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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Cambridge, MA Rental Market Trends

What is the average rent in Cambridge?

The average rent for an apartment in Cambridge is $3,399. The cost of rent varies depending on several factors, including location, size, and quality.

Average Rent in Cambridge, MA

Last updated February 2022
Average Rent Average Apartment Size
$3,399 839 sq. ft.

What is the average apartment size in Cambridge?

The average size for a Cambridge, MA apartment is 839 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

Cambridge, MA Occupied Housing Units

27,301 or 57% of the households in Cambridge, MA are renter-occupied while 20,148 or 42% are owner-occupied.

Cambridge, MA Rent Trends

Average Rent Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Feb / 2022
Cambridge, MA $3,067 $3,044 $3,236 $3,172 $3,200 $3,101 $2,966 $2,933 $3,180 $3,319 $3,399
National $1,362 $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628
Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Cambridge, MA By Neighborhood

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What are the most affordable neighborhoods in Cambridge?

The most affordable neighborhoods in Cambridge are Cambridge Highlands, where the average rent goes for $2,897/month, Strawberry Hill, where renters pay $2,897/mo on average, and West Cambridge, where the average rent goes for $2,897/mo. If you’re looking for other great deals, check out the listings from Agassiz ($3,098), Peabody ($3,098), and Mid-Cambridge ($3,163), where the asking prices are below the average Cambridge rent of $3,399/mo.

What are the most expensive neighborhoods in Cambridge?

The most expensive neighborhoods in Cambridge are MIT ($3,584), Inman/ Harrington ($3,595) and East Cambridge ($3,800).

What are the most popular neighborhoods in Cambridge?

The most popular neighborhood in Cambridge is East Cambridge, where there are 9 verified RentCafe listings with an average rent of $3,800. Next up is Peabody, where apartments go for $3,098/month, followed by Area 4 with $3,419 If you’re looking to rent in Cambridge’s most popular neighborhoods, make sure to also check out Cambridgeport, where renters pay $3,419 on average, and Mid-Cambridge, where the average monthly rent is $3,163.

Cambridge | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Agassiz is 9% lower than in Area 4

$3,098

Agassiz rent is 9% lower than Cambridge average

Average Rent $3,098
$3,419

Area 4 rent is 1% higher than Cambridge average

Average Rent $3,419

How Cambridge Compares to Other Cities

City Average Rent
Boston $3,634
Fall River $1,655
Worcester $1,586
Cambridge $3,399
Quincy $2,441
Brookline $3,030
Lowell $1,935
New Bedford $1,729
Weymouth Town $2,187
Somerville $2,975
Holyoke $1,206
Medford $2,999
Malden $2,330
Revere $2,338
Waltham $2,705
Woburn $2,302
Lynn $1,877
Newton $3,102
Chelsea $2,372
Framingham $2,105
Burlington $2,510

Most Popular Apartments in Cambridge

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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 ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.