Average Rent in Cambridge, MA

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Current Versus Historical Cambridge, MA Rents

Cambridge rentals average $2,600 for a studio rental to $6,550 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 November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $2,104 (197.98%) year-over-year from $1,063 to $3,167. 1-bedroom rentals prices have increased by $394 (13.80%) year-over-year from $2,856 to $3,250. 2-bedroom rentals prices have increased by $250 (7.46%) year-over-year from $3,350 to $3,600. 3-bedroom rentals prices have increased by $225 (4.89%) year-over-year from $4,600 to $4,825. 4-bedroom rentals prices have increased by $1,493 (25.07%) year-over-year from $5,957 to $7,450. 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 10.25% this month. 1-bedroom rents have gone up by 6.56% this month. 2-bedroom rents have gone up by 1.65% this month. 3-bedroom rents have gone up by 12.87% this month. 4-bedroom rents have gone up by 9.29% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.08 $3,167 $1,063 (197.98%) $2,395 (32.24%)
1 BR $4.65 $3,250 $2,856 (13.80%) $2,728 (19.16%)
2 BR $3.77 $3,600 $3,350 (7.46%) $3,049 (18.07%)
3 BR $3.46 $4,825 $4,600 (4.89%) $3,365 (43.39%)
4+ BR $3.76 $7,450 $5,957 (25.07%) $3,900 (91.03%)

Historical Rents in Cambridge, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Cambridge

There are a total of 10 cities nearby Cambridge. The average rent in Cambridge is currently $3,100 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 $3,900 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 41.44% more expensive than other cities nearby. One bedrooms are about 21.45% more expensive. Two bedrooms in Cambridge, MA are about 17.71% more expensive. Finally, rent for three bedrooms are about 22.92% more expensive. Want more information? Check out the top 10 cities near Cambridge, MA in the following chart.
City Studio 1 Bed 2 Bed All
Revere, MA $1,650 $2,300 $2,800 $2,500
Malden, MA N/A $2,200 $2,850 $2,800
Arlington, MA N/A $2,100 $2,800 $2,950
Waltham, MA $1,395 $2,400 $3,082 $2,990
Watertown Town, MA N/A $2,640 $2,925 $3,000
Medford, MA $1,650 $2,900 $2,725 $3,200
Somerville, MA $2,330 $2,470 $3,200 $3,250
Boston, MA $2,400 $3,000 $3,400 $3,400
Brookline, MA $300 $2,700 $3,500 $3,600
Newton, MA $1,795 $2,288 $3,000 $3,900

Top Neighborhoods Near Cambridge

There are a total of 12 neighborhoods in or near Cambridge. Some of these neighborhoods include Commonwealth, Columbia Point, 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 $3,633 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,633. 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 $2,725 per month. Whereas, at $4,350 average rent per month, D Street - West Broadway 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 $1,800 $2,250 $2,850 $2,725
Columbia Point, Boston, MA N/A $2,350 $2,800 $2,900
Coolidge Corner, Brookline, MA $2,335 $2,725 $3,300 $3,400
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,475 $2,895 $4,650 $3,500
Beacon Hill, Boston, MA $2,200 $3,475 $3,700 $3,500
West End, Boston, MA $2,783 $3,448 $4,770 $3,571
North End, Boston, MA N/A $2,800 $4,200 $3,695
East Cambridge, Cambridge, MA $3,180 $3,450 $3,909 $3,715
Back Bay, Boston, MA $2,475 $3,400 $4,600 $3,975
Downtown Boston, Boston, MA $2,900 $3,800 $5,350 $4,148
South End, Boston, MA $2,284 $3,450 $4,400 $4,160
D Street - West Broadway, Boston, MA $3,075 $3,725 $4,225 $4,350

Top Counties Near Cambridge

There are a total of 12 counties located by Cambridge, MA. Some of these counties include Malden, MA, Arlington, MA, and Waltham, MA. The average rent for rentals in these counties is $3,200. 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 $3,900, Newton, MA is the most expensive county by Cambridge, MA.

Typically, rent for studios in Cambridge, MA is 36.54% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Cambridge, MA is 20.32% more expensive than other counties nearby. Finally, rent for two bedrooms in Cambridge, MA is 16.67% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Malden, MA N/A $2,200 $2,850 $2,800
Arlington, MA N/A $2,100 $2,800 $2,950
Waltham, MA $1,395 $2,400 $3,082 $2,990
Watertown Town, MA N/A $2,640 $2,925 $3,000
Medford, MA $1,650 $2,900 $2,725 $3,200
Somerville, MA $2,330 $2,470 $3,200 $3,250
Boston, MA $2,400 $3,000 $3,400 $3,400
Cambridge, MA $2,600 $3,100 $3,600 $3,500
Brookline, MA $300 $2,700 $3,500 $3,600
Newton, MA $1,795 $2,288 $3,000 $3,900

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 $3,500. 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 $4,250 per month is 02116, Boston, MA.

Studios in these zipcodes have an average rent of $1,784. 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 $2,939 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,675 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 $2,200 $2,538 $2,950 $2,800
02116, Boston, MA $2,800 $3,238 $4,998 $4,250
02118, Boston, MA $1,367 $3,450 $4,400 $4,000
02472, Watertown Town, MA N/A $2,640 $2,925 $3,000

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 $2,600 and an average price per square feet of $6.08. There are a total of 16 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 $3,100 and an average price per square feet of $4.65. There are a total of 81 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 $3.77. There are a total of 119 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 1.98%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.07%, 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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