Cheap Apartments for Rent in 02138
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SPECIAL OFFER$2,150 - $2,850/moFees may apply
Studio-2 Beds
1 BathHomer Apartments | 66 Homer Ave #501,
Cambridge, MA 02138
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APPLY INSTANTLYPET FRIENDLY$2,250 - $3,100/moFees may applyStudio-1 Bed1 Bath5 Concord Ave,Cambridge | 5 Concord Ave #ca041dc43,
Cambridge, MA 02138
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Average Rent Trends in 02138
Rent in 02138 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $3,300 |
| Aug 2025 | $3,250 |
| Sep 2025 | $3,200 |
| Oct 2025 | $3,145 |
| Nov 2025 | $3,000 |
| Dec 2025 | $3,000 |
| Jan 2026 | $2,995 |
| Feb 2026 | $3,100 |
| Mar 2026 | $3,200 |
| Apr 2026 | $3,270 |
| May 2026 | $3,395 |
| Jun 2026 | $3,420 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,950 | $3,850 | $4,900 | $6,300 | $3,420 |
| Townhomes | $1,300 | $3,800 | $6,300 | $7,250 | $6,300 |
| Apartments and Condos | $2,950 | $3,825 | $4,900 | $5,650 | $3,400 |
| Houses | $2,912 | $5,500 | $4,250 | $12,500 | $6,000 |
Frequently Asked Questions about Rentals in 02138
- What is the average rent of an apartment in 02138?The average rent of an apartment in 02138 is $3,284 per month. This is about 68% higher than the national average.
- What is the average rent of a house in 02138?The average rent of a house in 02138 is $6,000 per month. This is about 208% higher than the national average.
- What is the average rent of a townhome in 02138?The average rent of a townhome in 02138 is $6,300 per month. This is about 223% higher than the national average.
- When is the average rent cheapest in 02138?In the last year, the average rent in 02138 was lowest in Jan 2025 when it was $3,000 per month.
- When is the average rent most expensive in 02138?In the last year, the average rent in 02138 was highest in May 2025 when it was $3,395 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 02138?The average rent of a 1 bedroom apartment in 02138 is $2,950 per month. That is about $450 more than the cost of a studio apartment.
- How many available rental listings are in 02138?There are 551 available rental listings in 02138.
- What are some cities near 02138?