Average Rental Rates in Newton, MA

In order to provide you with the most relevant information during your apartment search in Newton, Massachusetts, the following summary offers up-to-date statistics regarding average rental rates as of August. These averages were generated using 1116 applicable apartment listings that were posted throughout this month in Newton. The average price of a studio apartment in Newton is $1,847. A one bedroom apartment has an average list price of $1,902. If you’re interested in an apartment with several rooms in Newton, then, on average, a two bedroom rental will cost you $2,461. Average rent for a three bedroom apartment is $3,417.

 

Average Rents for Locations Near Newton, MA

If you’re a potential renter who enjoys everything that Newton, Massachusetts, has to offer, but would rather find a place to rent that’s outside the city, then you’ll want to know the August average rental rates of listings near Newton. You can get a better idea of what it costs to rent two bedroom apartments in nearby communities by looking at the average rental rates of those locations. In Newton, Ma, a two bedroom rental will on average cost $2,461. Maybe you’d rather live in Newton Center, Ma, where the average price of a two bedroom apartment costs $925. Chestnut Hill, Ma is another alternative. The average price of a two bedroom rental in Chestnut Hill, Ma is $700. In Brighton, Ma, the average price of a two bedroom rental runs $1,607. The neighboring community of Watertown, Ma has an average rental price of $2,266 for a two bedroom rental. Also nearby is Brookline, Ma. The average cost of a two bedroom rental property in Brookline, Ma is $2,756. Another potential option is Wellesley Hills, Ma, where a two bedroom rental has an average cost of $3,100. You can also try Needham, Ma. The average price of a two bedroom apartment in Needham, Ma is $2,125.

 

Newton, MA, Rental History and Trends

According to rental history data, as of August, any changes to the average rental rates for Newton, Massachusetts, from March to August is reflected in the following averages. These average rates were generated using 2310 apartment listings that were posted throughout the past six months in Newton. By having knowledge about cost changes over time and other trends could prove helpful during your search for the perfect property. The average rental rate in March was $2,343, as compared to one-month later during April, which was $2,379. In May, the average rental rate was $2,359 while in June the average rental price was $2,448. Most recently, in July and August, the average rental prices were $2,587 and $2,461, respectively.