Cambridge, MA Real Estate

According to census data in the year 2000 there were 44,725 housing units in Cambridge. This represents a 6.5% growth from 41,979 in 1990.

Of those housing units, 44,725 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cambridge is about 32.2%. Cambridge's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.03 people.

The majority of houses, apartments or condos in Cambridge were built after 1939.


Housing Size

Housing Units by Size
Studio Type7.30%
One Bedroom30.50%
Two Bedrooms35.70%
Three Bedrooms17.20%
Four Bedrooms5.70%
Five Bedrooms or more3.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1939
Median Value of occupied units$398,500
Median Price asked for vacant units$791,700

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1944
Median Monthly Rent asked for vacant units$1,084

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5%
Home Equity Loan8.20%
Simple Mortgage53.90%
Debt Free32.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18%