RentData

Average Rent in Fitchburg, MA Rents rising 5.0% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 861,664

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Fitchburg, MA has rental prices ranging from $1,139/month to $2,475/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,332/month — 5% below the national average of $1,400/month. With a median household income of $93,561/year, spending $1,332/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Fitchburg Compares

With an average 2-bedroom rent of $1,661/month, Fitchburg ranks #13 most expensive of the 21 cities tracked in Massachusetts — pricier than 95% of all US cities in our data.

The Fitchburg Rental Market

The Fitchburg, MA area has a population of about 861,664 and 34% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Fitchburg, MA have risen by $79/month (5.0%) over the past year, from $1,582 to $1,661. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Fitchburg, MA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $53,280. The local median household income of $93,561 exceeds that threshold by $40,281, making Fitchburg relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Fitchburg, MA is $407,825, giving a price-to-rent ratio of 20.5. With a break-even horizon of approximately 20 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Fair Market Rents

HUD FY2025
Studio
$1,139
Affordable
1 Bedroom
$1,332
Affordable
2 Bedrooms
$1,661
5.0% YoY
Affordable
3 Bedrooms
$2,165
Affordable
4 Bedrooms
$2,475
Average
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Median Home Value
$407,825
Source: Zillow ZHVI
Est. monthly payment
$2,171/mo
20% down · 30yr · 7%

Is Fitchburg, MA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$66,440/year
Local median income: $93,561
To buy a median home
$86,825/year
US national median: $75,000
💡 Based on a 2BR rent of $1,661/month and 20% down on a $407,825 home at 7% rate.

Nearby Cities in MAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Lawrence$1,346$1,498$1,963$2,365
Brockton$1,607$1,652$2,155$2,730
Lowell$1,537$1,709$2,242$2,701
Boston$2,263$2,394$2,837$3,418
New Bedford$1,081$1,177$1,448$1,745
Providence$1,233$1,319$1,614$1,945

Rent or Buy in Fitchburg?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Fitchburg data

$
Home Value
$407,825
2BR Rent
$1,661/mo
Mortgage Rate
7%
Monthly P&I
$2,171/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $3,003/movs rent: $1,661/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $407,825 home at 7% rate

20% — $81,565
3%50%
Estimated Monthly Payment
$2,171
per month · 30 years · 7% APR
Loan Amount
$326,260
Total Paid
$781,422
Total Interest
$455,162
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Fitchburg

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🏘️Neighborhoods in Fitchburg

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⚖️Rent vs Buy in Fitchburg

Is it cheaper to rent or buy here?

💵Rent Affordability in Fitchburg

Salary needed to afford rent here

🗺️All Cities in MA

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📋MA Tenant Rights

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