$2,150 Per Month
- 1 Bed
- 1 Bath
- 701 Sq Ft
- Apartment for Rent
175 Millwood St Unit R1, Framingham, MA 01701
175 Millwood St Unit R1, Framingham, MA 01701
Frequently Asked Questions
How much does it cost to rent a home in Framingham, MA?
The median rent for a home in Framingham, MA is $2,360 per month, though prices vary by neighborhood, size, and property type. As of August 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 Framingham, MA?
To comfortably afford the median rent in Framingham, MA, a household needs to earn roughly $94,400 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 $2,360 per month in Framingham, MA, renters typically need to show $7,080 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 Framingham, MA?
In Framingham, MA, the price-to-rent ratio is 23.3, 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 Framingham, MA are best for renting a home?
The best neighborhood for renting in Framingham, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Nobscot, Saxonville, French Hill, Dana Hall and Wellesley Hills, each with its own character and price range.
