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City Report · MA

Maynard

Pop. 10,712·83rd most expensive in Massachusetts·Maynard rents have dropped 5.5%, currently a renter's market
Median rent (all units)
$2,384/mo
Year-over-Year
-5.5%
Month-over-Month
-15.8%
vs US Median
+$422
Falling (Monthly)
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Most AffordableMost Expensive
Maynard · $2,384
More expensive than 75% of US cities · National median $1,962/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,384/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$95,000/yr
Local median income
$124,067/yr
Based on the 30%-of-income rule using Maynard'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
Fair Market Rent (HUD)
$2,550/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,384 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
$28,608/yr
At $2,384/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.5% YoY, -15.8% MoM), not inventory.
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Demographics

Who lives here

Maynard, MA is majority owner-occupied, has a median income above the national average, 64.2% of residents hold a bachelor's degree or higher.

Population
10,712
Median income
$124,067
Median age
45.3
Renters
25%
Age distribution
16.9%
16%
30.6%
18.3%
18.2%
Under 1816.9%
18–3416%
35–5430.6%
55–6418.3%
65+18.2%
Gender
51.9%
48.1%
Male51.9%
Female48.1%
Race & ethnicity
81.6%
White81.6%
Black1.6%
Hispanic3.7%
Asian5.7%
Other7.3%
Education (25+)
20.1%
64.2%
No HS diploma5.1%
HS diploma10.5%
Some college20.1%
Bachelor's+64.2%
Housing tenure
75%
25%
Owner75%
Renter25%

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

2021 vs 2026

How Maynard, MA has changed in 5 years

Income
$112,432 → $124,067
up 10.3%
Population
10,702 → 10,712
up 0.1%
Renter share
21.1% → 25%
+3.9 pts
Bachelor's+
57.1% → 64.2%
+7.1 pts
Median age
40.5 → 45.3
+4.8 yrs

Census figures show median household income at $124,067 today, compared with $112,432 five years earlier. Renters now make up 25% of households, compared with 21.1% five years ago. College-educated residents now make up 64.2% of adults here, versus 57.1% in 2021.

Community

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

Can you afford rent in Maynard on your salary?

At $2,384/mo, how Maynard rent compares to typical pay (30% rule).

By apartment size

Maynard rent by bedroom count

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

Local insights

Tips for renters in Maynard

About renting in Maynard, MA

Last updated: August 17, 2026

The median rent in Maynard is $2,384/mo as of August 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 23% of local median household income ($124,067/yr), Maynard ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.5% over the past year.

FAQ

Frequently asked questions

Is Maynard an affordable city for renters?

Maynard is considered very affordable for renters. At $2,384/mo, rent takes approximately 23% of the local median household income ($124,067/yr). The standard benchmark is 30%. Maynard falls comfortably within that range.

How much income do you need to rent in Maynard?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (~$46/hour full-time) to afford the median rent of $2,384/mo in Maynard. The local median household income is $124,067/yr, meaning the typical Maynard household meets that threshold.

Is rent going up or down in Maynard?

Rent in Maynard has decreased 5.5% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Maynard rent compare to other cities in Massachusetts?

Maynard is one of the more affordable cities in Massachusetts for rent, ranking #83 out of 112 tracked cities at $2,384/mo.

Which nearby cities are cheaper to rent in than Maynard?

Boxboro is nearby and more affordable at $1,938/mo, which is $446 less than Maynard.

What percentage of Maynard residents rent vs. own?

According to Census data, approximately 25% of Maynard households are renters, while 75% are owner-occupied. Maynard leans toward homeownership, which can mean a smaller rental inventory.

How does Maynard rent compare to the national average?

Maynard's median rent of $2,384/mo is $422 (22%) above the US national median of $1,962/mo. Within Massachusetts, it ranks #83 out of 112 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $2,384/mo, rent takes ~23% of Maynard's median household income ($124,067/yr). The standard benchmark is 30%.

Maynard 23%Benchmark 30%
State income tax5%
Run the Maynard affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Maynard, MA

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