Worcester, MA Rental Market
Worcester is Massachusetts's second-largest city and an emerging healthcare and biotechnology hub anchored by UMass Chan Medical School, Saint Vincent Hospital, and a growing biosciences cluster. Often called a "Boston for less," Worcester offers Boston-quality institutional employment at significantly lower rent and home price levels, making it an increasingly attractive destination for healthcare professionals, graduate students, and remote workers priced out of the Boston metro.
Get a rent estimate for an address in WorcesterAverage Rent in Worcester, MA
$1,650
per month · 2026-06
Market Score
Key Facts — Worcester, MA Rental Market
- Average rent in Worcester, MA:$1,650/mo
- Median rent:$1,518/mo
- Rent range:$825 – $3,650/mo
- Most common rental (2 bedrooms):$1,450/mo
- Active listings:1,200
- Avg days to lease:27 days
- Year-over-year change:+4.0%
- Median home value:$340,000
- Est. gross annual yield:5.8%
- Data as of:2026-06
Rent by Bedroom in Worcester, MA
Average monthly rent for each bedroom type based on current active listings in Worcester.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,175/mo |
2 Bedrooms | $1,450/mo |
3 Bedrooms | $1,850/mo |
4 Bedrooms | $2,275/mo |
5 Bedrooms | $2,600/mo |
Worcester Rental Market Statistics
Key indicators from the current Worcester, MA rental market.
1,200
Available now in Worcester
27
From list to lease
$1.29
Average across listings
1,275 sq ft
Typical rental size
$825 – $3,650
Min to max active listings
+4.0%
Avg rent vs. prior year
Investing in Worcester, MA Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$340,000
Typical purchase price in Worcester
Est. Gross Annual Yield
5.8%
Before expenses & vacancy
Avg Monthly Income
$1,650
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Worcester for a full cash-flow breakdown including all costs.
Worcester, MA Rental Market FAQ
Common questions about renting and investing in Worcester, MA.
What is the average rent in Worcester, MA?
The average rent in Worcester, MA is $1,650 per month as of 2026. One-bedroom apartments average $1,175/mo, two-bedrooms average $1,450/mo, and three-bedroom homes average $1,850/mo. The Main South and Shrewsbury Street neighborhoods near Clark University and WPI command premium rents among students and professionals, while the Canal District arts corridor is rapidly attracting young professional tenants.
Is Worcester, MA a good place to invest in rental property?
Worcester offers a 5.8% estimated gross annual yield with 4.0% year-over-year rent growth — among the strongest in Massachusetts. UMass Chan Medical School, WPI, Clark University, and Holy Cross provide a deep, multi-institution student and academic tenant base. As Boston rents push more residents toward secondary markets, Worcester is benefiting from accelerating in-migration that supports its above-average rent growth trajectory.
How competitive is the Worcester, MA rental market?
Worcester has approximately 1,200 active listings and averages 27 days on market — a competitive pace that reflects its growing status as a Boston-area value alternative. Demand peaks in August ahead of the fall university semester across WPI, Clark, Assumption, and Holy Cross. The Canal District and Shrewsbury Street neighborhoods attract the most professional tenant interest year-round. Quality 2- and 3-bedroom units in desirable neighborhoods rarely sit vacant for more than two weeks.
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