Average Rental Rates in Palmer, MA

In order to provide you with the most relevant information during your apartment search in Palmer, Massachusetts, the following summary offers up-to-date statistics regarding average rental rates as of May. These averages were generated using 12 applicable apartment listings that were posted throughout this month in Palmer. If you’re interested in an apartment with several rooms in Palmer, then, on average, a two bedroom rental will cost you $825.

 

Average Rents for Locations Near Palmer, MA

If you’re a potential renter who enjoys everything that Palmer, Massachusetts, has to offer, but would rather find a place to rent that’s outside the city, then you’ll want to know the May average rental rates of listings near Palmer. 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 Palmer, Ma, a two bedroom rental will on average cost $825. Maybe you’d rather live in Ware, Ma, where the average price of a two bedroom apartment costs $771. Ludlow, Ma is another alternative. The average price of a two bedroom rental in Ludlow, Ma is $1,200. In East Longmeadow, Ma, the average price of a two bedroom rental runs $4,505. The neighboring community of Sturbridge, Ma has an average rental price of $1,015 for a two bedroom rental. Also nearby is Springfield, Ma. The average cost of a two bedroom rental property in Springfield, Ma is $1,074. Another potential option is Chicopee, Ma, where a two bedroom rental has an average cost of $998. You can also try South Hadley, Ma. The average price of a two bedroom apartment in South Hadley, Ma is $905.

 

Palmer, MA, Rental History and Trends

According to rental history data, as of May, any changes to the average rental rates for Palmer, Massachusetts, from December to May is reflected in the following averages. These average rates were generated using 120 apartment listings that were posted throughout the past six months in Palmer. 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 December was $800, as compared to one-month later during January, which was $800. In February, the average rental rate was $846 while in March the average rental price was $825. Most recently, in April and May, the average rental prices were $833 and $825, respectively.