Luxe at Alewife
80 Cambridgepark Dr,
Cambridge, MA 02140
Studio - 3 Beds | $2,718 - $14,712
Rental Market Trends in Cambridge, MA
What is the average rent in Cambridge, MA?
$3,282/month
Average Rent
722 Sq Ft
Average Apartment Size
+2.8%
Increase in the Last Year
As of March 2025, the average rent in Cambridge, MA is $3,282 per month. This is 111% higher than the national average rent price of $1,557/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 $2,761 per month for a studio, $3,282 for a one-bedroom apartment, and around $4,104 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $5,332 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 Cambridge, MA?
In the past year, rent has increased by 2.8%, which averages out to $94 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Cambridge, MA
Last Updated March 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
0%
$700 - $1,000/month
3%
$1,001 - $1,500/month
4%
$1,501 - $2,000/month
91%
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, Mid-Cambridge and Riverside are the most affordable neighborhoods in Cambridge.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average Sq Ft
Which Cambridge neighborhoods have the most rentals available?
The neighborhoods in Cambridge with the most apartments available are Mid-Cambridge, Neighborhood Nine and Aggasiz .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cambridge, MA?
Because the average rent in Cambridge is $3,282, you’ll want to make about $10,940 per month or $131,280 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.
Studio
-
$3,181/month
One Bedroom
$3,349/month
$3,853/month
Two Bedroom
$4,690/month
$4,771/month
Three Bedroom
$6,967/month
$6,643/month
Nearby City Rent Trends
Apartment communities in Cambridge we think you'll love
Property Management Companies in Cambridge, MA
Equity Residential
-
188
Communities
-
60,108
Units
-
84
Cities
6 Communities in Cambridge
Greystar
-
3,214
Communities
-
891,371
Units
-
830
Cities
5 Communities in Cambridge
Willow Bridge
-
685
Communities
-
186,612
Units
-
310
Cities
5 Communities in Cambridge
Bozzuto
-
373
Communities
-
114,538
Units
-
153
Cities
5 Communities in Cambridge
The Wingate Companies
-
46
Communities
-
7,537
Units
-
33
Cities
4 Communities in Cambridge
AIR Communities
-
71
Communities
-
24,531
Units
-
40
Cities
3 Communities in Cambridge
Windsor Communities
-
123
Communities
-
40,149
Units
-
69
Cities
2 Communities in Cambridge
Bell Partners
-
259
Communities
-
82,409
Units
-
136
Cities
1 Community in Cambridge
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.