At $2,764/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.
Rent by unit size
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 →
12-month history
Last updated: September 25, 2026
What the numbers show
30% of the median household income ($104,102) is $2,603 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,550); a 3-bedroom is $3,080.
From Zillow's monthly rent index (ZORI) for Ipswich. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Ipswich, MA is majority owner-occupied, has a median income above the national average, 55.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Ipswich, MA has changed in 5 years
On the earnings side, the typical household in Ipswich, MA now reports about $104,102, up from $78,261 in 2021. Census counts show Ipswich, MA adding about 265 residents over the five-year window, up 5.7% on net. The renter share has eased from 39.8% to 37.9%, with owner-occupied housing accounting for the remainder.
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Can you afford rent in Ipswich on your salary?
At $2,764/mo, how Ipswich rent compares to typical pay (30% rule).
Ipswich rent by bedroom count
Median rent for each apartment size in Ipswich. Click any size for full breakdown.
Tips for renters in Ipswich
Last updated: September 25, 2026
The median rent in Ipswich is $2,764/mo as of September 2026. A studio apartment averages $2,000/mo while a 2-bedroom runs $2,550/mo. One-bedroom apartments average $2,140/mo and 3-bedroom units go for $3,080/mo.
At 32% of local median household income ($104,102/yr), Ipswich ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Ipswich?
How does Ipswich rent compare to other cities in Massachusetts?
Which nearby cities are cheaper to rent in than Ipswich?
At $2,764/mo, rent takes ~32% of Ipswich's median household income ($104,102/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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