North Shore Rent Index · August 2026

North Shore rents pause in July after five months of growth

Monthly asking rents, listings and time on market across Boston's North Shore. Covers July 2026 data.

  • The average asking rent across the North Shore was $2,749 in July 2026, down 0.1% from June and 1.8% from July 2025 ($2,800).
  • 5,720 rentals were on the market, up 12.7% from a year ago.
  • Listings had been on the market for 32.4 days on average, compared with 31.8 days in June and 31.6 days a year earlier.
Liam Davies (Founder, Chelworths Property Management Group):
“July is one of the busiest months of the year for rentals on the North Shore, and renters had a lot more choice this summer. There were 5,720 homes on the market, around 13% more than last July, and asking rents are down 1.8% from a year ago.”
“Larger homes have held their value best. Three bedroom rents are almost unchanged on last year, while studios are down 3.7%. Two bedroom homes are taking about four days longer to rent than they were a year ago.”
“With the September move-in season close, landlords with a vacancy should price against current comparables from the start. A home that's priced right in its first week usually rents faster than one that needs a reduction later.”

Average asking rent, July 2026

Change on the previous month and the same month last year

All homes
$2,749
-0.1% vs. June
-1.8% vs. last year
Studio
$2,037
-0.7% vs. June
-3.7% vs. last year
1 bed
$2,364
-0.7% vs. June
-2.9% vs. last year
2 bed
$2,939
-0.1% vs. June
-1.8% vs. last year
3 bed
$3,345
-0.7% vs. June
-0.2% vs. last year
Active listings
5,720
-0.8% vs. June
+12.7% vs. last year
Avg days on market
32.4
31.6 days a year ago
New listings
2,545
added in July

Market summary

July sits in the middle of the peak summer rental season. The North Shore average asking rent fell 0.1% to $2,749 in July 2026, the first fall after five months of rises. The average is 2.1% above the January 2026 low of $2,691 and 2.3% below the August 2025 high of $2,814. Compared with July 2025, rents are down 1.8%.

Active listings fell 0.8% from June to 5,720, 12.7% higher than in July 2025. Listings had been on the market for 32.4 days on average, up from 31.8 days in June and up from 31.6 days a year ago.

By size, studios saw the largest annual fall (-3.7% to $2,037), while three bedroom homes held up best (-0.2% to $3,345). Two bedroom homes, the largest segment with 2,101 listings, averaged $2,939 (-1.8% year over year) and spent 29.8 days on the market, against 25.5 days a year ago. Studios were the slowest to rent at 43.8 days.

Among towns with at least 10 listings, North Reading, Nahant and Manchester-by-the-Sea recorded the strongest annual growth (+17.0%, +14.8%, +11.7%). The largest falls were in Lawrence, Amesbury and Rockport (-12.3%, -11.8%, -10.7%). Lawrence's fall partly reflects a change in the mix of homes listed, with listings up 46% to 323 from 221 a year ago.

Over the past 12 months, the five largest rental markets, Revere, Malden, Lynn, Everett and Chelsea, accounted for 48% of North Shore listings. Of towns with 30 or more listings, Marblehead, Newburyport and Winthrop had the longest average time on market. Lawrence, Haverhill and Lynn remain the most affordable markets, with average asking rents from $2,096.

Average asking rent

All property types, North Shore, Jul 25 to Jul 26

Average asking rent by bedrooms

Studio, one, two and three bedroom homes

Studio 1 bed 2 bed 3 bed

Active rental listings

Homes on the market each month

Time on market

Average days on market for active listings

Town by town

Where the rentals are

Average monthly active listings, Aug 25 to Jul 26, 20 largest markets

Days on market by town

Average days on market, July 2026, towns with 30 or more listings

Annual change in asking rent

Jul 26 vs Jul 25. Towns with fewer than 10 listings are excluded

Rent up Rent down

All towns, July 2026

Average asking rent, change, rent by bedrooms, listings and days on market. * fewer than 10 listings, treat with caution. Bedroom rents with fewer than 3 listings are not shown.

