Methuen Town, 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 Methuen Town, Massachusetts rental market.
Methuen Town, Massachusetts
Average Apartment Rent
$2,321
Y-o-Y Change in Average
Apartment Rent
-1.3%
As of March 2026
Compared to a year ago, Methuen Town, Massachusetts apartments have recorded a -1.3% rent decrease.
Methuen Town, Massachusetts Average apartment rent trend
Methuen Town, Massachusetts Average Apartment Rent
Methuen Town, Massachusetts Apartment rent ranges
At 34.31%, apartments priced $2,000 - $2,500 represent the bulk of Methuen Town, Massachusetts rentals, while condos priced Over $3,000 hold the lowest share of the market – 5.78%.
Methuen Town, Massachusetts Housing tenure**
Renters take up 26% of Methuen Town, Massachusetts real estate, occupying a total of 4,951 units, while homeowners live in 14,092 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$41,320
Average household size of renter-occupied housing units**
2.32
Rental vacancy rate**
3.3%
Methuen Town, Massachusetts Renter-occupied housing units by no. of bedrooms**
There are 2,068 rentals in Methuen Town, Massachusetts with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 89 units. Overall, the median number of rooms in Methuen Town, Massachusetts homes for rent is 4.
Methuen Town, Massachusetts Renter-occupied units by age of householder**
Most condos for rent in Methuen Town, Massachusetts are occupied by residents in the 35 - 44 years age group (21%), followed by those in the 65 - 74 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Methuen Town, Massachusetts Renter-occupied housing units by family type**
Methuen Town, Massachusetts Renter-occupied housing units by the presence of own children**
A total of 2,844 apartments for rent in Methuen Town, Massachusetts, or 57% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 1,663 units. All in all, the median size of a renter-occupied household in Methuen Town, Massachusetts is 2.32.
Methuen Town, Massachusetts Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 17% of the rental market. In contrast, residents with less than a high school degree reside in 20% of the homes for rent in Methuen Town, Massachusetts.
Methuen Town, Massachusetts Renter-occupied units by year structure built**
The highest share of Methuen Town, Massachusetts apartment rentals, namely 38% or 1,891 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (16%, 771 units), and the ones Built 1950 - 1959 (13%, 655 units).
Methuen Town, Massachusetts Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Methuen Town, Massachusetts renters (39%) moved in 2010 to 2017, while only 5% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Methuen Town, Massachusetts condos for rent is 2015.
Methuen Town, Massachusetts Renter-occupied housing units by vehicles available**
When it comes to transportation options, 57% of Methuen Town, Massachusetts renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 15% have No vehicle available.
Methuen Town, Massachusetts Means of transportation to work of householders living in renter-occupied housing units**
Methuen Town, 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 Methuen Town, 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
