Average Rent in 02148, Malden, MA

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Current Versus Historical 02148, Malden, MA Rents

02148 rentals average $0 for a studio rental to $3,725 for a 4-bedroom rental. The median price of all currently available listings is $2,898, or roughly $3 per square feet.

For the apartment units and housing in September 2024, median rents have risen over the last year. Studio rentals prices have increased by $560 (45.16%) year-over-year from $1,240 to $1,800. 1-bedroom rentals prices have increased by $150 (7.32%) year-over-year from $2,050 to $2,200. 2-bedroom rentals prices have increased by $456 (19.06%) year-over-year from $2,392 to $2,848. 3-bedroom rentals prices have increased by $550 (18.64%) year-over-year from $2,950 to $3,500. 4-bedroom rentals prices have increased by $617 (19.68%) year-over-year from $3,133 to $3,750. 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 1.82% this month. 1-bedroom rents have gone up by 3.13% this month. 2-bedroom rents have gone up by 4.85% this month. 3-bedroom rents have gone up by 5.53% this month. 4-bedroom rents have gone down by 2.17% this month.

Beds	Price / Sqft	Sep 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.68	$2,200	$2,050 (7.32%)	$1,725 (27.54%)
2 BR	$2.75	$2,848	$2,392 (19.06%)	$2,033 (40.04%)
3 BR	$2.32	$3,500	$2,950 (18.64%)	$2,408 (45.33%)
4+ BR	$2.28	$3,750	$3,133 (19.68%)	$2,967 (26.40%)

Historical Rents in 02148, Malden, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 02148

There are a total of 5 cities nearby 02148. The average rent in 02148 is currently $2,898 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,212, is the most affordable city nearby. In contrast, the most expensive city near 02148, Malden, MA is Somerville, MA. Monthly rents here are on average $3,400 per month.

Let's compare 02148, Malden, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02148, Malden, MA is inf% more affordable than other cities nearby. One bedrooms are about 9.09% more affordable. Two bedrooms in 02148, Malden, MA are about 1.11% more expensive. Finally, rent for three bedrooms are about 1.43% more expensive. Want more information? Check out the top 5 cities near 02148, Malden, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,650	$2,130	$2,600	$2,212
Revere, MA	$1,950	$2,450	$2,900	$2,850
Malden, MA	N/A	$2,200	$2,933	$2,898
Medford, MA	N/A	$2,400	$2,800	$3,200
Somerville, MA	$2,500	$2,850	$3,000	$3,400

Top Neighborhoods Near 02148

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 02148

Some of these counties include Lynn, MA, Revere, MA, and Malden, MA. The average rent for rentals in these counties is $2,898. That's roughly around $3 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,212. Vice versa, with an average rent of $3,400, Somerville, MA is the most expensive county by 02148, Malden, MA.

Typically, rent for studios in 02148, Malden, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02148, Malden, MA is 9.09% more affordable than other counties nearby. Finally, rent for two bedrooms in 02148, Malden, MA is 1.11% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,650	$2,130	$2,600	$2,212
Revere, MA	$1,950	$2,450	$2,900	$2,850
Malden, MA	N/A	$2,200	$2,933	$2,898
Medford, MA	N/A	$2,400	$2,800	$3,200
Somerville, MA	$2,500	$2,850	$3,000	$3,400

Top Zipcodes Near 02148

There are a total of 5 zipcodes in or near 02148, Malden, MA. The average rent for all of these zipcodes is $3,200.

The following chart includes the top 5 zipcodes in 02148, Malden, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02140, Cambridge, MA	$2,173	$2,817	$3,499	$3,550
02155, Medford, MA	N/A	$2,400	$2,800	$3,200
02145, Somerville, MA	$1,975	$2,450	$3,023	$3,200
02144, Somerville, MA	N/A	$2,700	$3,000	$3,650
02151, Revere, MA	$1,800	$2,438	$2,900	$2,875

Frequently Asked Questions - 02148 Average Rents

What is the average rent price in 02148, Malden, MA?

The average monthly rental price for 02148, Malden, MA apartments for rent is approximately $2,898. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 02148, Malden, 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 02148, Malden, MA.

How much is a studio apartment in 02148, Malden, 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 1 studio apartment listings currently available for rent in 02148.

How much is a one bedroom apartment in 02148, Malden, MA?

The average monthly rental price for one bedroom apartments is $2,200 and an average price per square feet of $3.68. There are a total of 16 one bedroom apartment listings currently available for rent in 02148.

How much is a two bedroom apartment in 02148, Malden, MA?

The average monthly rental price for two bedroom apartments is $2,933 and an average price per square feet of $2.75. There are a total of 28 two bedroom apartment listings currently available for rent in 02148.

How have rent prices in 02148, Malden, MA changed this year?

Rent prices for rentals in 02148, Malden, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.45%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.19%, and three bedroom rental prices have changed by 0.19% year-over-year.

What is a reasonable rent price in 02148, Malden, MA?

A reasonable rent price in 02148, Malden, MA is around $2,318/month. You can search for these reasonably priced rental listings on RentHop.