Rental market snapshot for Cambridgeport, Cambridge
Cambridgeport rental market summary
The rental market in Cambridgeport, Massachusetts is showing signs of growth. In July 2023, there were 168 new listings, a significant increase from the previous month. The median rent also increased from $3,930 in June 2023 to $4,000 in July 2023, representing a 1.8% increase. This is a further indication of a strengthening rental market, as the median rent has increased by 3.9% since July 2022.
Overall, the rental market in Cambridgeport is looking positive. With more listings and increasing rents, it is a great time for renters to find a new home in the area. With the current market conditions, renters should be able to find a great deal on a rental property.
Median rent for all residential properties in Cambridgeport
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The most expensive listings and top trending buildings in Cambridgeport
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 230 Allston St | $6,500 | 6 / 2.0 |
| 572 Putnam Ave | $6,400 | 4 / 3.0 |
| 15 Pleasant Pl | $6,200 | 5 / 2.5 |
| 15A Pleasant Pl | $6,000 | 5 / 2.5 |
| 15 Pleasant Pl | $5,975 | 5 / 2.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Brookfield Properties Multifamily LLC | $3,717 |
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Bedroom Breakdown in Cambridgeport
Cambridgeport neighborhood apartments rents
The rental market for studios in Cambridgeport, Massachusetts is showing signs of growth. In July 2023, there were two new studio listings, indicating an increase in demand for studio apartments. The median rent for studios in July 2023 was $3,435, a 10.1% increase from the median rent in June 2023 of $3,120. This suggests that the rental market for studios in Cambridgeport is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 1-bedroom apartments in Cambridgeport, Massachusetts is showing signs of improvement in July 2023. There were 7 new 1-bedroom listings in July, which is a positive sign for the market. The median rent for 1-bedroom apartments decreased by 5.9% from June to July, indicating that the market is becoming more affordable. This could be a great time for renters to find a good deal on a 1-bedroom apartment in Cambridgeport.
The rental market for 2-bedroom apartments in Cambridgeport, Massachusetts is showing signs of growth. In July 2023, there were 13 new 2-bedroom listings, a 7.1% increase in median rent from June 2023 to July 2023, and a median rent of $4,390. This indicates that the rental market for 2-bedroom apartments in Cambridgeport is becoming increasingly competitive, with more people looking to rent and landlords raising their prices.