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City Report · MA

Ipswich

Pop. 4,924·82nd most expensive in Massachusetts·Rental market data updated monthly for Ipswich, MA
Median rent (all units)
$2,400/mo
Year-over-Year
Stable
Month-over-Month
-5.3%
vs US Median
+$435
Falling (Monthly)
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Most AffordableMost Expensive
Ipswich · $2,400
More expensive than 78% of US cities · National median $1,965/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $2,400/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$96,000/yr
Local median income
$104,102/yr
Based on the 30%-of-income rule using Ipswich's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,000
1 BR
$2,140
2 BR
$2,550
3 BR
$3,080
4 BR+
$3,390
Research median
$2,550/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: April 17, 2026

Annual cost
$28,800/yr
At $2,400/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -5.3% MoM), not inventory.
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Demographics

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.

Population
4,924
Median income
$104,102
Median age
43.1
Renters
37.9%
Age distribution
20.1%
16.7%
36.6%
13.5%
13%
Under 1820.1%
18–3416.7%
35–5436.6%
55–6413.5%
65+13%
Gender
45.2%
54.8%
Male45.2%
Female54.8%
Race & ethnicity
90.1%
White90.1%
Hispanic4%
Asian3.4%
Other2.5%
Education (25+)
18.4%
23.8%
55.2%
No HS diploma2.6%
HS diploma18.4%
Some college23.8%
Bachelor's+55.2%
Housing tenure
62.1%
37.9%
Owner62.1%
Renter37.9%

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

2021 vs 2026

How Ipswich, MA has changed in 5 years

Income
$78,261 → $104,102
up 33.0%
Population
4,659 → 4,924
up 5.7%
Renter share
39.8% → 37.9%
-1.9 pts
Bachelor's+
54.7% → 55.2%
+0.5 pts
Median age
44.3 → 43.1
-1.2 yrs

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.

Community

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

Can you afford rent in Ipswich on your salary?

At $2,400/mo, how Ipswich rent compares to typical pay (30% rule).

By apartment size

Ipswich rent by bedroom count

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

Local insights

Tips for renters in Ipswich

About renting in Ipswich, MA

Last updated: April 17, 2026

The median rent in Ipswich is $2,400/mo as of April 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 28% of local median household income ($104,102/yr), Ipswich ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Ipswich an affordable city for renters?

Ipswich is considered affordable for renters. At $2,400/mo, rent takes approximately 28% of the local median household income ($104,102/yr). The standard benchmark is 30%. Ipswich falls comfortably within that range.

How much income do you need to rent in Ipswich?

To keep rent at or below 30% of gross income, you would need to earn at least $96,000/year (~$46/hour full-time) to afford the median rent of $2,400/mo in Ipswich. The local median household income is $104,102/yr, meaning the typical Ipswich household meets that threshold.

Is rent going up or down in Ipswich?

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

How does Ipswich rent compare to other cities in Massachusetts?

Ipswich is one of the more affordable cities in Massachusetts for rent, ranking #82 out of 108 tracked cities at $2,400/mo.

What percentage of Ipswich residents rent vs. own?

According to Census data, approximately 37.9% of Ipswich households are renters, while 62.1% are owner-occupied. Ipswich leans toward homeownership, which can mean a smaller rental inventory.

How does Ipswich rent compare to the national average?

Ipswich's median rent of $2,400/mo is $435 (22%) above the US national median of $1,965/mo. Within Massachusetts, it ranks #82 out of 108 tracked cities.
Income Affordability
28%
AFFORDABLE

At $2,400/mo, rent takes ~28% of Ipswich's median household income ($104,102/yr). The standard benchmark is 30%.

Ipswich 28%Benchmark 30%
State income tax5%
Run the Ipswich affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Ipswich, MA

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