Apartments & Homes for Rent in 02138

1-20 of 295 rentals
Viewing 1-20 of 295 rentals in 02138
What to Know About

Living in 02138

Cambridge is a vibrant city in Greater Boston with a rich history and a strong sense of community. Home to prestigious universities such as Harvard University and the Massachusetts Institute of Technology (MIT), the city is a hub for education and innovation. Stroll through the town and discover a wealth of knowledge with the Longfellow House, Harvard Art Museums, American Repertory Theater, and the Peabody Museum of Archaeology and Ethnology. Cambridge is also home to a diverse economy, with numerous local businesses, including tech, finance, and biotech companies.

Explore the lush greenery of the city's parks, gardens, and rivers at the Magazine Beach Park, Fresh Pond Reservation, or Charles River. Food lovers will enjoy the diverse dining experiences, from New England Seafood to high-end restaurants serving the local specialty, Clam Chowder. In addition, Cambridge hosts various events throughout the year, such as the Cambridge Arts River Festival, the Harvard Film Archive screenings, and the MIT Museum exhibitions.

With its bustling streets, iconic architecture, and numerous cultural and recreational opportunities, Cambridge is a great place to call home for those who seek an urban lifestyle with an academic atmosphere.

Rental Market Trends

Cambridge, MA

As of April 2025, Cambridge's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Cambridge's average rent is 21.5% ($584) higher than the Massachusetts average of $2,722 and 83.8% ($1,507) higher than the U.S. average of $1,799.

Average Rent
$3,306
Monthly ChangeMonth Over Month Change
Increased1.4% ($46)
Yearly ChangeYear Over Year Change
Decreased5.2% ($180)
Avg. Days on MarketAverage Days on Market
21
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,965 Increased6.5% ($182) Increased3.1% ($90)
2 Beds $4,059 Increased1% ($41) Increased2.9% ($114)
3 Beds $4,687 Increased4.8% ($214) Decreased6.1% ($304)
Nearby Cities Average Rent Avg. Rent vs. CambridgeAverage Rent vs. Cambridge Avg. Days on MarketAverage Days on Market
Somerville $2,798 Decreased15.4% ($508) 23 days
Allston $2,774 Decreased16.1% ($532) 40 days
Charlestown $3,630 Increased9.8% ($324) 35 days
Boston $3,725 Increased12.7% ($419) 30 days
Roxbury Crossing $3,219 Decreased2.6% ($87) 47 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Cambridge Rental Market FAQs

Explore rental prices, market trends, and availability in Cambridge, MA.

The average rent in Cambridge, MA is $3,306 per month.
Homes in Cambridge typically rent for between $2,076 and $6,093 per month, with an average of $3,306 per month.
In Cambridge, the average rent for a 1-bedroom home is $2,965 per month, for a 2-bedroom home, $4,059 per month, and a 3-bedroom home is $4,687 per month.
The average rent in Cambridge is 83.8% ($1,507) higher than the national average of $1,799 per month.
The average rent in Cambridge has increased by 1.4% ($46) in the last month and decreased by 5.2% ($180) over the past year.
The rental market in Cambridge, MA, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Cambridge, MA, the average rental stays on the market for approximately 21 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 901 rental properties available in Cambridge, MA.
Based on the current averages, a household would need an annual income of $162,360 to comfortably afford a 2-bedroom home in Cambridge.
List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, and Craigslist Cambridge to attract quality tenants faster and take your listings to the next level.

Was this page helpful?  HelpfulUnhelpful