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City Report · MA

Concord

·8th most expensive in Massachusetts·One of the pricier rental markets in the US
Median rent (all units)
$3,570/mo
Year-over-Year
Stable
Month-over-Month
-0.5%
vs US Median
+$1,605
Stable (Monthly)
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Most AffordableMost Expensive
Concord · $3,570
More expensive than 96% of US cities · National median $1,965/mo
Affordability
60% of income
EXPENSIVE
0%30% benchmark60%+

At $3,570/mo, rent takes about 60% of the US median household income, well above the 30% benchmark.

Income to afford
$143,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Concord's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,780
1 BR
$2,940
2 BR
$3,480
3 BR
$4,190
4 BR+
$4,610
Research median
$3,480/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$42,840/yr
At $3,570/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.5% MoM), not inventory.
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Community

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

Can you afford rent in Concord on your salary?

At $3,570/mo, how Concord rent compares to typical pay (30% rule).

By apartment size

Concord rent by bedroom count

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

Local insights

Tips for renters in Concord

About renting in Concord, MA

Last updated: July 20, 2026

The median rent in Concord is $3,570/mo as of July 2026. A studio apartment averages $2,780/mo while a 2-bedroom runs $3,480/mo. One-bedroom apartments average $2,940/mo and 3-bedroom units go for $4,190/mo.

At 60% of estimated US median household income ($72,000/yr), Concord ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Concord an affordable city for renters?

Concord is considered expensive for renters. At $3,570/mo, rent takes approximately 60% of the US median household income ($72,000/yr). The standard benchmark is 30%. Concord significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Concord?

To keep rent at or below 30% of gross income, you would need to earn at least $143,000/year (~$69/hour full-time) to afford the median rent of $3,570/mo in Concord.

Is rent going up or down in Concord?

Rent in Concord has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Concord rent compare to other cities in Massachusetts?

Concord is one of the pricier cities in Massachusetts for rent, ranking #8 out of 107 tracked cities at $3,570/mo.

Which nearby cities are cheaper to rent in than Concord?

Several nearby cities have lower median rents than Concord ($3,570/mo): Acton ($2,424/mo), Billerica ($2,741/mo), Maynard ($2,833/mo).

How does Concord rent compare to the national average?

Concord's median rent of $3,570/mo is $1,605 (82%) above the US national median of $1,965/mo. Within Massachusetts, it ranks #8 out of 107 tracked cities.
Income Affordability
60%
EXPENSIVE

At $3,570/mo, rent takes ~60% of US median household income ($72,000/yr). The standard benchmark is 30%.

Concord 60%Benchmark 30%
State income tax5%
Run the Concord affordability calculator →
Lowest-rent ZIP codes in Concord
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Concord, MA

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