Fall River, MA Rental Market Trends
What is the average rent in Fall River?
The average rent for an apartment in Fall River is $1,463, a 6% increase compared to the previous year, when the average rent was $1,380.
Average Rent in Fall River, MA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,463 | 6% | 938 sq. ft. |
What is the average apartment size in Fall River?
The average size for a Fall River, MA apartment is 938 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.
Fall River, MA Apartment Rent Ranges
- $701-$1,0006%
- $1,001-$1,50056%
- $1,501-$2,00037%
- > $2,0002%
Fall River, MA Occupied Housing Units
- Renter-occupied Households41%
- Owner-occupied Households58%
16,037 or 41% of the households in Fall River, MA are renter-occupied while 22,419 or 58% are owner-occupied.
Fall River, MA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fall River, MA | $1,244 | $1,245 | $1,290 | $1,316 | $1,349 | $1,402 | $1,380 | $1,406 | $1,445 | $1,463 |
| National | $1,346 | $1,355 | $1,359 | $1,356 | $1,391 | $1,398 | $1,400 | $1,390 | $1,395 | $1,407 |
Average Rent in Fall River, MA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Bank Street | $1,559 |
| Highlands | $1,559 |
| North End Fall River | $1,559 |
| Steep Brook | $1,559 |
| North Watuppa Reservoir | $1,531 |
| Lower Highlands | $1,523 |
| Sandy Beach | $1,521 |
| Oak Grove | $1,499 |
| Father Kelly | $1,370 |
| Maplewood | $1,242 |
| St. Annes | $1,242 |
| Corky Row | $1,225 |
| Niagara | $1,225 |
| Flint | $1,201 |
| Merchants Association | $1,185 |
What are the most affordable neighborhoods in Fall River?
The most affordable neighborhoods in Fall River are Merchants Association, where the average rent goes for $1,185/month, Flint, where renters pay $1,201/mo on average, and Corky Row, where the average rent goes for $1,225/mo. If you’re looking for other great deals, check out the listings from Niagara ($1,225), Maplewood ($1,242), and St. Annes ($1,242), where the asking prices are below the average Fall River rent of $1,463/mo.
What are the most expensive neighborhoods in Fall River?
The most expensive neighborhoods in Fall River are Highlands ($1,559), North End Fall River ($1,559) and Steep Brook ($1,559).
What are the most popular neighborhoods in Fall River?
The most popular neighborhood in Fall River is North End Fall River, where there are 2 verified RENTCafé listings with an average rent of $1,559. Next up is Steep Brook, where apartments go for $1,559/month, followed by Corky Row with $1,225 If you’re looking to rent in Fall River’s most popular neighborhoods, make sure to also check out Bank Street, where renters pay $1,559 on average, and Father Kelly, where the average monthly rent is $1,370.
Fall River | Rent Comparison by Neighborhood
Rent in Bank Street is 27% higher than in Corky Row
Bank Street rent is 7% higher than Fall River average
| Average Rent | $1,559 |
|---|
Corky Row rent is 16% lower than Fall River average
| Average Rent | $1,225 |
|---|
How Fall River Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Boston | $3,083 | -10% |
| Cambridge | $2,933 | -8% |
| Worcester | $1,444 | 5% |
| Quincy | $2,197 | -4% |
| Providence | $2,016 | 8% |
| Weymouth Town | $1,984 | 4% |
| Cranston | $1,420 | 3% |
| Warwick | $1,402 | 4% |
| Waltham | $2,373 | -4% |
| Somerville | $2,775 | -6% |
| Fall River | $1,463 | 6% |