$3,500 Per Month
- 3 Beds
- 1 Bath
- 900 Sq Ft
- Condo for Rent
24 55th St Unit B, Newburyport, MA 01950
24 55th St Unit B, Newburyport, MA 01950
Frequently Asked Questions
How much does it cost to rent a home in Newbury, MA?
The median rent for a home in Newbury, MA is $4,950 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Newbury, MA?
To comfortably afford the median rent in Newbury, MA, a household needs to earn roughly $198,000 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 $4,950 per month in Newbury, MA, renters typically need to show $14,850 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 Newbury, MA?
In Newbury, MA, the price-to-rent ratio is 15.2, 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 Newbury, MA are best for renting a home?
The best neighborhood for renting in Newbury, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Seabrook Beach, Central Bradford, Lower Acres, Downtown Haverhill and Upper Acre, each with its own character and price range.
