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Methuen, MA House for Rent

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    $3,495 Per Month

    • 3 Beds
    • 1 Bath
    • 1,650 Sq Ft
    • House for Rent

    16 Newhill Rd, Methuen, MA 01844

    Two-story cape. 3 bedrooms, one bath, newer windows, newer appliances, fresh paint throughout, hardwood floors, ceramic tile, finished basement with walkout. Detached garage. Vacant and easy to show.

    Robert Palmisano Properties Unlimited

    16 Newhill Rd, Methuen, MA 01844

Frequently Asked Questions

How much does it cost to rent a single-family home in Methuen, MA?
The median rent for a single-family home in Methuen, MA is $3,498 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Methuen, MA?
To comfortably afford the median rent in Methuen, MA, a household needs to earn roughly $96,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,400 per month in Methuen, MA, renters typically need to show $7,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Methuen, MA?
In Methuen, MA, the price-to-rent ratio is 20.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Methuen, MA

Rental Home Trends

Number of Houses for Rent
1
Median Single Family Home Rent
$3,498
Median 3 Bedroom Single Family Home Rent
$3,393
Median 4 Bedroom Single Family Home Rent
$4,000
How to Rent a Home