78 Cheap Apartments for rent in Cambridge, MA

Last updated September 25 at 8:42PM
60 Walden St Apt 1A
Porter Square
Cambridge, MA
Updated September 1 at 9:29AM
Studio
$1,750
131 Rindge
North Cambridge
Cambridge, MA
Updated September 22 at 2:35AM
1 Bedroom
$1,500
Results within 1 miles of Cambridge, MA
1199 Commonwealth Avenue
Allston
Boston, MA
Updated September 23 at 5:23PM
1 Bedroom
$1,720
1470 Beacon St Apt 36
Washington Square
Brookline, MA
Updated September 22 at 10:44AM
Studio
$1,799
7 Parkdale Street
Ward Two
Somerville, MA
Updated September 21 at 7:23PM
1 Bedroom
$900
51 Park Dr
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated September 5 at 10:27AM
Studio
$1,700
76 Verndale
Coolidge Corner
Brookline, MA
Updated September 21 at 7:23PM
1 Bedroom
$875
38 Day St
Davis Square
Somerville, MA
Updated September 25 at 6:22PM
Studio
$1,810
137 Park Dr # 50
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated September 22 at 10:39AM
Studio
$1,750
20 Sewall Ave
Coolidge Corner
Brookline, MA
Updated September 23 at 5:23PM
Studio
$1,775
89 Chester St # A
Allston
Boston, MA
Updated September 20 at 9:54AM
1 Bedroom
$1,700
1213 Boylston St
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated September 23 at 5:23PM
Studio
$1,700
14 Keswick St Apt 2
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated September 1 at 9:29AM
Studio
$1,325
907 Beacon St # 17
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated September 16 at 10:24AM
Studio
$1,550
11 Keswick St Apt 2C
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated September 1 at 9:35AM
Studio
$1,400
15 Aberdeen St # 401
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated September 1 at 9:22AM
Studio
$1,600
901 Beacon St Apt 2C
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated August 28 at 1:09PM
Studio
$1,450
24 Westland Ave # 40
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated September 1 at 9:30AM
Studio
$1,715
276 N Harvard St
Allston
Boston, MA
Updated September 25 at 9:47AM
1 Bedroom
$1,500
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Rent Report
Cambridge

September 2017 Cambridge Rent Report

Welcome to the September 2017 Cambridge Rent Report. In this report, we'll evaluate trends in the Cambridge rental market, including comparisons to cities throughout the metro and nation.

Cambridge rents increase sharply over the past month

Cambridge rents have increased 1.0% over the past month, and are up moderately by 3.3% in comparison to the same time last year. Currently, median rents in Cambridge stand at $1,820 for a one-bedroom apartment and $2,260 for a two-bedroom. This is the sixth straight month that the city has seen rent increases after a decline in February. Cambridge's year-over-year rent growth lags the state average of 3.8%, but exceeds the national average of 3.0%.

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, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Somerville has seen the fastest rent growth in the metro, with a year-over-year increase of 8.0%. The median two-bedroom there costs $2,110, while one-bedrooms go for $1,700.
  • Over the past year, Marlborough is the only city in the metro that has seen rents fall, with a decline of 2.9%. Median two-bedrooms there cost $1,510, while one-bedrooms go for $1,200.
  • Brookline has the most expensive rents of the largest cities in the Boston metro, with a two-bedroom median of $2,630; rents decreased 0.3% over the past month but were up 4.0% over the past year.
  • Haverhill has the least expensive rents in the Boston metro, with a two-bedroom median of $1,460; rents grew 0.8% over the past month and 2.3% over the past year.

Many large cities nationwide show more affordable rents compared to Cambridge

As rents have increased 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.

  • Massachusetts as a whole has logged 3.8% year-over-year growth, while rents across other cities throughout the state have seen varying trends.
  • Cambridge's median two-bedroom rent of $2,260 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 3.3% increase in Cambridge.
  • While Cambridge's rents rose over the past year, some cities nationwide saw decreases, including DC (-0.5%) and Miami (-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 nearly twice 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% 2.3%
Lowell $1,240 $1,530 -1.0% 4.0%
Cambridge $1,820 $2,260 1.0% 3.3%
Quincy $1,500 $1,860 0.5% 1.9%
Somerville $1,700 $2,110 0.5% 8.0%
Framingham $1,490 $1,850 -0.1% 0.8%
Haverhill $1,180 $1,460 0.8% 2.3%
Waltham $1,710 $2,110 -0.7% 3.1%
Brookline $2,120 $2,630 -0.3% 4.0%
Marlborough $1,200 $1,510 -0.9% -2.9%

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.