An in-depth look at the Massachusetts rental market: September edition

Lease

Where can tenants get the best deals? Plus, a breakdown by Boston neighborhood.

The median rent for a one-bedroom apartment in Massachusetts was $2,500 last month. Adobe Stock

The median rental price for a one-bedroom apartment in Massachusetts was 19% higher in August than it was in August 2021, according to a recent report from ApartmentAdvisor.com.

ApartmentAdvisor, a real estate listing site, analyzes the properties on its website to reach its conclusions.

The median rent for a one-bedroom apartment in Massachusetts was $2,500 last month.

Meanwhile, the median one-bedroom rent has climbed to $2,980 in Cambridge, the most expensive community for renters in Massachusetts. This reflects a 19.5% year-over-year variation.

Boston ranked No. 2 in a tally of the Commonwealth’s most expensive rental markets for a one-bedroom apartment, according to the report. Boston’s median rent in this category in August was $2,880, reflecting a whopping 28% increase from the same time last year and an 8.7% increase month-on-month. other.

Medford ranked third, with a median rent of $2,749, followed by Melrose, Brookline and Newton. (Note: For large inventory changes, such as a large multi-family development open to leases, the website considers “a weighted average price for similar units in the same property relative to the inclusion of each individual unit” .)

The good news for tenants? Some communities have seen steep declines in median rent. So if you’re looking for deals on a bedroom, head west from Boston to Shrewsbury (-15.5%), Waltham (-14%), Framingham (-13.5%) and Natick ( -10.6%).

For breakdowns by Boston neighborhood and for studio, one-bedroom, and two-bedroom rentals in select communities across the state, see below:

By Boston neighborhood:

piece studio 1 bed 2 beds 3 beds
Allston $2,100 $3,100 $3,538 $4,400
Rear bay $3,000 $3,700 $5,931 $7,999
beacon hill $2,250 $2,825 $3,850 *
Brighton $1,823 $2,212 $2,700 $3,700
charlestown $2,960 $3,150 $4,442 $4,800
Dorchester * $3,100 $2,600 $3,100
Downtown $3,390 $4,019 $5,167 $6,368
East of Boston * $2,500 $3,000 $3,600
Fenway $2,700 $3,200 $5,115 *
Hyde Park * * $2,300 $3,300
Jamaica plain $3,090 $3,250 $3,709 $3,325
North end * $3,338 $4,225 $5,700
Roslindale * $1,975 $2,525 $3,100
Roxbury * $2,100 $2,900 $3,200
Seaport $3,425 $4,115 $4,873 *
South of Boston $3,300 $3,739 $4,492 $4,500
west end $2,865 $3,850 $5,157 $6,368
West Roxbury * $2,655 $2,950 $3,200

Studio:

community median rent 1 month change Change over 1 year
Cambridge $2,560 3.6% 32.4%
Boston $2,248 8.3% 24.9%
Quincy $2,147 15.3% 11.7%
Brookline $2,116 1% 21.1%
Somerville $1,819 -4.2% 10.3%
worcester $1,250 -2% 8.7%
MASS. $2,100 4% 10.3%

Room:

community median rent 1 month change Change over 1 year
Cambridge $2,980 1.8% 19.5%
Boston $2,880 8.7% 28%
Medford $2,749 21.4% 57.1%
Melrose $2,731 -0.1% 45.7%
Brookline $2,725 4.8% 24.1%
Newton $2,648 4.2% 39.3%
Everett $2,634 -5.1% 4.8%
Waltham $2,545 -14% 8.3%
Revere $2,538 8.4% 30.7%
beverly $2,500 7.3% 34.4%
winthrop $2,500 0% 57.5%
Natick $2,493 -10.6% -3.3%
Watertown $2,493 -8.5% 26.2%
chelsea $2,373 4.4% 35.2%
Somerville $2,344 1.9% 11.6%
Braintree $2,340 0.2% 10.2%
Quincy $2,286 -2.2% 27%
Lexington $2,250 -4.3% 0%
Marlborough $2,220 -7.6% 4%
Weymouth $2,153 1.9% 2.5%
norwood $2,133 1.5% 12.5%
Woburn $2,100 -2.3% 14.7%
Arlington $2,100 -4.5% 12%
Malden $2,000 9.6% 23.1%
Lowell $1,940 3.5% 21.3%
marble head $1,925 -3.8%
Lynne $1,850 0% -1.5%
Framingham $1,762 -13.5% 9.3%
Salem $1,700 -9.6% 5%
Shrewsbury $1,695 -15.5% -10.7%
worcester $1,661 2.2% 18.6%
Haverhill $1,543 -3.6% 10.2%
autumn river $1,448 -2.2% 28.7%
Leominster $1,376 11.9% 9.2%
Springfield $1,250 8.7% 12.4%
Gardner $1,150 0% 2.9%
MASS. $2,500 0.4% 19%

Two rooms:

community median rent 1 month change Change over 1 year
Cambridge $3,732 6.8% 30.5%
Waltham $3,484 -4% 36.6%
Natick $3,387 -3.5% 47.2%
Melrose $3,331 1% 41.7%
Boston $3,200 6.7% 23.1%
Brookline $3,200 0.6% 20.8%
Braintree $3,014 6.6% 22.5%
Plymouth $2,907 -17% -29.4%
Somerville $2,900 3.6% 17.5%
Canton $2,878 0.1% 26.2%
Peabody $2,815 10.4% 11.1%
Framingham $2,795 -0.2% 35.8%
Woburn $2,792 -0.1% 35.1%
Arlington $2,792 -0.3% 9.6%
winthrop $2,788 7.2% 39.4%
Stoughton $2,755 14.3% 46.1%
norwood $2,700 0% 14.8%
chelsea $2,697 0.4% 38.3%
Weymouth $2,691 5.5% 22.3%
Revere $2,680 -0.7% 24.6%
Quincy $2,650 -1.8% 32.5%
Marlborough $2,627 -11.2% -4.4%
Medford $2,600 2.2% 18.2%
Belmont $2,600 0% 13%
Newton $2,600 1.1% 8.3%
Watertown $2,600 -3.7% 11.9%
Chelmsford $2,515 10.5% 35.6%
Malden $2,425 -11.8% 18.4%
beverly $2,400 -11.9% 26.5%
Gloucester $2,350 -5.1%
Salem $2,350 -2.1% 6.8%
Lynne $2,300 8.9% 9.7%
Lowell $1,999 -0.1% 18.4%
Haverhill $1,900 0% 8.6%
Brockton $1,888 9.4% 15.3%
worcester $1,800 1.4% 5.9%
Leominster $1,678 ten% 17.8%
autumn river $1,400 -9.3% 12%
Springfield $1,300 0% 18.7%
MASS. $2,850 1.1% 16.3%

Click on the map below to see the median monthly rent in select Massachusetts communities:

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