$2,100 Per Month
- 2 Beds
- 1 Bath
- 835 Sq Ft
- Condo for Rent
51 Alvarado Ave Unit 204, Worcester, MA 01604
51 Alvarado Ave Unit 204, Worcester, MA 01604
Frequently Asked Questions
How much does it cost to rent a condo in Worcester, MA?
The median rent for a condo in Worcester, MA is $2,075 per month, though prices vary by neighborhood, size, and property type. As of June 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 Worcester, MA?
To comfortably afford the median rent in Worcester, MA, a household needs to earn roughly $88,000 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 $2,200 per month in Worcester, MA, renters typically need to show $6,600 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 Worcester, MA?
In Worcester, MA, the price-to-rent ratio is 15.9, 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 Worcester, MA are best for renting a condo?
The best neighborhood for renting in Worcester, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Indian Lake East, Elm Park, Bell Hill, Vernon Hill and Broadmeadow Brook, each with its own character and price range.
