Average Rent in 02155, Medford, MA

Current Versus Historical 02155, Medford, MA Rents

02155 rentals average $0 for a studio rental to $4,225 for a 4-bedroom rental. The median price of all currently available listings is $3,075, or roughly $3 per square feet.

For the apartment units and housing in October 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $1,642 (20,525.00%) year-over-year from $8 to $1,650. 1-bedroom rentals prices have increased by $100 (4.65%) year-over-year from $2,150 to $2,250. 2-bedroom rentals prices have increased by $233 (9.09%) year-over-year from $2,567 to $2,800. 3-bedroom rentals prices have increased by $158 (4.88%) year-over-year from $3,242 to $3,400. 4-bedroom rentals prices have increased by $109 (2.46%) year-over-year from $4,441 to $4,550. 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 1.98% this month. 1-bedroom rents have gone up by 4.05% this month. 2-bedroom rents have gone down by 2.33% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 3.41% this month.

Beds	Price / Sqft	Oct 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$3.66	$2,250	$2,150 (4.65%)	$1,125 (100.00%)
2 BR	$2.74	$2,800	$2,567 (9.09%)	$2,083 (34.40%)
3 BR	$2.29	$3,400	$3,242 (4.88%)	$2,742 (24.01%)
4+ BR	$2.29	$4,550	$4,441 (2.46%)	$3,600 (26.39%)

Historical Rents in 02155, Medford, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 02155

There are a total of 7 cities nearby 02155. The average rent in 02155 is currently $3,000 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Malden, MA, with an average rent of $2,650, is the most affordable city nearby. In contrast, the most expensive city near 02155, Medford, MA is Cambridge, MA. Monthly rents here are on average $3,500 per month.

Let's compare 02155, Medford, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02155, Medford, MA is inf% more affordable than other cities nearby. One bedrooms are about 8.89% more affordable. Two bedrooms in 02155, Medford, MA are about 3.57% more affordable. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 7 cities near 02155, Medford, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Malden, MA	$2,185	$2,150	$2,923	$2,650
Revere, MA	$2,108	$2,450	$2,900	$2,900
Arlington, MA	N/A	$2,100	$2,898	$2,950
Watertown Town, MA	N/A	$2,563	$2,900	$3,000
Medford, MA	N/A	$2,250	$2,800	$3,075
Somerville, MA	$2,475	$2,800	$2,963	$3,188
Cambridge, MA	$2,775	$3,000	$3,500	$3,500

Top Neighborhoods Near 02155

There are a total of 11 neighborhoods in or near 02155. Some of these neighborhoods include Commonwealth, Oak Square, and Beacon Hill. We've included all of these top 11 neighborhoods in or near 02155, Medford, MA in the following chart.

The average rent for these 11 neighborhoods in or near 02155, Medford, MA is currently around $3,500 per month. A total of one neighborhood has a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is higher than 02155's average rent, which is only $3,075. Out of all the neighborhoods in or near 02155, Commonwealth has the most affordable average rent at $2,695 per month. Whereas, at $4,335 average rent per month, Downtown Boston is the most expensive neighborhood in or near 02155. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Commonwealth, Boston, MA	$1,775	$2,275	$2,950	$2,695
Oak Square, Boston, MA	$1,850	$2,448	$2,850	$3,125
Beacon Hill, Boston, MA	$2,350	$2,988	$3,675	$3,198
North End, Boston, MA	N/A	$2,825	$3,750	$3,275
Coolidge Corner, Brookline, MA	$2,385	$2,700	$3,300	$3,300
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,400	$2,873	$4,563	$3,500
East Cambridge, Cambridge, MA	$3,180	$3,435	$4,031	$3,550
South End, Boston, MA	$450	$3,473	$4,590	$4,000
D Street - West Broadway, Boston, MA	$2,808	$3,735	$4,350	$4,000
Back Bay, Boston, MA	$2,473	$3,100	$5,400	$4,250
Downtown Boston, Boston, MA	$2,860	$3,845	$5,170	$4,335

Top Counties Near 02155

There are a total of 11 counties located by 02155, Medford, MA. Some of these counties include Malden, MA, Revere, MA, and Arlington, MA. The average rent for rentals in these counties is $3,000. That's roughly around $3 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Malden, MA. It's average rent per month is $2,650. Vice versa, with an average rent of $3,500, Cambridge, MA is the most expensive county by 02155, Medford, MA.

Typically, rent for studios in 02155, Medford, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02155, Medford, MA is 8.89% more affordable than other counties nearby. Finally, rent for two bedrooms in 02155, Medford, MA is 3.57% more affordable than other counties nearby. We've listed the top 7 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Malden, MA	$2,185	$2,150	$2,923	$2,650
Revere, MA	$2,108	$2,450	$2,900	$2,900
Arlington, MA	N/A	$2,100	$2,898	$2,950
Watertown Town, MA	N/A	$2,563	$2,900	$3,000
Medford, MA	N/A	$2,250	$2,800	$3,075
Somerville, MA	$2,475	$2,800	$2,963	$3,188
Cambridge, MA	$2,775	$3,000	$3,500	$3,500

Top Zipcodes Near 02155

There are a total of 4 zipcodes in or near 02155, Medford, MA. The average rent for all of these zipcodes is $3,475. 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 02128, Boston, MA at $2,900 per month. In comparison, the zipcode with the most expensive average rent of $4,350 per month is 02116, Boston, MA.

Studios in these zipcodes have an average rent of $1,400. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02155, Medford, MA is $2,819 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,742 per month. Which comes out to $4 per sqft. The following chart includes the top 4 zipcodes in 02155, Medford, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02128, Boston, MA	$2,375	$2,375	$2,900	$2,900
02116, Boston, MA	$2,495	$3,075	$5,500	$4,350
02118, Boston, MA	$425	$3,423	$4,584	$3,950
02472, Watertown Town, MA	N/A	$2,563	$2,900	$3,000

Frequently Asked Questions - 02155 Average Rents

What is the average rent price in 02155, Medford, MA?

The average monthly rental price for 02155, Medford, MA apartments for rent is approximately $3,075. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 02155, 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 02155, Medford, MA.

How much is a studio apartment in 02155, Medford, 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 02155.

How much is a one bedroom apartment in 02155, Medford, MA?

The average monthly rental price for one bedroom apartments is $2,250 and an average price per square feet of $3.66. There are a total of 9 one bedroom apartment listings currently available for rent in 02155.

How much is a two bedroom apartment in 02155, Medford, MA?

The average monthly rental price for two bedroom apartments is $2,800 and an average price per square feet of $2.74. There are a total of 37 two bedroom apartment listings currently available for rent in 02155.

How have rent prices in 02155, Medford, MA changed this year?

Rent prices for rentals in 02155, Medford, MA can fluctuate yearly. Specifically, studio rental prices have changed by 205.25%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in 02155, Medford, MA?

A reasonable rent price in 02155, Medford, MA is around $2,460/month. You can search for these reasonably priced rental listings on RentHop.