Cambridge continues to outperform most Massachusetts markets for 2–6 unit residential multifamily properties, driven by limited supply, elite employment centers, and consistently strong rental demand.
From a market fundamentals standpoint, Cambridge benefits from structural constraints that protect value over time. Zoning limits, minimal developable land, and high owner-occupancy rates keep turnover low and pricing firm—even in slower cycles.
Current Cambridge Multifamily Market Ranges (2026)
Rents (Approximate):
1-bedroom units: $2,700 – $3,400/month
2-bedroom units: $3,200 – $4,200/month
3-bedroom units: $3,800 – $5,000+/month
(Condition, location, and proximity to transit matter significantly.)
Cap Rates (Residential 2–6 Units):
Typical stabilized range: 3.5% – 5.0%
Well-located, low-risk assets often trade below 4%
Lower cap rates reflect lower vacancy risk and long-term appreciation confidence.
Sales Price Ranges:
2–3 unit properties: $1.8M – $3.0M+
4–6 unit properties: $2.5M – $4.5M+
Pricing varies widely based on unit mix, condition, and income upside.
Why Investors and Owners Focus on Cambridge
Consistently low vacancy rates
Strong tenant base tied to universities, biotech, and tech
Reliable rent growth over long holding periods
High liquidity when selling—often without public marketing
In Cambridge, multifamily investing is less about chasing yield and more about capital preservation, stability, and long-term upside. That’s why demand remains strong—even when markets elsewhere slow.
Real Estate Investment Advice 
Leave a comment