Massachusetts renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Massachusetts is about $1,591 per month. This puts it in the 87th percentile compared to the nation average cost of rent, which is $1,385. Households in Massachusetts have a median income of $7,631 per month so the average renter in Massachusetts is spending roughly 21% of their earnings on housing.
Nationally, and in Massachusetts, home values are the data point most closely correlated with the cost of rent. The median price of a home in Massachusetts is $567,735 right now, which is higher than states nearby, meaning that rents in Massachusetts also tend to be higher versus these nearby states.
Higher rent prices are common in the central parts of Massachusetts while lower rent rates are often available in northwestern areas.
Nearby States
- Rhode Island: less expensive rent prices
- New Hampshire: less expensive rent prices
- Connecticut: less expensive rent prices
- Vermont: less expensive rent prices
- New York: less expensive rent prices
- Maine: less expensive rent prices
- New Jersey: more expensive rent prices
- Delaware: less expensive rent prices
- Pennsylvania: less expensive rent prices
- Maryland: more expensive rent prices
States with Similar Populations
- Arizona: less expensive rent prices
- Indiana: less expensive rent prices
- Tennessee: less expensive rent prices
- Washington: less expensive rent prices
- Missouri: less expensive rent prices
- Maryland: more expensive rent prices
- Wisconsin: less expensive rent prices
- Minnesota: less expensive rent prices
- Colorado: more expensive rent prices
- Virginia: more expensive rent prices
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