Median rent for residential apartments in as of Apr, 2021.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
1,965 Cambridge, MA, USA apartments for rent
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Cambridge
Cambridge, MA has a population of 110,893, while the median age is 30. The household income in Cambridge, MA is around $89,145. The homeownership rate among the residents is 36%. The median residential property value in Cambridge, MA that you should keep in mind is $670,200.
| Population | 110,893 |
| Median Age | 30.4 |
| Poverty Rate | 14% |
| Household Income | $89,145 |
| Number Of Employees | 65,165 |
| Median Property Value | $670,200 |
Business & Economy
Wage by Common Jobs
Average salary in Cambridge, MA: $67,766
- 1. Miscellaneous managers$114,857
- 2. Software developers, applications & systems software$112,829
- 3. Postsecondary teachers$89,187
- 4. Registered nurses$83,064
- 5. Firstline supervisors of retail sales workers$64,171
Highest Paid Occupations
Numbers claim that the highest paid jobs in Cambridge, MA are Legal Occupations, Management Occupations, Architecture & Engineering Occupations, Health Diagnosing & Treating Practitioners & Other Technical Occupations and Computer & Mathematical Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 3% recently, there must be a strong understanding of industries people of Cambridge, MA work in. The highest paid industries are Mining, Quarrying, Oil & Gas Extraction, Utilities, Finance & Insurance, Manufacturing and Agriculture, Forestry, Fishing & Hunting, Mining.
Demographics
Race & Ethnicity
According to latest census, Cambridge, MA is a home for 67% white residents. The second common group is asian with 16% residents. The list of the most common racial or ethnic groups is closed by black with 11% residents.
Non-English Speakers
Education
Past year Cambridge, MA universities awarded around 1,340,400 degrees. Statistics show that the population of students in Cambridge, MA includes 670,200 female students and 670,200 male students. Cambridge, MA offers private and public tuition with a median cost of $39,800 for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Harvard University with the majority of graduates. The Massachusetts Institute of Technology and Lesley University hold the second and the third place respectively. The share of the public colleges in Cambridge, MA is 32 and 100 go to the private colleges.
Universities
- 1. Harvard University8,797 graduates
- 2. Massachusetts Institute of Technology3,710 graduates
- 3. Lesley University1,447 graduates
Public vs Private
- Public100%
- Private32.4%
Health and Safety
Primary care physicians in Cambridge, MA see an average of 788 patients, dentists 1,052 patients, metal health providers 202 patients, and other healthcare providers 1,183 patients per year.
Transportation
Commute Time
Average travel time: 23.7 minutes
- USA
- Cambridge, MA
Commuter Transportation
Citizens of Cambridge, MA travel to their offices around 24 minutes lately and used public transit to get there. The rest of the residents drove alone and walked.
- USA
- Cambridge, MA
Housing Trends
Cambridge, MA, USA Housing Trends
Average rent in Cambridge: undefined (-0%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed apartments | $2,400 | N/A |
| 2 bed apartments | $2,625 | N/A |
| 3 bed apartments | $3,100 | N/A |
| 4+ bed apartments | $3,990 | N/A |
Over the May 2021, the average rent for an apartment in/near Cambridge, MA decreased by 100% to $0.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $2,400 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $2,625. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $3,100. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $3,990 for a big-family home.
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| Apartment rentals | $3,116 | N/A |
Looking at the median rent price for an apartment in Cambridge, MA, you can note that it remains flat with a price tag of $3,116.
Rent vs Own
- Rent36%
- Own64%
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