Worcester rent growth lags behind state
Photo/Grant Welker
The 145 Front apartments in downtown Worcester
Worcester’s rents have increased by 0.8% year-over-year in a figure seeing the city lagging behind Massachusetts and the nation in rental price growth.
Worcester rents have increased 0.4% over the past month, and have increased marginally by 0.8% in comparison to the same time last year, according to a report released by the online data firm Apartment List. This lags behind the year-to-date growth of 2.3% for the state’s rent and 1.4% for the nation.
According to Apartment List, median rents in Worcester are $986 for a one-bedroom apartment and $1,256 for a two-bedroom. Cambridge is the most expensive of all Massachusetts' major cities, according to the report, with a median two-bedroom rent of $2,307. Brockton, where a two-bedroom goes for $1,565, is the only major city to see rents fall year-over-year, by 1%.
Apartment List uses private apartment listing data, and U.S. Census Bureau data to compile its reports.
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Rents are too pricey and you are writing an article stating that Worcester lags in rent price increases? People can't afford to live and eat and raise a family- Prices out in Boston are ridiculous! The rent prices need to come down, so people have AFFORDABLE housing. All the new apartment rents in Worcester are ridiculous- the only thing keeping the average price down is older places. The new ones charge too much for too little.
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