{"id":98050,"date":"2020-01-15T01:55:04","date_gmt":"2020-01-15T09:55:04","guid":{"rendered":"https:\/\/www.rentcafe.com\/blog\/?p=98050"},"modified":"2026-04-20T00:18:32","modified_gmt":"2026-04-20T07:18:32","slug":"massachusetts-rent-report-year-end-2019","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/rental-market\/local-rent-reports\/massachusetts-rent-report-year-end-2019\/","title":{"rendered":"Massachusetts Rent Report &#8211; Year End 2019"},"content":{"rendered":"<ul>\n<li><em>The U.S. average rent ended the year with a 3% ($43) increase since last December, but decreased by a slight 0.1% ($1) month-over-month, dipping to $1,474 according to data from <a href=\"https:\/\/www.yardimatrix.com\/\" target=\"_blank\" rel=\"external noopener noreferrer\" data-wpel-link=\"external\">Yardi Matrix<\/a>.<\/em><\/li>\n<li><em>Billerica, MA renters saw the highest monthly rent increase in December,\u00a0with the average rate reaching $1,968 per month.\u00a0<\/em><\/li>\n<li><em>Boston apartments are the most expensive, while apartments in Holyoke have the cheapest rents.\u00a0<\/em><\/li>\n<\/ul>\n<h3>At year-end, the national average rent sees the slowest annual rise in 17 months<\/h3>\n<p>Nationally, apartments were renting for <strong>$1,474<\/strong> on average at the end of 2019, after the slowest annual rise in the past 17 months, <strong>3%<\/strong>. Furthermore, rates displayed a slower yearly growth at the end of 2019 than in the previous year, when they went up by 3.2% according to apartment rent data from <strong><a href=\"https:\/\/www.yardimatrix.com\/\">Yardi Matrix<\/a><\/strong>. In net dollars, renters are now paying <strong>$43<\/strong> more per month for an apartment than they did in December 2018. By comparison, in the previous year, they saw a\u00a0<strong>$45<\/strong>\u00a0rent hike compared to 2017. The winddown comes after a decade of <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rent-report\/renting-america-housing-changed-past-decade\/\">thriving apartment construction<\/a> in which over 2.4M units were delivered across the U.S.<\/p>\n<p>The national average rent also saw two consecutive monthly dips, declining by a slight <strong>0.1%<\/strong> in both November and December. As fewer people look for new apartments during the cold season, rents usually slow down or decline, explaining why last month, prices flatlined in 94% of the cities we analyzed and shrunk in another 3%. Only 3% of cities saw apartment rents increase since November.<\/p>\n<h3>Renting in Massachusetts in December 2019<\/h3>\n<p>The average rent in Massachusetts cities is <strong>generally higher than the national average rent<\/strong>. The fastest growing rents in December were in <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/billerica-ma\/\">Billerica<\/a>, where rental apartment\u00a0prices increased by 1.6% month over month, or $31.  <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/malden-ma\/\">Malden apartments<\/a>\u00a0saw the second highest monthly increase, jumping by 0.9%, or $20, while in <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/peabody-ma\/\">Peabody<\/a>, prices decreased by 1.3% ($27) compared to November.<\/p>\n<p><script id=\"infogram_0_8837601b-e7b8-40c0-a72e-46dc1f2c1acc\" title=\"RentCafe_Massachusetts-RentReport-December2019\" src=\"https:\/\/e.infogram.com\/js\/dist\/embed.js?PRi\" type=\"text\/javascript\"><\/script><\/p>\n<p><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/boston-ma\/\">Boston apartments<\/a>\u00a0are the state&#8217;s most expensive for renters, with an average rent of $3,438, followed by <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/cambridge-ma\/\">apartments in Cambridge<\/a>, where the average monthly rent is $3,182. On the other hand, the cheapest city to rent an apartment of the cities analyzed is <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/holyoke-ma\/\">Holyoke<\/a>, with its average rent of $982, being the only one under $1,000.<\/p>\n<p>To compare the rental market in Massachusetts with other cities in the U.S., you can also check our <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rent-report\/year-end-rent-report-2019\/\">national year end rent report<\/a>.<\/p>\n<h3>Methodology<\/h3>\n<p><em><a href=\"https:\/\/www.rentcafe.com\/\">RentCafe.com<\/a>\u00a0is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States.<\/em><\/p>\n<p><em>The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company <\/em><em><a href=\"https:\/\/www.yardimatrix.com\/\">Yardi Matrix<\/a><\/em><em>, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.