Know as a rather scholarly part of town, East Cambridge is populated by tech and industry professionals, and students from Harvard and MIT. There are lots of cool lofts and apartments for rent here in converted factories.
There are neighborhoods on everyone’s lips, there are areas for unique experiences, and there is East Cambridge. It’s often unfairly ignored, yet enthusiasts know what to look for: not the glamour of Downtown or the flashy chic of Back Bay. It’s the small delightful details that deserved the calm and steady pride of local residents.
It’s hard to imagine there was nothing but swampy land here prior to landfilling activities from the second half of the 19th century to the 1920s. The area is still at its growth, facing several vast projects of extension of the Green Line, old railroad yard redevelopment, and construction of a few condominium towers. The new start-ups of local businesses and restaurants of ethnic cuisine introduced a dissimilar yet inimitably coherent spirit to East Cambridge, Boston. What you lose in demonstrative glamour, you get in stylish minutiae unique to this neighborhood.
East Cambridge, Massachusetts, has no shortage of most miscellaneous job offers. The whole southern part of East Cambridge closest to Kendall Square is office buildings and institutes that accommodate hundreds of dot-com companies, innovative startups, small local businesses, and research laboratories of different caliber plastered with such big names as MIT, Biogen Idec, and NRG Energy. Apart from these, the area is sprinkled with retail, hotel, and housing, as well as public catering ventures of all scales.
Just like the rest of Boston, the demographic makeup of the neighborhood is richly diverse, with solid Irish and Portuguese native presence, and robust Italian and Polish communities. Driven by job opportunities, the middle-class population started to move in during the last decade, significantly improving the socio-economic status of East Cambridge, Massachusetts. Today, apartments for rent in East Cambridge are still comparatively cheap, yet steadily rising in price in close connection to growing incomes.
Cuisine is a thing of honor here, with all the ethnic communities exploring the possibilities of combining traditionally American openness with the hospitality of Irish pubs and languor of Portuguese bakeries. Add some fish markets down Cambridge Street, the best in the metropolitan area, and you’ll get the perfect map of the hidden treasures. Shopaholics get their fill at the strip of the Twin Cities Plaza; shopping experts opt for the Cambridge Antique Market. Whatever the level of demand, it won’t be hard to find what suits your tastes best.
Over the Nov 2022, the average rent for an apartment in/near East Cambridge, Cambridge, MA decreased by 14.6% to $2,920.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 4.9% to $2,700. Pricing for 2-bed apartment also decreased by 5.6% and a place of this size will now cost you $3,737. 3-bed apartment rent pricing starts at $3,718, it decreased by 25.6% lately.
The median rent for an apartment in East Cambridge, Cambridge, MA decreased by 9.1% to $2,883. Condos faced an upward trend these days. The median rent for a condo decreased by 16.6%, it’s now available for $3,233.
East Cambridge, Boston, is well-planned and has real estate options for everyone. The area near Kendall Square is the best choice of housing for professionals and scholars. Shoppers should consider Cambridge Street or Monsignor O’Brien Highway. Choose Lechmere Square if you will travel a lot: transportation here is near perfect. Get 2-bed apartments for rent in one of the older factory spaces redesigned in consequence with the gentrification of the 1990s, or in one of the newer tall apartment complexes along the waterfront of the Charles River in the eastern part of the neighborhood. Apartments for rent in East Cambridge northern grid, near the Somerville border, come at affordable prices and also are close to the transportation hub of the neighborhood.