Station 316 Apartments
316 New Boston St,
Woburn, MA 01801
Studio - 3 Beds | $2,490 - $5,125
Rental Market Trends in Woburn, MA
What is the average rent in Woburn, MA?
$2,639/month
Average Rent
734 Sq Ft
Average Apartment Size
-0.5%
Decrease in the Last Year
As of June 2025, the average rent in Woburn, MA is $2,639 per month. This is 62% higher than the national average rent price of $1,628/month, making Woburn one of the most expensive cities in the US. When you rent an apartment in Woburn, you can expect to pay about $2,466 per month for a studio, $2,639 for a one-bedroom apartment, and around $3,090 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,376 or more.
Floor Plan Type
Average Rent
Average 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 Woburn, MA?
In the past year, rent has decreased by 0.5%, which averages out to $13 less 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
Rent Ranges in Woburn, MA
Last Updated June 2025
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
6%
$1,501 - $2,000/month
94%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Woburn?
Based on current rent prices, Cummingsville, Downtown Woburn and Shaker Hill are the most affordable neighborhoods in Woburn.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Woburn?
Based on current rent prices, North Woburn, Mishawum and Shaker Hill are the most expensive neighborhoods in Woburn.
Neighborhood
Average Rent
Average Sq Ft
Which Woburn neighborhoods have the most rentals available?
The neighborhoods in Woburn with the most apartments available are North Woburn, Downtown Woburn and Mishawum .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Woburn, MA?
Because the average rent in Woburn is $2,639, you’ll want to make about $8,796 per month or $105,552 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 Woburn, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Woburn, 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.
Studio
$1,764/month
$2,584/month
One Bedroom
$2,550/month
$2,706/month
Two Bedroom
$2,939/month
$3,118/month
Three Bedroom
$5,274/month
$3,952/month
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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.