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.
171 Medford, MA, USA apartments for rent
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Medford
Medford, MA has a population of 57,700, while the median age is 36. The household income in Medford, MA is around $86,204. The homeownership rate among the residents is 57%. The median residential property value in Medford, MA that you should keep in mind is $443,100.
| Population | 57,700 |
| Median Age | 35.8 |
| Poverty Rate | 10% |
| Household Income | $86,204 |
| Number Of Employees | 33,149 |
| Median Property Value | $443,100 |
Business & Economy
Wage by Common Jobs
Average salary in Medford, 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 Medford, MA are Architecture & Engineering Occupations, Computer & Mathematical Occupations, Law Enforcement Workers Including Supervisors, Management Occupations and Computer, Engineering, Science Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 2% recently, there must be a strong understanding of industries people of Medford, MA work in. The highest paid industries are Information, Manufacturing, Utilities, Professional, Scientific, Technical Services and Public Administration.
Demographics
Race & Ethnicity
According to latest census, Medford, MA is a home for 77% white residents. The second common group is asian with 10% residents. The list of the most common racial or ethnic groups is closed by black with 9% residents.
Non-English Speakers
Education
Past year Medford, MA universities awarded around 886,200 degrees. Statistics show that the population of students in Medford, MA includes 443,100 female students and 443,100 male students. Medford, MA offers private and public tuition with a median cost of $53,152 for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Tufts University with the majority of graduates. The Elizabeth Grady School of Esthetics and Massage Therapy and Lawrence Memorial Hospital School of Nursing hold the second and the third place respectively. The share of the public colleges in Medford, MA is n/a and 100 go to the private colleges.
Universities
- 1. Tufts University3,915 graduates
- 2. Elizabeth Grady School of Esthetics and Massage Therapy177 graduates
- 3. Lawrence Memorial Hospital School of Nursing107 graduates
Public vs Private
- Public100%
- Private0%
Health and Safety
Primary care physicians in Medford, 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: 30.77 minutes
- USA
- Medford, MA
Commuter Transportation
Citizens of Medford, MA travel to their offices around 31 minutes lately and drove alone to get there. The rest of the residents used public transit and carpooled.
- USA
- Medford, MA
Housing Trends
Medford, MA, USA Housing Trends
Average rent in Medford: $2,833 (+35%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed apartments | $2,377 | +44.3% |
| 2 bed apartments | $3,036 | +8.4% |
| 3 bed apartments | $2,300 | N/A |
Over the Apr 2021, the average rent for an apartment in/near Medford, MA increased by 35% to $2,833.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $2,377 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $3,036. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,300.
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| Apartment rentals | $2,833 | +35% |
Looking at the median rent price for an apartment in Medford, MA, you can note that it remains flat with a price tag of $2,833.
Rent vs Own
- Rent57%
- Own43%
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