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.
584 Somerville, MA, USA apartments for rent
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Somerville
Somerville, MA has a population of 79,983, while the median age is 32. The household income in Somerville, MA is around $84,722. The homeownership rate among the residents is 34%. The median residential property value in Somerville, MA that you should keep in mind is $558,300.
| Population | 79,983 |
| Median Age | 31.5 |
| Poverty Rate | 12% |
| Household Income | $84,722 |
| Number Of Employees | 53,231 |
| Median Property Value | $558,300 |
Business & Economy
Wage by Common Jobs
Average salary in Somerville, 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 Somerville, MA are Legal Occupations, Computer & Mathematical Occupations, Architecture & Engineering Occupations, Computer, Engineering, Science Occupations and Health Diagnosing & Treating Practitioners & Other Technical Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 3% recently, there must be a strong understanding of industries people of Somerville, MA work in. The highest paid industries are Mining, Quarrying, Oil & Gas Extraction, Manufacturing, Professional, Scientific, Technical Services, Utilities and Management of Companies & Enterprises.
Demographics
Race & Ethnicity
According to latest census, Somerville, 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 7% residents.
Non-English Speakers
Education
Past year Somerville, MA universities awarded around 1,116,600 degrees. Statistics show that the population of students in Somerville, MA includes 558,300 female students and 558,300 male students. Somerville, MA offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Lincoln Technical Institute-Somerville with the majority of graduates. The share of the public colleges in Somerville, MA is 65 and 100 go to the private colleges.
Universities
- 1. Lincoln Technical Institute-Somerville205 graduates
Public vs Private
- Public100%
- Private65.3%
Health and Safety
Primary care physicians in Somerville, 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: 30.19 minutes
- USA
- Somerville, MA
Commuter Transportation
Citizens of Somerville, MA travel to their offices around 30 minutes lately and drove alone to get there. The rest of the residents used public transit and walked.
- USA
- Somerville, MA
Housing Trends
Somerville, MA, USA Housing Trends
Average rent in Somerville: $2,714 (-46.8%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 1 bed apartments | $2,050 | -64.1% |
| 2 bed apartments | $2,700 | +5.9% |
| 3 bed apartments | $2,400 | -27.5% |
| 4+ bed apartments | $3,050 | -27.2% |
Over the Apr 2021, the average rent for an apartment in/near Somerville, MA decreased by 46.8% to $2,714.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $2,050 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $2,700. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,400. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $3,050 for a big-family home.
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| Apartment rentals | $2,714 | -47.7% |
| Room rentals | $1,200 | N/A |
Looking at the median rent price for an apartment in Somerville, MA, you can note that it remains flat with a price tag of $2,714. If you’re looking for a room, the price tag still starts at $1,200. The median price did not change this time.
Rent vs Own
- Rent34%
- Own66%
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