$3,500 Per Month
- 3 Beds
- 1 Bath
- 1,600 Sq Ft
- Apartment for Rent
87 Independence St Unit 2, Canton, MA 02021
87 Independence St Unit 2, Canton, MA 02021
Frequently Asked Questions
How much does it cost to rent a home in Canton, MA?
The median rent for a home in Canton, MA is $2,747 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Canton, MA?
To comfortably afford the median rent in Canton, MA, a household needs to earn roughly $109,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,747 per month in Canton, MA, renters typically need to show $8,241 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Canton, MA?
In Canton, MA, the price-to-rent ratio is 22.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Canton, MA are best for renting a home?
The best neighborhood for renting in Canton, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Randolph, Readville, North Norwood, Downtown Randolph and Norwood Centre, each with its own character and price range.
