Last updated
Average Rent in Framingham 01702 & Rent Trends
Rent prices and market trends across 3 apartment communities in Framingham 01702, Framingham, MA. Updated daily.
Market Average
$2,728/mo
Lowest Available
$1,925/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
32
available now
Price Cuts This Week in Framingham 01702
9 listed units across 2 buildings in Framingham 01702 dropped their asking rent in the past 7 days, an average cut of $128/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The 266 Framingham | Unit 1, S11-TFG | $2,631 | $2,347 | $284 |
| The 266 Framingham | Unit 4, A41-TFG | $2,710 | $2,529 | $181 |
| Bancroft Lofts | Unit 304, Vista 1 | $2,665 | $2,512 | $153 |
| The 266 Framingham | Unit 2, A11-TFG | $2,575 | $2,449 | $126 |
| The 266 Framingham | Unit 3, A31-TFG | $2,675 | $2,549 | $126 |
| The 266 Framingham | Unit 5, A91-TFG | $2,845 | $2,719 | $126 |
| Bancroft Lofts | Unit 510, Lofts I | $2,498 | $2,419 | $79 |
| Bancroft Lofts | Unit 612, Vista 8 | $2,671 | $2,614 | $57 |
Framingham 01702 vs Framingham, MA Average
Framingham 01702 is cheaper than the Framingham, MA average by $316/mo (10%). The citywide average is $3,044/mo across all neighborhoods.
Is Rent Going Up or Down in Framingham 01702?
As of August 2026, the average rent in Framingham 01702 is $2,728 per month across 3 apartment communities and 32 available units.
The most affordable option is Water View Village at Framingham Apartments starting at $1,925/mo. By unit type, a studio averages $2,136/mo, a 1-bedroom averages $2,651/mo, a 2-bedroom averages $3,348/mo.
Prices range from $1,925 to $3,883 per month. The most common price point is the $2,400 range, where 12 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Framingham 01702
Rent Prices by Apartment in Framingham 01702
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Water View Village at Framingham Apartments | $1,925/mo | $1,925/mo | 1 | 4 |
| The 266 Framingham | $2,347/mo | $2,828/mo | 9 | 4.1 |
| Bancroft Lofts | $2,380/mo | $2,723/mo | 22 | 4.6 |
Frequently Asked Questions About Rent in Framingham 01702
What is the average rent in Framingham 01702?
Is rent going up or down in Framingham 01702?
What is the cheapest apartment in Framingham 01702?
How much is a 1-bedroom apartment in Framingham 01702?
How many apartments are available in Framingham 01702?
What salary do I need to live comfortably in Framingham 01702?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$109,000/year
Based on the 30 percent rule, using our tracked average rent of $2,728/mo.
Comfortable income
$131,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,925/mo), you need to earn at least $77,000/year.
Cost of living in Framingham 01702
We only have live rent data for Framingham 01702 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,728 |
| Estimated total | $2,728/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for Framingham 01702 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Framingham 01702 Apartments
Browse all 3 communities with daily-updated pricing and availability.