Rentometer, Inc. | Data as of 10/22/2025
Gloucester, Massachusetts, blends historic charm with a vibrant waterfront lifestyle, making it a sought‑after destination for renters who value coastal scenery and a strong sense of community. Nestled along the Atlantic, the city offers easy access to iconic beaches, bustling fish markets, and cultural attractions such as the Rockport Art Association and the famous Fisherman's Memorial. Its walkable downtown, with boutique shops, cafes, and maritime museums, creates a lively atmosphere that appeals to young professionals, families, and retirees alike.
The rental market in Gloucester provides a diverse mix of housing options, from modern apartments to spacious single‑family homes. One‑bedroom apartments typically fall in the $1400s, with a median around $1300, offering an affordable entry point for individuals and couples. For those seeking more room, two‑bedroom houses generally range in the $2400 bracket, while three‑bedroom homes are commonly found in the $3400 range; both provide comfortable family living with median rents closely following these figures. Larger families often look to four‑plus bedroom houses, which sit in the $5000 range, reflecting the premium of expansive space and prime locations near the harbor.
Neighborhoods such as Bunker Hill, Magnolia, and Rocky Neck each bring distinct character—Bunker Hill with its historic homes and quiet streets, Magnolia offering waterfront views and easy beach access, and Rocky Neck known for its artistic vibe and proximity to galleries. Excellent schools, convenient commuter routes to Boston, and a robust selection of dining and recreational amenities further enhance Gloucester’s appeal, making it an excellent choice for renters seeking a balanced coastal lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,468 | $1,300 | $1,200 - $2,300 | $1,250 - $1,650 |
| House | 2 Bedroom | $2,420 | $2,250 | $2,000 - $3,150 | $2,000 - $2,700 |
| House | 3 Bedroom | $3,369 | $3,100 | $2,800 - $4,850 | $2,975 - $3,400 |
| House | 4+ Bedroom | $4,970 | $4,350 | $3,100 - $7,500 | $3,500 - $7,000 |
In the current period, the average rent in Gloucester was $1,470 for 1 Bedroom, $2,400 for 2 Bedroom, $3,304 for 3 Bedroom, and $5,043 for 4+ Bedroom.
Data provided by Rentometer, Inc.