Rental market snapshot for Cambridge, Massachusetts
Cambridge, Massachusetts Rental Property Market Overview
The average rent for an apartment in Cambridge is $3,208. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 2.4% over the past year.
Cambridge is a city located in Massachusetts, just north of Boston. It is home to two of the world's most prestigious universities, Harvard University and the Massachusetts Institute of Technology (MIT). The city has a rich history dating back to the early days of the United States, and it was an important center of the American Revolution. Today, Cambridge is a vibrant and diverse city, with a thriving arts and culture scene. The city is also home to a number of technology companies and startups, making it a hub for innovation.
Last Updated December 23, 2022
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Sign upAverage monthly rent graph in Cambridge Massachusetts | Cost of Living
- The most expensive ZIP Code in Cambridge is 02142 with an average price of $3,950
- The cheapest ZIP Code in Cambridge is 02138 with an average price of $2,650
Cambridge ZIP Codes with the highest, most expensive rent
# | zip code | average rent |
---|---|---|
1 | 02142 | $3,950 |
2 | 02141 | $3,790 |
3 | 02139 | $3,621 |
4 | 02138 | $3,250 |
5 | 02140 | $3,150 |
Live near Cambridge, Massachusetts's Top Sights and Attractions
Columbia Park is a small park located in the heart of Cambridge, Massachusetts. The park is home to a variety of trees, flowers, and shrubs, as well as a small pond. Visitors to the park can enjoy a variety of activities, including picnicking, fishing, and bird watching.
The Museum Of Science is a museum in Cambridge, Massachusetts. The museum has a variety of exhibits on science and technology. The museum also has a planetarium and a theater.
Mystery Hunt is an annual event held at MIT in which teams of students compete to solve a series of puzzles.
Alewife Brook Reservation is a nature preserve that features hiking trails, a pond, and a variety of plant and animal life.
The MIT Stata Center is a unique building designed by world-renowned architect Frank Gehry. The building is home to the Computer Science and Artificial Intelligence Laboratory (CSAIL), the largest on-campus research laboratory at MIT. The Stata Center is also home to a number of other research labs and centers, including the Laboratory for Nuclear Science, the Center for Biological and Computational Learning, and the Center for Theoretical Physics. The building features a number of unique design elements, including a "wavy" facade, a "collapsed" floor plan, and a number of public art installations.
The Alewife Brook Greenway is a linear park that follows Alewife Brook from Fresh Pond in Cambridge to the Mystic River in Arlington. The park is used for recreation, including walking, running, and biking.
Danehy Park is a 70-acre park located in Cambridge, Massachusetts. The park features open fields, playgrounds, basketball and tennis courts, a track, a dog park, and a picnic area.
The Western Avenue Bridge is a steel girder bridge that spans the Charles River in Cambridge, Massachusetts. It carries Western Avenue across the river to Boston. The bridge was built in the early 1950s and is one of the few remaining steel girder bridges in the city.
Cambridge, Massachusetts area median rent change by ZIP Code map
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Sign upHow does Cambridge compare to other cities in Massachusetts ?
city | median price |
---|---|
Newton | $3,742 |
Newton | $3,400 |
Weymouth | $2,390 |
Lowell | $2,265 |
West Roxbury | $2,550 |
Norton | $2,789 |
Andover | $2,399 |
Chelsea | $2,690 |
Lowell | $1,835 |
Average household income in Cambridge area graph - US Census
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Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
Sign upThe median household income in Cambridge in 2021 was $107,490. This represents a 55.7% change from 2011 when the median was $69,017.
# | category | percent |
---|---|---|
0 | Less than $10,000 | 6.2% |
1 | $10,000 to $14,999 | 3.5% |
2 | $15,000 to $19,999 | 2.1% |
3 | $20,000 to $24,999 | 2.1% |
4 | $25,000 to $29,999 | 2.0% |
5 | $30,000 to $34,999 | 2.4% |
6 | $35,000 to $39,999 | 2.4% |
7 | $40,000 to $44,999 | 2.6% |
8 | $45,000 to $49,999 | 2.2% |
9 | $50,000 to $59,999 | 4.3% |
10 | $60,000 to $74,999 | 6.4% |
11 | $75,000 to $99,999 | 10.8% |
12 | $100,000 to $124,999 | 9.8% |
13 | $125,000 to $149,999 | 8.3% |
14 | $150,000 to $199,999 | 12.1% |
15 | $200,000 or more | 22.7% |