How much does it cost to rent in Belmont, MA?

As of July 2026, the median monthly rent in Belmont, MA is $3,249. This figure is based on aggregated data from public sources and community-submitted rents.

Is Belmont cheaper than other Massachusetts cities?

Belmont is one of the pricier cities in Massachusetts, ranking #13 out of 107 cities tracked at $3,249/mo.

When was Belmont rent data last updated?

Belmont rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MA

Belmont

Name: Average Rent Prices in Belmont, MA
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 27,175·13th most expensive in Massachusetts·Belmont rents are up 10.3% over the past year

Median rent (all units)

$3,249/mo

Year-over-Year

+10.3%

Month-over-Month

+0.8%

vs US Median

+$1,284

Rising (Monthly)

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Most AffordableMost Expensive

Belmont · $3,249

More expensive than 94% of US cities · National median $1,965/mo

Rent Reality Score

41/100

Fairly priced

OverheatedFairGreat value

Rents are 5% above what Belmont's 10-year trend predicts — running hotter than its own history.

Actual rent

$3,249/mo

Expected by trend

$3,104/mo

The Rent Reality Score compares today's median rent to where Belmont's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,570

1 BR

$2,720

2 BR

$3,220

3 BR

$3,880

4 BR+

$4,270

Research median

$3,220/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$38,988/yr

At $3,249/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 10.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+10.3% YoY, +0.8% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Belmont, MA is majority owner-occupied, has a median income above the national average, 80.9% of residents hold a bachelor's degree or higher.

Population

27,175

Median income

$183,137

Median age

42.9

Renters

35.3%

Age distribution

24.2%

14%

29.8%

12.8%

19.3%

Under 1824.2%

18–3414%

35–5429.8%

55–6412.8%

65+19.3%

Gender

48.2%

51.8%

Male48.2%

Female51.8%

Race & ethnicity

69.3%

19.5%

White69.3%

Black1.6%

Hispanic4.9%

Asian19.5%

Other4.7%

Education (25+)

80.9%

No HS diploma2.3%

HS diploma7.5%

Some college9.3%

Bachelor's+80.9%

Housing tenure

64.7%

35.3%

Owner64.7%

Renter35.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Belmont, MA has changed in 5 years

Rent

$2,522 → $3,249

up 28.8%

Income

$151,502 → $183,137

up 20.9%

Population

27,056 → 27,175

up 0.4%

Renter share

36.6% → 35.3%

-1.3 pts

Bachelor's+

77.4% → 80.9%

+3.5 pts

Median age

41.5 → 42.9

+1.4 yrs

Rent in Belmont, MA has increased 28.8% since 2022, going from about $2,522 per month to roughly $3,249 today. Local incomes tracked alongside that move, going from a median of $151,502 in 2021 to $183,137 more recently. Rent outpaced income growth by roughly 7.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 77.4% to 80.9%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Belmont, MA market of 2022.

Community

Discussions about Belmont

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View Belmont rent history (2015–2026) →

Salary vs rent

Can you afford rent in Belmont on your salary?

At $3,249/mo, how Belmont rent compares to typical pay (30% rule).

Registered Nurse

Avg $109,597/yr · Rent = 35.6% income

stretched

Elementary School Teacher

Avg $77,813/yr · Rent = 50.1% income

severely rent-burdened

Police Officer

Avg $89,633/yr · Rent = 43.5% income

rent-burdened

Software Developer

Avg $160,208/yr · Rent = 24.3% income

affordable

Lawyer

Avg $204,705/yr · Rent = 19% income

very comfortable

Firefighter

Avg $72,860/yr · Rent = 53.5% income

severely rent-burdened

Truck Driver

Avg $65,784/yr · Rent = 59.3% income

severely rent-burdened

Electrician

Avg $81,084/yr · Rent = 48.1% income

rent-burdened

By apartment size

Belmont rent by bedroom count

Median rent for each apartment size in Belmont. Click any size for full breakdown.

Local insights

Tips for renters in Belmont

About renting in Belmont, MA

Last updated: July 20, 2026

The median rent in Belmont is $3,249/mo as of July 2026. A studio apartment averages $2,570/mo while a 2-bedroom runs $3,220/mo. One-bedroom apartments average $2,720/mo and 3-bedroom units go for $3,880/mo.

At 21% of local median household income ($183,137/yr), Belmont ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.3% over the past year.

FAQ

Frequently asked questions

Is Belmont an affordable city for renters?

Belmont is considered very affordable for renters. At $3,249/mo, rent takes approximately 21% of the local median household income ($183,137/yr). The standard benchmark is 30%. Belmont falls comfortably within that range.

How much income do you need to rent in Belmont?

To keep rent at or below 30% of gross income, you would need to earn at least $130,000/year (~$63/hour full-time) to afford the median rent of $3,249/mo in Belmont. The local median household income is $183,137/yr, meaning the typical Belmont household meets that threshold.

Is rent going up or down in Belmont?

Rent in Belmont has increased 10.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Belmont rent compare to other cities in Massachusetts?

Belmont is one of the pricier cities in Massachusetts for rent, ranking #13 out of 107 tracked cities at $3,249/mo.

Which nearby cities are cheaper to rent in than Belmont?

Several nearby cities have lower median rents than Belmont ($3,249/mo): Waltham ($3,042/mo), Arlington ($3,043/mo), Watertown ($3,124/mo).

What percentage of Belmont residents rent vs. own?

According to Census data, approximately 35.3% of Belmont households are renters, while 64.7% are owner-occupied. Belmont leans toward homeownership, which can mean a smaller rental inventory.

How does Belmont rent compare to the national average?

Belmont's median rent of $3,249/mo is $1,284 (65%) above the US national median of $1,965/mo. Within Massachusetts, it ranks #13 out of 107 tracked cities.

Income Affordability

21%

VERY AFFORDABLE

At $3,249/mo, rent takes ~21% of Belmont's median household income ($183,137/yr). The standard benchmark is 30%.

Belmont 21%Benchmark 30%

State income tax5%

Run the Belmont affordability calculator →

Nearby cities