Park 151
151 N First St,
Cambridge, MA 02141
Studio - 3 Beds | $3,146 - $9,358
Rental Market Trends in Cambridge, MA
Updated August 2026
The average rent in Cambridge, MA is $3,458/month.
Rent in Cambridge is 108% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$3,458/month
Average Rent
715 Sq Ft
Average Size
+4.4%
Change / Year
2,994
Available Apartments
Cambridge rent varies by unit size and layout:
- Studio apartments in Cambridge average $2,944 per month.
- One-bedroom apartments in Cambridge average $3,458 per month.
- Two-bedroom apartments in Cambridge average $4,404 per month.
- Three-bedroom apartments in Cambridge average $5,343 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Cambridge, MA?
In the past year, rent has increased by 4.4%, which averages out to $153 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Cambridge, MA
August 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
0%
$700 - $1,000/month
2%
$1,001 - $1,500/month
5%
$1,501 - $2,000/month
92%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Cambridge?
Based on current rent prices, Inman Square, Mid-Cambridge and Neighborhood Nine are the most affordable neighborhoods in Cambridge.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cambridge?
Based on current rent prices, Kendall Square, Central Square and Cambridgeport are the most expensive neighborhoods in Cambridge.
Neighborhood
Average Rent
Average Sq Ft
Which Cambridge neighborhoods have the most rentals available?
The neighborhoods in Cambridge with the most apartments available are Mid-Cambridge, Cambridge Highlands and Kendall Square .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cambridge, MA?
Because the average rent in Cambridge is $3,458, you’ll want to make about $11,526 per month or $138,312 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 Cambridge, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Cambridge, 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.
View the Cambridge Area GuideStudio
-
$3,384/month
One Bedroom
$3,387/month
$4,085/month
Two Bedroom
$3,585/month
$5,236/month
Three Bedroom
$7,046/month
$6,657/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Somerville
Avg Rent: $3,340/month
-
Allston
Avg Rent: $2,907/month
-
Charlestown
Avg Rent: $3,091/month
-
Brighton
Avg Rent: $2,473/month
-
Medford
Avg Rent: $3,057/month
-
Roxbury Crossing
Avg Rent: $3,222/month
Apartment Communities in Cambridge We Think You'll Love
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Frequently Asked Questions
What is the average rent in Cambridge?
The average rent in Cambridge is $3,458 per month, which is 107.9% higher than the national average of $1,663.
What is the average rent for a house in Cambridge?
The average rent for a house in Cambridge, MA is $6,424 per month.
What is the average rent for a townhome in Cambridge?
The average rent for a townhome in Cambridge, MA is $3,620 per month.
What is the average rent for a condo in Cambridge?
The average rent for a condo in Cambridge, MA is $3,113 per month.
Are rents going up or down in Cambridge?
Rents in Cambridge, MA are increasing, with prices up 4.4% year-over-year and $153 more per month.
What rent range is most common in Cambridge?
In Cambridge, MA, 92% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 June 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.
* Percentages may not total 100 due to rounding.