<\/em><\/p>\n<div class=\"usagerights\">\n<div class=\"fairuse\">\n<h3>Fair use and redistribution<\/h3>\n<p>We encourage you and freely grant you permission to reuse, host, or repost the images in this article. When doing so, we only ask that you kindly attribute the authors by linking to <a href=\"https:\/\/www.rentcafe.com\">RentCafe.com<\/a> or this page, so that your readers can learn more about this project, the research behind it and its methodology.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. average rent ended the year with a 3% ($43) increase since last December, but decreased by a slight 0.1% ($1) month-over-month, dipping to $1,474 according to data from Yardi Matrix. Billerica, MA renters saw the highest monthly rent increase in December,\u00a0with the average rate reaching $1,968 per month.\u00a0 Boston apartments are the most&hellip;<\/p>\n","protected":false},"author":157,"featured_media":98053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16366,3660],"tags":[],"class_list":["post-98050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-rent-reports","category-real-estate-news","gallery-content-unit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Massachusetts Rent Report - Year End 2019 - RentCafe rental blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Massachusetts Rent Report - Year End 2019\" \/>\n<meta property=\"og:description\" content=\"The U.S. average rent ended the year with a 3% ($43) increase since last December, but decreased by a slight 0.1% ($1) month-over-month, dipping to $1,474 according to data from Yardi Matrix. Billerica, MA renters saw the highest monthly rent increase in December,\u00a0with the average rate reaching $1,968 per month.\u00a0 Boston apartments are the most&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"RentCafe rental blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-15T09:55:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-20T07:18:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2020\/01\/Massachusetts_featured_Year-End-2019_Rent-report.png\" \/>\n\t<meta property=\"og:image:width\" content=\"891\" \/>\n\t<meta property=\"og:image:height\" content=\"401\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sanziana Bona\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sanziana Bona\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/\",\"name\":\"Massachusetts Rent Report - Year End 2019 - RentCafe rental blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2020\/01\/Massachusetts_featured_Year-End-2019_Rent-report.png\",\"datePublished\":\"2020-01-15T09:55:04+00:00\",\"dateModified\":\"2026-04-20T07:18:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/0cf863c205542e44b9fbde18b57c2120\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#primaryimage\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2020\/01\/Massachusetts_featured_Year-End-2019_Rent-report.png\",\"contentUrl\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2020\/01\/Massachusetts_featured_Year-End-2019_Rent-report.png\",\"width\":891,\"height\":401,\"caption\":\"massachusetts_featured_year-end-2019_rent-report\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rentcafe.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Massachusetts Rent Report &#8211; Year End 2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#website\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/\",\"name\":\"RentCafe rental blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rentcafe.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/0cf863c205542e44b9fbde18b57c2120\",\"name\":\"Sanziana Bona\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2023\/12\/Default_profile_pic.png?w=96\",\"contentUrl\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2023\/12\/Default_profile_pic.png?w=96\",\"caption\":\"Sanziana Bona\"},\"description\":\"Sanziana Bona is a content marketing writer specializing in commercial real estate technology for Yardi Kube, an all-in-one coworking and flexible workspace management platform, and Yardi Corom, a cloud-based solution built for commercial tenants and corporate occupiers. With a strong focus on the evolving needs of occupiers and workspace operators, she develops in-depth, research-driven content that translates complex industry topics into clear, actionable insights. Her expertise spans occupancy analytics, portfolio optimization, FASB and IFRS lease accounting compliance, coworking operations and the growth of flexible and hybrid work environments. Her work has been featured in CNBC, CBS News, NBC New York, The Press Democrat, Wolf Street and The Registry San Francisco, among others. You can connect with Sanziana via email.