Rental prices in Assembly Square, Somerville, MA have increased by 1.97% over the past year. The average rent moved from $3,714 to $3,787.
Check out the average rent in Somerville.
The national average price of rental apartments is $1,741, while the average monthly rent in Assembly Square, Somerville, MA is $3,787.
The average monthly rent for an apartment in Assembly Square, Somerville, MA is around $3,787.
A share of 12% of apartments in Assembly Square, Somerville, MA have the cheapest rents between $2,501-$3,000. Around 88% of Assembly Square's apartments have monthly rents between > $3,000.
The largest share of rentals in Assembly Square, Somerville, MA (88%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Assembly Square, Somerville, MA is $3,529.
In Assembly Square 66% of the housing is rented out compared to 34% of homes are owned, according to the most recent Census Bureau estimates. 21% of Assembly Square's apartments are found in large buildings of 50 units or more, 75% are located in smaller apartment complexes with less than 50 units, and 4% are single-family rentals.
In total, Assembly Square, Somerville, MA has 6,248 residents, 3,021 women and 3,227 men, per U.S. Census recent estimates. Statistics show that the median age of Assembly Square’s population is 33.
There is a total of 2,673 households in Assembly Square, Somerville, MA. Of these, 447 have children and 2,226 are without children. Per Census Bureau’s most current estimates, 1,224 family households and 1,448 non-family households live in this area. The size of a household in Assembly Square is 2 people, on average. The median household annual income in Assembly Square equals $119,167, and the monthly housing costs equal $2,408.
According to data from the U.S. Census Bureau, 7% of the population in Assembly Square, Somerville, MA have no high school education, 22% went to high-school, and 11% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 32% hold a Bachelor Degree, and 23% hold a Graduate Degree.
