How many apartments are available in 02458 on Rentable.co?
Rentable.co has 1 apartment available for rent in 02458.
What is the average rent for an apartment in 02458?
The average rent for an apartment in 02458 is around $2,500 per month.
Find an Apartment in 02458
Looking for apartments for rent in 02458 Newton, MA? Rentable has a variety of options available in this zip code. Currently, there are 2 units available for rent.
With a range of floor plans and rental options available, apartments near 02458 are worth considering for those looking to move to the Newton, MA area. Rentable provides a convenient and easy-to-use platform for finding apartments that suit your needs.
Explore Rentable's apartments in 02458 and find your perfect rental in Newton, MA today.
Newton: May Rent Report
Welcome to the May 2024 Newton Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
May 2024 key findings and figures for the Newton rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Newton and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Newton average rent prices in the chart below.
Monthly Rent Report
$4,800
$3,600
$2,400
$1,200
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR2 BR
Newton Rent Prices Decrease From April to May
Newton rent prices decreased over the last month. From April to May, the city experienced a -16.81% decrease for the price of a one-bedroom apartment. The rent price for a Newton one-bedroom apartments currently stands at $2,504.0.
When we take a look at the two-bedroom comparison from April to May, Newton experienced a -4.0% decrease for the price of a two-bedroom apartment. The rent price for a Newton two-bedroom apartments currently stands at $3,073.0.
May Prices: Newton vs. Surrounding Areas
Rent Prices in Newton and Surrounding Areas
Rent prices have decreased in Newton over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Newton suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Newton suburbs
Rents did not decrease in any of the Newton suburbs.
May 2024 Pricing Trends: Newton vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent
Newton Rent Prices More Affordable Than Major Cities
Rent growth in Newton over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Newton average rent prices appear to be
relatively affordable for local residents.
The price for a Newton one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Newton and surrounding area rent prices, take a look at the complete data set below.
Data set for Newton and suburbs
1 BR May
1 BR M/M % Change
2 BR May
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.