Homes & Apartments for Rent in 02142

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What to Know About

Living in 02142

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.

Rental Market Trends

Cambridge, MA

As of June 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 26.8% ($740) higher than the Massachusetts average of $2,761 and 94.8% ($1,704) higher than the U.S. average of $1,797.

Average Rent
$3,501
Monthly ChangeMonth Over Month Change
Increased2.6% ($89)
Yearly ChangeYear Over Year Change
Increased0.3% ($10)
Avg. Days on MarketAverage Days on Market
21
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $3,072 Increased2.4% ($73) Decreased3.2% ($103)
2 Beds $4,121 Increased2.3% ($91) Decreased0.6% ($24)
3 Beds $4,938 Decreased0.7% ($34) Increased3.1% ($147)
Nearby Cities Average Rent Avg. Rent vs. CambridgeAverage Rent vs. Cambridge Avg. Days on MarketAverage Days on Market
Somerville $3,161 Decreased9.7% ($340) 23 days
Allston $3,087 Decreased11.8% ($414) 40 days
Charlestown $4,114 Increased17.5% ($613) 35 days
Boston $3,819 Increased9.1% ($318) 30 days
Roxbury Crossing $3,792 Increased8.3% ($291) 47 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Cambridge Rental Market FAQs

Explore rental prices, market trends, and availability in Cambridge, MA.

The average rent in Cambridge, MA is $3,501 per month.
Homes in Cambridge typically rent for between $2,150 and $6,419 per month, with an average of $3,501 per month.
In Cambridge, the average rent for a 1-bedroom home is $3,072 per month, for a 2-bedroom home, $4,121 per month, and a 3-bedroom home is $4,938 per month.
The average rent in Cambridge is 94.8% ($1,704) higher than the national average of $1,797 per month.
The average rent in Cambridge has increased by 2.6% ($89) in the last month and increased by 0.3% ($10) over the past year.
The rental market in Cambridge, MA, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Cambridge, MA, the average rental stays on the market for approximately 21 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 923 rental properties available in Cambridge, MA.
Based on the current averages, a household would need an annual income of $164,840 to comfortably afford a 2-bedroom home in Cambridge.
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