Listed 1 Day Ago
Highlights
- Hardwood floors
- Ceiling fans
- New appliances
- Granite counters
- Central ac
- No smoking
Location
40 Walnut St # 42 #1, Medford, MA 02155, USA|South Medford
Tour 40 Walnut St #1
Contact
Keller Williams Realty Boston Northwest
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Property management
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Property Overview
Hardwood floors, ceiling fans, new appliances, granite counters, and central air add modern comfort, while the no-smoking policy helps maintain a cleaner environment. High-speed internet, large windows, a quiet setting, and a nearby coworking space or café support work-from-home living, and the 16 photos plus close access to top-rated elementary and middle schools add helpful appeal.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Elementary school nearby
- Images Available
Great for
Work-from-home
Amenities for 40 Walnut St #1, South Medford
Apartment Amenities
| Air Conditioning | Ceiling Fan |
| Hardwood Floor |
Appliances
| Dishwasher |
Building
| Onsite Laundry |
Grounds
| Assigned Parking | Storage |
Other
| Five Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 40 Walnut St #1
Property Status: Active Lovely 2 bedroom/1 bathroom first floor apartment in and owner-occupied home. Located in the heart of Medford's Hillside between Medford Square and Tufts University. Fully renovated in 2023, the kitchen features ceramic tile, granite counters and new appliances, including a dishwasher and over-sized range. Great cabinet storage. The large dining room and living room have been combined to create an open, flexible living space. Two spacious bedrooms and the beautifully remodeled ceramic tile bathroom share a small hallway adjacent to the living/dining room. Hardwood floors throughout, central AC and ceiling fans. Situated on a corner lot with lots of windows, this unit is bright and cheery year-round. Easy access to both 93 and the MBTA Medford/Tufts Green Line. Unit comes with 2 off-street parking spaces and coin-op laundry in the basement. No pets, no smoking. Tenants pay gas, electric and cable/internet in addition to rent. Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 40 Walnut St #1 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | South Medford |
|---|---|
| Zip code | 02155 |
| Type | Apartment for rent |
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Rent trends in South Medford
2-bedroom apartments at 40 Walnut St #1 cost about the same as the average rent price for 2-bedroom apartments in Medford.
Median rents as of Jul 18 2026.
South Medford
Medford
| Month | Median Rent |
|---|---|
| August 2024 | $2,960 |
| September 2024 | $2,800 |
| October 2024 | $2,850 |
| November 2024 | $2,827 |
| December 2024 | $2,800 |
| January 2025 | $2,862 |
| February 2025 | $2,991 |
| March 2025 | $3,000 |
| April 2025 | $3,000 |
| May 2025 | $3,030 |
| June 2025 | $3,087 |
| July 2025 | $3,000 |
| August 2025 | $2,914 |
| September 2025 | $2,860 |
| October 2025 | $2,828 |
| November 2025 | $2,800 |
| December 2025 | $2,800 |
| January 2026 | $2,800 |
| February 2026 | $2,953 |
| March 2026 | $3,000 |
| April 2026 | $3,012 |
| May 2026 | $3,107 |
| June 2026 | $3,100 |
| July 2026 | $3,000 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,735 |
| September 2024 | $2,700 |
| October 2024 | $2,731 |
| November 2024 | $2,725 |
| December 2024 | $2,731 |
| January 2025 | $2,750 |
| February 2025 | $2,762 |
| March 2025 | $2,860 |
| April 2025 | $2,800 |
| May 2025 | $2,820 |
| June 2025 | $2,975 |
| July 2025 | $2,999 |
| August 2025 | $2,857 |
| September 2025 | $2,772 |
| October 2025 | $2,628 |
| November 2025 | $2,600 |
| December 2025 | $2,681 |
| January 2026 | $2,707 |
| February 2026 | $2,792 |
| March 2026 | $2,800 |
| April 2026 | $2,868 |
| May 2026 | $3,000 |
| June 2026 | $3,000 |
| July 2026 | $2,998 |
Affordability calculator
Can I afford to live at 40 Walnut St # 42 #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$120,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $120,000 annually to afford this 2-bedrooms monthly rent price of $3,000.
For more information on rent affordability, visit our rent calculator.
Schools near 40 Walnut St #1
Roberts Elementary School
35 court st
medford, MA, 2155
PK, K-5Public
B-
Brooks School
388 high st
medford, MA, 2155
PK, K-5Public
B
John J. McGlynn Elementary School
3002 mystic valley pkwy
medford, MA, 2155
PK, K-5Public
B-
Missituk Elementary School
37 hicks ave
medford, MA, 2155
PK, K-5Public
B-
Medford High School
489 winthrop st
medford, MA, 2155
PK, 9-12Public
B
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Internet available near 40 Walnut St #1
Getting around Medford near 40 Walnut St # 42 #1
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 40 Walnut St # 42 #1, Medford
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
4/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 40 Walnut St # 42 #1
Ebisuya Japanese Market
65 Riverside Ave
J C Ynoa Market Inc
8 Salem St
Whole Foods Market
2151 Mystic Valley Pkwy
Uniao Meat Market
376 Main St
Stop & Shop Supermarket
105 Alewife Brook Pkwy
Bride 'n' Belle Boutique
141 Main St
Jason Anthony Formal Wear
368 Main St
Design By Gino
235 Salem St
Target
471 Salem St
Burr Fur Inc
1167 Broadway
Dunkin'
154 Main St
Mystic Coffee Roaster
30 Riverside Ave
Dunkin'
2 & 4 Salem St
Dunkin'
364 Boston Ave
Starbucks
2151 Mystic Valley Pkwy
The Pub
682 Broadway
PJ Ryans
239 Holland St
The Dark Horse Public House
499 Broadway
Olde Magoun's Saloon
518 Medford St
Pepi's Pizzeria
516B Medford St
Hot Chix Halal
49 High St
Medford Farmers Market
Condon Shell Park 2501 Mystic Valley Parkway
Modern Pastry Shop
20 Salem St
A Better Bake Shop
Modern Pastry
20 Fleming St
Barry Park
Royall House Park
Brooks Park
Mystic River Reservation
Clippership Park
Pinky's Famous Pizza
165 Main St
Dunkin'
154 Main St
Sei Bar
182 Main St
Lighthouse Cafe
20 High St
Real Italian Gusto
24 High St
Main St @ Emerson St
Medford Square - Harvard Station, Malden Center Station - Sullivan Square Station via Winter Hill
Mystic Ave @ Main St
West Medford or Arlington Center - Sullivan Square Station
Main St @ Summer St
Medford Square - Harvard Station, Malden Center Station - Sullivan Square Station via Winter Hill
Main St @ Mystic Ave
West Medford or Arlington Center - Sullivan Square Station, Medford Square - Harvard Station, Malden Center Station - Sullivan Square Station via Winter Hill
160 Main St
Medford Square - Harvard Station, Malden Center Station - Sullivan Square Station via Winter Hill
West Medford
Lowell Line, Lowell Line
Porter
Red Line, Red Line, Fitchburg Line, Fitchburg Line
Malden Center
Haverhill Line
Wedgemere
Lowell Line, Lowell Line
Oak Grove
Haverhill Line
Medford/Tufts
Green Line B, Green Line C, Green Line D, Green Line E
Medford/Tufts
Green Line B, Green Line C, Green Line D, Green Line E
Ball Square
Green Line B, Green Line C, Green Line D, Green Line E
Ball Square
Green Line B, Green Line C, Green Line D, Green Line E
Davis
Red Line, Red Line
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