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Rental Market Trends in Belmont, MA

What is the average rent in Belmont, MA?

$2,723/month

Average Rent

759 Sq Ft

Average Apartment Size

-1%

Decrease in the Last Year

As of September 2025, the average rent in Belmont, MA is $2,723 per month. This is 66% higher than the national average rent price of $1,640/month, making Belmont one of the most expensive cities in the US. When you rent an apartment in Belmont, you can expect to pay about $2,614 per month for a studio, $2,723 for a one-bedroom apartment, and around $3,850 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,545 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,614/month
519 Sq Ft
One Bedroom
$2,723/month
759 Sq Ft
Two Bedroom
$3,850/month
1,096 Sq Ft
Three Bedroom
$4,545/month
1,513 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,756/month
1,478 Sq Ft
Three Bedroom
$4,705/month
2,150 Sq Ft
Four Bedroom
$7,675/month
3,008 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,387/month
2,266 Sq Ft
Two Bedroom
$3,129/month
2,517 Sq Ft
Three Bedroom
$3,806/month
3,484 Sq Ft
Four Bedroom
$5,295/month
4,571 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,165/month
1,346 Sq Ft
Three Bedroom
$3,731/month
1,346 Sq Ft
Four Bedroom
$5,292/month
2,004 Sq Ft

How much has average rent changed in Belmont, MA?

In the past year, rent has decreased by 1%, which averages out to $27 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Belmont, MA
Last Updated September 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Belmont, MA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
33% $1,501 - $2,000/month
67% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Belmont?

Based on current rent prices, Belmont Hill, Belmont Center and Harvard Lawn are the most affordable neighborhoods in Belmont.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Belmont Hill
$2,908/month
935 Sq Ft
Belmont Center
$3,057/month
755 Sq Ft
Harvard Lawn
$3,135/month
699 Sq Ft
Cushing Square
$3,425/month
2,444 Sq Ft
Payson Park
$3,450/month
2,517 Sq Ft

What are the most expensive neighborhoods in Belmont?

Based on current rent prices, Payson Park, Cushing Square and Harvard Lawn are the most expensive neighborhoods in Belmont.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Payson Park
$3,450/month
2,517 Sq Ft
Cushing Square
$3,425/month
2,444 Sq Ft
Harvard Lawn
$3,135/month
699 Sq Ft
Belmont Center
$3,057/month
755 Sq Ft
Belmont Hill
$2,908/month
935 Sq Ft

Which Belmont neighborhoods have the most rentals available?

The neighborhoods in Belmont with the most apartments available are Belmont Center, Cushing Square and Payson Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Belmont Center
$3,057/month
755 Sq Ft
Cushing Square
$3,425/month
2,444 Sq Ft
Payson Park
$3,450/month
2,517 Sq Ft
Belmont Hill
$2,908/month
935 Sq Ft
Harvard Lawn
$3,135/month
699 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Belmont, MA?

Because the average rent in Belmont is $2,723, you’ll want to make about $9,076 per month or $108,912 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.

City

Belmont, MA

700 Available Apartments for Rent

Search for Nearby Apartments

How does Belmont, MA compare to other nearby cities and neighborhoods?

Use the tool below to compare Belmont, 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.

Explore the Area Guide for Belmont, MA

Apartment Averages

Belmont Hill

Belmont, MA

Payson Park

Belmont, MA

Studio
$1,085/month
-
One Bedroom
$1,245/month
-
Two Bedroom
$1,323/month
-
Three Bedroom
$2,313/month
-
Search
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Nearby City Rent Trends

  • Watertown Average Rent
  • Arlington Average Rent
  • Waltham Average Rent
  • Brighton Average Rent
  • Allston Average Rent
  • Cambridge Average Rent
  • West Newton Average Rent
  • Newtonville Average Rent

Apartment communities in Belmont we think you'll love

605 Concord at Fresh Pond

605 Concord at Fresh Pond

605 Concord Ave,
Cambridge, MA 02138

$2,800 - $5,700 Plus Fees

Studio - 3 Beds

The Bradford

The Bradford

525 Common St,
Belmont, MA 02478

$2,656 - $9,142 Total Monthly Price

1-2 Beds

The Royal Belmont

The Royal Belmont

375 Acorn Park Dr,
Belmont, MA 02478

$2,525 - $5,385 Plus Fees

Studio - 3 Beds

Urbane at Alewife

Urbane at Alewife

50 Cambridgepark Dr,
Cambridge, MA 02140

$3,107 - $10,197 Total Monthly Price

Studio - 3 Beds

Learn More with Helpful Articles

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

When Is the Best Time to Move?

The pros and cons of moving during each season.

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United States Massachusetts Belmont Rental Trends

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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity