Average Rent in 02111, Boston, MA

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Current Versus Historical 02111, Boston, MA Rents

02111 rentals average $2,646 for a studio rental to $6,300 for a 4-bedroom rental. The median price of all currently available listings is $4,200, or roughly $5 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $588 (-23.74%) year-over-year from $2,475 to $1,888. 1-bedroom rentals prices have decreased by $43 (-1.19%) year-over-year from $3,643 to $3,600. 2-bedroom rentals prices have increased by $725 (14.43%) year-over-year from $5,025 to $5,750. 3-bedroom rentals prices have decreased by $3,317 (-39.41%) year-over-year from $8,417 to $5,100. 4-bedroom rentals prices have increased by $500 (8.62%) year-over-year from $5,800 to $6,300. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 1.80% this month. 1-bedroom rents have gone up by 10.20% this month. 2-bedroom rents have gone up by 15.58% this month. 3-bedroom rents have gone down by 21.24% this month. 4-bedroom rents have gone down by 10.85% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.00 $1,888 $2,475 (-23.74%) $2,214 (-14.76%)
1 BR $5.03 $3,600 $3,643 (-1.19%) $2,516 (43.07%)
2 BR $4.70 $5,750 $5,025 (14.43%) $3,732 (54.09%)
3 BR $5.24 $5,100 $8,417 (-39.41%) $4,946 (3.12%)
4+ BR $3.82 $6,300 $5,800 (8.62%) $14,500 (-56.55%)

Historical Rents in 02111, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02111

There are a total of 11 cities nearby 02111. The average rent in 02111 is currently $3,350 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,455, is the most affordable city nearby. In contrast, the most expensive city near 02111, Boston, MA is Brookline, MA. Monthly rents here are on average $4,000 per month.

Let's compare 02111, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02111, Boston, MA is 32.92% more expensive than other cities nearby. One bedrooms are about 32.38% more expensive. Two bedrooms in 02111, Boston, MA are about 42.17% more expensive. Finally, rent for three bedrooms are about 53.09% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near 02111, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Quincy, MA $1,648 $2,310 $2,575 $2,536
Chelsea, MA $1,550 $2,225 $2,700 $2,675
Waltham, MA $100 $2,509 $3,000 $2,900
Watertown Town, MA $2,793 $2,725 $3,175 $3,100
Medford, MA N/A $2,548 $2,838 $3,350
Cambridge, MA $2,817 $3,036 $3,768 $3,549
Boston, MA $2,762 $3,399 $4,000 $3,653
Somerville, MA $2,063 $2,800 $3,700 $3,850
Brookline, MA $2,048 $3,000 $3,500 $4,000
Newton, MA $1,775 $2,300 $3,100 $4,000

Top Neighborhoods Near 02111

There are a total of 21 neighborhoods in or near 02111. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and North End. We've included all of these top 21 neighborhoods in or near 02111, Boston, MA in the following chart.

The average rent for these 21 neighborhoods in or near 02111, Boston, MA is currently around $3,725 per month. A total of 18 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $3,725. Out of all the neighborhoods in or near 02111, North Cambridge has the most affordable average rent at $3,176 per month. Whereas, at $4,500 average rent per month, Mission Hill is the most expensive neighborhood in or near 02111. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,953 $3,534 $3,176
Central Maverick Square - Paris Street, Boston, MA $2,455 $3,000 $3,348 $3,200
North End, Boston, MA $2,400 $3,165 $4,675 $3,500
Beacon Hill, Boston, MA $2,100 $3,600 $4,000 $3,500
Uphams Corner - Jones Hill, Boston, MA N/A $2,175 $2,850 $3,563
St. Elizabeth's, Boston, MA $2,275 $2,450 $3,700 $3,600
Columbia Point, Boston, MA $150 $2,452 $3,000 $3,640
East Cambridge, Cambridge, MA $3,000 $3,350 $4,395 $3,643
South End, Boston, MA $2,974 $3,400 $4,737 $3,658
West End, Boston, MA $3,100 $3,546 $5,030 $3,695
Coolidge Corner, Brookline, MA $2,048 $3,000 $3,400 $3,725
Commonwealth, Boston, MA $1,825 $2,350 $3,000 $3,800
North Allston, Boston, MA $3,143 $3,500 $4,721 $3,816
Downtown Boston, Boston, MA $2,835 $3,416 $4,500 $3,850
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,499 $3,877 $4,516 $3,931
Kendall Square, Cambridge, MA $3,245 $4,002 $4,658 $4,035
Chinatown - Leather District, Boston, MA $3,304 $3,745 $5,639 $4,100
D Street - West Broadway, Boston, MA $3,245 $3,805 $4,750 $4,167
Lower Roxbury, Boston, MA $2,250 $2,843 $4,200 $4,250
Back Bay, Boston, MA $2,500 $3,685 $5,800 $4,499
Mission Hill, Boston, MA N/A $2,800 $3,225 $4,500

