Worcester, MA Rental Market Trends

Highlights

The average rent for an apartment in Worcester is $1,315, a 3% increase compared to the previous year, when the average rent was $1,275.

Studio apartments in Worcester rent for $974 a month, while 1-bedroom apartments ask on average $1,237 a month; the average rent for a 2-bedroom apartment is $1,399.

Average Rent in Worcester, MA

Last updated Jun 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,315 $974 $1,237 $1,399 $1,907
Y-o-Y Change 3% 7% 3% 3% 9%
Average Apartment Size 812 sq. ft. 453 sq. ft. 707 sq. ft. 894 sq. ft. 1,231 sq. ft.

The average size for a Worcester apartment is 812 square feet, but this number varies greatly depending on apartment type. A studio averages 453 sq. ft., while a one-bedroom apartment offers a more generous square footage: 707. 2-bedroom apartments in Worcester have an average size of 894 sq. ft.

Worcester, MA Apartment Rent Ranges

  • $701-$1,00018%
  • $1,001-$1,50076%
  • $1,501-$2,0006%

Worcester, MA Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Jun / 2018 $1,315 $974 $1,237 $1,399 $1,907
Sept / 2017 $1,319 $956 $1,258 $1,398 $1,809
May / 2017 $1,351 $951 $1,257 $1,457 $1,828
Jan / 2017 $1,275 $909 $1,199 $1,361 $1,750
Sept / 2016 $1,269 $945 $1,202 $1,338 $1,876
May / 2016 $1,227 $836 $1,144 $1,330 $1,638
Jan / 2016 $1,190 $756 $1,123 $1,288 $1,642
Sept / 2015 $1,171 $727 $1,066 $1,287 $1,785
May / 2015 $1,167 $780 $1,065 $1,270 $1,763
Jan / 2015 $1,123 $744 $1,063 $1,205 $1,610
/

Average Rent in Worcester, MA By Neighborhood

North Worcester
$1,553
Great Brook Valley
$1,405
Greendale
$1,405
Green Hill
$1,332
West Side Worcester
$1,320
East Side Worcester
$1,314
Green Island
$1,269
Vernon-Union-Oak Hill
$1,260
DownTown Worcester
$1,242
College Hill
$1,166
Main South
$1,088
Piedmont
$1,067

The most affordable neighborhoods in Worcester are Piedmont, where the average rent goes for $1,067/month, Main South, where renters pay $1,088/mo on average, and College Hill, where the average rent goes for $1,166/mo. If you’re looking for other great deals, check out the listings from DownTown Worcester ($1,242), Vernon-Union-Oak Hill ($1,260), and Green Island ($1,269), where the asking prices are below the average Worcester rent of $1,315/mo.

The most expensive neighborhoods in Worcester are Great Brook Valley ($1,405), Greendale ($1,405) and North Worcester ($1,553).

Worcester | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in College Hill is 6% lower than in DownTown Worcester

$1,166

College Hill rent is 11% lower than Worcester average

All rentals $1,166
Studio $740
1 Bed $1,175
2 Beds $1,273
3 Beds $1,820
$1,242

DownTown Worcester rent is 6% lower than Worcester average

All rentals $1,242
Studio $1,063
1 Bed $1,191
2 Beds $1,419
3 Beds $1,379

How Does Worcester Compare to Nearby Cities

Average Rent Y-o-Y Change
Worcester $1,315 3%
Shrewsbury $1,605 0%
Clinton Town $1,395 6%
Milford $1,514 0%
Milford Town $1,549 3%
Charlton $1,145 20%
Clinton $1,395 6%
Northborough Town $2,114 5%

For more information about the Worcester rental trends, check out our monthly rent report

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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 Worcester 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.

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