Fall River, MA Rental Market Update – January 2025

The rental market in Fall River, MA, is experiencing steady growth as we step into 2025. With an average rent of $1,800 across all property types, the market has seen a $38 increase month-over-month and a $175 rise compared to the previous year. This upward trend highlights the growing appeal of Fall River as an affordable alternative to pricier neighboring cities, attracting both renters and investors.

 

The average rent in Fall River is $1,800, reflecting a month-over-month increase of $38 and a year-over-year increase of $175. There are currently 173 available rentals in the area, and the market temperature remains cool, meaning demand is steady but not exceptionally high. While the market is not as competitive as hotspots like Boston, this stability offers renters more negotiating power and opportunities for landlords to secure long-term tenants.

 

Rental prices in Fall River range from as low as $500 to as high as $4,716, covering a broad spectrum of housing options. The most common rental prices fall between $1,400 and $1,900, with the highest concentration at $1,700 and $1,800, each having 32 available units. Lower-priced rentals under $1,100 are rare, while rentals above $2,600 are also limited, indicating a preference for mid-range pricing in the area. This suggests that Fall River remains a solid choice for middle-income renters looking for reasonable housing costs compared to metro areas.

 

Over the past year, Fall River’s rental prices have climbed steadily, reflecting a broader trend in Massachusetts. The market’s average rent increased from $1,650 in January 2024 to $1,800 in January 2025. Although the market remains cooler compared to national averages, these incremental price hikes indicate sustained demand. February 2024 saw an average rent of $1,640, while October 2024 reached $1,800 before stabilizing. December 2024 showed a slight dip to $1,713, but the overall trend remains upward. Renters should anticipate continued price increases, making it beneficial to lock in a lease sooner rather than later.

 

Rent in Fall River is 10% lower than the national average of $2,000. Compared to neighboring areas, Fall River remains one of the more affordable options. Acushnet, MA, has an average rent of $2,200, Barrington, RI, sits at $2,300, Bristol, RI, averages $2,350, Somerset, MA, is higher at $2,500, and New Bedford, MA, matches Fall River at $1,800. This makes Fall River a competitive choice for those looking for affordability without sacrificing proximity to larger markets. The city’s affordability is a key selling point, especially for young professionals, families, and retirees seeking cost-effective living.

 

With rental prices rising but still below national averages, Fall River remains an attractive location for renters seeking affordability in Massachusetts. Landlords, on the other hand, can take advantage of stable demand while leveraging professional property management services to optimize their rental investments. JML Property Management specializes in comprehensive property management in Fall River, MA, helping landlords maximize returns through efficient tenant screening, maintenance coordination, and hassle-free rent collection. By utilizing an experienced property management company, landlords can attract quality tenants while reducing vacancy risks.

 

Navigating the Fall River rental market can be challenging, whether you're a tenant looking for the best rental deal or a landlord seeking reliable management solutions. JML Property Management offers expertise in the local market, ensuring smooth rental operations for property owners while providing tenants with well-maintained housing options. From lease agreements to maintenance requests, JML Property Management streamlines the entire rental process, making it easier and more efficient for all parties involved.

 

As we progress through 2025, the Fall River rental market remains a cost-effective choice in the region. With steadily rising rents and a range of housing options, both renters and landlords should stay informed about market trends. Whether you’re a renter looking for affordability or a landlord aiming to attract tenants, working with an experienced property management company like JML Property Management can make all the difference in securing long-term success in Fall River’s real estate market.