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Rental Market Trends in Palmer, MA

What is the average rent in Palmer, MA?

$1,500/month

Average Rent

625 Sq Ft

Average Apartment Size

+0.3%

Increase in the Last Year

As of June 2025, the average rent in Palmer, MA is $1,500 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Palmer rent prices are 8% lower than the national average. When you rent an apartment in Palmer, you can expect to pay about $623 per month for a studio, $1,500 for a one-bedroom apartment, and around 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
Studio
$623/month
250 Sq Ft
One Bedroom
$1,500/month
625 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 Palmer, MA?

In the past year, rent has increased by 0.3%, which averages out to $5 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 Palmer, MA
Last Updated June 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Palmer, MA
Percentage*
Rent Range
50% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Palmer is $1,500, you’ll want to make about $5,000 per month or $60,000 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

Palmer, MA

4 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Palmer, 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.

Apartment Averages

Nearby City Rent Trends

  • Ludlow Average Rent

Apartment communities in Palmer we think you'll love

2 Green St

2 Green St

2 Green St,
Palmer, MA 01069

1 Bed | $1,500 - $1,550

Palmer Gardens

Palmer Gardens

1 Lariviere Ave,
Three Rivers, MA 01080

2 Beds | $1,750

24 North St

24 North St

24 North St,
Warren, MA 01083

2 Beds | $1,495

24 North St

24 North St

24 North St,
Warren, MA 01083

2 Beds | $1,495

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United States Massachusetts Palmer 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