City Report · MA

Fall River

Pop. 94,082·101st most expensive in Massachusetts·Rental market data updated monthly for Fall River, MA
Median rent (all units)
$1,811/mo
Year-over-Year
+3.1%
Month-over-Month
-0.4%
vs US Median
-$154
Stable (Monthly)
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Most AffordableMost Expensive
Fall River · $1,811
More affordable than 53% of US cities · National median $1,965/mo
Rent Reality Score
70/100
Good value
OverheatedFairGreat value

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

Actual rent
$1,811/mo
Expected by trend
$2,011/mo
The Rent Reality Score compares today's median rent to where Fall River's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,170
1 BR
$1,260
2 BR
$1,530
3 BR
$1,850
4 BR+
$2,290
Research median
$1,530/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
$21,732/yr
At $1,811/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.1% YoY, -0.4% MoM), not inventory.
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Demographics

Who lives here

Fall River, MA is majority renter-occupied, has a median income below the national average, 16.4% of residents hold a bachelor's degree or higher.

Population
94,082
Median income
$56,673
Median age
39.3
Renters
64.7%
Age distribution
19.9%
23.9%
26.7%
13.4%
16.1%
Under 1819.9%
18–3423.9%
35–5426.7%
55–6413.4%
65+16.1%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
69.9%
13.5%
White69.9%
Black6.4%
Hispanic13.5%
Asian2.7%
Other7.4%
Education (25+)
23.5%
34.7%
25.3%
16.4%
No HS diploma23.5%
HS diploma34.7%
Some college25.3%
Bachelor's+16.4%
Housing tenure
35.3%
64.7%
Owner35.3%
Renter64.7%

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

2021 vs 2026

How Fall River, MA has changed in 5 years

Rent
$1,216 → $1,811
up 48.9%
Income
$49,613 → $56,673
up 14.2%
Population
93,339 → 94,082
up 0.8%
Renter share
63.7% → 64.7%
+1.0 pts
Bachelor's+
15.7% → 16.4%
+0.7 pts

Rent in Fall River, MA has increased 48.9% since 2021, going from about $1,216 per month to roughly $1,811 today. Household income in the area moved from $49,613 to $56,673 across the same window, up 14.2% versus 2021. Rent outpaced income growth by roughly 34.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Reading these numbers side by side helps frame whether current listings in Fall River, MA look reasonable against where the market sat half a decade ago.

Community

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View Fall River rent history (2015–2026) →
Salary vs rent

Can you afford rent in Fall River on your salary?

At $1,811/mo, how Fall River rent compares to typical pay (30% rule).

By apartment size

Fall River rent by bedroom count

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

Local insights

Tips for renters in Fall River

About renting in Fall River, MA

Last updated: July 20, 2026

The median rent in Fall River is $1,811/mo as of July 2026. A studio apartment averages $1,170/mo while a 2-bedroom runs $1,530/mo. One-bedroom apartments average $1,260/mo and 3-bedroom units go for $1,850/mo.

At 38% of local median household income ($56,673/yr), Fall River ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.1% over the past year.

FAQ

Frequently asked questions

Is Fall River an affordable city for renters?

Fall River is considered moderate for renters. At $1,811/mo, rent takes approximately 38% of the local median household income ($56,673/yr). The standard benchmark is 30%. Fall River slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Fall River?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,811/mo in Fall River. The local median household income is $56,673/yr, meaning the typical Fall River household falls short of that threshold.

Is rent going up or down in Fall River?

Rent in Fall River has increased 3.1% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Fall River neighborhoods have the lowest rent?

The most affordable ZIP codes in Fall River are 02721 ($1,731/mo), 02723 ($1,756/mo), and 02720 ($1,898/mo). Citywide, the median rent in Fall River is $1,811/mo.

How does Fall River rent compare to other cities in Massachusetts?

Fall River is one of the more affordable cities in Massachusetts for rent, ranking #101 out of 107 tracked cities at $1,811/mo.

What percentage of Fall River residents rent vs. own?

According to Census data, approximately 64.7% of Fall River households are renters, while 35.3% are owner-occupied. With a majority renter population, Fall River has a strong rental market.

How does Fall River rent compare to the national average?

Fall River's median rent of $1,811/mo is $154 (8%) below the US national median of $1,965/mo. Within Massachusetts, it ranks #101 out of 107 tracked cities.
Income Affordability
38%
MODERATE

At $1,811/mo, rent takes ~38% of Fall River's median household income ($56,673/yr). The standard benchmark is 30%.

Fall River 38%Benchmark 30%
State income tax5%
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fall River, MA

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