96 Apartments under 1500 for rent in Framingham, MA

Last updated November 23 at 3:58pm UTC
4 McLaughlin
Framingham
Framingham, MA
Updated November 18 at 9:51am UTC
1 Bedroom
$1,200
Results within 1 miles of Framingham, MA
18 Concord St
, MA
Updated November 1 at 9:59am UTC
1 Bedroom
$1,200
56 Concord St
, MA
Updated November 13 at 1:50am UTC
2 Bedrooms
$1,450
Results within 5 miles of Framingham, MA
18 Wilson St
, MA
Updated November 17 at 2:12am UTC
1 Bedroom
$1,200
188 Mechanic
French Hill
Marlborough, MA
Updated October 19 at 2:06am UTC
1 Bedroom
$1,100
Results within 10 miles of Framingham, MA
42 Washington
Hudson
Hudson, MA
Updated November 18 at 1:38am UTC
Studio
$700
Cherry St
, MA
Updated November 23 at 9:01am UTC
2 Bedrooms
$1,400
Sudbury Ct
Downtown Maynard
Maynard, MA
Updated November 3 at 7:35am UTC
3 Bedrooms
$1,095
Sudbury Ct
Downtown Maynard
Maynard, MA
Updated October 26 at 7:53am UTC
3 Bedrooms
$1,250
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November 2017 Framingham Rent Report

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

View full Framingham Rent Report
Rent Report
Framingham

November 2017 Framingham Rent Report

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

Framingham rents declined moderately over the past month

Framingham rents have declined 0.3% over the past month, but are up moderately by 2.4% in comparison to the same time last year. Currently, median rents in Framingham stand at $1,500 for a one-bedroom apartment and $1,870 for a two-bedroom. Framingham's year-over-year rent growth leads the state average of 1.7%, but trails the national average of 2.7%.

Rents rising across the Boston Metro

Throughout the past year, rent increases have been occurring not just in the city of Framingham, but across the entire metro. Of the largest 10 cities that we have data for in the Boston metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Brookline has the most expensive rents in the Boston metro, with a two-bedroom median of $2,600; however, the city has also seen rents fall by 0.8% over the past year, the biggest drop in the metro.
  • Haverhill has the least expensive rents in the Boston metro, with a two-bedroom median of $1,470; additionally, the city has seen rent growth of 0.7% over the past month, the fastest in the metro.

Many large cities nationwide show more affordable rents compared to Framingham

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

  • Framingham's median two-bedroom rent of $1,870 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 2.4% rise in Framingham.
  • While Framingham's rents rose moderately over the past year, many cities nationwide saw decreases, including DC (-0.6%), New York (-0.2%), and Miami (-0.2%).
  • Renters will generally find more expensive prices in Framingham than most large cities. For example, Philadelphia has a median 2BR rent of $1,160, 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% 1.3%
Lowell $1,210 $1,500 -1.0% 1.9%
Cambridge $1,780 $2,200 -1.4% -0.2%
Quincy $1,500 $1,860 -0.3% 3.8%
Somerville $1,650 $2,050 -3.0% 3.2%
Framingham $1,500 $1,870 -0.3% 2.4%
Haverhill $1,180 $1,470 0.7% 3.7%
Waltham $1,660 $2,060 -0.8% 0.9%
Brookline $2,090 $2,600 -0.7% -0.8%
Marlborough $1,200 $1,500 -0.7% 1.1%

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.