The Buckley Apartments
480 Franklin St,
Framingham, MA 01702
Studio - 3 Beds | $2,552 - $4,199
Rental Market Trends in Framingham, MA
What is the average rent in Framingham, MA?
$2,113/month
Average Rent
717 Sq Ft
Average Apartment Size
+5.8%
Increase in the Last Year
As of December 2024, the average rent in Framingham, MA is $2,113 per month. This is 35% higher than the national average rent price of $1,560/month, making Framingham one of the most expensive cities in the US. When you rent an apartment in Framingham, you can expect to pay about $1,783 per month for a studio, $2,113 for a one-bedroom apartment, and around $2,499 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,912 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 Framingham, MA?
In the past year, rent has increased by 5.8%, which averages out to $123 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 December 2024
Legend
2023
2024
Rent Ranges in Framingham, MA
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
9%
$1,001 - $1,500/month
31%
$1,501 - $2,000/month
57%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Framingham?
Based on current rent prices, Downtown Framingham and Metro West" are the most affordable neighborhoods in Framingham.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Framingham?
Based on current rent prices, Metro West and Downtown Framingham" are the most expensive neighborhoods in Framingham.
Neighborhood
Average Rent
Average Sq Ft
Which Framingham neighborhoods have the most rentals available?
The neighborhoods in Framingham with the most apartments available are Metro West and Downtown Framingham" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Framingham, MA?
Because the average rent in Framingham is $2,113, you’ll want to make about $7,043 per month or $84,516 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 Framingham, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Framingham, 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
$1,732/month
$2,452/month
One Bedroom
$2,226/month
$2,366/month
Two Bedroom
$2,740/month
$2,745/month
Three Bedroom
$3,105/month
$4,440/month
Nearby City Rent Trends
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Winn Companies
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Bridge Property Management
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138
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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.