Stoneham, 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 Stoneham, Massachusetts rental market.

Stoneham, Massachusetts

Average Apartment Rent

$2,762

Y-o-Y Change in Average
Apartment Rent

5.1%

As of March 2026

Compared to a year ago, Stoneham, Massachusetts apartments have recorded a 5.1% rent increase.

Stoneham, 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
Stoneham $2,474 $2,510 $2,485 $2,610 $2,624 $2,627 $2,759 $2,746 $2,762
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Stoneham
National
Jul 2023
$2,474
$1,735
Nov 2023
$2,510
$1,724
Mar 2024
$2,485
$1,729
Jul 2024
$2,610
$1,750
Nov 2024
$2,624
$1,743
Mar 2025
$2,627
$1,749
Jul 2025
$2,759
$1,763
Nov 2025
$2,746
$1,749
Mar 2026
$2,762
$1,750

Stoneham, Massachusetts Average Apartment Rent

Stoneham, 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 32.03%, apartments priced $2,500 - $3,000 represent the bulk of Stoneham, Massachusetts rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 9.91%.

Stoneham, Massachusetts Housing tenure**

Renter occupied housing units 3,107
Owner occupied housing units 6,547

Renters take up 32% of Stoneham, Massachusetts real estate, occupying a total of 3,107 units, while homeowners live in 6,547 properties.

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

3.9

Renter median household income**

$77,457

Average household size of renter-occupied housing units**

1.86

Rental vacancy rate**

5.4%

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

No bedrooms 173
1 bed 1,069
2 beds 1,432
3 beds 382
4 beds 51

There are 1,432 rentals in Stoneham, Massachusetts with 2 beds making up the highest share of the market, at 46%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 51 units. Overall, the median number of rooms in Stoneham, Massachusetts homes for rent is 3.9.

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

15 - 24 years 81
25 - 34 years 892
35 - 44 years 608
45 - 54 years 150
55 - 59 years 291
60 - 64 years 299
65 - 74 years 294
75 - 84 years 329
85 years and over 163

Most condos for rent in Stoneham, Massachusetts are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.

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

Family households 1,295
Non-Family Households 1,812

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

With related children of the householder under 18 678
No related children of the householder under 18 2,429

A total of 1,295 apartments for rent in Stoneham, Massachusetts, or 42% of all rentals are family households. Additionally, 22% of rental homes include children under the age of 18 – that’s 678 units. All in all, the median size of a renter-occupied household in Stoneham, Massachusetts is 1.86.

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

Less than high school graduate 227
High school graduate (including equivalency) 802
Some college or associate's degree 772
Bachelor's degree or higher 1,306

In terms of education, renters holding bachelor degrees or higher make up 42% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Stoneham, Massachusetts.

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

Built 2010 - 2019 274
Built 2000 - 2009 114
Built 1990 - 1999 252
Built 1980 - 1989 332
Built 1970 - 1979 444
Built 1960 - 1969 577
Built 1950 - 1959 262
Built 1940 - 1949 204
Built 1939 or earlier 648

The highest share of Stoneham, Massachusetts apartment rentals, namely 21% or 648 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (19%, 577 units), and the ones Built 1970 - 1979 (14%, 444 units).

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

Moved in 2021 or later 177
Moved in 2018 to 2020 1,116
Moved in 2010 to 2017 1,216
Moved in 2000 to 2009 310
Moved in 1990 to 1999 231
Moved in 1989 or earlier 57

Median year renter moved into unit 2016

Most Stoneham, Massachusetts renters (39%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Stoneham, Massachusetts condos for rent is 2016.

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

No vehicle available 258
1 vehicle available 1,625
2 vehicles available 1,069
3 vehicles available 122
5 or more vehicles available 18

When it comes to transportation options, 52% of Stoneham, Massachusetts renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 8% have No vehicle available.

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

Car, truck, or van - drove alone 2,790
Car, truck, or van - carpooled 135
Public transportation (excluding taxicab) 92
Walked 27
Taxicab, motorcycle, bicycle, or other means 42
Worked at home 378

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

Same house as 1 year ago 4,933
Moved within same county 409
Moved from different county within same state 139
Moved from different state 67
Moved from abroad 107

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 Stoneham, 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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