Rental Market Trends in Massachusetts

At Chelworths, we know that understanding the rental market is the key to making confident, profitable decisions. That’s why we closely monitor local rental prices and tenant demand across our area - so our landlords always stay ahead of the market.

How We Track the Market

We combine real-time rental data with our on-the-ground expertise to give landlords a clear view of what’s happening in their neighborhood by monitoring:


  • Average rents across property types and sizes
  • Shifts in supply and demand
  • Seasonal and economic trends
  • Tenant preferences and behaviors


…we’re able to identify where opportunities lie and when adjustments may be needed.


What this means for Landlords

  • Set Accurate Rental Prices – Position your property competitively to attract quality tenants quickly while maximizing returns.
  • Reduce Voids – Anticipate market changes and price adjustments before they impact your income.
  • Boost Long-Term Value – Ensure your property performs well year after year with data-driven strategies.
  • Support Growth – Provide clear insights to help you expand your portfolio with confidence.
Aerial view of suburban houses with manicured lawns, colorful trees, and curving driveways on a sunny day.
Average market rent: $2,640, down 5.4% in 12 months. Range is $1,150 to $5,500.
Beverly
Average market rent: $2,640, down 10.5% in last 12 months. Range is $1,350 to $5,355.
Chelsea
Average market rent is $2,820, down 5.7% in the last 12 months. Low rent is $1,479, high is $6,000.
Danvers
Average market rent of $2,840, down -0.4% in the last 12 months. Rent ranges from $1,800 to $4,895.
Everett
Gloucester
Lynn
Malden
Melrose
Peabody
Revere
Salem
Wakefield
Beverly
Chelsea
Danvers

Local Knowledge, Backed by Data

We combine the insight of a local team who knows every street, neighborhood, and market shift with the power of modern analytics. Our on-the-ground expertise means we understand what tenants are looking for right now, while our data-driven tools track average rents, market demand, and long-term trends.


This balance of personal knowledge and technology ensures your property is never just managed—it’s positioned to perform. We set rental prices that attract quality tenants quickly, reduce costly voids, and keep your investment aligned with market opportunities. With Chelworths, your property is strategically placed to succeed in today’s fast-moving rental landscape and well-prepared for tomorrow’s changes.

Let's Maximise Your Investment

Whether you own a single rental home or a portfolio, Chelworths makes sure you have the information and insights you need to get the most from your property.


Start with a free rental evaluation today and see how your property compares in the current market.