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Rental Market Trends in North Reading, MA

What is the average rent in North Reading, MA?

$2,698/month

Average Rent

818 Sq Ft

Average Apartment Size

+11%

Increase in the Last Year

As of June 2025, the average rent in North Reading, MA is $2,698 per month. This is 66% higher than the national average rent price of $1,627/month, making North Reading one of the most expensive cities in the US. When you rent an apartment in North Reading, you can expect to pay about per month for a studio, $2,698 for a one-bedroom apartment, and around $3,251 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,698/month
818 Sq Ft
Two Bedroom
$3,251/month
1,169 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in North Reading, MA?

In the past year, rent has increased by 11%, which averages out to $296 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in North Reading, MA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in North Reading, 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 North Reading, MA?

Because the average rent in North Reading is $2,698, you’ll want to make about $8,993 per month or $107,916 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

North Reading, MA

33 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare North Reading, 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 North Reading, MA

Apartment Averages

Nearby City Rent Trends

  • Reading Average Rent
  • Lynnfield Average Rent
  • Wilmington Average Rent
  • Andover Average Rent
  • Peabody Average Rent

Apartment communities in North Reading we think you'll love

Edgewood Apartments

Edgewood Apartments

100-110 Lowell Rd,
North Reading, MA 01864

1-2 Beds | $2,143 - $8,173

270 Main St

270 Main St

270 Main St,
North Reading, MA 01864

Studio | $1,725

7 Greenbriar Dr

7 Greenbriar Dr

7 Greenbriar Dr,
North Reading, MA 01864

1 Bed | $2,000

15 Sherman Rd

15 Sherman Rd

15 Sherman Rd,
Chestnut Hill, MA 02467

2 Beds | $3,650

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United States Massachusetts North Reading 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity