Cheap Homes in Cambridge, MA

Buyer vs Seller Market in Cambridge, MA

The real estate market in Cambridge has shown consistent growth, attributed largely to its strong rental demand driven by students and professionals. The area has witnessed a slight increase in home prices over the last year, but market activity remains robust with properties selling relatively quickly due to limited inventory.

Recent trends indicate a growing interest in multi-family and mixed-use developments, as local officials aim to balance housing needs and commercial interests. The influx of tech companies into the Boston area has also contributed to competitive conditions in the housing market, driving up both rental prices and property values.

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 $3,295.00. 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.