$7,500 Per Month
- 5 Beds
- 5 Baths
- 4,817 Sq Ft
- House for Rent
510 Common St, Walpole, MA 02081
510 Common St, Walpole, MA 02081
Frequently Asked Questions
How much does it cost to rent a home in Walpole, MA?
The median rent for a home in Walpole, MA is $3,150 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Walpole, MA?
To comfortably afford the median rent in Walpole, MA, a household needs to earn roughly $126,000 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 $3,150 per month in Walpole, MA, renters typically need to show $9,450 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 Walpole, MA?
In Walpole, MA, the price-to-rent ratio is 20.2, 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 Walpole, MA are best for renting a home?
The best neighborhood for renting in Walpole, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Norwood, Norwood Centre, North Norwood, Oakdale and Downtown Franklin, each with its own character and price range.
