$2,500 Per Month
- 2 Beds
- 1.5 Baths
- 1,154 Sq Ft
- Condo for Rent
100 Merrimack Ave Unit 125, Dracut, MA 01826
100 Merrimack Ave Unit 125, Dracut, MA 01826
Frequently Asked Questions
How much does it cost to rent a condo in Dracut, MA?
The median rent for a condo in Dracut, MA is $2,175 per month, though prices vary by neighborhood, size, and property type. As of June 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 Dracut, MA?
To comfortably afford the median rent in Dracut, MA, a household needs to earn roughly $98,000 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 $2,450 per month in Dracut, MA, renters typically need to show $7,350 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 Dracut, MA?
In Dracut, MA, the price-to-rent ratio is 18.7, 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 Dracut, MA are best for renting a condo?
The best neighborhood for renting in Dracut, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Acre, Back Central, North Chelmsford, Highlands and The West End, each with its own character and price range.
