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Rental Market Trends in Medford, MA

What is the average rent in Medford, MA?

$2,831/month

Average Rent

755 Sq Ft

Average Apartment Size

-1%

Decrease in the Last Year

As of March 2026, the average rent in Medford, MA is $2,831 per month. This is 74% higher than the national average rent price of $1,627/month, making Medford one of the most expensive cities in the US. When you rent an apartment in Medford, you can expect to pay about $2,590 per month for a studio, $2,831 for a one-bedroom apartment, and around $3,294 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,169 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,590/month
602 Sq Ft
One Bedroom
$2,831/month
755 Sq Ft
Two Bedroom
$3,294/month
1,078 Sq Ft
Three Bedroom
$4,169/month
1,358 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,235/month
963 Sq Ft
Three Bedroom
$4,878/month
1,739 Sq Ft
Four Bedroom
$6,131/month
3,142 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,408/month
923 Sq Ft
Two Bedroom
$3,345/month
3,766 Sq Ft
Three Bedroom
$3,916/month
4,285 Sq Ft
Four Bedroom
$5,225/month
4,639 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,066/month
1,802 Sq Ft
Three Bedroom
$4,051/month
2,058 Sq Ft
Four Bedroom
$5,740/month
2,923 Sq Ft

How much has average rent changed in Medford, MA?

In the past year, rent has decreased by 1%, which averages out to $28 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Medford, MA
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Medford, MA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
8% $1,001 - $1,500/month
15% $1,501 - $2,000/month
77% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Medford?

Based on current rent prices, Glenwood, Tufts Park and Wellington Medford are the most affordable neighborhoods in Medford.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Glenwood
$2,482/month
1,227 Sq Ft
Tufts Park
$3,148/month
1,270 Sq Ft
Wellington Medford
$3,219/month
869 Sq Ft

What are the most expensive neighborhoods in Medford?

Based on current rent prices, Wellington Medford, Tufts Park and Glenwood are the most expensive neighborhoods in Medford.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Wellington Medford
$3,219/month
869 Sq Ft
Tufts Park
$3,148/month
1,270 Sq Ft
Glenwood
$2,482/month
1,227 Sq Ft

Which Medford neighborhoods have the most rentals available?

The neighborhoods in Medford with the most apartments available are Wellington Medford, Glenwood and Tufts Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Wellington Medford
$3,219/month
869 Sq Ft
Glenwood
$2,482/month
1,227 Sq Ft
Tufts Park
$3,148/month
1,270 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Medford is $2,831, you’ll want to make about $9,436 per month or $113,232 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

Medford, MA

4,335 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Medford, 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 Medford, MA

Apartment Averages

Glenwood

Medford, MA

Wellington Medford

Medford, MA

Studio
$1,322/month
$2,607/month
One Bedroom
$2,127/month
$2,987/month
Two Bedroom
$2,456/month
$3,626/month
Three Bedroom
$1,178/month
$4,739/month
Search
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Nearby City Rent Trends

  • Somerville Average Rent
  • Winchester Average Rent
  • Malden Average Rent
  • Arlington Average Rent
  • Cambridge Average Rent
  • Everett Average Rent
  • Stoneham Average Rent
  • Melrose Average Rent

Apartment communities in Medford we think you'll love

160 Pleasant Street Apartments

160 Pleasant Street Apartments

160 Pleasant St,
Malden, MA 02148

$2,375 - $3,655 Plus Fees

Studio - 2 Beds | 12 Month Lease

The Exchange Street Apartments

The Exchange Street Apartments

100-150 Exchange St,
Malden, MA 02148

$2,410 - $3,775 Plus Fees

Studio - 2 Beds

Mystic Place

Mystic Place

3610 Mystic Valley Pkwy,
Medford, MA 02155

$2,396 - $3,485 Total Monthly Price

1-2 Beds

Station Landing Apartments

Station Landing Apartments

50-55 Station Lndg,
Medford, MA 02155

$2,708 - $17,052 Plus Fees

Studio - 3 Beds | 12 Month Lease

Property Management Companies in Medford, MA

Greystar
Greystar
  • 3,482

    Communities

  • 957,535

    Units

  • 894

    Cities

7 Communities in Medford
Willow Bridge
Willow Bridge
  • 716

    Communities

  • 199,014

    Units

  • 340

    Cities

4 Communities in Medford
AvalonBay
AvalonBay
  • 194

    Communities

  • 70,427

    Units

  • 134

    Cities

2 Communities in Medford
Bozzuto
Bozzuto
  • 390

    Communities

  • 119,597

    Units

  • 158

    Cities

1 Community in Medford
Winn Companies
Winn Companies
  • 159

    Communities

  • 26,767

    Units

  • 111

    Cities

1 Community in Medford
FPA Multifamily LLC
FPA Multifamily LLC
  • 84

    Communities

  • 17,112

    Units

  • 63

    Cities

1 Community in Medford
Mill Creek Residential
Mill Creek Residential
  • 90

    Communities

  • 28,137

    Units

  • 56

    Cities

1 Community in Medford
RKW Residential Management
RKW Residential Management
  • 78

    Communities

  • 22,669

    Units

  • 47

    Cities

1 Community in Medford

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United States Massachusetts Medford 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity