Provincetown, Massachusetts Rental Market Trends

Disclaimer:

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 Provincetown, Massachusetts rental market.

Provincetown, Massachusetts

Average Apartment Rent

$2,538

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of May 2026

Compared to a year ago, Provincetown, Massachusetts apartments have recorded a Infinity% rent increase.

Provincetown, Massachusetts Average apartment rent trend

Median Rent Nov 2025 Mar 2026
Provincetown $2,514 $2,500
National $1,732 $1,736
Provincetown
National
Nov 2025
$2,514
$1,732
Mar 2026
$2,500
$1,736

Provincetown, Massachusetts Average Apartment Rent

Provincetown, Massachusetts Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 24.47%, apartments priced $2,000 - $2,500 represent the bulk of Provincetown, Massachusetts rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 11.4%.

Provincetown, Massachusetts Housing tenure**

Renter occupied housing units 471
Owner occupied housing units 1,419

Renters take up 25% of Provincetown, Massachusetts real estate, occupying a total of 471 units, while homeowners live in 1,419 properties.

Median number of rooms of renter-occupied housing units**

3.1

Renter median household income**

$25,825

Average household size of renter-occupied housing units**

1.61

Rental vacancy rate**

3.6%

Provincetown, Massachusetts Renter-occupied housing units by no. of bedrooms**

No bedrooms 30
1 bed 272
2 beds 127
3 beds 29
4 beds 13

There are 272 rentals in Provincetown, Massachusetts with 1 bed making up the highest share of the market, at 58%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 13 units. Overall, the median number of rooms in Provincetown, Massachusetts homes for rent is 3.1.

Provincetown, Massachusetts Renter-occupied units by age of householder**

25 - 34 years 42
35 - 44 years 31
45 - 54 years 66
55 - 59 years 55
60 - 64 years 40
65 - 74 years 151
75 - 84 years 56
85 years and over 30

Most condos for rent in Provincetown, Massachusetts are occupied by residents in the 65 - 74 years age group (32%), followed by those in the 45 - 54 years age group (14%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 6%.

Provincetown, Massachusetts Renter-occupied housing units by family type**

Family households 95
Non-Family Households 376

Provincetown, Massachusetts Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 29
No related children of the householder under 18 442

A total of 95 apartments for rent in Provincetown, Massachusetts, or 20% of all rentals are family households. Additionally, 6% of rental homes include children under the age of 18 – that’s 29 units. All in all, the median size of a renter-occupied household in Provincetown, Massachusetts is 1.61.

Provincetown, Massachusetts Renter-occupied housing units by educational attainment**

Less than high school graduate 44
High school graduate (including equivalency) 113
Some college or associate's degree 158
Bachelor's degree or higher 156

In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Provincetown, Massachusetts.

Provincetown, Massachusetts Renter-occupied units by year structure built**

Built 2010 - 2019 78
Built 2000 - 2009 37
Built 1990 - 1999 22
Built 1980 - 1989 67
Built 1970 - 1979 35
Built 1960 - 1969 39
Built 1950 - 1959 41
Built 1940 - 1949 58
Built 1939 or earlier 94

The highest share of Provincetown, Massachusetts apartment rentals, namely 20% or 94 units, were Built 1939 or earlier, followed by those Built 2010 - 2019 (17%, 78 units), and the ones Built 1980 - 1989 (14%, 67 units).

Provincetown, Massachusetts Renter-occupied units by year householder moved in**

Moved in 2021 or later 44
Moved in 2018 to 2020 121
Moved in 2010 to 2017 221
Moved in 2000 to 2009 85

Median year renter moved into unit 2015

Most Provincetown, Massachusetts renters (47%) moved in 2010 to 2017, while only 9% of them moved in 2021 or later. Overall, the median year renters have occupied their Provincetown, Massachusetts condos for rent is 2015.

Provincetown, Massachusetts Renter-occupied housing units by vehicles available**

No vehicle available 151
1 vehicle available 270
2 or more vehicles available 50

When it comes to transportation options, 57% of Provincetown, Massachusetts renters have 1 vehicle available per household, 32% of them have No vehicle available, and 11% have 2 or more vehicles available.

Provincetown, Massachusetts Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 114
Car, truck, or van - carpooled 80
Public transportation (excluding taxicab) 12
Walked 46
Taxicab, motorcycle, bicycle, or other means 38
Worked at home 34

Provincetown, Massachusetts Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 490
Moved within same county 75
Moved from different county within same state 13
Moved from abroad 181

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 Provincetown, 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

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