Average Rent In Massachusetts For January 2024
Average Rent
What is the average rent in Massachusetts?
The average rent in Massachusetts for January 2024 is $1,908, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Massachusetts is $2,029. The average rent of a 1-bedroom apartment in Massachusetts is $1,509.
Compared to the national average of $1,379, Massachusetts rent costs 38.4% more. Read our analysis of rents by state to see how Massachusetts ranks.
Here's a look at how average rents have changed over time:
How Does Massachusetts Rent Compare To The Rest Of The Country?
| Statistic | MA | USA | % Difference |
|---|---|---|---|
| Average Rent | $1,908 | $1,379 | 38.4% |
| M-o-M Change | -$24 | -$11 | 118.2% |
| Y-o-Y Change | $57 | -$14 | -507.1% |
| M-o-M % Change | -1.2% | -0.8% | - |
| Y-o-Y % Change | 3.1% | -1.0% | - |
Median Rent By Bedrooms In Massachusetts
1-Bedroom
2-Bedroom
As you would expect, the median price for rent in Massachusetts increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Massachusetts clocking in at $1,509, while a 2-bedroom rental will set you back $2,029 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $1,014/room/month.
Read on to find out more or for more on Massachusetts check out:
- Best Places To Live In Massachusetts
- Cheapest Places To Live In Massachusetts
- Most Dangerous Cities In Massachusetts
Month Over Month Massachusetts Rent Statistics
M-o-M Increase
M-o-M Increase
Massachusetts has experienced a -$24 change in rent over the past month going from $1,932 to $1,908. That change comes out to -1.2%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Massachusetts:
Year Over Year Massachusetts Rent Statistics
Y-o-Y Increase
Y-o-Y Increase
Over the past year, the average rent in Massachusetts changed $57 from $1,851 to $1,908. A change of $57 means that rents changed 3.1% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Massachusetts:
The 10 Places With The Highest Rent In Massachusetts
Population: 110,893
Median Rent: $2,011
More on Cambridge: Data | Crime | Cost Of Living | Real Estate
Population: 88,479
Median Rent: $1,894
More on Newton: Data | Crime | Cost Of Living | Real Estate
Population: 34,553
Median Rent: $1,839
More on Watertown Town: Data | Cost Of Living | Real Estate
Population: 79,983
Median Rent: $1,817
More on Somerville: Data | Crime | Cost Of Living | Real Estate
Population: 57,700
Median Rent: $1,722
More on Medford: Data | Crime | Cost Of Living | Real Estate
Population: 62,832
Median Rent: $1,612
More on Waltham: Data | Crime | Cost Of Living | Real Estate
Population: 39,500
Median Rent: $1,552
More on Woburn: Data | Crime | Cost Of Living | Real Estate
Population: 669,158
Median Rent: $1,546
More on Boston: Data | Crime | Cost Of Living | Real Estate
Population: 61,212
Median Rent: $1,490
More on Malden: Data | Crime | Cost Of Living | Real Estate
Population: 37,082
Median Rent: $1,469
More on Braintree Town: Data | Cost Of Living | Real Estate
Learn More About Living In Massachusetts
About Chris Kolmar
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.