\",\"sameAs\":[\"https:\/\/www.yardikube.com\",\"Sanziana Bona\"],\"url\":\"https:\/\/www.rentcafe.com\/blog\/author\/sanziana-bona\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Massachusetts Rent Report - Year End 2019 - RentCafe rental blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/","og_locale":"en_US","og_type":"article","og_title":"Massachusetts Rent Report - Year End 2019","og_description":"The U.S. average rent ended the year with a 3% ($43) increase since last December, but decreased by a slight 0.1% ($1) month-over-month, dipping to $1,474 according to data from Yardi Matrix. Billerica, MA renters saw the highest monthly rent increase in December,\u00a0with the average rate reaching $1,968 per month.\u00a0 Boston apartments are the most&hellip;","og_url":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/","og_site_name":"RentCafe rental blog","article_published_time":"2020-01-15T09:55:04+00:00","article_modified_time":"2026-04-20T07:18:32+00:00","og_image":[{"width":891,"height":401,"url":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2020\/01\/Massachusetts_featured_Year-End-2019_Rent-report.png","type":"image\/png"}],"author":"Sanziana Bona","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Sanziana Bona","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/","url":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/","name":"Massachusetts Rent Report - Year End 2019 - RentCafe rental blog","isPartOf":{"@id":"https:\/\/www.rentcafe.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#primaryimage"},"image":{"@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2020\/01\/Massachusetts_featured_Year-End-2019_Rent-report.png","datePublished":"2020-01-15T09:55:04+00:00","dateModified":"2026-04-20T07:18:32+00:00","author":{"@id":"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/0cf863c205542e44b9fbde18b57c2120"},"breadcrumb":{"@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#primaryimage","url":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2020\/01\/Massachusetts_featured_Year-End-2019_Rent-report.png","contentUrl":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2020\/01\/Massachusetts_featured_Year-End-2019_Rent-report.png","width":891,"height":401,"caption":"massachusetts_featured_year-end-2019_rent-report"},{"@type":"BreadcrumbList","@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/massachusetts-rent-report-year-end-2019\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rentcafe.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Massachusetts Rent Report &#8211; Year End 2019"}]},{"@type":"WebSite","@id":"https:\/\/www.rentcafe.com\/blog\/#website","url":"https:\/\/www.rentcafe.com\/blog\/","name":"RentCafe rental blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rentcafe.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/0cf863c205542e44b9fbde18b57c2120","name":"Sanziana Bona","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2023\/12\/Default_profile_pic.png?w=96","contentUrl":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2023\/12\/Default_profile_pic.png?w=96","caption":"Sanziana Bona"},"description":"Sanziana Bona is a content marketing writer specializing in commercial real estate technology for Yardi Kube, an all-in-one coworking and flexible workspace management platform, and Yardi Corom, a cloud-based solution built for commercial tenants and corporate occupiers. With a strong focus on the evolving needs of occupiers and workspace operators, she develops in-depth, research-driven content that translates complex industry topics into clear, actionable insights. Her expertise spans occupancy analytics, portfolio optimization, FASB and IFRS lease accounting compliance, coworking operations and the growth of flexible and hybrid work environments. Her work has been featured in CNBC, CBS News, NBC New York, The Press Democrat, Wolf Street and The Registry San Francisco, among others. You can connect with Sanziana via email.","sameAs":["https:\/\/www.yardikube.com","Sanziana Bona"],"url":"https:\/\/www.rentcafe.com\/blog\/author\/sanziana-bona\/"}]}},"jetpack_featured_media_url":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2020\/01\/Massachusetts_featured_Year-End-2019_Rent-report.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/posts\/98050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/users\/157"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/comments?post=98050"}],"version-history":[{"count":4,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/posts\/98050\/revisions"}],"predecessor-version":[{"id":98704,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/posts\/98050\/revisions\/98704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/media\/98053"}],"wp:attachment":[{"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/media?parent=98050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/categories?post=98050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/tags?post=98050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}