Framingham, MA has a population of 71,232, while the median age is 38. The household income in Framingham, MA is around $73,182. The homeownership rate among the residents is 54%. The median residential property value in Framingham, MA that you should keep in mind is $371,200.
Population | 71,232 |
Median Age | 38.4 |
Poverty Rate | 12% |
Household Income | $73,182 |
Number Of Employees | 39,657 |
Median Property Value | $371,200 |
Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | $1,631 | -22.3% |
2-bed apartments | $2,472 | +18.5% |
3-bed apartments | $3,128 | -16.6% |
4+ bed apartments | $3,656 | -74% |
Over the May 2023, the average rent for an apartment in/near Framingham, MA decreased by 42.2% to $2,452.
The average price for a rental studio in Framingham, MA has remained the same as last month and equals $1,475. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 22.3% to $1,631. Pricing for 2-bed apartment also increased by 18.5% and a place of this size will now cost you $2,472. 3-bed apartment rent pricing starts at $3,128, it decreased by 16.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 74% and made it down to $3,656.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $2,919 | -70.2% |
Condos for rent | $2,350 | +3.9% |
Apartments for rent | $2,385 | -6.4% |
The median rent for an apartment in Framingham, MA decreased by 6.4% to $2,385. Statistics show that house rent price decreased by 70.2% this month making it up to $2,919. Condos faced an upward trend these days. The median rent for a condo increased by 3.9%, it’s now available for $2,350.