Rental market snapshot for West Cambridge, Cambridge
West Cambridge rental market summary
The rental market in West Cambridge, Massachusetts is showing signs of growth. In July 2023, there were 133 new listings, a 13.3% increase from the previous month. This suggests that more people are looking to rent in the area, which is likely due to the area's attractive amenities and close proximity to Boston. The median rent in July 2023 was $3,400, the same as it was in July 2022. This indicates that the rental market in West Cambridge is stable, with no significant changes in rent prices over the past year.
Overall, the rental market in West Cambridge is healthy and growing. With an increasing number of listings and stable rent prices, the area is an attractive option for renters looking for a place to call home. With its close proximity to Boston and its many amenities, West Cambridge is an ideal place to live.
Median rent for all residential properties in West Cambridge
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The most expensive listings and top trending buildings in West Cambridge
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
257 Mount Auburn St | $17,000 | 3 / 4.5 |
41 Granville Rd | $9,100 | 4 / 2.5 |
7 Story St | $8,000 | 5 / 2.0 |
7 Story St | $8,000 | 5 / 3.0 |
34 Coolidge Hill Rd | $7,950 | 4 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Chestnut Hill Realty | $3,140 |
Gateway Real Estate Group Inc. | $2,200 |
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Bedroom Breakdown in West Cambridge
West Cambridge neighborhood apartments rents
The rental market for studios in West Cambridge, Massachusetts is showing signs of growth. In June 2023, there were 5 new studio listings, representing an 8.7% decrease in median rent from May 2023. The median rent for studios in June 2023 was $2,100, indicating that the market is becoming more affordable for renters. This is a positive sign for the rental market in West Cambridge, and suggests that the area is becoming increasingly attractive to renters.
The rental market for 1-bedroom apartments in West Cambridge, Massachusetts is showing signs of growth. In June 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in June 2023 was $2,670, a 2.7% increase from the median rent in May 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in West Cambridge, Massachusetts is showing signs of growth. In July 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 41.5% from June 2023 to July 2023, from $2,600 to $3,680. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.