Town Avg rent Month Year Studio 1 bed 2 bed 3 bed Listings 12-mo avg listings Days on market
Amesbury $2,711 -2.0% -11.8% – $2,434 $2,834 $3,633 48 45 17
Andover $2,951 +3.4% +3.3% $1,663 $2,333 $2,915 $4,166 188 166 30
Beverly $2,745 +0.3% -0.6% $2,097 $2,318 $2,765 $3,570 161 158 37
Boxford* $5,500 0.0% n/a – – – – 1 2 33
Byfield* $3,198 +1.6% n/a – – – – 4 2 42
Chelsea $2,639 -0.9% -3.9% $1,916 $2,540 $2,973 $3,225 373 458 33
Danvers $2,932 -0.5% +2.7% $1,375 $2,412 $3,044 $4,147 93 112 25
Essex* $3,450 +16.5% +14.2% – – – $4,300 5 5 36
Everett $2,907 +0.7% +1.6% $2,431 $2,653 $3,233 $3,085 529 467 36
Georgetown* $2,408 -15.0% +6.6% – $2,252 – – 7 5 90
Gloucester $3,071 -1.5% +4.1% – $2,129 $2,687 $3,817 91 80 39
Groveland $2,427 -11.4% -6.7% – $1,948 $2,442 – 11 4 20
Hamilton* $4,300 +75.5% +9.7% – – – – 1 3 31
Haverhill $2,200 +0.7% -5.5% $1,815 $1,963 $2,371 $2,646 275 259 34
Ipswich $3,081 +4.2% +1.8% – – $2,949 $3,688 11 16 62
Lawrence $2,096 -4.9% -12.3% $2,062 $1,591 $2,470 $2,680 323 256 25
Lynn $2,328 -0.1% -1.2% $1,698 $2,151 $2,514 $2,952 575 492 36
Lynnfield $3,506 +4.1% +5.8% – $2,974 $3,837 – 46 38 13
Malden $2,764 +0.5% +2.0% $2,109 $2,409 $2,973 $3,130 617 551 37
Manchester-by-the-Sea $5,007 -6.0% +11.7% – $3,018 $4,450 – 19 25 51
Marblehead $3,653 +4.7% -0.9% – $2,169 $3,218 $5,369 60 62 60
Melrose $3,117 +2.5% +0.1% $2,052 $2,668 $3,339 $3,854 248 215 16
Merrimac* $2,562 -2.7% -11.5% – $2,350 – – 4 5 25
Methuen $2,410 -1.6% -3.9% $1,444 $2,044 $2,636 $2,894 94 94 27
Middleton* $3,638 -2.0% +10.9% – – $3,455 – 8 7 55
Nahant $2,825 -8.0% +14.8% – $2,256 – – 10 13 62
Newbury $3,288 -5.3% -10.2% – – $2,512 $3,125 13 13 21
Newburyport $3,242 -3.3% +3.1% – $2,519 $3,559 $3,765 42 49 57
North Andover $2,932 +1.3% -2.3% $2,097 $2,405 $2,848 $3,371 82 79 35
North Reading $2,964 +6.7% +17.0% – $2,580 $3,201 – 41 47 7
Peabody $2,777 -1.4% -5.2% $1,670 $2,458 $2,944 $3,909 218 194 16
Reading $3,144 -2.6% +4.8% – $2,332 $3,269 $3,806 40 33 36
Revere $2,847 -0.1% +0.7% $2,252 $2,545 $3,080 $3,407 608 590 28
Rockport $3,005 -7.2% -10.7% – $2,233 $3,058 $3,314 23 28 50
Rowley* $2,681 +9.4% +12.2% – – $2,250 – 8 5 25
Salem $2,809 +1.0% -2.1% $1,873 $2,392 $2,935 $3,293 334 307 42
Salisbury $2,569 +0.9% -3.6% – $2,284 $2,515 $2,788 24 24 58
Saugus $2,964 +0.1% +4.2% $2,372 $2,648 $3,205 $3,432 111 89 16
Stoneham $3,240 +0.4% -1.1% $1,995 $2,893 $3,315 $3,559 93 81 28
Swampscott $3,197 +3.1% +3.1% – $2,649 $3,215 $4,453 64 71 22
Topsfield* $2,733 -7.4% -61.0% – – – – 3 2 46
Wakefield $2,801 -0.4% -10.1% – $2,407 $2,996 $3,560 95 95 34
Wenham* $2,788 -10.1% -25.7% – – $2,750 – 4 2 162
West Newbury* $6,450 +33.7% +7.5% – – – – 1 2 73
Winthrop $2,771 -0.6% -7.4% $1,877 $2,305 $2,684 $3,534 114 108 48
North Shore $2,749 -0.1% -1.8% $2,037 $2,364 $2,939 $3,345 5,720 5,357 32

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About the North Shore Rent Index

The index is published monthly by Chelworths Property Management Group. The August 2026 edition covers July 2026 data and compares it with the previous 12 months. Figures are based on active residential rental listings from RentCast across 52 ZIP codes in 45 communities in Essex, Middlesex and Suffolk counties.

Rents are average asking rents, not achieved rents. North Shore and town figures are listing-weighted averages across each ZIP code, so larger markets carry more weight. Studio figures are zero bedroom listings. Days on market is the average number of days active listings had been on the market, used here as a measure of how long homes take to rent. Towns with fewer than 10 active listings are marked * and excluded from town rankings, as small samples can move sharply month to month. Monthly figures may be revised as the source data updates. RentCast did not report studios separately before March 2025 and its listing coverage was lower from December 2024 to February 2025, so annual comparisons that rely on those months are not shown.

This report is general market information and not an appraisal of any individual property. Data retrieved September 16, 2026. © 2026 Chelworths Property Management Group.