Apartments in Bear Hill Woburn

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0
$2,000
Woburn, MA
1 BR | Available Now
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Montvale
1
$2,900
Stoneham, MA
2 BR | Available Now
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Disability Access
Dishwasher
12
$3,095
22 26 Pomeworth St Stoneham, MA
2 BR | Available Now
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Disability Access
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Nobility Hill
22
$3,300
Winchester, MA
2 BR | Available Now
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Dishwasher
0
$1,875 - 1,975
119 W Wyoming Ave Melrose, MA
1 BR | Available Now
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Cat Friendly
Wyoming
20
$4,800
Melrose, MA
5 BR | Nov. 16, 2024
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Wyoming
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Woburn:
November Rent Report

Welcome to the November 2024 Woburn Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Woburn rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Woburn and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Woburn average rent prices in the chart below.

Monthly Rent Report

$3,450
$2,590
$1,730
$860
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Woburn Rent Prices Decrease From October to November

Woburn rent prices decreased over the last month. From October to November, the city experienced a -0.23% decrease for the price of a one-bedroom apartment. The rent price for a Woburn one-bedroom apartments currently stands at $2,638.0.

When we take a look at the two-bedroom comparison from October to November, Woburn experienced a -0.24% decrease for the price of a two-bedroom apartment. The rent price for a Woburn two-bedroom apartments currently stands at $3,350.0.

November Prices: Woburn vs. Surrounding Areas

Rent Prices in Woburn and Surrounding Areas

Rent prices have decreased in Woburn over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Woburn suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Woburn suburbs

  • Rents did not decrease in any of the Woburn suburbs.

November 2024 Pricing Trends: Woburn vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Woburn Rent Prices More Affordable Than Major Cities

Rent growth in Woburn over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Woburn average rent prices appear to be relatively affordable for local residents.

The price for a Woburn one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Woburn and surrounding area rent prices, take a look at the complete data set below.

Data set for Woburn and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.