Newton, MA has a population of 88,479, while the median age is 41. The household income in Newton, MA is around $133,853. The homeownership rate among the residents is 71%. The median residential property value in Newton, MA that you should keep in mind is $845,100.
|Number Of Employees||45,279|
|Median Property Value||$845,100|
Over the Oct 2022, the average rent for an apartment in/near Newton, MA decreased by 7.3% to $6,048.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 20.4% to $2,967. Pricing for 2-bed apartment also increased by 3.9% and a place of this size will now cost you $4,082. 3-bed apartment rent pricing starts at $4,013, it increased by 3.7% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 3% and made it down to $7,016.
The median rent for an apartment in Newton, MA decreased by 7.7% to $6,218. Statistics show that house rent price increased by 17.1% this month making it up to $6,388. Condos faced an upward trend these days. The median rent for a condo decreased by 4.1%, it’s now available for $3,069. You can now rent a duplex for $8,100, duplex rent price increased by 71.1% this month. If you’re looking for a room, the price tag still starts at $1,180. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $7,500.