Sheridan Apartments
43 Sheridan Dr,
Shrewsbury, MA 01545
2 Beds | $2,199
Rental Market Trends in Shrewsbury, MA
Updated July 2026
The average rent in Shrewsbury, MA is $2,196/month.
Rent in Shrewsbury is 32% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$2,196/month
Average Rent
717 Sq Ft
Average Size
+2.2%
Change / Year
506
Available Apartments
Shrewsbury rent varies by unit size and layout:
- Studio apartments in Shrewsbury average $1,988 per month.
- One-bedroom apartments in Shrewsbury average $2,196 per month.
- Two-bedroom apartments in Shrewsbury average $2,580 per month.
- Three-bedroom apartments in Shrewsbury average $3,569 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
How much has average rent changed in Shrewsbury, MA?
In the past year, rent has increased by 2.2%, which averages out to $50 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Shrewsbury, 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
17%
$1,501 - $2,000/month
75%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Shrewsbury?
Based on current rent prices, Route 9 Corridor is the most affordable neighborhood in Shrewsbury.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Shrewsbury?
Based on current rent prices, Route 9 Corridor is the most expensive neighborhood in Shrewsbury.
Neighborhood
Average Rent
Average Sq Ft
Which Shrewsbury neighborhoods have the most rentals available?
The neighborhood in Shrewsbury with the most apartments available is Route 9 Corridor .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Shrewsbury, MA?
Because the average rent in Shrewsbury is $2,196, you’ll want to make about $7,320 per month or $87,840 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 Shrewsbury, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Shrewsbury, 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 Shrewsbury Area GuideStudio
$1,882/month
$1,882/month
One Bedroom
$2,233/month
$2,233/month
Two Bedroom
$2,767/month
$2,767/month
Three Bedroom
$3,486/month
$3,486/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Shrewsbury We Think You'll Love
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Frequently Asked Questions
What is the average rent in Shrewsbury?
The average rent in Shrewsbury is $2,196 per month, which is 32.1% higher than the national average of $1,663.
What is the average rent for a house in Shrewsbury?
The average rent for a house in Shrewsbury, MA is $3,515 per month.
What is the average rent for a condo in Shrewsbury?
The average rent for a condo in Shrewsbury, MA is $1,863 per month.
Are rents going up or down in Shrewsbury?
Rents in Shrewsbury, MA are increasing, with prices up 2.2% year-over-year and $50 more per month.
What rent range is most common in Shrewsbury?
In Shrewsbury, MA, 75% 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.