Medford, Massachusetts Short Term Rental Regulations
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Reviewed by Derick Hargrave
Last updated September 03, 2023
Medford Short-Term Rental Regulations
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Short Term City Rating4.9
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Competition
4.4 -
Real Estate Cost
3.2 -
STR Regulations
N/A -
Seasonality
3.5 -
Rental Rates
8.5
Medford, Massachusetts Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 65,399
- STR License Required
- No
- Tourist Season
- May to September
- County
- Middlesex
- Airports
- Boston Logan International Airport (BOS)
- Manchester-Boston Regional Airport (MHT)
Want to learn more about Medford?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Medford rental analytics guide if you're interested in data on the Medford rental market.
Review the popular activities that hosts include in their property positing in Medford.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Medford guests.
Interested in other Massachusetts cities?
Check out the Massachusetts short term rental regulations directory
What makes Medford a great place to invest?
- Proximity to Boston: Medford's close proximity to Boston, one of the most visited cities in the United States, makes it a convenient and cost-effective option for travelers looking to explore the Greater Boston area. With easy access to public transportation and major highways, guests can enjoy the best of both worlds - the peace and quiet of suburban living and the excitement of the city.
- Rich Historical Significance: Medford is steeped in history, being one of the oldest settlements in the United States. It is home to several historical sites, including the Isaac Royall House, which is a National Historic Landmark, and the Amelia Earhart residence. History enthusiasts will appreciate the opportunity to explore these sites and learn about the region's past.
- Access to Natural Beauty: The city boasts an abundance of green spaces, including the Middlesex Fells Reservation, a 2,575-acre natural reserve that offers hiking, biking, and bird-watching opportunities. This access to nature makes Medford an attractive destination for outdoor enthusiasts and those looking to escape the hustle and bustle of city life.
- Educational Institutions: Medford is home to Tufts University, a prestigious private research university that attracts students, faculty, and visitors from around the world. The presence of the university contributes to a vibrant and diverse community and creates a steady demand for short-term accommodations.
- Diverse Culinary Scene: Medford offers a wide range of dining options, from classic New England fare to international cuisine. Foodies will appreciate the opportunity to explore the city's diverse culinary scene, and the variety of options ensures that there is something to suit every palate.
Medford Nearby Cities
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2 miles away
- Rating: 4.6
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4 miles away
- Rating: 4.5
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Local Real Estate
How expensive is the real estate in Medford?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Medford has increased 1% over the past year, and the average price per square foot is $687, which is higher than the national average.
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Median Sale Price
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$963,787
1% YoY
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Median per Square Foot
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$687
0% YoY
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Average Monthly Rent
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$3,178
6% YoY
The most common terms hosts include in their listings for Medford, Massachusetts
Common terms for Medford short term rental listings.
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Medford has a description approximately 1,511 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 2,992 listings in Medford, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Boston, Place, Comfortable, Desk, Walking, Easy, Quiet, Car, Downtown Boston, and Coffee maker.
What are the most popular tourist activities in Medford?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Medford involve Museums, the City Centre, Swimming, Outlet Shopping, and Surfing. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
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Museums
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City Centre
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Swimming
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Outlet Shopping
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Surfing
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Cycling
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Whale Watching
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Health Spa
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Zoo
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Boating
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Sailing
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Casinos
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Medford, including Harvard University, TD Garden, Boston Common, Northeastern University, and Copley Square. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
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Well Known Attraction
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Harvard University
Included on 58% of listings
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Well Known Attraction
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Encore Boston Harbor
Included on 58% of listings
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Well Known Attraction
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Massachusetts Institute of Technology
Included on 58% of listings
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Well Known Attraction
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TD Garden
Included on 57% of listings
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Well Known Attraction
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Boston Common
Included on 57% of listings
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Well Known Attraction
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Northeastern University
Included on 57% of listings
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Well Known Attraction
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Massachusetts General Hospital
Included on 57% of listings
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Well Known Attraction
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Copley Place
Included on 57% of listings
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Well Known Attraction
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Copley Square
Included on 57% of listings
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Well Known Attraction
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Boston Convention and Exhibition Center
Included on 57% of listings
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Well Known Attraction
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Harvard Square
Included on 57% of listings
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Well Known Attraction
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Boston Museum of Fine Arts
Included on 57% of listings
What’s the weather like in Medford, Massachusetts?
The weather is generally milder than the national average, with an average high temperature of around 59°, while the average low is about 44°. The rainfall is much heavier, averaging about 38 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 33 inches per year. The humidity levels in Medford are generally lower than the national average, and the city tends to be a bit cloudy for most of the year.
Winter
December through February
25° Low 38° High
Spring
March through May
41° Low 57° High
Summer
June through August
63° Low 79° High
Fall
September through November
46° Low 61° High
Cities Near Medford
Medford, Massachusetts, is located in Middlesex County. Some cities that are located nearby include:
