Worcester renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Worcester is about $1,268 per month. This puts it in the 42nd percentile compared to the state average cost of rent, which is $1,522. Households in Worcester have a median income of $7,632 per month so the average renter in Worcester is spending roughly 17% of their earnings on housing.
Nationally, and in Worcester, home values are the data point most closely correlated with the cost of rent. The median price of a home in Worcester is $314,805 right now, which is lower than nearby cities, meaning that rents in Worcester also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of Worcester while lower rent rates are often available in northwestern areas.
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