If you’re moving to Massachusetts and you wondering where the cheapest cities and towns are to rent in the state…. bad news: it’s all pretty dang expensive! Rent in Massachusetts is more than twice the national average! This is according to a new study by Fast Expert, a website that looks to simplify real estate.
According to the study the average rent in Massachusetts is $2,500 per month, compared to $1,100 nationwide. The study also revealed a few other substantial take aways: Approximately 109 million Americans live in rental housing, rental rates have increased by 31% in the past ten years in the United States, and (focusing more locally) around 38% of households in Massachusetts rent their homes.
Massachusetts is a great place to live, offering a compelling blend of history, culture, and natural beauty. The state boasts a rich historical heritage, with iconic sites like Plymouth Rock and the Freedom Trail, appealing to history buffs. Massachusetts is also home to world-renowned educational institutions, including Harvard and MIT, making it a hub for academic and professional opportunities.
Its diverse landscapes range from picturesque coastal towns along Cape Cod to the scenic Berkshires, providing outdoor enthusiasts with a variety of recreational activities. Residents enjoy a thriving arts scene, vibrant cities like Boston, and a strong sense of community. Massachusetts also leads in healthcare, and its commitment to progressive policies makes it an attractive place for a high quality of life.
The study by Fast Expert figured out the cheapest towns to rent in in Massachusetts. This is not simply based on rental prices, though it does take that into account. Also factored in are: population of each town, average home listing price, average number of days on the market, medium household income in each town, and average rent price.
Here we’ll give you the Top 5 Cheapest Towns to Rent In in Massachusetts: