City Report · MA

Stoneham

Pop. 23,355·20th most expensive in Massachusetts·One of the pricier rental markets in the US
Median rent (all units)
$3,055/mo
Year-over-Year
+3.9%
Month-over-Month
-0.3%
vs US Median
+$1,123
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Stoneham · $3,055
More expensive than 92% of US cities · National median $1,932/mo
Rent Reality Score
54/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Stoneham's 10-year trend predicts.

Actual rent
$3,055/mo
Expected by trend
$3,110/mo
The Rent Reality Score compares today's median rent to where Stoneham's own long-run trajectory projects it should be. See the full rankings →
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
Fair Market Rent (HUD)
$2,580/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,055 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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Stoneham is 0.5% below its high of $3,070 in June 2026, at $3,055 as of September 2026.

Past year vs. the rest of Massachusetts

Rent in Stoneham changed +3.9% over the year to September 2026. Across the 89 Massachusetts cities Zillow tracks, the typical change was +2.8%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($113,964) is $2,849 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,580); a 3-bedroom is $3,110.

Cheaper nearby

Chelsea, 6 miles away, rents for 14% less ($2,632/mo), about $5,100 a year in savings.

From Zillow's monthly rent index (ZORI) for Stoneham. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$36,660/yr
At $3,055/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.9% YoY, -0.3% MoM), not inventory.
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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
$2,771 → $3,055
up 10.2%
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 $2,771 to $3,055, up 10.2% 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

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

Can you afford rent in Stoneham on your salary?

At $3,055/mo, how Stoneham rent compares to typical pay (30% rule).

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: October 17, 2026

The median rent in Stoneham is $3,055/mo as of October 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 3.9% over the past year.

FAQ

Frequently asked questions

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 $122,000/year (about $59/hour full-time) to afford the median rent of $3,055/mo in Stoneham. The local median household income is $113,964/yr, so the typical household falls short of that bar.

Is rent going up or down in Stoneham?

Rent in Stoneham has risen 3.9% over the past year as of September 2026. It sits 0.5% below its high of $3,070 in June 2026.

How does Stoneham rent compare to other cities in Massachusetts?

Stoneham is one of the pricier among Massachusetts cities for rent, ranking #20 of 107 tracked cities at $3,055/mo. Over the year to September 2026, rent in Stoneham changed +3.9%, against a typical +2.8% across the 89 Massachusetts cities Zillow tracks.

Which nearby cities are cheaper to rent in than Stoneham?

Nearby cities with lower median rent than Stoneham ($3,055/mo) include Wakefield ($2,827/mo), Woburn ($2,844/mo), and Melrose ($3,031/mo).
Income Affordability
32%
MODERATE

At $3,055/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 →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Stoneham, MA

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