Hancock Village
1 Hancock Village Dr,
Chestnut Hill, MA 02467
1-2 Beds | $3,035 - 4,525
Rental Market Trends in Newton, MA
What is the average rent in Newton, MA?
$3,022/month
Average Rent
737 Sq Ft
Average Apartment Size
+3.3%
Increase in the Last Year
As of November 2024, the average rent in Newton, MA is $3,022 per month. This is 94% higher than the national average rent price of $1,559/month, making Newton one of the most expensive cities in the US. When you rent an apartment in Newton, you can expect to pay about $2,534 per month for a studio, $3,022 for a one-bedroom apartment, and around $3,728 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $5,106 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 Newton, MA?
In the past year, rent has increased by 3.3%, which averages out to $100 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 November 2024
Legend
2023
2024
Rent Ranges in Newton, MA
Last Updated November 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
29%
$1,501 - $2,000/month
71%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Newton?
Based on current rent prices, Newton Corner, Nonantum and Thompsonville are the most affordable neighborhoods in Newton.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Newton?
Based on current rent prices, Thompsonville, Nonantum and Newton Corner are the most expensive neighborhoods in Newton.
Neighborhood
Average Rent
Average Sq Ft
Which Newton neighborhoods have the most rentals available?
The neighborhoods in Newton with the most apartments available are Nonantum, Newton Corner and Thompsonville .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Newton, MA?
Because the average rent in Newton is $3,022, you’ll want to make about $10,073 per month or $120,876 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 Newton, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Newton, 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
$2,143/month
$2,344/month
One Bedroom
$2,192/month
$3,652/month
Two Bedroom
$2,611/month
$4,370/month
Three Bedroom
-
$5,519/month
Nearby City Rent Trends
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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.