Cambridge, MA Rental Market Trends

Highlights

The average rent for an apartment in Cambridge is $3,191, a 4% increase compared to the previous year.

Average Rent in Cambridge, MA

Last updated October 2019
Average Rent Y-o-Y Change Average Apartment Size
$3,191 4% 845 sq. ft.

The average size for a Cambridge, MA apartment is 845 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Cambridge, MA Apartment Rent Ranges

  • $1,001-$1,5001%
  • $1,501-$2,0005%
  • > $2,00094%

Cambridge, MA Occupied Housing Units

  • Renter-occupied Households56%
  • Owner-occupied Households43%

25,122 or 56% of the households in Cambridge, MA are renter-occupied while 19,112 or 43% are owner-occupied.

Cambridge, MA Rent Trends

Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019
Cambridge, MA $3,019 $2,954 $3,047 $3,022 $3,001 $3,107 $3,067 $3,044 $3,236 $3,191
National $1,353 $1,349 $1,381 $1,383 $1,386 $1,421 $1,430 $1,434 $1,470 $1,476
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How Cambridge Compares to Other Cities

Average Rent Y-o-Y Change
Boston $3,429 4%
Cambridge $3,191 4%
Worcester $1,393 3%

For more information about the Cambridge rental trends, check out our monthly rent report

Check out Massachusetts Cities, Massachusetts Neighborhoods and Massachusetts Zip Codes for more details on verified listings, including the Massachusetts Average Rent.

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Cambridge apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.