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.
Northborough Town, MA Rental Market Trends
What is the average rent in Northborough Town?
The average rent for an apartment in Northborough Town is $2,249, a 3% increase compared to the previous year, when the average rent was $2,185.
Average Rent in Northborough Town, MA
Last updated April 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,249 | 3% | 1,222 sq. ft. |
What is the average apartment size in Northborough Town?
The average size for a Northborough Town, MA apartment is 1,222 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.
Northborough Town, MA Apartment Rent Ranges
- $1,501-$2,00033%
- > $2,00067%
Northborough Town, MA Occupied Housing Units
- Renter-occupied Households24%
- Owner-occupied Households75%
554 or 24% of the households in Northborough Town, MA are renter-occupied while 1,713 or 75% are owner-occupied.
Northborough Town, 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Northborough Town, MA | $2,114 | $2,114 | $2,137 | $2,202 | $2,383 | $2,217 | $2,185 | $2,255 | $2,218 | $2,249 |
| National | $1,317 | $1,348 | $1,357 | $1,361 | $1,393 | $1,400 | $1,401 | $1,391 | $1,393 | $1,399 |
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How Northborough Town Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Boston | $3,057 | -11% |
| Worcester | $1,445 | 4% |
| Cambridge | $2,911 | -8% |
| Quincy | $2,197 | -4% |
| Brookline | $2,821 | -9% |
| Weymouth Town | $1,984 | 4% |
| Waltham | $2,373 | -4% |
| Framingham | $1,797 | -1% |
| Somerville | $2,775 | -6% |
| Malden | $2,089 | -6% |
| Northborough Town | $2,249 | 3% |
Most Popular Apartments in Northborough Town
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 Northborough Town 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.