Rental Market Trends in Cambridge, MA

Q: What is the average rent in Cambridge, MA?

As of December 2024, the average rent in Cambridge, MA was $3,255/month.

What is the average rent in Cambridge, MA?

$3,255/month

Average Rent

726 Sq Ft

Average Apartment Size

+2.6%

Increase in the Last Year

As of December 2024, the average rent in Cambridge, MA is $3,255 per month. This is 109% higher than the national average rent price of $1,560/month, making Cambridge one of the most expensive cities in the US. When you rent an apartment in Cambridge, you can expect to pay about $2,750 per month for a studio, $3,255 for a one-bedroom apartment, and around $4,083 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $5,272 or more.

Floor Plan Type

Average Rent

Average Sq Ft

Studio

$2,750/month

471 Sq Ft

One Bedroom

$3,255/month

726 Sq Ft

Two Bedroom

$4,083/month

1,058 Sq Ft

Three Bedroom

$5,272/month

1,268 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Three Bedroom

$6,738/month

1,746 Sq Ft

Four Bedroom

$7,632/month

2,760 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

One Bedroom

$2,900/month

2,118 Sq Ft

Two Bedroom

$3,542/month

2,560 Sq Ft

Three Bedroom

$4,188/month

3,323 Sq Ft

Four Bedroom

$5,611/month

4,159 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

One Bedroom

$2,751/month

701 Sq Ft

Two Bedroom

$3,864/month

2,316 Sq Ft

Three Bedroom

$5,392/month

2,239 Sq Ft

Four Bedroom

$7,359/month

3,529 Sq Ft

How much has average rent changed in Cambridge, MA?

In the past year, rent has increased by 2.6%, which averages out to $84 more per month.

Percentage*

Rent Range

1% Below $700/month

0% $700 - $1,000/month

4% $1,001 - $1,500/month

4% $1,501 - $2,000/month

92% Above $2,000/month

Rent by Neighborhood

Last Updated Today

What are the most affordable neighborhoods in Cambridge?

Based on current rent prices, Inman Square, Riverside and Mid-Cambridge are the most affordable neighborhoods in Cambridge.

Calculate Rent Affordability

Neighborhood

Average Rent

Average Sq Ft

Inman Square

$2,414/month

3,204 Sq Ft

Riverside

$2,722/month

3,616 Sq Ft

Mid-Cambridge

$2,822/month

3,152 Sq Ft

Porter Square

$2,847/month

3,376 Sq Ft

Neighborhood Nine

$2,882/month

1,577 Sq Ft

Wellington-Harrington

$2,907/month

2,134 Sq Ft

Aggasiz

$2,914/month

2,655 Sq Ft

North Cambridge

$2,955/month

2,013 Sq Ft

West Cambridge

$2,978/month

2,137 Sq Ft

Harvard Square

$3,126/month

4,963 Sq Ft

What are the most expensive neighborhoods in Cambridge?

Based on current rent prices, Kendall Square, Cambridgepark and Cambridge Highlands are the most expensive neighborhoods in Cambridge.

Calculate Rent Affordability

Neighborhood

Average Rent

Average Sq Ft

Kendall Square

$4,014/month

848 Sq Ft

Cambridgepark

$3,631/month

762 Sq Ft

Cambridge Highlands

$3,474/month

736 Sq Ft

Central Square

$3,394/month

1,248 Sq Ft

Cambridgeport

$3,335/month

1,624 Sq Ft

The Port

$3,264/month

923 Sq Ft

Strawberry Hill

$3,248/month

759 Sq Ft

Harvard Square

$3,126/month

4,963 Sq Ft

West Cambridge

$2,978/month

2,137 Sq Ft

North Cambridge

$2,955/month

2,013 Sq Ft

Which Cambridge neighborhoods have the most rentals available?

The neighborhoods in Cambridge with the most apartments available are Mid-Cambridge, Cambridge Highlands and Neighborhood Nine .

Calculate Rent Affordability

Neighborhood

Average Rent

Average Sq Ft

Mid-Cambridge

$2,822/month

3,152 Sq Ft

Cambridge Highlands

$3,474/month

736 Sq Ft

Neighborhood Nine

$2,882/month

1,577 Sq Ft

Riverside

$2,722/month

3,616 Sq Ft

Cambridgepark

$3,631/month

762 Sq Ft

Aggasiz

$2,914/month

2,655 Sq Ft

Kendall Square

$4,014/month

848 Sq Ft

Cambridgeport

$3,335/month

1,624 Sq Ft

North Cambridge

$2,955/month

2,013 Sq Ft

West Cambridge

$2,978/month

2,137 Sq Ft

What salary do I need to live comfortably in Cambridge, MA?

Because the average rent in Cambridge is $3,255, you’ll want to make about $10,850 per month or $130,200 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 Cambridge, MA compare to other nearby cities and neighborhoods?

Use the tool below to compare Cambridge, 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.

Explore the Area Guide for Cambridge, MA

Apartment Averages

Inman Square

Cambridge, MA

Kendall Square

Cambridge, MA

Studio

$3,215/month

One Bedroom

$3,335/month

$3,954/month

Two Bedroom

$3,518/month

$4,781/month

Three Bedroom

$6,937/month

$6,553/month

Nearby City Rent Trends

Apartment communities in Cambridge we think you'll love

Chroma

240 Sidney St,
Cambridge, MA 02139

Studio - 3 Beds | $3,021 - $11,055

Luxe at Alewife

80 Cambridgepark Dr,
Cambridge, MA 02140

Studio - 3 Beds | $2,639 - $10,214

Park 151

151 N First St,
Cambridge, MA 02141

Studio - 3 Beds | $2,585 - $10,325

Watermark Kendall West

350 3rd St,
Cambridge, MA 02142

Studio - 2 Beds | $3,720 - $6,110

Property Management Companies in Cambridge, MA

Equity Residential

183

Communities
58,530

Units
82

Cities

6 Communities in Cambridge

Willow Bridge

679

Communities
185,890

Units
310

Cities

5 Communities in Cambridge

Bozzuto

353

Communities
108,640

Units
151

Cities

5 Communities in Cambridge

Greystar

3,191

Communities
884,840

Units
829

Cities

4 Communities in Cambridge

The Wingate Companies

46

Communities
7,597

Units
33

Cities

4 Communities in Cambridge

Windsor Communities

140

Communities
44,447

Units
74

Cities

2 Communities in Cambridge

Bell Partners

257

Communities
81,820

Units
136

Cities

1 Community in Cambridge

Harbor Group Management

138

Communities
43,801

Units
89

Cities

1 Community in Cambridge

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United States Massachusetts Cambridge Rental Trends

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.