Luxury Apartments for Rent in 01040
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Average Rent Trends in 01040
Rent in 01040 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,590 |
| Jul 2025 | $1,595 |
| Aug 2025 | $1,473 |
| Sep 2025 | $1,650 |
| Oct 2025 | $1,500 |
| Nov 2025 | $1,550 |
| Dec 2025 | $1,550 |
| Jan 2026 | $1,650 |
| Feb 2026 | $1,650 |
| Mar 2026 | $1,495 |
| Apr 2026 | $1,650 |
| May 2026 | $1,600 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,225 | $1,550 | $1,875 | $2,200 | $1,650 |
| Townhomes | $1,000 | $1,650 | $1,950 | — | $1,950 |
| Apartments and Condos | $1,175 | $1,500 | $1,825 | $2,200 | $1,600 |
| Houses | — | $1,900 | $2,300 | — | $2,000 |
Frequently Asked Questions about Rentals in 01040
- What is the average rent of an apartment in 01040?The average rent of an apartment in 01040 is $1,429 per month. This is about 26% lower than the national average.
- What is the average rent of a house in 01040?The average rent of a house in 01040 is $2,000 per month. This is about 4% higher than the national average.
- What is the average rent of a townhome in 01040?The average rent of a townhome in 01040 is $1,950 per month. This is about 1% higher than the national average.
- When is the average rent cheapest in 01040?In the last year, the average rent in 01040 was lowest in Aug 2025 when it was $1,473 per month.
- When is the average rent most expensive in 01040?In the last year, the average rent in 01040 was highest in Feb 2025 when it was $1,662 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 01040?The average rent of a 1 bedroom apartment in 01040 is $1,225 per month. That is about $75 less than the cost of a studio apartment.
- How many available rental listings are in 01040?There are 77 available rental listings in 01040.
- What are some cities near 01040?Some nearby cities include: Holyoke, Easthampton, Chicopee, South Hadley, Southampton, West Springfield. These cities may have more rental options to explore.