Starting at $1,850 Plus Fees
- 1 Bed
15-25 Market St, Ipswich, MA 01938
Shops and Lofts at Market Street
(351) 444-9455
Frequently Asked Questions
How much does it cost to rent a home in Ipswich, MA?
The median rent for a home in Ipswich, MA is $3,275 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 Ipswich, MA?
To comfortably afford the median rent in Ipswich, MA, a household needs to earn roughly $131,000 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 $3,275 per month in Ipswich, MA, renters typically need to show $9,825 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 Ipswich, MA?
In Ipswich, MA, the price-to-rent ratio is 21.0, 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 Ipswich, MA are best for renting a home?
The best neighborhood for renting in Ipswich, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Beverly, West Gloucester, Beverly Cove, Gloucester Crossing and Downtown Beverly, each with its own character and price range.
