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Rental Market Trends in Nantucket, MA

Updated July 2026

The average rent in Nantucket, MA is $3,517/month.

Rent in Nantucket is 111% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$3,517/month

Average Rent

702 Sq Ft

Average Size

+1.3%

Change / Year

58

Available Apartments

Nantucket rent varies by unit size and layout:

  • Studio apartments in Nantucket average $2,532 per month.
  • One-bedroom apartments in Nantucket average $3,517 per month.
  • Two-bedroom apartments in Nantucket average $4,603 per month.
  • Three-bedroom apartments in Nantucket average $6,531 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,532/month
449 Sq Ft
One Bedroom
$3,517/month
702 Sq Ft
Two Bedroom
$4,603/month
1,003 Sq Ft
Three Bedroom
$6,531/month
1,243 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$17,300/month
2,088 Sq Ft
Four Bedroom
$30,022/month
3,596 Sq Ft
View Nantucket Apartments

How much has average rent changed in Nantucket, MA?

In the past year, rent has increased by 1.3%, which averages out to $45 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Nantucket, MA

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Nantucket, MA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

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

Because the average rent in Nantucket is $3,517, you’ll want to make about $11,723 per month or $140,676 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.

Cost of Living

The cost of living in Nantucket, MA is 139.7% higher than the national average. Generally, housing in Nantucket is 341.9% more expensive than the national average, with rent falling between $2,532 - $6,531. You can expect to pay 8.1% more for groceries, 0.9% less for utilities, and 106.2% more for transportation.

City

Nantucket, MA

58 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Nantucket, 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 Nantucket Area Guide

Apartment Averages

Apartment Communities in Nantucket We Think You'll Love

14 Blackfish Rd

14 Blackfish Rd

14 Blackfish Rd,
Nantucket, MA 02564

5 Beds | $32,000

8 Maine Ave

8 Maine Ave

8 Maine Ave,
Nantucket, MA 02554

3 Beds | $20,000

10 Lyon St

10 Lyon St

10 Lyon St,
Nantucket, MA 02554

7 Beds | $23,500

75 Baxter Rd

75 Baxter Rd

75 Baxter Rd,
Nantucket, MA 02564

3 Beds | $18,000

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Frequently Asked Questions

What is the average rent in Nantucket?

The average rent in Nantucket is $3,517 per month, which is 111.5% higher than the national average of $1,663.

What is the average rent for a house in Nantucket?

The average rent for a house in Nantucket, MA is $17,300 per month.

Are rents going up or down in Nantucket?

Rents in Nantucket, MA are increasing, with prices up 1.3% year-over-year and $45 more per month.

What rent range is most common in Nantucket?

In Nantucket, MA, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States Massachusetts Nantucket 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 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity