Royal Belmont
375 Acorn Park Dr,
Belmont, MA 02478
Studio - 3 Beds | $2,275 - $5,800
Rental Market Trends in Belmont, MA
What is the average rent in Belmont, MA?
$2,631/month
Average Rent
796 Sq Ft
Average Apartment Size
-5.9%
Decrease in the Last Year
As of December 2024, the average rent in Belmont, MA is $2,631 per month. This is 69% higher than the national average rent price of $1,560/month, making Belmont one of the most expensive cities in the US. When you rent an apartment in Belmont, you can expect to pay about $2,654 per month for a studio, $2,631 for a one-bedroom apartment, and around $3,693 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,545 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Belmont, MA?
In the past year, rent has decreased by 5.9%, which averages out to $154 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Belmont, MA
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
67%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Belmont?
Based on current rent prices, Waverly Square, Belmont Center and Cushing Square are the most affordable neighborhoods in Belmont.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Belmont?
Based on current rent prices, Belmont Hill, Cushing Square and Belmont Center are the most expensive neighborhoods in Belmont.
Neighborhood
Average Rent
Average Sq Ft
Which Belmont neighborhoods have the most rentals available?
The neighborhoods in Belmont with the most apartments available are Belmont Center, Cushing Square and Belmont Hill .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Belmont, MA?
Because the average rent in Belmont is $2,631, you’ll want to make about $8,770 per month or $105,240 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Belmont, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Belmont, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,152/month
$1,065/month
One Bedroom
$1,428/month
$1,207/month
Two Bedroom
$1,773/month
$1,291/month
Three Bedroom
$1,898/month
$2,679/month
Nearby City Rent Trends
Apartment communities in Belmont we think you'll love
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.