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
|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
|Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Nov / 2021||Feb / 2022|
Average Rent in Cambridge, MA By Neighborhood
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?
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
Rent in Agassiz is 9% lower than in Area 4
Agassiz rent is 9% lower than Cambridge average
Area 4 rent is 1% higher than Cambridge average
How Cambridge Compares to Other Cities