Apartments for Rent in Riverside, Cambridge, MA

Riverside, Cambridge apartment availability

Riverside, Cambridge offers a very strong selection of rental listings, with an average of 218 rentals available each month in 2024. The neighborhood's rental market is diverse, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments offer desirable amenities, including on-site laundry, dishwashers, and hardwood floors, which are available in over 55% of rentals. With its proximity to Cambridge's amenities and services, Riverside is a popular choice for renters seeking convenience and comfort.

Riverside, Cambridge rental market trends

The Riverside neighborhood in Cambridge saw a modest 0.45% year-over-year increase in average monthly rent, reaching $3,672.61 in 2024. Breaking it down by bed count, 1-bedrooms averaged $2,928.14 per month, a 2.67% decrease from the previous year. In contrast, 3-bedrooms experienced a 3.18% increase, with an average rent of $4,680.88. Studios saw a slight 1.11% increase, averaging $2,323.61 per month.

The summer months tend to see higher demand and prices in Riverside, with May typically being the most expensive month. Rents in May are about 17.28% higher compared to January, the month with the lowest average rent. If you're looking for a new apartment, be prepared for more competition during the peak season. Conversely, if you're searching during the winter months, you may find relatively lower prices and less competition. January, in particular, may offer more affordable options, with rents about 17.28% lower than in May.

Why Riverside, Cambridge is a great place to live

Riverside stands out in Cambridge for its commitment to environmental sustainability and vibrant social scene. The neighborhood's focus on eco-friendly living is reflected in its use of non-toxic paint, waste recycling, and rainwater harvesting in many of its apartments. Additionally, the prevalence of community solar projects and sustainable materials in construction contribute to its high environmental sustainability score. Riverside is also an ideal spot for those who value social living, with its high walk score, transit frequency, and variety of restaurants making it easy to get out and about with friends. With its strong emphasis on both sustainability and community, Riverside is a great choice for renters looking for a neighborhood that aligns with their values.