Rental market snapshot for Methuen Town, Massachusetts

Methuen Town, Massachusetts Rental Property Market Overview

Methuen Town, Massachusetts is a city located in Essex County with a population of 52,798 as of 2021, according to the US Census. It is a suburban community with a variety of amenities, including a variety of parks, shopping centers, and restaurants. The city is home to a number of educational institutions, including the University of Massachusetts Lowell, Northern Essex Community College, and Merrimack College. Methuen Town is also home to the Merrimack Valley YMCA, which offers a variety of recreational activities for residents of all ages.

The average rent for an apartment in Methuen Town is $2,635. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Methuen Town Massachusetts | Cost of Living

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Methuen Town ZIP codes with the highest, most expensive rent

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Live near Methuen Town, Massachusetts's Top Sights and Attractions

Lawrence Heritage State Park is a scenic outdoor destination located along the Merrimack River. Visitors can explore the historic buildings, monuments, and gardens that make up the park. The park also features a variety of recreational activities, such as walking trails, fishing, and boating. The park also has a museum and a visitor center with interactive exhibits and educational programs. Visitors can also enjoy a picnic area, playground, and a carousel.

Neil Playstead is a large outdoor recreational area located in Methuen Town, Massachusetts. It features a large playground, a basketball court, a baseball field, a picnic area, and a walking path. The park is also home to a variety of wildlife, including birds, squirrels, and other small animals. The park is a great place to spend time outdoors with family and friends, and it is also a popular spot for local events and gatherings.

VeteranS Memorial Park is a beautiful outdoor space located in a small town in Massachusetts. It features a large open grassy area, a pond, and a walking path that winds through the park. The park also features a memorial wall dedicated to the veterans of the town, as well as a memorial garden with a variety of plants and flowers. There are also several benches and picnic tables throughout the park, making it a great spot for a peaceful stroll or a picnic lunch.

Shorty Degaspe Park is a picturesque outdoor space located in a suburban area. It features a large pond, a playground, and a walking path that winds through the park. The pond is home to a variety of wildlife, including ducks, geese, and turtles. The playground is equipped with swings, slides, and a jungle gym. The walking path is lined with benches and trees, providing a peaceful and tranquil atmosphere. Visitors can also enjoy a picnic area and a basketball court.

Riverside Park is a scenic outdoor area located on the banks of the Merrimack River. It features a variety of recreational activities, including walking trails, picnic areas, playgrounds, and a boat launch. The park also has a large open field, perfect for playing sports or having a picnic. Visitors can also enjoy fishing, kayaking, and canoeing in the river. In the summer, the park hosts a variety of events, such as concerts, festivals, and outdoor movies.

Francis Morse Park is a large outdoor recreational area located in the northeastern United States. It features a variety of activities, including a large playground, picnic areas, walking trails, and a pond. Visitors can also enjoy fishing, canoeing, and kayaking in the pond. The park also has a disc golf course, basketball courts, and a skate park. The park is surrounded by lush green trees and offers stunning views of the surrounding area.

Methuen Rail Trail is a scenic 4.5-mile long trail located in Methuen Town, Massachusetts. The trail follows the former Boston and Maine Railroad line and is open to the public for walking, biking, running, and horseback riding. The trail is lined with trees and passes through wetlands, meadows, and woodlands, offering visitors a peaceful and tranquil experience. The trail also connects to the nearby Spicket River Greenway, providing an additional 3.5 miles of trails for visitors to explore.

Town Forest is a sprawling outdoor area located in the northeastern part of Massachusetts. It features a variety of trails for hiking, biking, and horseback riding, as well as a pond for fishing and canoeing. The forest is home to a variety of wildlife, including deer, foxes, and a variety of birds. The forest also features picnic areas, playgrounds, and a disc golf course. Town Forest is a great place to explore nature and get away from the hustle and bustle of city life.

Bicentennial Park is a large outdoor recreational area located in Methuen Town, Massachusetts. It features a variety of activities, including walking trails, a playground, a pond, and a picnic area. The park also has a large open field, perfect for playing sports or having a picnic. There are also several benches and tables scattered throughout the park, making it a great spot to relax and enjoy the scenery. The park is well-maintained and provides a great place for families to spend time together.

Bird Sanctuary is a tranquil oasis located in a small town in Massachusetts. It is a popular spot for birdwatchers, as it is home to a variety of species of birds, including owls, hawks, and woodpeckers. The sanctuary features a variety of trails, ponds, and wetlands, as well as a boardwalk and observation tower. Visitors can also enjoy educational programs, bird-banding demonstrations, and guided tours.

Methuen Town, Massachusetts area median rent change by ZIP code map

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How does Methuen Town compare to other cities in Massachusetts?

citymedian price
Newton$3,598
Winthrop Town$2,900
Gloucester$2,750
Melrose$2,630
Marlborough$2,620
Stoneham$2,604
Westford$2,511
Sharon$2,476
Sunderland$2,450

Average household income in Methuen Town area graph - US Census

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The median household income in Methuen Town in 2021 was $87,137. This represents a 32.3% change from 2011 when the median was $65,855.

#categorypercent
0Less than $10,0004.1%
1$10,000 to $14,9993.9%
2$15,000 to $19,9993.2%
3$20,000 to $24,9993.7%
4$25,000 to $29,9992.9%
5$30,000 to $34,9993.1%
6$35,000 to $39,9993.7%
7$40,000 to $44,9993.0%
8$45,000 to $49,9992.7%
9$50,000 to $59,9996.7%
10$60,000 to $74,9998.1%
11$75,000 to $99,99914.0%
12$100,000 to $124,99911.0%
13$125,000 to $149,9999.4%
14$150,000 to $199,99911.0%
15$200,000 or more9.7%

Neighborhoods in Methuen Town

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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.

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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 February , the average rent in Methuen Town is $2,635.
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