Massachusetts Institute of Technology

Cambridge, MA

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Massachusetts Institute of Technology - Cambridge, MA Area Guide

A peerless institution that consistently exceeds its reputation

Private Urban Historic Top-Ranking Prestigious STEM Research Walkable Mass Transit

Enjoying a well-earned reputation as perhaps the most prestigious institution specializing in math and science in the United States, MIT has been a pioneering force in a multitude of fields since its founding in 1861. The university’s alumni have collectively been responsible for some of the most groundbreaking developments of the 20th century, from computer technology to astrophysics to defense research, and the institute continues to challenge some of the world’s greatest minds to reach their fullest potential. Along with its equally-revered Cambridge neighbor Harvard, MIT forms a cornerstone of the Boston area’s brain trust of peerless higher-learning institutions. While most students and faculty at MIT are famous for their industrious habits keeping them on-campus, the surrounding Boston community offers a wealth of terrific options for spending any valuable free time. The campus on the Charles River is only a short walk or ride away from some of the historic city’s most beloved attractions: a short hop across the Harvard Bridge will take you to Fenway Park and Back Bay, while the Longfellow Bridge will take you directly to Beacon Hill, Boston Common, and the North End. Virtually anywhere you go within these areas is jam-packed with historic architecture, stellar restaurants, and bars to suit any taste; with the added convenience of MBTA service, the entire region is at your fingertips even if you don’t want to drive anywhere.

Rent Trends

As of April 2026, the average apartment rent in Cambridge, MA is $2,829 for a studio, $3,331 for one bedroom, $4,272 for two bedrooms, and $5,302 for three bedrooms. Apartment rent in Cambridge has increased by 0.5% in the past year.

  • Studio

  • 477 sq ft

    Average Sq Ft

  • $2,829/month

    Average Rent

  • 1 BR

  • 710 sq ft

    Average Sq Ft

  • $3,331/month

    Average Rent

  • 2 BR

  • 1,021 sq ft

    Average Sq Ft

  • $4,272/month

    Average Rent

  • 3 BR

  • 1,261 sq ft

    Average Sq Ft

  • $5,302/month

    Average Rent

Getting Around

Very Walkable

Walkability

80 / 100

Exceptional Public Transit

Transit

90 / 100

Exceptionally Drivable

Drivability

90 / 100

Very Bikeable

Bikeability

80 / 100

Daily Essentials

Supermarket Within a 5 Minute Walk

Groceries

100 / 100

Exceptional Restaurant Variety Nearby

Restaurants

90 / 100

Great Café Variety Nearby

Cafes

80 / 100

Exceptional Variety of Shops Nearby

Shopping

100 / 100

Recreation

Exceptional Amount of Park Space Nearby

Parks

100 / 100

Exceptional Wellness Amenity Variety Nearby

Wellness

100 / 100

Local Vibe

Highly Vibrant Atmosphere

Vibrancy

80 / 100

Great Nightlife Variety Nearby

Nightlife

80 / 100

Schools

The Amigos School

Public

Grades PK-8

421 Students

Benjamin Banneker Charter Public School

Public

Grades PK-5

344 Students

Cambridgeport

Public

Grades PK-5

256 Students

Martin Luther King, Jr. School

Public

Grades PK-5

401 Students

Maria L. Baldwin

Public

Grades PK-5

385 Students

The Amigos School

Public

Grades PK-8

421 Students

Vassal Lane Upper School

Public

Grades 6-8

296 Students

Rindge Avenue Upper School

Public

Grades 6-8

278 Students

Cambridge Street Upper School

Public

Grades 6-8

317 Students

Putnam Avenue Upper School

Public

Grades 6-8

286 Students

Cambridge Rindge and Latin

Public

Grades 9-12

2,096 Students

Community Charter School of Cambridge

Public

Grades 6-12

244 Students

Prospect Hill Academy Charter School

Public

Grades PK-12

888 Students

Points of Interest

Parks and Recreation

  • Charles River Reservation
  • Coit Observatory
  • Museum of Science
  • Boston Public Garden
  • Boston African American National Historic Site

Airports

  • General Edward Lawrence Logan International

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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.