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Provincetown, MA Home for Rent

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    $3,400 Per Month

    • 1 Bed
    • 1.5 Baths
    • 530 Sq Ft
    • House for Rent

    398 Commercial St Unit Cottage, Provincetown, MA 02657

    Newly renovated! Welcome to the heart of Provincetown, where classic Cape Cod charm meets a beautifully renovated, move-in-ready retreat. This stylish 530 sq ft one-bedroom, one-and-a-half-bath home has been fully renovated and is ready for its first year-round tenant. Inside, you'll find warm wood and tile flooring throughout, split system A/C and heat, and all the classic Provincetown character

    Joan Lenane Gibson Sotheby's International Realty

    398 Commercial St Unit Cottage, Provincetown, MA 02657

Why Live in Provincetown

Provincetown, Massachusetts, located on the edge of Cape Cod, is a community rich in history and culture. Initially inhabited by the Wampanoag and Nauset Tribes, it later became a landing point for the Pilgrims in the 1620s and saw an influx of Portuguese immigrants in the 1860s. By the early 1900s, Provincetown evolved into an artist haven, attracting painters, writers, and playwrights, and later became a refuge for the LGBT community in the 1960s. The area is known for its vibrant cultural scene, with multiple art galleries, museums, and annual events like the Provincetown International Film Festival and the Provincetown Portuguese Festival. Home styles in Provincetown range from Cape Cods and Colonial Revivals to split levels and modernist homes, with properties often closely spaced. The local dining scene is concentrated on Commercial Street and Bradford Street, featuring long-standing establishments like The Lobster Pot and The Red Inn. Provincetown also offers various attractions, including whale-watching tours, walking trails among the sand dunes, and local beaches such as Race Point Beach. The area is prone to nor’easters and coastal flooding. Transportation options include a seasonal ferry service to Plymouth and Boston, a shuttle service within Provincetown, and connections to Boston Logan via Provincetown Municipal Airport.

Frequently Asked Questions

How much does it cost to rent a home in Provincetown, MA?
The median rent for a home in Provincetown, MA is $3,400 per month, though prices vary by neighborhood, size, and property type. As of July 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 Provincetown, MA?
To comfortably afford the median rent in Provincetown, MA, a household needs to earn roughly $136,000 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 $3,400 per month in Provincetown, MA, renters typically need to show $10,200 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 Provincetown, MA?
In Provincetown, MA, the price-to-rent ratio is 27.5, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$3,400
Median Single Family Home Rent
$3,400
Median Condo Rent
$30,000
How to Rent a Home