Apartments for Rent in Harvard Square, Cambridge, MA

Harvard Square, Cambridge apartment availability

Harvard Square's rental market offers a strong selection of listings, with an average of 133 rentals available each month in 2024. The majority of rentals are 1-bedroom apartments, followed by 2-bedroom and studio apartments. Many of these apartments feature desirable amenities, including hardwood floors, found in 59% of rentals, and on-site laundry, available in 50% of rentals. Additionally, 44% of rentals come equipped with a dishwasher. With its proximity to Harvard University and a vibrant cultural scene, Harvard Square is a popular neighborhood for renters seeking a unique blend of academic and urban living.

Harvard Square, Cambridge rental market trends

Harvard Square's rental market in 2024 has seen a modest year-over-year increase of 0.53% in average rent, reaching $3,739 per month across all property types. Breaking it down by bed count, 1-bedrooms experienced an 8.1% increase to $3,361, while 2-bedrooms remained relatively stable with a 0.0045% decrease to $3,894. In contrast, 3-bedrooms saw a 5.46% decrease to $6,969, and studios decreased by 0.85% to $2,624.

The most expensive month to rent in Harvard Square is August, with prices 13.29% higher than in January, the least expensive month. This trend suggests that renters looking for a more affordable option should consider searching during the winter months. With a relatively stable overall market, renters can expect consistent prices throughout the year, with some fluctuations depending on the time of year and bed count.

Why Harvard Square, Cambridge is a great place to live

Harvard Square is a hub for renters who value social living and environmental sustainability. With a high neighborhood population and diverse age distribution, there's always something happening in this vibrant community. The area's excellent transit frequency, well-maintained street infrastructure, and emphasis on safety make it easy to get around and meet up with friends. Additionally, Harvard Square's commitment to environmental sustainability is evident in its use of non-toxic paint, rainwater harvesting, and community solar projects. Many apartments in the area are constructed with sustainable materials and feature low-flow fixtures, making it a great choice for eco-conscious renters. With its high walk score and abundance of parks and recreation spaces, Harvard Square offers a unique blend of social and sustainable living.