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Rental Market Trends in North Reading, MA

Updated September 2026

The average rent in North Reading, MA is $2,635/month.

Rent in North Reading is 58% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,635/month

Average Rent

818 Sq Ft

Average Size

+6.8%

Change / Year

32

Available Apartments

North Reading rent varies by unit size and layout:

  • Studio apartments in North Reading average per month.
  • One-bedroom apartments in North Reading average $2,635 per month.
  • Two-bedroom apartments in North Reading average $2,688 per month.
  • Three-bedroom apartments in North Reading average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,635/month
818 Sq Ft
Two Bedroom
$2,688/month
1,169 Sq Ft
View North Reading Apartments

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

In the past year, rent has increased by 6.8%, which averages out to $179 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in North Reading, MA

September 2026
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 $2,635, you’ll want to make about $8,783 per month or $105,396 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

32 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.

View the North Reading Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Reading

    Reading

    Avg Rent: $2,484/month

  • Lynnfield

    Lynnfield

    Avg Rent: $2,842/month

  • Wilmington

    Wilmington

    Avg Rent: $2,667/month

  • Wakefield

    Wakefield

    Avg Rent: $2,752/month

  • North Andover

    North Andover

    Avg Rent: $2,575/month

  • Andover

    Andover

    Avg Rent: $2,373/month

  • Peabody

    Peabody

    Avg Rent: $2,366/month

  • Danvers

    Danvers

    Avg Rent: $2,407/month

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 | $2,199 - $8,884

15 Main St

15 Main St

15 Main St,
North Reading, MA 01864

2 Beds | $2,800

27 Sherman Rd

27 Sherman Rd

27 Sherman Rd,
Chestnut Hill, MA 02467

2 Beds | $3,555 - $3,595

44 Main St

44 Main St

44 Main St,
North Reading, MA 01864

2 Beds | $2,400

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Frequently Asked Questions

What is the average rent in North Reading?

The average rent in North Reading is $2,635 per month, which is 58.3% higher than the national average of $1,665.

Are rents going up or down in North Reading?

Rents in North Reading, MA are increasing, with prices up 6.8% year-over-year and $179 more per month.

What rent range is most common in North Reading?

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

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 September 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity