Apartments for rent in Medford, MA, USA

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 University
3,915 graduates
2. Elizabeth Grady School of Esthetics and Massage Therapy
177 graduates
3. Lawrence Memorial Hospital School of Nursing
107 graduates

Public vs Private

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

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.

Housing Trends

How much is an apartment in Medford, MA, USA

Average rent in Medford: $3,337 (-1.8%)

Rent Price	Apr	vs Last Month
1 bed rentals	$1,525	-25%
2 bed rentals	$2,746	+2.8%
3 bed rentals	$3,145	+4%
4+ bed rentals	$4,463	-2.2%

Over the Apr 2022, the average rent for an apartment in/near Medford, MA decreased by 1.8% to $3,337.

Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,525 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $2,746. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $3,145. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $4,463 for a big-family home.

Rent Type Price	Apr	vs Last Month
Apartment rentals	$3,070	-1.5%
Room rentals	$850	+18.9%
House rentals	$4,336	-8%
Condo rentals	$3,174	+7%

Looking at the median rent price for an apartment in Medford, MA, you can note that it remains flat with a price tag of $3,070. The median rent for a house is still $4,336 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $3,174. If you’re looking for a room, the price tag still starts at $850. The median price did not change this time.

Median rent for residential in as of Apr, 2022.
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.

Rent vs Own

View City Information

96 Medford, MA, USA apartments for rent

Medford