Median Age
41 Years
Largest Age Group
35-44 Years
Approximately 16% of Residents
Under 20
22%
Over 65
15%
Nantucket, MA
Area Guide
Avg Rent
$3,516
Population
8,684
Renter Mix
41% Rent
Where history and beauty surround you
Historic
•
Coastal
•
Scenic
Welcome to Nantucket, a historic island destination off the coast of Massachusetts known for its cobblestone streets and preserved whaling-era architecture. Located 30 miles south of Cape Cod, this island community of approximately 8,700 year-round residents features pristine beaches and a rich maritime heritage. Housing options include classic New England-style homes, from cottages to waterfront properties, though seasonal demand affects availability. Notable areas include Madaket, with its stunning sunsets; Siasconset ('Sconset), featuring rose-covered cottages; and Brant Point, home to the iconic lighthouse.
Life on Nantucket centers around its natural landscapes and historic downtown district. The island maintains strict preservation guidelines to protect its architectural heritage, while offering modern amenities throughout its commercial areas. Massachusetts currently shows an average one-bedroom rent of $2,519 with a 2.4% year-over-year increase, though Nantucket's rental market reflects its island location and seasonal patterns. The community calendar features several signature events, including the Nantucket Wine & Food Festival in May and the Christmas Stroll in December, both drawing visitors from across the region to celebrate the island's culture and traditions.
Explore the City
Aerial view of Nantucket's beaches.
Shopping in Downtown Nantucket.
Demographics
Median Household Income
$140,009
Average: $155,456
Education
3,908
Residents Have a Degree
Job Market
4,454
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Nantucket has more homeowners than renters.
Renters
41%
Non-Renters
59%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
42%
Other Education
58%
Rent Trends
As of May 2026, the average apartment rent in Nantucket, MA is $2,531 for a studio, $3,516 for one bedroom, $4,601 for two bedrooms, and $6,529 for three bedrooms. Apartment rent in Nantucket has increased by 1.6% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$3,516/month
702 Sq Ft
House
$28,670/month
3,458 Sq Ft
Cost of Living
The cost of living in Nantucket, MA is 136.2% higher than the national average. Generally, housing in Nantucket is 337.8% more expensive than the national average, with rent falling between $2,531 - $6,529. You can expect to pay 8.3% more for groceries, 1.3% less for utilities, and 106.1% more for transportation.
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Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Nantucket, MA is for everyday living.
Somewhat Walkable
Walkability
20
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Fairly Bikeable
Bikeability
40
/ 100
Scores provided by
Schools
Public
Grades PK-5
376 Students
Public
Grades PK-5
376 Students
Public
Grades 6-8
355 Students
Public
Grades 9-12
550 Students
Public
Grades 9-12
550 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Parks and Recreation
- Loines Observatory
- Vestal Street Observatory
- Natural Science Museum
- MMA Aquarium
- Linda Loring Nature Foundation
Commuter Rail
Military Bases
Airports
- Nantucket Memorial
- Martha's Vineyard
Top Apartments in Nantucket
Houses for Rent in Nantucket
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Nearby City Rentals
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.