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340 Apartments for rent in Cambridge, MA

Read Guide >
Last updated December 10 at 5:28pm UTC
Hanover Cambridge Park
80 Cambridgepark Drive
Cambridge, MA
Updated December 10 at 12:13pm UTC
Studio
$2,175
1 Bedroom
$2,510
2 Bedrooms
$2,916
City Guide
Cambridge
The Cambridge Life

Situated just three miles outside of Boston on the banks of the Charles River. Here are a few of the finer (and coarser) facts of life you’ll soon experience as a proud Cantabrigian (yes, that’s seriously what Cambridge folks call themselves).

  • Walkability. Cambridge is consistently ranked among the country’s most walker/biker-friendly communities. Because the city’s attractions, businesses, and residences are so densely located, it’s easy as pie to survive in Cambridge without a vehicle. Other feasible options for bumming around town include the MBTA bus system and the subway, which hauls Cantabrigians around the greater Boston area for about two bucks a pop.

  • Old school charm. Cambridge is one of America’s oldest and most historic cities, so it should come as no surprise that the city is dotted with historic homes loaded with character. These architectural gems are well-maintained, and vintage exteriors and fashionably modern interiors are pretty much standard fare for most Cambridge homesteads.

  • Culture. One cool thing about Cambridge is that the city offers a cornucopia of cultural attractions. Bookstores, museums, and galleries of all sorts line the streets.

A Bunch of Squares

No, we aren’t insulting you. We’re talking about the lay of the land in Cambridge, which is divided into several squares, which are basically neighborhood centers where various businesses, nighttime hotspots, and eateries are located. The good news is that whether you find your digs in the Harvard, Central, Inman, or Kendall Squares (or any of the others), you’ll be close to an assortment of businesses, housing units, and public transportation options.

Tips for Tenants

If you are able to find a killer move-in special, though, you might want to pounce on it quick, because it won’t be available for long. A few other things to keep in mind before signing the dotted line:

  • Scope it out. It’s possible to find some relatively cheap crash pads (for Boston’s standards, anyway) in Cambridge, and it’s not completely unheard-of to find a studio or 1BR unit for $1200 or so.

As always, best of luck, and happy hunting!

December 2018 Cambridge Rent Report

Welcome to the December 2018 Cambridge Rent Report. Cambridge rents declined over the past month. In this report, we'll evaluate trends in the Cambridge rental market, including comparisons to cities throughout the metro, state, and nation.

View full Cambridge Rent Report

Rent Report
Cambridge

December 2018 Cambridge Rent Report

Welcome to the December 2018 Cambridge Rent Report. Cambridge rents declined over the past month. In this report, we'll evaluate trends in the Cambridge rental market, including comparisons to cities throughout the metro, state, and nation.

Cambridge rents declined significantly over the past month

Cambridge rents have declined 0.5% over the past month, but have increased moderately by 3.0% in comparison to the same time last year. Currently, median rents in Cambridge stand at $1,810 for a one-bedroom apartment and $2,240 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in August. Cambridge's year-over-year rent growth is on par with the state average of 3.0%, but exceeds the national average of 1.3%.

Rents rising across the Boston Metro

Throughout the past year, rent increases have been occurring not just in the city of Cambridge, but across the entire metro. Of the largest 10 cities that we have data for in the Boston metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Newton has the most expensive rents in the Boston metro, with a two-bedroom median of $2,460; the city has also seen rent growth of 10.3% over the past year, the fastest in the metro.
  • Over the past month, Brockton has seen the biggest rent drop in the metro, with a decline of 1.0%. Median two-bedrooms there cost $1,640, while one-bedrooms go for $1,320.
  • Lowell has the least expensive rents in the Boston metro, with a two-bedroom median of $1,530; rents decreased 0.3% over the past month but were up 1.9% over the past year.

Many large cities nationwide show more affordable rents compared to Cambridge

As rents have increased moderately in Cambridge, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Cambridge is less affordable for renters.

  • Cambridge's median two-bedroom rent of $2,240 is above the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 3.0% increase in Cambridge.
  • While Cambridge's rents rose moderately over the past year, some cities nationwide saw decreases, including Baltimore (-1.2%) and Seattle (-0.4%).
  • Renters will generally find more expensive prices in Cambridge than most large cities. For example, Philadelphia has a median 2BR rent of $1,170, where Cambridge is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Boston $1,690 $2,090 -0.2% 1.8%
Lowell $1,230 $1,530 -0.3% 1.9%
Cambridge $1,810 $2,240 -0.5% 3.0%
Brockton $1,320 $1,640 -1.0% 1.7%
Quincy $1,500 $1,860 -0.3% 1.4%
Newton $1,980 $2,460 2.6% 10.3%
Lawrence $1,360 $1,690 -0.1% 1.7%
Somerville $1,690 $2,100 -0.1% 4.8%
Framingham $1,510 $1,880 -0.1% 2.1%
Haverhill $1,240 $1,530 0.4% 4.4%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

Renter Confidence Survey

Apartment List has released Cambridge’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.

"Cambridge renters expressed general satisfaction with the city overall," according to Apartment List. "With expensive rents in coastal cities, it comes as no surprise that cost of living is a source of...

View full Cambridge Renter Confidence Survey
Cambridge Renter Confidence Survey
National study of renter’s satisfaction with their cities and states
Here's how Cambridge ranks on:
A+ Overall satisfaction
A+ Safety and crime rate
A+ Jobs and career opportunities
A+ Recreational activities
F Affordability
A+ Quality of schools
A+ Social Life
D Weather
A+ Commute time
C+ State and local taxes
A+ Public transit
A Pet-friendliness
Best Worst
Full data available when viewing on a non-mobile device.
Overview of Findings

Apartment List has released Cambridge’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.

"Cambridge renters expressed general satisfaction with the city overall," according to Apartment List. "With expensive rents in coastal cities, it comes as no surprise that cost of living is a source of dissatisfaction in Cambridge."

Key findings in Cambridge include the following:

  • Cambridge renters gave their city an A+ overall.
  • The highest-rated categories for Cambridge were jobs and career opportunities, safety and low crime rate, quality of local schools and commute time, which all received A+ grades.
  • The areas of concern to Cambridge renters are weather (D) and affordability (F).
  • Cambridge did relatively well compared to other cities in Massachusetts, including Worcester and Springfield, which both received F grades.
  • Cambridge did relatively well compared to other cities, including San Diego, CA (A-), Austin, TX (A-) and Charlotte, NC (A-).
  • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

Renters say:

  • "Lots of cool places to eat and explore." – Ellie Z.
  • "A very accepting city for students or foreigners. A lot of good shops and restaurants are popping up." – Edith F.
  • "We love it here! It is close to work and very dog-friendly for our fur babies. But it is too expensive and there is no way I could follow the 1/3 of income rule for rent. Even a studio apartment takes most of my income." – Alison T.
  • "Cambridge is a great place to raise a family, but prices are a bit higher than average." – Aleksandra C.

For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.