Property prices for rent in Medford (Massachusetts)

The rent prices in real estate in Medford, in the Massachusetts region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$2,602.5
Average price last 6 months
$5.18
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Medford has had a strong fall during the last 6 months. In May, the average price per sq.feet was $9.79. In the following month the price per sq.feet rose to $11.2. The price for the following two months in (July, August) had a considerable fall of 25 with regard to the previous two months. The price per sq.feet has had a considerable fall of 37 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $6.56 to $2.42 during September, and October.

Average price

When referring to the price in Medford (cities), this has fallen in the last 6 months. In our first sample month during May, the average price is $2,842. In June This price remains at $2,744. During the following two months (July, August) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $2,699 to $2,409.5 in September and October.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,376 they are 12 % more affordable than the average price for Medford . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,523.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.9 / sq.feet, with an average $2.26 / sq.feet price in Medford. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.09 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,376 it is 9 % more affordable than the average price in Medford. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $2,417 it is 10 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.97 / sq.feet followed by "House" priced at $2.19 / sq.feet. "House" is the most affordable type of property with a $2.19 / sq.feet value followed by "Condo" with an average price of $1.97 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Medford
Number of properties used in region Massachusetts
$2,376
$2.26
6,030
346,232
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Modera Medford 1 Bedroom Apartment For Rent At 5 Cabot Rd, Medford, Ma 02155 Wellington
 20
Modera Medford 1 Bedroom Apartment For Rent At 5 Cabot Rd, Medford, Ma 02155 Wellington
$2,133$2,149
Medford, Massachusetts - For Rent - Apartment - 848 sq.feet - 1 bedroom - 1 bathroom
Live in the mix yet out of the ordinary at modera medford - riverfront studio, 1-, 2-, and 3-bedroom apartments primely located minutes from downtown boston...
Hanover Mystic River 1 Bedroom Apartment For Rent At 61 Locust St, Medford, Ma 02155 Welli...
 20
Hanover Mystic River 1 Bedroom Apartment For Rent At 61 Locust St, Medford, Ma 02155 Welli...
$2,015
Medford, Massachusetts - For Rent - Apartment - 722 sq.feet - 1 bedroom - 1 bathroom
At hanover’s newest medford location, mystic river. Stay in comfort and security in one... Living in luxury in medford, ma. Combined with world-class amenities, top notch...
Hanover Mystic River 1 Bedroom Apartment For Rent At 61 Locust St, Medford, Ma 02155 Welli...
 20
Hanover Mystic River 1 Bedroom Apartment For Rent At 61 Locust St, Medford, Ma 02155 Welli...
$2,104
Medford, Massachusetts - For Rent - Apartment - 760 sq.feet - 1 bedroom - 1 bathroom
At hanover’s newest medford location, mystic river. Stay in comfort and security in one... Living in luxury in medford, ma. Combined with world-class amenities, top notch...
Hanover Mystic River 1 Bedroom Apartment For Rent At 61 Locust St, Medford, Ma 02155 Welli...
 20
Hanover Mystic River 1 Bedroom Apartment For Rent At 61 Locust St, Medford, Ma 02155 Welli...
$2,220
Medford, Massachusetts - For Rent - Apartment - 780 sq.feet - 1 bedroom - 1 bathroom
At hanover’s newest medford location, mystic river. Stay in comfort and security in one... Living in luxury in medford, ma. Combined with world-class amenities, top notch...
Hanover Mystic River 1 Bedroom Apartment For Rent At 61 Locust St, Medford, Ma 02155 Welli...
 20
Hanover Mystic River 1 Bedroom Apartment For Rent At 61 Locust St, Medford, Ma 02155 Welli...
$2,245
Medford, Massachusetts - For Rent - Apartment - 874 sq.feet - 1 bedroom - 1 bathroom
At hanover’s newest medford location, mystic river. Stay in comfort and security in one... Living in luxury in medford, ma. Combined with world-class amenities, top notch...