Average Rent in Cambridge, MA

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Current Versus Historical Cambridge, MA Rents

Cambridge rentals average $2,750 for a studio rental to $7,500 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $4 per square feet.
For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $710 (33.98%) year-over-year from $2,090 to $2,800. 1-bedroom rentals prices have increased by $52 (1.75%) year-over-year from $2,948 to $3,000. 2-bedroom rentals prices have increased by $75 (2.19%) year-over-year from $3,425 to $3,500. 3-bedroom rentals prices have decreased by $211 (-4.55%) year-over-year from $4,633 to $4,423. 4-bedroom rentals prices have increased by $868 (14.40%) year-over-year from $6,032 to $6,900. 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 0.83% this month. 1-bedroom rents have gone down by 1.34% this month. 2-bedroom rents have gone down by 1.45% this month. 3-bedroom rents have gone up by 4.70% this month. 4-bedroom rents have gone down by 5.48% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.31 $2,800 $2,090 (33.98%) $2,782 (0.63%)
1 BR $4.63 $3,000 $2,948 (1.75%) $2,811 (6.73%)
2 BR $3.82 $3,500 $3,425 (2.19%) $3,104 (12.77%)
3 BR $3.50 $4,423 $4,633 (-4.55%) $3,298 (34.08%)
4+ BR $3.73 $6,900 $6,032 (14.40%) $3,933 (75.42%)

Historical Rents in Cambridge, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Cambridge

There are a total of 9 cities nearby Cambridge. The average rent in Cambridge is currently $3,000 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Revere, MA, with an average rent of $2,500, is the most affordable city nearby. In contrast, the most expensive city near Cambridge, MA is Newton, MA. Monthly rents here are on average $3,750 per month.

Let's compare Cambridge, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Cambridge, MA is 27.27% more expensive than other cities nearby. One bedrooms are about 16.53% more expensive. Two bedrooms in Cambridge, MA are about 16.74% more expensive. Finally, rent for three bedrooms are about 30.61% more expensive. Want more information? Check out the top 9 cities near Cambridge, MA in the following chart.
City Studio 1 Bed 2 Bed All
Revere, MA $1,600 $2,300 $2,700 $2,500
Malden, MA N/A $2,100 $2,675 $2,713
Waltham, MA $2,000 $2,625 $2,998 $2,985
Watertown Town, MA $2,678 $2,525 $3,000 $2,998
Medford, MA N/A $2,100 $2,650 $3,000
Somerville, MA $2,165 $2,850 $3,000 $3,300
Boston, MA $2,548 $3,000 $3,350 $3,400
Brookline, MA $2,150 $2,700 $3,600 $3,500
Newton, MA $1,908 $2,300 $2,938 $3,750

Top Neighborhoods Near Cambridge

There are a total of 12 neighborhoods in or near Cambridge. Some of these neighborhoods include Commonwealth, Neighborhood Nine, and Coolidge Corner. We've included all of these top 12 neighborhoods in or near Cambridge, MA in the following chart.

The average rent for these 12 neighborhoods in or near Cambridge, MA is currently around $3,625 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,625. Interestingly, the neighborhoods' average rent is higher than Cambridge's average rent, which is only $3,500. Out of all the neighborhoods in or near Cambridge, Commonwealth has the most affordable average rent at $3,000 per month. Whereas, at $6,000 average rent per month, Mission Hill is the most expensive neighborhood in or near Cambridge. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Commonwealth, Boston, MA $300 $2,488 $3,083 $3,000
Neighborhood Nine, Cambridge, MA $2,800 $2,800 $3,575 $3,100
Coolidge Corner, Brookline, MA $2,500 $2,700 $3,500 $3,200
Columbia Point, Boston, MA N/A N/A $2,800 $3,200
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,700 $2,800 $4,500 $3,500
West End, Boston, MA $2,723 $3,453 $4,500 $3,600
East Cambridge, Cambridge, MA $3,168 $3,500 $3,921 $3,650
Back Bay, Boston, MA $3,000 $3,400 $4,750 $3,800
Downtown Boston, Boston, MA $3,000 $3,733 $5,485 $3,893
D Street - West Broadway, Boston, MA $3,005 $3,600 $4,400 $4,175
South End, Boston, MA $2,635 $3,395 $4,400 $4,303
Mission Hill, Boston, MA N/A $3,200 $2,900 $6,000

Top Counties Near Cambridge

There are a total of 12 counties located by Cambridge, MA. Some of these counties include Revere, MA, Malden, MA, and Waltham, MA. The average rent for rentals in these counties is $3,150. That's roughly around $3 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Revere, MA. It's average rent per month is $2,500. Vice versa, with an average rent of $3,750, Newton, MA is the most expensive county by Cambridge, MA.

Typically, rent for studios in Cambridge, MA is 24.55% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Cambridge, MA is 14.88% more expensive than other counties nearby. Finally, rent for two bedrooms in Cambridge, MA is 16.70% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Revere, MA $1,600 $2,300 $2,700 $2,500
Malden, MA N/A $2,100 $2,675 $2,713
Waltham, MA $2,000 $2,625 $2,998 $2,985
Watertown Town, MA $2,678 $2,525 $3,000 $2,998
Medford, MA N/A $2,100 $2,650 $3,000
Somerville, MA $2,165 $2,850 $3,000 $3,300
Boston, MA $2,548 $3,000 $3,350 $3,400
Cambridge, MA $2,750 $3,025 $3,600 $3,500
Brookline, MA $2,150 $2,700 $3,600 $3,500
Newton, MA $1,908 $2,300 $2,938 $3,750

Top Zipcodes Near Cambridge

There are a total of 4 zipcodes in or near Cambridge, MA. The average rent for all of these zipcodes is $3,599. 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 $2,800 per month. In comparison, the zipcode with the most expensive average rent of $4,305 per month is 02118, Boston, MA.

Studios in these zipcodes have an average rent of $2,643. 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 Cambridge, MA is $2,869 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,700 per month. Which comes out to $4 per sqft. The following chart includes the top 4 zipcodes in Cambridge, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02128, Boston, MA $2,100 $2,400 $2,900 $2,800
02116, Boston, MA $3,000 $3,213 $5,350 $4,200
02118, Boston, MA $2,608 $3,340 $4,400 $4,305
02472, Watertown Town, MA $2,678 $2,525 $3,000 $2,998

Frequently Asked Questions - Cambridge Average Rents

What is the average rent price in Cambridge, MA?
The average monthly rental price for Cambridge, MA apartments for rent is approximately $3,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Cambridge, 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 Cambridge, MA.
How much is a studio apartment in Cambridge, MA?
The average monthly rental price for studio apartments is $2,750 and an average price per square feet of $6.31. There are a total of 25 studio apartment listings currently available for rent in Cambridge.
How much is a one bedroom apartment in Cambridge, MA?
The average monthly rental price for one bedroom apartments is $3,025 and an average price per square feet of $4.63. There are a total of 86 one bedroom apartment listings currently available for rent in Cambridge.
How much is a two bedroom apartment in Cambridge, MA?
The average monthly rental price for two bedroom apartments is $3,600 and an average price per square feet of $3.82. There are a total of 100 two bedroom apartment listings currently available for rent in Cambridge.
How have rent prices in Cambridge, MA changed this year?
Rent prices for rentals in Cambridge, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.34%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in Cambridge, MA?
A reasonable rent price in Cambridge, MA is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.
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