Renting

Report: Mass. is the second-most expensive state for renters

In Boston, the median rent was $2,400, a 4% decrease, but they were higher in Watertown, Needham, Burlington, and Lexington.

By Realestate.boston.com

March 1, 2022

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The median price for a one-bedroom apartment in the state may have slipped a little bit in February, but it has jumped 4.5 percent in the past three months, according to a report ApartmentAdvisor.com released Tuesday.

That makes Massachusetts the second-most expensive state for renters, behind only New York — and not by much: The median rent for a one-bedroom unit in these states was $2,250 and $2,300, respectively, a difference of only $50. The report is based on ApartmentAdvisor listings.

The three most expensive communities were Cambridge, Waltham, and Brookline, in that order. The least expensive were, in order, Springfield, Leominster, Fall River, and Worcester.

In Boston, the median rent was $2,400, a 4% decrease, but the median rents were higher in Watertown, Needham, Burlington, and Lexington.

Many communities saw month-over-month jumps in February — Melrose (16.5%), Newton (14.5%), and Lexington (12.7%) — but prices were down significantly in other areas, too, such as Revere (-18.9%), Framingham (-18.1%), Springfield (-17.6), and Chelsea (-14.3%).

Here are the median rents for a one-bedroom apartment in communities across Massachusetts, according to the report:

And for two-bedrooms:

Here’s where rents for one-bedrooms have increased and decreased since December:

And for two-bedrooms:

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