rentals in Woburn, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.99%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in Woburn, MA?
A reasonable rent price in Woburn, MA is around $2,540/month. You can search for these reasonably priced rental listings on RentHop.
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