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Somerville, MA Market Trends

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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.

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

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