Rental market snapshot for Wellington-Harrington, Cambridge
Wellington-Harrington rental market summary
The rental market in Wellington-Harrington, Massachusetts is showing signs of growth. In July 2023, there were 143 new listings, a significant increase from the previous month. The median rent for the area also increased from $3,250 in June 2023 to $3,700 in July 2023, representing a 13.8% increase. This is a strong indication that the rental market in Wellington-Harrington is growing.
When compared to the same period in 2022, the median rent in Wellington-Harrington has only increased by 2.8%. This suggests that the rental market in the area is stable and is not experiencing any drastic changes. Overall, the rental market in Wellington-Harrington is showing signs of growth and stability, making it an attractive option for potential renters.
Median rent for all residential properties in Wellington-Harrington
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The most expensive listings and top trending buildings in Wellington-Harrington
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
24 Union St | $6,000 | 3 / 3.5 |
126 Webster Ave | $5,800 | 3 / 2.5 |
122 Berkshire St | $5,200 | 4 / 1.0 |
122 Berkshire St | $4,900 | 4 / 2.0 |
65 Plymouth St | $4,900 | 4 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $2,963 |
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Bedroom Breakdown in Wellington-Harrington
Wellington-Harrington neighborhood apartments rents
The rental market for studios in Wellington-Harrington, Massachusetts is relatively stable. In June 2022, there will be two new studio listings, and the median rent for studios is expected to increase by only .3%, from $1,895 in May 2022 to $1,900 in June 2022. This indicates that the rental market for studios in Wellington-Harrington is not experiencing any significant changes in the near future.
The rental market for 1-bedroom apartments in Wellington-Harrington, Massachusetts is showing signs of growth. In May 2023, there were 4 new 1-bedroom listings, representing a 16.1% increase in rent from April 2023. The median rent for 1-bedroom apartments in May 2023 was $3,250, indicating that the rental market is becoming more competitive. With the influx of new listings and increasing rent prices, it is likely that the rental market for 1-bedroom apartments in Wellington-Harrington will continue to grow in the coming months.
The rental market for 2-bedroom apartments in Wellington-Harrington, Massachusetts is showing signs of growth. In July 2023, there were 4 new 2-bedroom listings, which is a 6.1% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $2,675, which is 6.1% lower than the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.