$4,500 Per Month
- 2 Beds
- 2 Baths
- 1,725 Sq Ft
- Apartment for Rent
54 Rangeley Rd Unit 2, Newton, MA 02465
54 Rangeley Rd Unit 2, Newton, MA 02465
Frequently Asked Questions
How much does it cost to rent a home in Newton, MA?
The median rent for a home in Newton, MA is $3,587 per month, though prices vary by neighborhood, size, and property type. As of September 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 Newton, MA?
To comfortably afford the median rent in Newton, MA, a household needs to earn roughly $143,480 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 $3,587 per month in Newton, MA, renters typically need to show $10,761 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 Newton, MA?
In Newton, MA, the price-to-rent ratio is 38.3, 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 Newton, MA are best for renting a home?
The best neighborhood for renting in Newton, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Newton Highlands, Newton Centre, Waban, Thompsonville and Newtonville, each with its own character and price range.
