Rentometer, Inc. | Data as of 11/14/2025
Needhamâs rental market reflects the townâs blend of suburban charm and easy access to the Boston metropolitan area, making it a soughtâafter destination for professionals, families, and students alike. The city offers a variety of apartments ranging from efficient studios to spacious threeâbedroom units, each benefiting from wellâmaintained buildings and proximity to vibrant shopping districts, parks, and topârated schools. For those seeking singleâfamily living, larger homes are also available, typically commanding premium rates that align with Needhamâs reputation for quality and space.
Studio apartments in Needham generally fall within the $2800 range, while oneâbedroom units often sit in the $3000â$3100 bracket, offering a comfortable balance of affordability and convenience for commuters heading to nearby business hubs. Twoâbedroom apartments command higher rates, commonly ranging from $3800 to $4200, and threeâbedroom units typically exceed $4600, reflecting the desirability of larger floor plans for growing households. Upscale fourâplusâbedroom homes, though less common, attract renters looking for expansive living spaces and are priced in the $8000 range on average, with median rents around $5500, highlighting the premium placed on spacious, familyâfriendly properties.
The townâs appeal is reinforced by its wellâknown landmarks such as the historic Needham Town Center, the scenic Hammond Pond Reservation, and a network of commuter rail stations that provide swift access to downtown Boston. With a mix of modern apartments, classic New England homes, and a thriving community atmosphere, Needham remains a compelling choice for renters seeking both convenience and a high quality of life in Massachusetts.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,812 | $2,780 | $2,735 - $2,950 | $2,735 - $2,870 |
| Apartment | 1 Bedroom | $2,856 | $3,009 | $1,775 - $3,631 | $2,608 - $3,242 |
| Apartment | 2 Bedroom | $3,864 | $4,137 | $2,150 - $4,565 | $3,797 - $4,406 |
| Apartment | 3 Bedroom | $4,670 | $5,255 | $3,200 - $6,250 | $3,300 - $5,450 |
| House | 4+ Bedroom | $8,323 | $5,247 | $4,800 - $18,000 | $4,995 - $18,000 |
In the current period, the average rent in Needham was $2,813 for Studio, $2,856 for 1 Bedroom, $3,864 for 2 Bedroom, $4,671 for 3 Bedroom, and $4,995 for 4+ Bedroom.
Data provided by Rentometer, Inc.