Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Needham CDP, Massachusetts?
City · Census ACS 5-Year estimates
The median gross rent in Needham CDP, Massachusetts is $2,409/month (±$183), based on Census ACS 5-Year estimates (2024). The median home value is $1,188,500 (±$43,035), and the median household income is $214,308/year. The unemployment rate in Norfolk County, Massachusetts was 3.7% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Needham CDP, Massachusetts
| Metric | Value |
|---|---|
| Median Gross Rent | $2,409 |
| Median Home Value | $1,188,500 |
| Median Household Income | $214,308 |
| Total Housing Units | 11,586 |
| Renter-Occupied Units | 1,954 |
| Renter-Occupied Share | 17% |
| Households Paying 50%+ Income | 617 households |
| Unemployment Rate(April 2026) | 3.7% |
How does Needham CDP, Massachusetts compare?
Median gross rent ranked against all cities in Massachusetts.
Higher rent than 92% of cities in Massachusetts · 19th of 216
| # | City | Value |
|---|---|---|
| 1 | Hanscom AFB CDP | $3,408 |
| 2 | New Seabury CDP | $3,146 |
| 3 | South Duxbury CDP | $3,000 |
| … 15 more … | ||
| 19 | Needham CDP(you are here) | $2,409 |
| … 194 more … | ||
| 214 | Smith Mills CDP | $658 |
| 215 | Cheshire CDP | $647 |
| 216 | Groton CDP | $349 |
More data for Needham CDP, Massachusetts
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Frequently asked questions
What is the average rent in Needham CDP, Massachusetts?
The median gross rent in Needham CDP, Massachusetts is $2,409/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Needham CDP, Massachusetts?
The median rent for a 2-bedroom in Needham CDP, Massachusetts is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Needham CDP, Massachusetts?
The median home value in Needham CDP, Massachusetts is $1,188,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Needham CDP are rent-burdened?
In Needham CDP, Massachusetts, 617 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Needham CDP, Massachusetts?
The median household income in Needham CDP, Massachusetts is $214,308/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $2,409 has a margin of error of ±$183. In very small areas, MOEs can be large relative to the estimate.
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