Foreclosure Homes in Cambridge, MA 02140

Current Market Conditions in Cambridge, MA

The Cambridge real estate market is competitive, with a trend of rising home prices over the past few years, reflecting high demand for housing in the area. Investors will find a mix of historic homes and modern developments that cater to a diverse demographic, making Cambridge a promising location for property investment.

Due to its proximity to world-class colleges and a growing tech sector, the demand for rental properties is strong, particularly among students and young professionals. This demand underpins the stability of the market, with potential for continuous appreciation.

Rent Prices In Cambridge, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cambridge, MA, is on a rollercoaster ride. The average rent price in Cambridge, MA, is $3,294.00. Indeed, when looking to rent in Cambridge, MA, you can expect to pay as little as $840.00 or as much as $5,720.00, with the average rent median estimated to be $3,060.00. The good news is that finding an affordable and desirable property to rent in Cambridge, MA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.