What percentage of people rent in Medford, MA?
45.9% (±2.4 points) of the occupied homes in Medford, MA are rented (2020–2024 American Community Survey).
That is 11,180 renting households against 13,159 that own their home.
In Medford, the share of households that rent went from 43.8% in 2015–2019 to 45.9% in 2020–2024 (+2.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 45.9% (±2.4 points)
- Renting households
- 11,180 (±590)
- Median renter income
- $108,494 (±$9,116)
Who rents and who owns in Medford
| Medford | Middlesex County | Massachusetts | United States | |
|---|---|---|---|---|
| Renter-occupied share | 45.9% (±2.4 points) | 38.7% (±0.4 points) | 37.5% (±0.3 points) | 34.8% |
| Renting households | 11,180 (±590) | 245,322 (±2,507) | 1,043,884 (±6,942) | 45,017,354 |
| Owning households | 13,159 (±755) | 388,893 (±2,870) | 1,741,158 (±8,598) | 84,210,142 |
| Average renter household size | 2.2 (±0.1) | 2.2 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.1) | 2.7 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $108,494 (±$9,116) | $84,135 (±$1,906) | $60,987 (±$576) | $52,966 |
| Median owner household income | $160,407 (±$9,410) | $169,746 (±$1,660) | $135,402 (±$770) | $100,009 |
In Medford, the renter share is higher than in Middlesex County (38.7%).
It is also higher than in Massachusetts (37.5%).
It is higher than the national figure (34.8%).
In Middlesex County, Medford ranks 8 of 54 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 28 of 351.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Medford has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 43.8% (±2.1 points) | 45.9% (±2.4 points) | +2.1 percentage points | Not a measurable change |
| Median gross rent | $1,817 (±$68) | $2,509 (±$94) | +38.1% | Up after inflation |
| Median household income | $96,455 (±$5,118) | $129,540 (±$7,926) | +34.3% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Medford
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Medford | — | 45.9% (±2.4 points) | — |
| Somerville | 2.3 mi | 65.8% (±1.8 points) | Higher |
| Malden | 2.6 mi | 58.7% (±2.4 points) | Higher |
| Winchester (community) | 2.7 mi | 18.3% (±3.0 points) | Lower |
| Winchester | 2.7 mi | 18.3% (±3.0 points) | Lower |
| Arlington (community) | 2.8 mi | 38.4% (±2.3 points) | Lower |
| Arlington | 2.8 mi | 38.4% (±2.3 points) | Lower |
| Everett | 3.0 mi | 62.8% (±2.8 points) | Higher |
| Cambridge | 3.3 mi | 66.5% (±1.1 points) | Higher |
Nearby places with a measurably lower figure: Winchester (community), MA (18.3%), Winchester, MA (18.3%), Arlington (community), MA (38.4%).
Nearby places with a measurably higher figure: Somerville, MA (65.8%), Malden, MA (58.7%), Everett, MA (62.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Middlesex County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 2 | Somerville | 65.8% (±1.8 points) |
| 3 | Everett | 62.8% (±2.8 points) |
| 4 | Malden | 58.7% (±2.4 points) |
| 5 | Lowell | 56.8% (±2.1 points) |
| 6 | Watertown | 52.3% (±3.4 points) |
| 7 | Waltham | 50.3% (±2.5 points) |
| 8 | Medford | 45.9% (±2.4 points) |
| 9 | Framingham | 45.2% (±1.9 points) |
| 10 | Woburn | 44.3% (±2.7 points) |
| 11 | Marlborough | 44.0% (±3.4 points) |
| 12 | Lincoln | 42.7% (±8.8 points) |
| 13 | Arlington | 38.4% (±2.3 points) |
| 14 | Belmont | 35.3% (±2.9 points) |
Showing 13 of 54 places in Middlesex County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Medford
How many renters are there in Medford?
Medford has an estimated 11,180 (±590) renting households, 45.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Medford?
In Medford, the share of households that rent went from 43.8% in 2015–2019 to 45.9% in 2020–2024 (+2.1 percentage points), not a measurable change.
How big are renting households in Medford?
A renting household in Medford has 2.2 people on average, against 2.4 in an owned home.
How much do renters earn in Medford?
The median renting household in Medford, MA has an income of $108,494 (±$9,116) a year, against $160,407 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Medford city, Massachusetts
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Medford city, Massachusetts
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Medford city, Massachusetts
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Medford city, Massachusetts
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Medford city, Massachusetts
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Medford city, Massachusetts (place:39835, in state:25).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Medford at a glance
- Median rent in Medford
- Rent by bedrooms in Medford
- Rent burden in Medford
- Income and affordability in Medford
- Home values in Medford
- Homeowner costs in Medford
- Property taxes in Medford
- Types of homes in Medford
- Bedrooms in Medford
- Age of homes in Medford
- Vacancy rate in Medford
- Heating fuel in Medford
- Commute and cars in Medford
- Crime reported to police in Medford
- Population growth in Medford
- How long people stay in Medford
- Crowding and facilities in Medford
- Massachusetts landlord and tenant rules
- Housing across Middlesex County
- Massachusetts places ranked by share of renters
- Housing data for every place in Massachusetts