Cambridge, MA Rental Market Trends
Highlights
The average rent for an apartment in Cambridge is $3,179, a 4% increase compared to the previous year.
Average Rent in Cambridge, MA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $3,179 | 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
- $1,501-$2,0004%
- > $2,00096%
Cambridge, MA Occupied Housing Units
- Renter-occupied Households56%
- Owner-occupied Households43%
26,196 or 56% of the households in Cambridge, MA are renter-occupied while 19,988 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 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cambridge, MA | $3,019 | $2,954 | $3,047 | $3,022 | $3,001 | $3,107 | $3,067 | $3,044 | $3,236 | $3,172 | $3,179 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Cambridge Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Boston | $3,432 | 3% |
| Cambridge | $3,179 | 4% |
| Worcester | $1,390 | 3% |
| Providence | $1,873 | -2% |
| Manchester | $1,397 | 4% |
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.
Curious about listings in your area? Check out our apartments near you for more details!