Needham, MA Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Needham is $3,494, a 1.48% decrease compared to the previous year, when the average rent was $3,546.
One-bedroom apartments provide 915 square feet for $2,847, balancing privacy and affordability.
Two-beedroom units at $4,047 offer 1,238 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,554 sq ft) for $5,361, suitable for larger households.
Average rent in Needham, MA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,494 | 1,086 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,847 | 915 sq. ft. |
| 2 Beds | $4,047 | 1,238 sq. ft. |
| 3 Beds | $5,361 | 1,554 sq. ft. |
Needham, MA rent trends
Rental prices in Needham, MA have decreased by 1.48% over the past year. The average rent moved from $3,546 to $3,494.
What's the typical rent budget in Needham, MA?
The largest share of rentals in Needham, MA (57%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Needham, MA?
1,789 or 16% of the households in Needham, MA are renter-occupied while 9,612 or 84% are owner-occupied.
How Needham Compares to Other Cities
| City | Average Rent |
|---|---|
| Boston | $3,698 |
| Cambridge | $3,755 |
| Worcester | $2,050 |
| Quincy | $2,812 |
| Fall River | $2,111 |
| Somerville | $3,484 |
| Salem | $2,723 |
| Lowell | $2,269 |
| New Bedford | $2,053 |
| Weymouth Town | $2,552 |
| Brookline | $3,490 |
| Bedford | $3,268 |
| Canton | $2,828 |
| Stoughton | $2,439 |
| Foxborough | $2,487 |
| Hudson Town | $2,729 |
| Norwood | $2,722 |
| Randolph | $2,545 |
| Dedham | $3,247 |
| Medfield | $2,274 |
| Needham | $3,494 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Needham apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.