The Penstone Apartments & Townhomes
55 Summer St,
South Walpole, MA 02071
Studio - 3 Beds | $2,579 - $6,355
Rental Market Trends in South Walpole, MA
Updated August 2026
The average rent in South Walpole, MA is $2,944/month.
Rent in South Walpole is 77% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$2,944/month
Average Rent
842 Sq Ft
Average Size
-3.9%
Change / Year
102
Available Apartments
South Walpole rent varies by unit size and layout:
- Studio apartments in South Walpole average $2,425 per month.
- One-bedroom apartments in South Walpole average $2,944 per month.
- Two-bedroom apartments in South Walpole average $4,186 per month.
- Three-bedroom apartments in South Walpole average $4,970 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in South Walpole, MA?
In the past year, rent has decreased by 3.9%, which averages out to $115 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in South Walpole, MA
August 2026
Above $2,000
Most rental prices fall within this range
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 South Walpole, MA?
Because the average rent in South Walpole is $2,944, you’ll want to make about $9,813 per month or $117,756 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 South Walpole, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare South Walpole, 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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Walpole
Avg Rent: $2,382/month
-
Foxborough
Avg Rent: $2,330/month
-
Sharon
Avg Rent: $2,669/month
-
East Walpole
Avg Rent: $2,699/month
-
Medfield
Avg Rent: $2,105/month
-
Millis-Clicquot
Avg Rent: $2,053/month
-
Wrentham
Avg Rent: $2,355/month
Apartment Communities in South Walpole We Think You'll Love
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Frequently Asked Questions
What is the average rent in South Walpole?
The average rent in South Walpole is $2,944 per month, which is 77.0% higher than the national average of $1,663.
Are rents going up or down in South Walpole?
Rents in South Walpole, MA are decreasing, with prices down 3.9% year-over-year and $115 less per month.
What rent range is most common in South Walpole?
In South Walpole, MA, 100% 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.