Rent in Ipswich, MA
A 2-bedroom in Ipswich, MA (ZIP 01938) typically rents for about $1,618 a month, with a range of $1,618–$3,008. Owner-occupied homes in Essex County pay about 1.04% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $2,440 | $2,440 | 1 |
| 1 bed | $1,456 | $1,456–$2,518 | 1 |
| 2 beds | $1,618 | $1,618–$3,008 | 1 |
| 3 beds | $1,823 | $1,823–$3,584 | 1 |
| 4 beds | $3,953 | $3,953 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Ipswich ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Ipswich, MA?
- About $1,618 a month: the median of the typical rents in 1 ZIP code, which range from $1,618–$3,008. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Ipswich, MA?
- About $1,456 a month: the median of the typical rents in 1 ZIP code, which range from $1,456–$2,518. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Ipswich, MA?
- About $1,823 a month: the median of the typical rents in 1 ZIP code, which range from $1,823–$3,584. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Ipswich, MA?
- About $2,440 a month: the median of the typical rents in 1 ZIP code, which range from $2,440. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Ipswich, MA?
- About $3,953 a month: the median of the typical rents in 1 ZIP code, which range from $3,953. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Ipswich, MA?
- Owner-occupied homes in Essex County pay a typical 1.04% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Ipswich rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).