Rentometer, Inc. | Data as of 12/04/2025
Gloucester, Massachusetts offers a vibrant rental market that blends historic New England charm with the allure of coastal living. Prospective renters can choose from a diverse mix of housing types, from modern apartments in the bustling downtown area to spacious family homes nestled near the harbor and scenic neighborhoods such as Blynman Point and Lanesville. The cityâs rich maritime heritage, scenic beaches, and proximity to the famous Fishermenâs Memorial create a welcoming environment for professionals, families, and seasonal residents alike.
For those seeking the convenience of a oneâbedroom apartment, the market averages rents in the $1400s, with a median close to $1350, making downtown living both accessible and lively. Larger households often gravitate toward singleâfamily homes, where twoâbedroom houses tend to rent around $2600, while threeâbedroom homes are typically priced near $3300. Buyers of larger properties, including fourâplus bedroom homes, can expect rents in the $5400s, with median figures reflecting the premium value of spacious, waterfront or historic residences.
Gloucesterâs rental landscape is further enhanced by its strong sense of community, topârated schools, and an array of recreational opportunitiesâfrom sailing on the Atlantic to exploring scenic trails in the Rockport State Reservation. The blend of affordable apartments, wellâmaintained houses, and a thriving local economy makes Gloucester an attractive destination for renters seeking a balanced coastal lifestyle on Massachusettsâ North Shore.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,432 | $1,325 | $850 - $2,300 | $1,250 - $1,650 |
| Apartment | 2 Bedroom | $2,368 | $2,337 | $2,000 - $2,800 | $2,300 - $2,800 |
| House | 2 Bedroom | $2,589 | $2,550 | $2,000 - $3,150 | $2,250 - $2,975 |
| House | 3 Bedroom | $3,298 | $3,050 | $2,700 - $4,850 | $2,950 - $3,400 |
| House | 4+ Bedroom | $5,382 | $4,200 | $2,495 - $12,500 | $3,500 - $7,000 |
In the current period, the average rent in Gloucester was $1,437 for 1 Bedroom, $2,509 for 2 Bedroom, $3,153 for 3 Bedroom, and $5,766 for 4+ Bedroom.
Data provided by Rentometer, Inc.