Apartments for Rent in Porter Square, Cambridge, MA

Porter Square, Cambridge apartment availability

Porter Square's rental market offers a good selection of listings, with an average of about 78 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments offer desirable amenities, including hardwood floors, found in about 70% of listings, and on-site laundry, available in nearly 60% of apartments. A dishwasher is also a common feature, found in about 50% of rentals. With its varied housing stock and convenient amenities, Porter Square is a great option for renters seeking a Cambridge neighborhood with a strong sense of community.

Porter Square, Cambridge rental market trends

The Porter Square rental market in Cambridge saw a slight decline in 2024, with average monthly rents decreasing by 3% to $3,412. 1-bedrooms averaged $2,583 per month, a 4% decrease from the previous year, while 2-bedrooms rented for $3,448, a less than 1% decline. In contrast, 3-bedrooms experienced a 2% increase, averaging $3,842 per month, and studios saw a significant 10% increase, reaching $2,637 per month.

The market typically peaks in May, with rents 12% higher than in September, the month with the lowest average rent. If you're looking for a new apartment, September may be a good time to find a deal. However, if you're looking for a specific type of apartment, be prepared for competition during the spring and early summer months. The rental market in Porter Square tends to be less competitive during the fall and winter months, making it a good time to search for a new home.

Why Porter Square, Cambridge is a great place to live

Porter Square in Cambridge is a neighborhood that seamlessly aligns with the lifestyles and interests of its residents, particularly those who value social life and pet friendliness.

For individuals seeking an active social life, Porter Square stands out due to its strong emphasis on safety, well-maintained street infrastructure, and frequent transit options. The neighborhood's age distribution contributes to a vibrant community atmosphere, further enhanced by its high walk score, making it easy to explore local amenities and social spots.

Pet owners also find Porter Square highly appealing, thanks to its thoughtful pet-friendly features. These include designated spaces for pet waste, ample room for pets within homes, pet-safe windows, and access to pet grooming services. The neighborhood even hosts pet events, offers generous outdoor spaces, and has a policy of no breed restrictions, making it an ideal place for pet lovers to call home.