Apartments & Condos for Rent in Medford, MA

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What to Know About

Life in Medford & Beyond

Medford shares many of the great qualities that make Massachusetts a desirable place to live.

Massachusetts is rich in American history and renowned for its beautiful cities and breathtaking natural landscapes. Visit historical sites such as the Freedom Trail and USS Constitution Museum to experience the birthplace of America. In addition, it's the home to world-class universities such as Harvard University, Massachusetts Institute of Technology (MIT), and Boston College, adding to the state's innovation and education. Massachusetts also has a strong job market and a thriving economy.

For sports fans, Massachusetts is home to the New England Patriots (NFL), Boston Bruins (NFL), Boston Red Sox (MLB), Boston Celtics (NBA), and iconic venues such as Fenway Park and Gillette Stadium. In addition, the state offers a diverse range of outdoor experiences for those seeking adventure, from whale watching on the Cape Cod coast to hiking in the scenic Berkshire Mountains. See famous attractions like the Salem Witch Trials Memorial, the New England Aquarium, and the charming Martha's Vineyard.

With its warm and welcoming atmosphere, rich historical heritage, and endless opportunities, embrace the Bay State and discover why Massachusetts is the ideal place to call home.

Rental Market Trends

Medford, MA

As of May 2025, Medford's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Medford's average rent is 2.6% ($70) higher than the Massachusetts average of $2,715 and 55.3% ($992) higher than the U.S. average of $1,793.

Average Rent
$2,785
Monthly ChangeMonth Over Month Change
Decreased2.9% ($83)
Yearly ChangeYear Over Year Change
Decreased25.2% ($940)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,049 Decreased6.7% ($146) Decreased8.3% ($185)
2 Beds $3,145 Increased6.4% ($190) Increased5% ($149)
3 Beds $3,641 Decreased3.7% ($138) Decreased5.7% ($219)
Nearby Cities Average Rent Avg. Rent vs. MedfordAverage Rent vs. Medford Avg. Days on MarketAverage Days on Market
Somerville $2,928 Increased5.1% ($143) 23 days
Arlington $2,341 Decreased15.9% ($444) 58 days
Cambridge $3,443 Increased23.6% ($658) 21 days
Winchester $3,796 Increased36.3% ($1011) 27 days
Everett $2,854 Increased2.5% ($69) 24 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Medford Rental Market FAQs

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

The average rent in Medford, MA is $2,785 per month.
Apartments in Medford typically rent for between $1,434 and $4,733 per month, with an average of $2,785 per month.
In Medford, the average rent for a 1-bedroom apartment is $2,049 per month, for a 2-bedroom apartment, $3,145 per month, and a 3-bedroom apartment is $3,641 per month.
The average rent in Medford is 55.3% ($992) higher than the national average of $1,793 per month.
The average rent in Medford has decreased by 2.9% ($83) in the last month and decreased by 25.2% ($940) over the past year.
The rental market in Medford, MA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Medford, MA, the average rental stays on the market for approximately 27 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 172 rental properties available in Medford, MA.
Based on the current averages, a household would need an annual income of $125,800 to comfortably afford a 2-bedroom apartment in Medford.
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