Cambridge, MA Rental Market Trends
What is the average rent in Cambridge?
The average rent for an apartment in Cambridge is $3,614. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Cambridge, MA
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $3,614 | 819 sq. ft. |
What is the average apartment size in Cambridge?
The average size for a Cambridge, MA apartment is 819 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.
Cambridge, MA apartment rent ranges
Cambridge, MA Occupied Housing Units
32,870 or 66% of the households in Cambridge, MA are renter-occupied while 16,605 or 34% are owner-occupied.
Cambridge, MA rent trends
Average Rent in Cambridge, MA By Neighborhood
| City | Average Rent |
|---|---|
| East Cambridge | $3,949 |
| Area 4 | $3,616 |
| Cambridgeport | $3,616 |
| Mid-Cambridge | $3,330 |
| Riverside | $3,330 |
| Peabody | $3,257 |
| West Cambridge | $3,053 |
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What are the most affordable neighborhoods in Cambridge?
The most affordable neighborhoods in Cambridge are West Cambridge, where the average rent goes for $3,053/month, Peabody, where renters pay $3,257/mo on average, and Mid-Cambridge, where the average rent goes for $3,330/mo.
What are the most expensive neighborhoods in Cambridge?
The most expensive neighborhoods in Cambridge are Area 4 ($3,616), Cambridgeport ($3,616) and East Cambridge ($3,949).
What are the most popular neighborhoods in Cambridge?
The most popular neighborhood in Cambridge is East Cambridge, where there are 2 listings with an average rent of $3,949. Next up is Mid-Cambridge, where apartments go for $3,330/month, followed by Riverside with $3,330 If you’re looking to rent in Cambridge’s most popular neighborhoods, make sure to also check out Area 4, where renters pay $3,616 on average, and Cambridgeport, where the average monthly rent is $3,616.
Cambridge | Rent Comparison by Neighborhood
Rent in Area 4 is the same as in Cambridgeport
$3,616
Area 4 rent is 1% higher than Cambridge average
Average Rent
$3,616
$3,616
Cambridgeport rent is 1% higher than Cambridge average
Average Rent
$3,616