The Exchange Street Apartments
100-150 Exchange St,
Malden, MA 02148
Studio - 2 Beds | $2,410 - $3,800
Rental Market Trends in Medford, MA
Updated July 2026
The average rent in Medford, MA is $3,046/month.
Rent in Medford is 83% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$3,046/month
Average Rent
755 Sq Ft
Average Size
+4.1%
Change / Year
2,751
Available Apartments
Medford rent varies by unit size and layout:
- Studio apartments in Medford average $2,812 per month.
- One-bedroom apartments in Medford average $3,046 per month.
- Two-bedroom apartments in Medford average $3,604 per month.
- Three-bedroom apartments in Medford average $4,333 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 Medford, MA?
In the past year, rent has increased by 4.1%, which averages out to $126 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Medford, MA
July 2026
Above $2,000
Most rental prices fall within this range
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
What are the most affordable neighborhoods in Medford?
Based on current rent prices, Glenwood, South Medford and Wellington Medford are the most affordable neighborhoods in Medford.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Medford?
Based on current rent prices, Tufts Park, Wellington Medford and South Medford are the most expensive neighborhoods in Medford.
Neighborhood
Average Rent
Average Sq Ft
Which Medford neighborhoods have the most rentals available?
The neighborhoods in Medford with the most apartments available are Wellington Medford, Glenwood and South Medford .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Medford, MA?
Because the average rent in Medford is $3,046, you’ll want to make about $10,153 per month or $121,836 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 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.
View the Medford Area GuideStudio
$1,325/month
-
One Bedroom
$2,168/month
$3,805/month
Two Bedroom
$2,680/month
$4,292/month
Three Bedroom
$1,181/month
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Medford We Think You'll Love
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Frequently Asked Questions
What is the average rent in Medford?
The average rent in Medford is $3,046 per month, which is 83.2% higher than the national average of $1,663.
What is the average rent for a house in Medford?
The average rent for a house in Medford, MA is $4,318 per month.
What is the average rent for a townhome in Medford?
The average rent for a townhome in Medford, MA is $3,121 per month.
What is the average rent for a condo in Medford?
The average rent for a condo in Medford, MA is $2,475 per month.
Are rents going up or down in Medford?
Rents in Medford, MA are increasing, with prices up 4.1% year-over-year and $126 more per month.
What rent range is most common in Medford?
In Medford, MA, 77% 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.