realestate

New England Towns to See Soaring Rent Prices, Experts Warn

New England towns' rentals expected to see significant price increases.

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nvesting in real estate can be a key component of building wealth, but it's essential to choose the right rental market. While major cities like New York and Los Angeles often come to mind as prime investment opportunities, several cities around New England are poised for growth.

    Real estate professionals predict that prices will continue to rise in these areas, driven by strong demand from renters. Here are some top picks:

    Burlington, Vermont: Rent prices have already increased significantly, with an average hike of $150 per month since 2025. The city's transformation into a creative and entrepreneurial hub has made it attractive to younger residents.

    Cambridge, Massachusetts: This New England town remains a top choice due to its proximity to world-class schools and industries. With an average rent price over $3,500, Cambridge is a sound investment for those seeking a steady stream of renters.

    Enfield, Connecticut: Located near the Massachusetts border, Enfield offers a thriving downtown and picturesque landscape. A major revitalization effort is underway, which will bring jobs and increased housing demand.

    Manchester, New Hampshire: This charming town is home to several college campuses, providing a steady supply of renters. Rent prices have been trending up since 2025, making it an attractive option for investors.

    Middletown, Connecticut: With a redevelopment plan in place, Middletown is another town worth keeping on your radar. Its lively downtown area and increasing rent prices make it an appealing investment opportunity.

    Newport, Rhode Island: Zillow reports that the average rent in Newport is around $3,800 and climbing, driven by the town's summer tourist population. However, for those looking to live there full-time, waiting until after the summer rush may be a good strategy.

    Pittsfield, Massachusetts: This city offers stunning natural beauty, thriving arts and dining scenes, but its competitive housing market means prices are on the rise.

    Portsmouth, New Hampshire: With its picturesque historic downtown and waterfront, Portsmouth is a desirable location. Home prices have dropped 7.6% from last year, making it an attractive option for investors.

    Worcester, Massachusetts: Rent prices in Worcester have climbed due to a thriving college community, but the area also offers stunning parks, lakes, and dining options, making it an appealing choice for renters.

    For savvy buyers, investing in real estate – particularly in areas with high rental demand – can provide a solid foundation against economic downturns or additional income streams.

New England towns face rising rent prices, experts issue warning nationwide.