2 Apartments under 1100 for rent in Framingham, MA

Last updated June 14 at 12:27am UTC
Results within 5 miles of Framingham, MA
Results within 10 miles of Framingham, MA
5 West Main St
Westborough
Westborough, MA
Updated June 14 at 12:27am UTC
1 Bedroom
$900

June 2018 Framingham Rent Report

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

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Rent Report
Framingham

June 2018 Framingham Rent Report

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

Framingham rents decline sharply over the past month

Framingham rents have declined 0.8% over the past month, but have remained steady at 0.4% in comparison to the same time last year. Currently, median rents in Framingham stand at $1,500 for a one-bedroom apartment and $1,850 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in March. Framingham's year-over-year rent growth lags the state average of 1.7%, as well as the national average of 1.5%.

Rents rising across the Boston Metro

While rents have remained steady in the city of Framingham throughout the past year, cities across the metro have seen a different trend. Rents have risen in 8 of of the largest 10 cities in the Boston metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Lowell has seen rents fall by 0.4% over the past year, the biggest drop in the metro. It also has the least expensive rents in the Boston metro, with a two-bedroom median of $1,520.
  • Haverhill has seen the fastest rent growth in the metro, with a year-over-year increase of 7.8%. The median two-bedroom there costs $1,540, while one-bedrooms go for $1,240.

Many large cities nationwide show more affordable rents compared to Framingham

Rent growth in Framingham has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, Framingham is less affordable for renters.

  • Framingham's median two-bedroom rent of $1,850 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in Framingham.
  • While rents in Framingham remained moderately stable this year, similar cities saw increases, including Atlanta (+2.0%), Los Angeles (+1.9%), San Francisco (+1.5%); note that median 2BR rents in these cities go for $1,170, $1,750, and $3,070 respectively.
  • Renters will generally find more expensive prices in Framingham than most large cities. For example, Philadelphia has a median 2BR rent of $1,170, where Framingham 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 $1,680 $2,080 0.4% 0.3%
Lowell $1,230 $1,520 0.1% -0.4%
Cambridge $1,810 $2,240 0.9% 3.1%
Brockton $1,320 $1,640 0.3% 0.4%
Quincy $1,490 $1,850 0.7% 0.0%
Newton $1,840 $2,280 -1.8% 2.2%
Lawrence $1,360 $1,680 0.1% 3.4%
Somerville $1,680 $2,090 0.8% -0.2%
Framingham $1,500 $1,850 -0.8% 0.4%
Haverhill $1,240 $1,540 0.7% 7.8%
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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.