Greater Hopkinton, Massachusetts Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Greater Hopkinton, Massachusetts rental market.
Greater Hopkinton, Massachusetts
Average Apartment Rent
$2,906
Y-o-Y Change in Average
Apartment Rent
-0.7%
As of March 2026
Compared to a year ago, Greater Hopkinton, Massachusetts apartments have recorded a -0.7% rent decrease.
Greater Hopkinton, Massachusetts Average apartment rent trend
Greater Hopkinton, Massachusetts Average Apartment Rent
Greater Hopkinton, Massachusetts Apartment rent ranges
At 55.58%, apartments priced $2,500 - $3,000 represent the bulk of Greater Hopkinton, Massachusetts rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 17.12%.
Greater Hopkinton, Massachusetts Housing tenure**
Renters take up 22% of Greater Hopkinton, Massachusetts real estate, occupying a total of 280 units, while homeowners live in 989 properties.
Median number of rooms of renter-occupied housing units**
3
Renter median household income**
$29,821
Average household size of renter-occupied housing units**
1.23
Greater Hopkinton, Massachusetts Renter-occupied housing units by no. of bedrooms**
There are 224 rentals in Greater Hopkinton, Massachusetts with 1 bed making up the highest share of the market, at 80%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 12 units. Overall, the median number of rooms in Greater Hopkinton, Massachusetts homes for rent is 3.
Greater Hopkinton, Massachusetts Renter-occupied units by age of householder**
Most condos for rent in Greater Hopkinton, Massachusetts are occupied by residents in the 75 - 84 years age group (22%), followed by those in the 65 - 74 years age group (20%). At the same time, people in the 25 - 34 years age group make up the lowest share of the local rental market – 3%.
Greater Hopkinton, Massachusetts Renter-occupied housing units by family type**
Greater Hopkinton, Massachusetts Renter-occupied housing units by the presence of own children**
A total of 41 apartments for rent in Greater Hopkinton, Massachusetts, or 15% of all rentals are family households. Additionally, 11% of rental homes include children under the age of 18 – that’s 30 units. All in all, the median size of a renter-occupied household in Greater Hopkinton, Massachusetts is 1.23.
Greater Hopkinton, Massachusetts Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Greater Hopkinton, Massachusetts.
Greater Hopkinton, Massachusetts Renter-occupied units by year structure built**
The highest share of Greater Hopkinton, Massachusetts apartment rentals, namely 26% or 72 units, were Built 1990 - 1999, followed by those Built 1939 or earlier (21%, 60 units), and the ones Built 1970 - 1979 (18%, 51 units).
Greater Hopkinton, Massachusetts Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Greater Hopkinton, Massachusetts renters (61%) moved in 2010 to 2017, while only 10% of them moved in 2021 or later. Overall, the median year renters have occupied their Greater Hopkinton, Massachusetts condos for rent is 2015.
Greater Hopkinton, Massachusetts Renter-occupied housing units by vehicles available**
When it comes to transportation options, 70% of Greater Hopkinton, Massachusetts renters have 1 vehicle available per household, 17% of them have No vehicle available, and 13% have 2 or more vehicles available.
Greater Hopkinton, Massachusetts Means of transportation to work of householders living in renter-occupied housing units**
Greater Hopkinton, Massachusetts Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Greater Hopkinton, Massachusetts apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
