Saugus, 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 Saugus, Massachusetts rental market.

Saugus, Massachusetts

Average Apartment Rent

$2,956

Y-o-Y Change in Average
Apartment Rent

-3.4%

As of May 2026

Compared to a year ago, Saugus, Massachusetts apartments have recorded a -3.4% rent decrease.

Saugus, Massachusetts Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Saugus $2,834 $2,847 $2,868 $2,930 $2,922 $2,981 $3,135 $2,852 $2,895
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Saugus
National
Jul 2023
$2,834
$1,741
Nov 2023
$2,847
$1,732
Mar 2024
$2,868
$1,736
Jul 2024
$2,930
$1,756
Nov 2024
$2,922
$1,749
Mar 2025
$2,981
$1,755
Jul 2025
$3,135
$1,767
Nov 2025
$2,852
$1,753
Mar 2026
$2,895
$1,750

Saugus, Massachusetts Average Apartment Rent

Saugus, 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 46.35%, apartments priced $2,500 - $3,000 represent the bulk of Saugus, Massachusetts rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 14.2%.

Saugus, Massachusetts Housing tenure**

Renter occupied housing units 2,759
Owner occupied housing units 8,009

Renters take up 26% of Saugus, Massachusetts real estate, occupying a total of 2,759 units, while homeowners live in 8,009 properties.

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

4.2

Renter median household income**

$43,717

Average household size of renter-occupied housing units**

2.31

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

No bedrooms 73
1 bed 885
2 beds 1,034
3 beds 537
4 beds 51
5 or more beds 179

There are 1,034 rentals in Saugus, Massachusetts with 2 beds making up the highest share of the market, at 37%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 51 units. Overall, the median number of rooms in Saugus, Massachusetts homes for rent is 4.2.

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

15 - 24 years 118
25 - 34 years 805
35 - 44 years 524
45 - 54 years 421
55 - 59 years 157
60 - 64 years 167
65 - 74 years 164
75 - 84 years 346
85 years and over 57

Most condos for rent in Saugus, Massachusetts are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

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

Family households 1,455
Non-Family Households 1,304

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

With related children of the householder under 18 630
No related children of the householder under 18 2,129

A total of 1,455 apartments for rent in Saugus, Massachusetts, or 53% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 630 units. All in all, the median size of a renter-occupied household in Saugus, Massachusetts is 2.31.

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

Less than high school graduate 318
High school graduate (including equivalency) 941
Some college or associate's degree 690
Bachelor's degree or higher 810

In terms of education, renters holding bachelor degrees or higher make up 29% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Saugus, Massachusetts.

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

Built 2010 - 2019 175
Built 2000 - 2009 188
Built 1990 - 1999 44
Built 1980 - 1989 599
Built 1970 - 1979 197
Built 1960 - 1969 469
Built 1950 - 1959 348
Built 1940 - 1949 41
Built 1939 or earlier 698

The highest share of Saugus, Massachusetts apartment rentals, namely 25% or 698 units, were Built 1939 or earlier, followed by those Built 1980 - 1989 (22%, 599 units), and the ones Built 1960 - 1969 (17%, 469 units).

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

Moved in 2021 or later 320
Moved in 2018 to 2020 976
Moved in 2010 to 2017 953
Moved in 2000 to 2009 335
Moved in 1990 to 1999 150
Moved in 1989 or earlier 25

Median year renter moved into unit 2017

Most Saugus, Massachusetts renters (35%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Saugus, Massachusetts condos for rent is 2017.

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

No vehicle available 489
1 vehicle available 1,191
2 vehicles available 763
3 vehicles available 216
4 vehicles available 49
5 or more vehicles available 51

When it comes to transportation options, 43% of Saugus, Massachusetts renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 18% have No vehicle available.

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

Car, truck, or van - drove alone 2,242
Car, truck, or van - carpooled 92
Public transportation (excluding taxicab) 110
Walked 113
Taxicab, motorcycle, bicycle, or other means 136
Worked at home 267

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

Same house as 1 year ago 5,355
Moved within same county 229
Moved from different county within same state 333
Moved from different state 66
Moved from abroad 347

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 Saugus, 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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