How Expensive is it to Rent an Apartment in Cambridge, MA?
If you are considering moving to Cambridge, Massachusetts and want to know about the cost of renting an apartment, this guide will provide you with all the relevant information. Understanding the expenses involved in renting an apartment in Cambridge can help you plan your budget effectively and make informed decisions about your housing options.
Benefits of "How Expensive is it to Rent an Apartment in Cambridge, MA":
- Comprehensive Cost Analysis:
- This guide provides a detailed breakdown of the average rental prices in different neighborhoods of Cambridge, allowing you to compare and choose the most suitable location for your needs and budget.
- It also covers various apartment types, such as studios, one-bedroom, two-bedroom, and so on, providing you with a clear picture of the price range for each category.
- Insights into Amenities and Facilities:
- In addition to rental prices, this guide includes information about the amenities and facilities offered by different apartments in Cambridge. You can find out about features like parking availability, laundry facilities, fitness centers, and more, helping you assess the overall value for money.
- Neighborhood Descriptions:
- The guide presents an overview of the different neighborhoods in Cambridge, highlighting their unique characteristics, proximity to educational
O For example, Cambridge (alongside Oxford) has the second highest average rent for two-bedroom homes in England, outside of London. o Cambridge (along with two other authorities) also has the fourth highest lower quartile rent for one-bedroom homes in England, outside of London.
Is it expensive to live in Cambridge MA?
Yes, it's extremely expensive. Cambridge has some of the highest housing costs in Massachusetts, which is a state with high housing costs. Cambridge is not quite as expensive as San Francisco in general, but it's close.
Why is rent in Cambridge MA so expensive?
It was the third most expensive large city for renting nationwide. There are myriad reasons for such high rents in the Boston area, including zoning regs, opposition to multifamily development, and a growth in population that has caused demand for housing to perennially outstrip supply.
Is Cambridge MA cheap to live in?
The cost of living in Cambridge/Boston is high. The minimum estimate for a single person is $1,900-$2,500 per month.
What salary do you need to live in Cambridge?
Cambridge was found to be the 8th most expensive city to rent in, requiring an average hourly wage of £19.81, or a yearly salary of £35,000, to secure a relatively affordable rent. Only London, Oxford, Bath, Canterbury, Winchester, Edinburgh and Bristol are more costly.
Is Airbnb allowed in Cambridge?
Landlords in Cambridge can enjoy relative freedom in terms of short-term rental regulations. Unlike some other cities, there is generally no requirement for planning permission or specific legal status for properties being used as short-term rentals.