RentData

Average Rent in Worcester, MA Rents rising 11.6% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 861,664

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Worcester, MA has rental prices ranging from $1,429/month to $2,493/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,438/month — 3% above the national average of $1,400/month. With a median household income of $93,561/year, spending $1,438/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How Worcester Compares

With an average 2-bedroom rent of $1,854/month, Worcester ranks #11 most expensive of the 21 cities tracked in Massachusetts — pricier than 97% of all US cities in our data.

The Worcester Rental Market

The Worcester, MA area has a population of about 861,664 and 34% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Worcester, MA have risen by $193/month (11.6%) over the past year, from $1,661 to $1,854. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Worcester, MA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $57,520. The local median household income of $93,561 exceeds that threshold by $36,041, making Worcester relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Worcester, MA is $439,503, giving a price-to-rent ratio of 19.8. With a break-even horizon of approximately 20 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Fair Market Rents

HUD FY2025
Studio
$1,429
Affordable
1 Bedroom
$1,438
Affordable
2 Bedrooms
$1,854
11.6% YoY
Affordable
3 Bedrooms
$2,265
Affordable
4 Bedrooms
$2,493
Average
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Median Home Value
$439,503
Source: Zillow ZHVI
Est. monthly payment
$2,339/mo
20% down · 30yr · 7%

Is Worcester, MA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$74,160/year
Local median income: $93,561
To buy a median home
$93,569/year
US national median: $75,000
💡 Based on a 2BR rent of $1,854/month and 20% down on a $439,503 home at 7% rate.

Nearby Cities in MAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Lawrence$1,346$1,498$1,963$2,365
Brockton$1,607$1,652$2,155$2,730
Lowell$1,537$1,709$2,242$2,701
Boston$2,263$2,394$2,837$3,418
New Bedford$1,081$1,177$1,448$1,745
Providence$1,233$1,319$1,614$1,945

Rent or Buy in Worcester?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Worcester data

$
Home Value
$439,503
2BR Rent
$1,854/mo
Mortgage Rate
7%
Monthly P&I
$2,339/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $3,237/movs rent: $1,854/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $439,503 home at 7% rate

20% — $87,901
3%50%
Estimated Monthly Payment
$2,339
per month · 30 years · 7% APR
Loan Amount
$351,602
Total Paid
$842,119
Total Interest
$490,517
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Worcester

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Frequently Asked Questions

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🏘️Neighborhoods in Worcester

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⚖️Rent vs Buy in Worcester

Is it cheaper to rent or buy here?

💵Rent Affordability in Worcester

Salary needed to afford rent here

🗺️All Cities in MA

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📋MA Tenant Rights

Deposit limits, eviction laws & renters protections