Average Rent in Worcester, MA↓ Rents falling 0.6% YoY
HUD FY2027 · Official government data · Updated annually · Metro pop. 861,664
Market Overview
Worcester, MA has rental prices ranging from $1,577/month to $2,915/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,587/month — 13% above the national average of $1,400/month. With a median household income of $93,561/year, spending $1,587/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.
How Worcester Compares
With an average 2-bedroom rent of $2,043/month, Worcester ranks #10 most expensive of the 22 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 fallen by $13/month (0.6%) over the past year, from $2,056 to $2,043. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
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 $63,480. The local median household income of $93,561 exceeds that threshold by $30,081, making Worcester relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Worcester, MA is $432,708, giving a price-to-rent ratio of 17.7. With a break-even horizon of approximately 18 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.
Fair Market Rents
HUD FY2027Is Worcester, MA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in MAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Lawrence | $1,677 | $1,809 | $2,367 | $2,820 | — |
| Lowell | $1,659 | $1,831 | $2,383 | $2,878 | — |
| Brockton | $1,678 | $1,842 | $2,409 | $3,015 | — |
| Boston | $2,440 | $2,518 | $3,008 | $3,584 | — |
| New Bedford | $1,297 | $1,305 | $1,668 | $1,987 | — |
| Providence | $1,423 | $1,509 | $1,879 | $2,302 | — |
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
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $432,708 home at 7% rate
Living in Worcester
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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⚖️Rent vs Buy in WorcesterIs it cheaper to rent or buy here?
💵Rent Affordability in WorcesterSalary needed to afford rent here
🗺️All Cities in MASee how Worcester ranks statewide
⚖️Compare WorcesterSide-by-side rent & cost of living with any city
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