Average Rent in Boston-Cambridge-Quincy, MA
The Fair Market Rent for a 2-bedroom in Boston-Cambridge-Quincy, MA is $2,941 per month, based on HUD data. With a median household income of $112,484, a household would spend 31.4% of income on housing at Fair Market Rent. Rent has increased 4.0% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $2,359 |
| 1 Bedroom | $2,476 |
| 2 Bedroom | $2,941 |
| 3 Bedroom | $3,526 |
| 4 Bedroom | $3,894 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $112,484 |
| Rent Burden (2BR FMR / Income) | 31.4% |
| Income Needed for 2BR (30% rule) | $117,640/yr |