City Report · MA

Shrewsbury

·91st most expensive in Massachusetts·Shrewsbury rents have dropped 7.1%, currently a renter's market
Median rent (all units)
$2,303/mo
Year-over-Year
-7.1%
Month-over-Month
-4.0%
vs US Median
+$341
Falling (Monthly)
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Most AffordableMost Expensive
Shrewsbury · $2,303
More expensive than 73% of US cities · National median $1,962/mo
Rent Reality Score
80/100
Great value
OverheatedFairGreat value

Rents are 15% below what Shrewsbury's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,303/mo
Expected by trend
$2,707/mo
The Rent Reality Score compares today's median rent to where Shrewsbury's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,950
1 BR
$1,960
2 BR
$2,530
3 BR
$3,090
4 BR+
$3,400
Fair Market Rent (HUD)
$2,530/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,303 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
$27,636/yr
At $2,303/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 7.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-7.1% YoY, -4.0% MoM), not inventory.
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2021 vs 2026

How Shrewsbury, MA has changed in 5 years

Rent
$1,778 → $2,303
up 29.5%

Five years ago, renters in Shrewsbury, MA paid around $1,778 a month. That figure now sits near $2,303, up 29.5% from the 2021 baseline. Reading these numbers side by side helps frame whether current listings in Shrewsbury, MA look reasonable against where the market sat half a decade ago.

Community

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

Can you afford rent in Shrewsbury on your salary?

At $2,303/mo, how Shrewsbury rent compares to typical pay (30% rule).

By apartment size

Shrewsbury rent by bedroom count

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

Local insights

Tips for renters in Shrewsbury

About renting in Shrewsbury, MA

Last updated: August 17, 2026

The median rent in Shrewsbury is $2,303/mo as of August 2026. A studio apartment averages $1,950/mo while a 2-bedroom runs $2,530/mo. One-bedroom apartments average $1,960/mo and 3-bedroom units go for $3,090/mo.

At 38% of estimated US median household income ($72,000/yr), Shrewsbury ranks as moderate compared to the national benchmark of 30%. Rents have decreased 7.1% over the past year.

FAQ

Frequently asked questions

Is Shrewsbury an affordable city for renters?

Shrewsbury is considered moderate for renters. At $2,303/mo, rent takes approximately 38% of the US median household income ($72,000/yr). The standard benchmark is 30%. Shrewsbury slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Shrewsbury?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,303/mo in Shrewsbury.

Is rent going up or down in Shrewsbury?

Rent in Shrewsbury has decreased 7.1% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Shrewsbury rent compare to other cities in Massachusetts?

Shrewsbury is one of the more affordable cities in Massachusetts for rent, ranking #91 out of 112 tracked cities at $2,303/mo.

Which nearby cities are cheaper to rent in than Shrewsbury?

Several nearby cities have lower median rents than Shrewsbury ($2,303/mo): Clinton ($2,077/mo), Worcester ($2,161/mo).

How does Shrewsbury rent compare to the national average?

Shrewsbury's median rent of $2,303/mo is $341 (17%) above the US national median of $1,962/mo. Within Massachusetts, it ranks #91 out of 112 tracked cities.
Income Affordability
38%
MODERATE

At $2,303/mo, rent takes ~38% of US median household income ($72,000/yr). The standard benchmark is 30%.

Shrewsbury 38%Benchmark 30%
State income tax5%
Run the Shrewsbury affordability calculator →
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Neighborhoods

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Public schools near Shrewsbury, MA

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