City Report · MA

Billerica

·56th most expensive in Massachusetts·One of the pricier rental markets in the US
Median rent (all units)
$2,764/mo
Year-over-Year
+3.4%
Month-over-Month
+0.8%
vs US Median
+$802
Rising (Monthly)
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Most AffordableMost Expensive
Billerica · $2,764
More expensive than 86% of US cities · National median $1,962/mo
Rent Reality Score
65/100
Good value
OverheatedFairGreat value

Rents are 8% below what Billerica's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,764/mo
Expected by trend
$2,990/mo
The Rent Reality Score compares today's median rent to where Billerica's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,840
1 BR
$2,005
2 BR
$2,610
3 BR
$3,145
4 BR+
$3,460
Fair Market Rent (HUD)
$2,610/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,764 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$33,168/yr
At $2,764/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.4% YoY, +0.8% MoM), not inventory.
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2021 vs 2026

How Billerica, MA has changed in 5 years

Rent
$2,020 → $2,764
up 36.8%

Across the past five years, the going rent in Billerica, MA has shifted from $2,020 to $2,764, up 36.8% since 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Billerica, MA reflects that arc in its own way.

Community

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View Billerica rent history (2015–2026) →
Salary vs rent

Can you afford rent in Billerica on your salary?

At $2,764/mo, how Billerica rent compares to typical pay (30% rule).

By apartment size

Billerica rent by bedroom count

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

Local insights

Tips for renters in Billerica

About renting in Billerica, MA

Last updated: August 17, 2026

The median rent in Billerica is $2,764/mo as of August 2026. A studio apartment averages $1,840/mo while a 2-bedroom runs $2,610/mo. One-bedroom apartments average $2,005/mo and 3-bedroom units go for $3,145/mo.

At 46% of estimated US median household income ($72,000/yr), Billerica ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.

FAQ

Frequently asked questions

Is Billerica an affordable city for renters?

Billerica is considered stretched for renters. At $2,764/mo, rent takes approximately 46% of the US median household income ($72,000/yr). The standard benchmark is 30%. Billerica significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Billerica?

To keep rent at or below 30% of gross income, you would need to earn at least $111,000/year (~$53/hour full-time) to afford the median rent of $2,764/mo in Billerica.

Is rent going up or down in Billerica?

Rent in Billerica has increased 3.4% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Billerica neighborhoods have the lowest rent?

The most affordable ZIP codes in Billerica are 01862 ($2,712/mo), and 01821 ($2,767/mo). Citywide, the median rent in Billerica is $2,764/mo.

How does Billerica rent compare to other cities in Massachusetts?

Billerica is middle-of-the-pack for Massachusetts for rent, ranking #56 out of 112 tracked cities at $2,764/mo.

Which nearby cities are cheaper to rent in than Billerica?

Lowell is nearby and more affordable at $2,304/mo, which is $460 less than Billerica.

How does Billerica rent compare to the national average?

Billerica's median rent of $2,764/mo is $802 (41%) above the US national median of $1,962/mo. Within Massachusetts, it ranks #56 out of 112 tracked cities.
Income Affordability
46%
STRETCHED

At $2,764/mo, rent takes ~46% of US median household income ($72,000/yr). The standard benchmark is 30%.

Billerica 46%Benchmark 30%
State income tax5%
Run the Billerica affordability calculator →
Lowest-rent ZIP codes in Billerica
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Billerica, MA

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