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Somerville, MA Market Trends

949 active listings analyzed.

Median Rent by Bedroom

733 active rentals.

Studio
Median
$2,829
64 listed
1-Bed
Median
$3,400
197 listed
2-Bed
Median
$3,700
190 listed
3-Bed
Median
$3,872
136 listed
4-Bed
Median
$4,800
91 listed
5+ Bed
Median
$6,950
55 listed

Median Sale Price by Bedroom

208 active for-sale listings.

Studio
Median
$1,900,000
4 listed
1-Bed
Median
$579,000
19 listed
2-Bed
Median
$837,400
48 listed
3-Bed
Median
$1,058,500
42 listed
4-Bed
Median
$1,250,000
31 listed
5+ Bed
Median
$1,597,000
64 listed

Commercial for Sale

Listings
8
Median Price
$2,175,000
Range
$799,900 – $3,800,000

Federal Housing Benchmarks — Massachusetts (2024)

HUD FMR Studio
$1,493
HUD FMR 1BR
$1,597
HUD FMR 2BR
$2,044
HUD FMR 3BR
$2,551
HUD FMR 4BR
$2,915
HUD FMR 5BR+
$3,352

Census median gross rent: $1,848. Census median home value: $607,400. Housing vacancy rate: 7.5%.

Source: HUD FMR FY2026 + Census ACS 2024 + HUD CHAS. HUD Fair Market Rents are payment standards, not asking rents; 5BR+ estimated as 4BR +15%.

Neighborhoods in Somerville

INMAN SQUARE 330 ASSEMBLY SQUARE 154 DAVIS SQUARE 75 WINTER HILL 69 EAST SOMERVILLE 68 UNION SQUARE 56 WEST SOMERVILLE 48 Near Porter 33 TUFTS UNIVERSITY AREA 29 KIRKLAND VILLAGE 29 SPRING HILL 24 MAGOUN SQUARE 19 BALL SQUARE 18 TEELE SQUARE 15 POWDERHOUSE SQUARE 8 PROSPECT HILL 5
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Listing data via the BostonApartments.com / ApartmentAds.com network, updated daily.