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What to Know About
Life in Needham & Beyond
Needham 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
Needham, MA
As of May 2025, Needham's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Needham's average rent is 60.3% ($1,637) higher than the Massachusetts average of $2,715 and 142.7% ($2,559) higher than the U.S. average of $1,793.
Average Rent
$4,352
Monthly ChangeMonth Over Month Change
3.6% ($162)
Yearly ChangeYear Over Year Change
6.1% ($281)
Avg. Days on MarketAverage Days on Market
39
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $3,380 | 1.2% ($42) | 5.6% ($179) |
| 2 Beds | $4,544 | 1.3% ($62) | 5.8% ($251) |
| 3 Beds | $5,709 | 3.1% ($182) | 3.2% ($178) |
| Nearby Cities | Average Rent | Avg. Rent vs. NeedhamAverage Rent vs. Needham | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Needham Heights | $2,997 | 31.1% ($1355) | 38 days |
| Wellesley Hills | $3,923 | 9.9% ($429) | 35 days |
| Newton Highlands | $4,541 | 4.3% ($189) | 27 days |
| Dover | $4,048 | 7% ($304) | 36 days |
| Waban | $3,081 | 29.2% ($1271) | 23 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Needham Rental Market FAQs
Explore rental prices, market trends, and availability in Needham, MA.
The average rent in Needham, MA is $4,352 per month.
Homes in Needham typically rent for between $2,366 and $7,422 per month, with an average of $4,352 per month.
In Needham, the average rent for a 1-bedroom home is $3,380 per month, for a 2-bedroom home, $4,544 per month, and a 3-bedroom home is $5,709 per month.
The average rent in Needham is 142.7% ($2,559) higher than the national average of $1,793 per month.
The average rent in Needham has decreased by 3.6% ($162) in the last month and decreased by 6.1% ($281) over the past year.
The rental market in Needham, MA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Needham, MA, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Needham, MA.
Based on the current averages, a household would need an annual income of $181,760 to comfortably afford a 2-bedroom home in Needham.
