In the first half of 2025, Boston's median rent for three-bedroom single-family homes is $4,500, reflecting a 12.5% year-over-year increase. Households need an income of at least $180,000 to avoid being rent burdened. The rent increase is attributed to a higher proportion of larger, more expensive homes and limited inventory. Cambridge tops the list with a median rent of $6,000, requiring an income of $240,000. Other Greater Boston suburbs show rising rents, with Newton at $4,900 and Waltham at $4,200, while the Midwest remains more affordable for renters.
Rentometer reported that rents for three-bedroom, single-family homes in Boston averaged $4,500 per month in the first half of 2025, marking a significant increase.
In Cambridge, the median rent for a three-bedroom home reached about $6,000 per month, requiring an annual income of $240,000, nearly double the median household income.
The surge in Boston's rents was influenced by a greater share of larger, higher-priced homes and a tight inventory of single-family rentals, affecting rental costs.
Newton's median single-family rent is at $4,900, while Waltham's stands at $4,200, illustrating the rising rental prices in Greater Boston suburbs.
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