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

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Bedroom Breakdown in West Cambridge

Studio
$2,100
MEDIAN RENT
1 Bedroom
$2,670
MEDIAN RENT
2 Bedroom
$3,680
MEDIAN RENT

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.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in West Cambridge is $3,400.
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