How much does it cost to rent in Stoneham, MA?

As of July 2026, the median monthly rent in Stoneham, MA is $3,086. This figure is based on aggregated data from public sources and community-submitted rents.

Is Stoneham cheaper than other Massachusetts cities?

Stoneham is one of the pricier cities in Massachusetts, ranking #22 out of 107 cities tracked at $3,086/mo.

When was Stoneham rent data last updated?

Stoneham rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MA

Stoneham

Name: Average Rent Prices in Stoneham, MA
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 23,355·22nd most expensive in Massachusetts·Stoneham rents are up 6.6% over the past year

Median rent (all units)

$3,086/mo

Year-over-Year

+6.6%

Month-over-Month

-0.2%

vs US Median

+$1,121

Stable (Monthly)

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Most AffordableMost Expensive

Stoneham · $3,086

More expensive than 92% of US cities · National median $1,965/mo

Affordability

32% of income

MODERATE

0%30% benchmark60%+

At $3,086/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford

$123,000/yr

Local median income

$113,964/yr

Based on the 30%-of-income rule using Stoneham's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$2,060

1 BR

$2,180

2 BR

$2,580

3 BR

$3,110

4 BR+

$3,420

Research median

$2,580/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

$37,032/yr

At $3,086/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.6% YoY, -0.2% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Stoneham, MA is majority owner-occupied, has a large retiree population, has a median income above the national average, 55.9% of residents hold a bachelor's degree or higher.

Population

23,355

Median income

$113,964

Median age

42.2

Renters

29%

Age distribution

20.8%

17.5%

28.1%

13.3%

20.4%

Under 1820.8%

18–3417.5%

35–5428.1%

55–6413.3%

65+20.4%

Gender

47.6%

52.4%

Male47.6%

Female52.4%

Race & ethnicity

81.8%

White81.8%

Black1.5%

Hispanic4.7%

Asian6.8%

Other5.2%

Education (25+)

21.8%

17.6%

55.9%

No HS diploma4.6%

HS diploma21.8%

Some college17.6%

Bachelor's+55.9%

Housing tenure

71%

29%

Owner71%

Renter29%

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

2023 vs 2026

How Stoneham, MA has changed in 5 years

Rent

$2,859 → $3,086

up 7.9%

Income

$105,541 → $113,964

up 8.0%

Population

23,077 → 23,355

up 1.2%

Renter share

32.2% → 29%

-3.2 pts

Bachelor's+

48.1% → 55.9%

+7.8 pts

Median age

42.8 → 42.2

-0.6 yrs

Across the past five years, the going rent in Stoneham, MA has shifted from $2,859 to $3,086, up 7.9% since 2023. Census figures show median household income at $113,964 today, compared with $105,541 five years earlier. Census counts show Stoneham, MA adding about 278 residents over the five-year window, up 1.2% on net. The renter share has eased from 32.2% to 29%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 48.1% to 55.9% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

Discussions about Stoneham

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View Stoneham rent history (2015–2026) →

Salary vs rent

Can you afford rent in Stoneham on your salary?

At $3,086/mo, how Stoneham rent compares to typical pay (30% rule).

Registered Nurse

Avg $109,597/yr · Rent = 33.8% income

stretched

Elementary School Teacher

Avg $77,813/yr · Rent = 47.6% income

rent-burdened

Police Officer

Avg $89,633/yr · Rent = 41.3% income

rent-burdened

Software Developer

Avg $160,208/yr · Rent = 23.1% income

affordable

Lawyer

Avg $204,705/yr · Rent = 18.1% income

very comfortable

Firefighter

Avg $72,860/yr · Rent = 50.8% income

severely rent-burdened

Truck Driver

Avg $65,784/yr · Rent = 56.3% income

severely rent-burdened

Electrician

Avg $81,084/yr · Rent = 45.7% income

rent-burdened

By apartment size

Stoneham rent by bedroom count

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

Local insights

Tips for renters in Stoneham

About renting in Stoneham, MA

Last updated: July 20, 2026

The median rent in Stoneham is $3,086/mo as of July 2026. A studio apartment averages $2,060/mo while a 2-bedroom runs $2,580/mo. One-bedroom apartments average $2,180/mo and 3-bedroom units go for $3,110/mo.

At 32% of local median household income ($113,964/yr), Stoneham ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.6% over the past year.

FAQ

Frequently asked questions

Is Stoneham an affordable city for renters?

Stoneham is considered moderate for renters. At $3,086/mo, rent takes approximately 32% of the local median household income ($113,964/yr). The standard benchmark is 30%. Stoneham slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Stoneham?

To keep rent at or below 30% of gross income, you would need to earn at least $123,000/year (~$59/hour full-time) to afford the median rent of $3,086/mo in Stoneham. The local median household income is $113,964/yr, meaning the typical Stoneham household falls short of that threshold.

Is rent going up or down in Stoneham?

Rent in Stoneham has increased 6.6% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Stoneham rent compare to other cities in Massachusetts?

Stoneham is one of the pricier cities in Massachusetts for rent, ranking #22 out of 107 tracked cities at $3,086/mo.

Which nearby cities are cheaper to rent in than Stoneham?

Several nearby cities have lower median rents than Stoneham ($3,086/mo): Woburn ($2,780/mo), Wakefield ($2,824/mo), Melrose ($3,026/mo).

What percentage of Stoneham residents rent vs. own?

According to Census data, approximately 29% of Stoneham households are renters, while 71% are owner-occupied. Stoneham leans toward homeownership, which can mean a smaller rental inventory.

How does Stoneham rent compare to the national average?

Stoneham's median rent of $3,086/mo is $1,121 (57%) above the US national median of $1,965/mo. Within Massachusetts, it ranks #22 out of 107 tracked cities.

Income Affordability

32%

MODERATE

At $3,086/mo, rent takes ~32% of Stoneham's median household income ($113,964/yr). The standard benchmark is 30%.

Stoneham 32%Benchmark 30%

State income tax5%

Run the Stoneham affordability calculator →

Nearby cities