Somerville, MA Multifamily Properties for Lease
- Cambridge, MA
- Boston, MA
- Medford, MA
- Everett, MA
- Arlington, MA
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Somerville, MA Multifamily properties Lease Rates & Market Statistics
Explore 4 Multifamily properties for lease in Somerville, MA on Realmo, a commercial real estate exchange covering the Somerville area. The current inventory totals 3,144 square feet of properties.
Multifamily properties lease rates in Somerville range from $2,550/Mo at the entry level to $3,300/Mo at the top of the market, averaging $3,062/Mo. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.
Somerville accounts for 9% of the 47 multifamily properties currently available across Middlesex County, where nearby markets include Cambridge and Lowell. Multifamily properties are one of the more limited space types in Somerville, with just 4 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Other residential income properties (24 listings) elsewhere in the Somerville market.