$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 condo in Newburyport, MA?
The median rent for a condo in Newburyport, MA is $3,000 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 and townhouses are currently more expensive.
How much do you need to make to afford rent in Newburyport, MA?
To comfortably afford the median rent in Newburyport, MA, a household needs to earn roughly $170,000 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 $4,250 per month in Newburyport, MA, renters typically need to show $12,750 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 Newburyport, MA?
In Newburyport, MA, the price-to-rent ratio is 17.9, 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 Newburyport, MA are best for renting a condo?
The best neighborhood for renting in Newburyport, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Mount Washington, Seabrook Beach, Downtown Haverhill and Central Bradford, each with its own character and price range.
