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Rental Market Trends in Wellesley, MA

What is the average rent in Wellesley, MA?

$3,585/month

Average Rent

826 Sq Ft

Average Apartment Size

+2.6%

Increase in the Last Year

As of June 2025, the average rent in Wellesley, MA is $3,585 per month. This is 120% higher than the national average rent price of $1,627/month, making Wellesley one of the most expensive cities in the US. When you rent an apartment in Wellesley, you can expect to pay about $2,884 per month for a studio, $3,585 for a one-bedroom apartment, and around $4,396 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $7,730 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,884/month
569 Sq Ft
One Bedroom
$3,585/month
826 Sq Ft
Two Bedroom
$4,396/month
1,255 Sq Ft
Three Bedroom
$7,730/month
1,528 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$5,520/month
1,687 Sq Ft
Four Bedroom
$8,575/month
3,653 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$7,019/month
4,739 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$6,690/month
4,475 Sq Ft

How much has average rent changed in Wellesley, MA?

In the past year, rent has increased by 2.6%, which averages out to $93 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 Wellesley, MA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Wellesley, MA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
20% $1,501 - $2,000/month
80% Above $2,000/month

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

Because the average rent in Wellesley is $3,585, you’ll want to make about $11,950 per month or $143,400 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

Wellesley, MA

278 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Wellesley, 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 Wellesley, MA

Apartment Averages

Nearby City Rent Trends

  • Needham Average Rent
  • Auburndale Average Rent
  • Newton Highlands Average Rent
  • Newton Average Rent

Apartment communities in Wellesley we think you'll love

Hastings Village

Hastings Village

66 Hastings St,
Wellesley, MA 02481

2 Beds | $3,940 - $4,408

The Nines

The Nines

40 William St,
Wellesley, MA 02481

Studio - 3 Beds | $3,236 - $13,408

Highland Park

Highland Park

680 Worcester St,
Wellesley, MA 02482

1-3 Beds | $3,200 - $5,500

The Aven at Newton Highlands

The Aven at Newton Highlands

99 Needham St,
Newton, MA 02461

1-3 Beds | $3,328 - $6,081

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United States Massachusetts Wellesley 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