Cambridge is a vibrant city in Greater Boston with a rich history and a strong sense of community. Home to prestigious universities such as Harvard University and the Massachusetts Institute of Technology (MIT), the city is a hub for education and innovation. Stroll through the town and discover a wealth of knowledge with the Longfellow House, Harvard Art Museums, American Repertory Theater, and the Peabody Museum of Archaeology and Ethnology. Cambridge is also home to a diverse economy, with numerous local businesses, including tech, finance, and biotech companies.
Explore the lush greenery of the city's parks, gardens, and rivers at the Magazine Beach Park, Fresh Pond Reservation, or Charles River. Food lovers will enjoy the diverse dining experiences, from New England Seafood to high-end restaurants serving the local specialty, Clam Chowder. In addition, Cambridge hosts various events throughout the year, such as the Cambridge Arts River Festival, the Harvard Film Archive screenings, and the MIT Museum exhibitions.
With its bustling streets, iconic architecture, and numerous cultural and recreational opportunities, Cambridge is a great place to call home for those who seek an urban lifestyle with an academic atmosphere.
As of May 2026, Cambridge's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Cambridge's average rent is 24.8% ($678) higher than the Massachusetts average of $2,734 and 90.7% ($1,623) higher than the U.S. average of $1,789.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,999 | 8.2% ($228) | 4.6% ($145) |
| 2 Beds | $4,030 | 2.3% ($91) | 3.2% ($135) |
| 3 Beds | $4,972 | 6.1% ($288) | 3.6% ($173) |
| Nearby Cities | Average Rent | Avg. Rent vs. CambridgeAverage Rent vs. Cambridge | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Somerville | $3,115 | 8.7% ($297) | 23 days |
| Allston | $3,010 | 11.8% ($402) | 40 days |
| Charlestown | $3,972 | 16.4% ($560) | 35 days |
| Boston | $3,868 | 13.4% ($456) | 30 days |
| Roxbury Crossing | $3,624 | 6.2% ($212) | 47 days |
Explore rental prices, market trends, and availability in Cambridge, MA.
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