Frequently Asked Questions
How much does it cost to rent a condo in Hopkinton, MA?
The median rent for a condo in Hopkinton, MA is $2,500 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Hopkinton, MA?
To comfortably afford the median rent in Hopkinton, MA, a household needs to earn roughly $168,000 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 $4,200 per month in Hopkinton, MA, renters typically need to show $12,600 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 Hopkinton, MA?
In Hopkinton, MA, the price-to-rent ratio is 20.3, 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 Hopkinton, MA are best for renting a condo?
Rental Home Trends in Hopkinton, MA
There are currently 1 condos available for rent in Hopkinton, MA. The median rent is $2,500 per month, with 1-bedroom condos renting at $1,900, 2-bedroom condos at $2,500 and 3-bedroom condos at $2,688.
Number of Condos for Rent
1
Median 1 Bedroom Condo Rent
$1,900
Median 2 Bedroom Condo Rent
$2,500
Median 3 Bedroom Condo Rent
$2,688
