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Rental Market Trends in Medford, MA

What is the average rent in Medford, MA?

$3,000/month

Average Rent

757 Sq Ft

Average Apartment Size

+2.9%

Increase in the Last Year

As of September 2025, the average rent in Medford, MA is $3,000 per month. This is 83% higher than the national average rent price of $1,640/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 $2,586 per month for a studio, $3,000 for a one-bedroom apartment, and around $3,455 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,206 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,586/month
600 Sq Ft
One Bedroom
$3,000/month
757 Sq Ft
Two Bedroom
$3,455/month
1,074 Sq Ft
Three Bedroom
$4,206/month
1,344 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,930/month
1,057 Sq Ft
Three Bedroom
$4,490/month
1,877 Sq Ft
Four Bedroom
$5,588/month
3,700 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,585/month
3,039 Sq Ft
Two Bedroom
$3,253/month
4,256 Sq Ft
Three Bedroom
$3,904/month
4,585 Sq Ft
Four Bedroom
$5,357/month
5,527 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,054/month
1,770 Sq Ft
Three Bedroom
$3,835/month
2,126 Sq Ft
Four Bedroom
$4,476/month
2,440 Sq Ft

How much has average rent changed in Medford, MA?

In the past year, rent has increased by 2.9%, which averages out to $87 more 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 by Neighborhood

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

What are the most affordable neighborhoods in Medford?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Medford
$2,308/month
2,279 Sq Ft
Tufts Park
$2,652/month
1,878 Sq Ft
Glenwood
$3,005/month
968 Sq Ft
Wellington Medford
$3,369/month
889 Sq Ft

What are the most expensive neighborhoods in Medford?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Wellington Medford
$3,369/month
889 Sq Ft
Glenwood
$3,005/month
968 Sq Ft
Tufts Park
$2,652/month
1,878 Sq Ft
South Medford
$2,308/month
2,279 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
$3,369/month
889 Sq Ft
Glenwood
$3,005/month
968 Sq Ft
Tufts Park
$2,652/month
1,878 Sq Ft
South Medford
$2,308/month
2,279 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 $3,000, you’ll want to make about $10,000 per month or $120,000 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

5,078 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

South Medford

Medford, MA

Wellington Medford

Medford, MA

Studio
$943/month
$2,604/month
One Bedroom
$1,674/month
$3,124/month
Two Bedroom
$1,021/month
$3,869/month
Three Bedroom
-
$4,787/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

Anthem Everett

Anthem Everett

484 2nd St,
Everett, MA 02149

$2,325 - $3,875 Total Monthly Price

Studio - 2 Beds

160 Pleasant Street Apartments

160 Pleasant Street Apartments

160 Pleasant St,
Malden, MA 02148

$2,375 - $3,855 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 - $3,875 Plus Fees

Studio - 2 Beds

Mystic Place

Mystic Place

3610 Mystic Valley Pkwy,
Medford, MA 02155

$2,356 - $3,350 Total Monthly Price

1-2 Beds

Property Management Companies in Medford, MA

Greystar
Greystar
  • 3,377

    Communities

  • 938,058

    Units

  • 866

    Cities

7 Communities in Medford
Willow Bridge
Willow Bridge
  • 699

    Communities

  • 189,682

    Units

  • 331

    Cities

3 Communities in Medford
Windsor Communities
Windsor Communities
  • 111

    Communities

  • 36,246

    Units

  • 63

    Cities

2 Communities in Medford
Cushman & Wakefield
Cushman & Wakefield
  • 531

    Communities

  • 122,581

    Units

  • 271

    Cities

1 Community in Medford
Bozzuto
Bozzuto
  • 394

    Communities

  • 119,938

    Units

  • 158

    Cities

1 Community in Medford
AvalonBay
AvalonBay
  • 236

    Communities

  • 79,539

    Units

  • 154

    Cities

1 Community in Medford
Winn Companies
Winn Companies
  • 165

    Communities

  • 33,289

    Units

  • 116

    Cities

1 Community in Medford
Mill Creek Residential
Mill Creek Residential
  • 91

    Communities

  • 28,236

    Units

  • 54

    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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity