44 Apartments under 1500 for rent in Somerville, MA

Last updated November 24 at 2:15am UTC
Results within 5 miles of Somerville, MA
1 Lawrence Road
West Revere
Revere, MA
Updated November 8 at 11:31am UTC
1 Bedroom
$1,350
168 North Beacon St Apt 3
Oak Square
Boston, MA
Updated November 16 at 12:12pm UTC
1 Bedroom
$1,450
2 Ayr Rd
Commonwealth
Boston, MA
Updated November 24 at 1:14am UTC
Studio
$1,475
30 Beechcroft St Apt 3
Oak Square
Boston, MA
Updated November 16 at 12:23pm UTC
1 Bedroom
$1,425
144 Bremen St
Jeffries Point
Boston, MA
Updated October 27 at 1:58am UTC
1 Bedroom
$1,495
208 Washington Ave
Addison-Orange
Chelsea, MA
Updated November 16 at 12:33pm UTC
1 Bedroom
$1,450
1330 Commonwealth Avenue
Allston
Boston, MA
Updated November 23 at 5:30pm UTC
Studio
$1,400
97 Chester St
Allston
Boston, MA
Updated November 24 at 1:14am UTC
1 Bedroom
$1,450
46 Woodbine Street 2A
North Quincy
Quincy, MA
Updated November 22 at 12:08pm UTC
1 Bedroom
$1,100
Results within 10 miles of Somerville, MA
46 Woodbine Street 2B
North Quincy
Quincy, MA
Updated November 22 at 12:07pm UTC
1 Bedroom
$1,050
7 Liberty Square
Downtown Lynn
Lynn, MA
Updated November 21 at 1:45am UTC
1 Bedroom
$1,495
94 Rockland St
Swampscott
Swampscott, MA
Updated November 15 at 10:11am UTC
1 Bedroom
$1,450
11 Dungeon Ave.
Pine Hill
Lynn, MA
Updated November 15 at 1:59am UTC
2 Bedrooms
$1,300
52C Great Road
, MA
Updated November 4 at 5:37pm UTC
1 Bedroom
$1,200
70 Garland Rd
Newton Highlands
Newton, MA
Updated November 9 at 2:04am UTC
Studio
$1,285
319 Allston St
Commonwealth
Boston, MA
Updated November 18 at 2:05am UTC
Studio
$1,460
35 Prospect St. Unit 305
Downtown Woburn
Woburn, MA
Updated November 12 at 10:32am UTC
1 Bedroom
$1,425
23 Bradlee St
Codman Square - East Codman Hill
Boston, MA
Updated September 29 at 6:51pm UTC
Studio
$700
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November 2017 Somerville Rent Report

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

View full Somerville Rent Report
Rent Report
Somerville

November 2017 Somerville Rent Report

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

Somerville rents declined over the past month

Somerville rents have declined 3.0% over the past month, but are up moderately by 3.2% in comparison to the same time last year. Currently, median rents in Somerville stand at $1,650 for a one-bedroom apartment and $2,050 for a two-bedroom. Somerville's year-over-year rent growth leads the state average of 1.7%, as well as 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 Somerville, 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 Somerville

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

  • Somerville's median two-bedroom rent of $2,050 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 3.2% rise in Somerville.
  • While Somerville'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 Somerville than most large cities. For example, Philadelphia has a median 2BR rent of $1,160, where Somerville 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.