Which #city in #Massachusetts has the most #expensive #rent?

Which city in Massachusetts has the most expensive rent?

Renting in Cambridge will cost you a pretty penny. Rents there are the most expensive in the state, while further north, rents are growing the fastest in Lawrence, according to Zumper’s Boston Metro Area Report, which analyzed 15 cities across the Commonwealth to find the most- and least-expensive locations, as well as those with the fastest-growing rents.
In Cambridge, a typical one-bedroom apartment goes for $2,580, followed by Boston, at $2,410, and Brookline, at $2,200.
Five North Shore communities had the least-expensive rents, with Haverhill being the most affordable, with the typical one-bedroom priced at $1,420 per month, followed by Salem and Malden, which both have rents at $1,670, and Medford and Beverly, with rents at $1,730.
Lawrence had the fastest-growing rent, with an 18.7% annual increase. It was followed by Melrose, where rents grew 12.2%, and Cambridge, where they increased 9.3% from last year.
Three North Shore communities had the largest declines in rent year over year. Rents in Medford fell 12.2%, Beverly’s rents were down 10.4%, and rents in Malden declined 7.2%.
The post Which city in Massachusetts has the most expensive rent? appeared first on Boston Agent Magazine.

Homebuyers: For access to all listings and to find a homebuyers real estate agent that will represent only your interests call 800-935-6222 or click the button below to connect with MABA. At MABA we got you!

First Time Home Buying in Massachusetts

MABA Buyer Agents help first time home buyers reduce the stress and frustration normally associated with buying a home or condo – especially for first time home buyers.

As a first time homebuyer in Massachusetts, you can turn to our non-profit organization to help you understand and navigate the complexities of the entire Massachusetts real estate transaction, from mortgage pre-approval until you are handed the keys to your new home or condominium. Each of our member buyer's brokers and agents works only for their buyer-clients and never for the seller of the home or condo that their buyers want to buy.

MABA Buyer Agents will take the time to learn about you and your real estate goals, help you understand your options, including first time home buyer programs, properties and/or condominium associations, estimate real property values and put together a negotiating strategy to help you increase the odds of getting your offer accepted in our competitive Massachusetts real estate market. After advocating to get your offer accepted, your MABA buyer's agent will be there for you at your home inspection and help you protect your deposit through the inspection, purchase & sale and financing contingency periods.

You can buy your first home or condo with confidence knowing that your MABA buyer agent is committed to saving you time and money and helping you make your best home buying decision.