Apartments for Rent in Teele Square, Somerville, MA

Teele Square, Somerville apartment availability

Teele Square's rental market offers a good selection of listings, with an average of 55 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 72% of listings, and on-site laundry, available in 61% of rentals. Additionally, 52% of apartments in Teele Square are pet-friendly with some restrictions, making it a suitable option for renters with pets.

Teele Square, Somerville rental market trends

Teele Square in Somerville has experienced significant rent growth in 2024, with the average monthly rent across all property types increasing by nearly 20% year-over-year to $3,861. This upward trend is driven in part by notable rent hikes for studios, which have risen by 25.6% to $2,700 per month. In contrast, 1-bedroom units have seen a relatively modest 1.4% increase, averaging $2,775 per month.

The most expensive time to rent in Teele Square is April, when prices peak at 28.3% higher than January, the least expensive month. This substantial difference in rent prices between April and January suggests that renters may find more affordable options during the winter months. Overall, the Teele Square rental market in 2024 is characterized by significant growth, with the largest rent increases seen in studios and during the spring season.

Why Teele Square, Somerville is a great place to live

Teele Square is a neighborhood that caters to renters who prioritize pet friendliness and a vibrant social life. With an abundance of pet-friendly amenities, including dedicated pet spaces, pet-safe windows, and outdoor areas, this community is ideal for pet owners. The absence of breed restrictions, availability of pet grooming services, and regular pet events further enhance the pet-friendly experience. Additionally, the neighborhood's infrastructure, including street layout, transit frequency, and walk score, contribute to a lively social atmosphere. A strong sense of safety and a diverse age distribution among residents also foster a sense of community, making Teele Square an excellent choice for those seeking an active social life. Whether you're a pet owner or a social butterfly, Teele Square offers a unique blend of amenities and attractions that cater to your lifestyle.