$1,700 Per Month
- 2 Beds
- 1 Bath
- 980 Sq Ft
- Apartment for Rent
430 North St Unit 3, Somerset, MA 02726
430 North St Unit 3, Somerset, MA 02726
Frequently Asked Questions
How much does it cost to rent a home in Somerset, MA?
The median rent for a home in Somerset, MA is $2,000 per month, though prices vary by neighborhood, size, and property type. As of July 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 Somerset, MA?
To comfortably afford the median rent in Somerset, MA, a household needs to earn roughly $80,000 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 $2,000 per month in Somerset, MA, renters typically need to show $6,000 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 Somerset, MA?
In Somerset, MA, the price-to-rent ratio is 21.5, 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.
What neighborhoods in Somerset, MA are best for renting a home?
The best neighborhood for renting in Somerset, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Pottersville, Western Fall River, Brayton Point, Lower Highlands and Bank Street, each with its own character and price range.
