Rental market snapshot for Riverside, Cambridge
Riverside rental market summary
The rental market in Riverside, Massachusetts is showing signs of growth. In July 2023, there were 176 new listings, a significant increase from the previous month. The median rent in July 2023 was $3,750, a 4.2% increase from the previous month and a 21.0% increase from the same time last year. This indicates that the rental market in Riverside is becoming increasingly competitive and that demand for rental properties is increasing.
Riverside is an attractive destination for renters due to its proximity to Boston and its many amenities. With the increasing demand for rental properties, landlords and property owners are likely to raise their prices in order to capitalize on the market. This could lead to a further increase in the median rent in the coming months. For renters, it is important to be aware of the current market conditions and to be prepared to pay higher rents in order to secure a desirable property.
Median rent for all residential properties in Riverside
Get the latest rental data first
The most expensive listings and top trending buildings in Riverside
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
40 Bow St | $8,000 | 3 / 3.0 |
40 Bow St | $7,800 | 3 / 3.0 |
253 River St | $6,500 | 3 / 2.0 |
322 Western Ave | $6,500 | 3 / 1.5 |
183 River St | $6,250 | 5 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
BostonResidentialGroup | $3,500 |
Get the latest rental data first
Bedroom Breakdown in Riverside
Riverside neighborhood apartments rents
The rental market for studios in Riverside, Massachusetts remains relatively stable in June 2023, with only one new studio listing and no change in median rent from May 2023 to June 2023. This indicates that the demand for studios in Riverside is relatively steady, and that the market is not experiencing any significant fluctuations in rent prices.
The rental market for 1-bedroom apartments in Riverside, Massachusetts is expected to remain steady in June 2023, with only one new listing. The median rent for 1-bedroom apartments in April 2023 was $3,125, and this is expected to increase by 12.0% to $3,500 in June 2023. This suggests that the rental market in Riverside is stable and that demand for 1-bedroom apartments is high.
The rental market for 2-bedroom apartments in Riverside, Massachusetts is showing signs of growth. In July 2023, there were 8 new 2-bedroom listings, representing a 12.5% increase in rent from the previous month. The median rent for 2-bedroom apartments in July 2023 was $4,500, up from $4,000 in June 2023. This indicates that the rental market for 2-bedroom apartments in Riverside is on the rise, and renters should expect to pay more for their apartments in the coming months.