Top Counties Near 02111

There are a total of 21 counties located by 02111, Boston, MA. Some of these counties include Quincy, MA, Chelsea, MA, and Waltham, MA. The average rent for rentals in these counties is $3,350. That's roughly around $3 per sqft. A total of 11 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,455. Vice versa, with an average rent of $4,000, Brookline, MA is the most expensive county by 02111, Boston, MA.

Typically, rent for studios in 02111, Boston, MA is 32.92% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02111, Boston, MA is 32.38% more expensive than other counties nearby. Finally, rent for two bedrooms in 02111, Boston, MA is 42.17% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Quincy, MA $1,648 $2,310 $2,575 $2,536
Chelsea, MA $1,550 $2,225 $2,700 $2,675
Waltham, MA $100 $2,509 $3,000 $2,900
Watertown Town, MA $2,793 $2,725 $3,175 $3,100
Medford, MA N/A $2,548 $2,838 $3,350
Cambridge, MA $2,817 $3,036 $3,768 $3,549
Boston, MA $2,762 $3,399 $4,000 $3,653
Somerville, MA $2,063 $2,800 $3,700 $3,850
Brookline, MA $2,048 $3,000 $3,500 $4,000
Newton, MA $1,775 $2,300 $3,100 $4,000

Top Zipcodes Near 02111

There are a total of 31 zipcodes in or near 02111, Boston, MA. The average rent for all of these zipcodes is $3,532. A total of 30 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02169, Quincy, MA at $2,575 per month. In comparison, the zipcode with the most expensive average rent of $4,650 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,410. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02111, Boston, MA is $2,803 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,582 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 02111, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02114, Boston, MA $2,695 $3,500 $4,240 $3,683
02210, Boston, MA $3,245 $3,813 $5,036 $4,111
02127, Boston, MA $2,780 $3,100 $3,800 $4,200
02118, Boston, MA $2,974 $3,398 $4,737 $3,715
02215, Boston, MA $2,363 $3,891 $4,500 $3,850
02116, Boston, MA $2,868 $3,555 $5,498 $4,147
02142, Cambridge, MA $3,095 $3,705 $4,488 $4,005
02135, Boston, MA $2,500 $3,099 $3,200 $3,488
02128, Boston, MA $2,500 $2,800 $3,400 $3,300
02138, Cambridge, MA $2,650 $2,750 $3,582 $3,325

Frequently Asked Questions - 02111 Average Rents

What is the average rent price in 02111, Boston, MA?
The average monthly rental price for 02111, Boston, MA apartments for rent is approximately $4,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02111, Boston, MA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 02111, Boston, MA.
How much is a studio apartment in 02111, Boston, MA?
The average monthly rental price for studio apartments is $2,646 and an average price per square feet of $6.00. There are a total of 9 studio apartment listings currently available for rent in 02111.
How much is a one bedroom apartment in 02111, Boston, MA?
The average monthly rental price for one bedroom apartments is $3,768 and an average price per square feet of $5.03. There are a total of 28 one bedroom apartment listings currently available for rent in 02111.
How much is a two bedroom apartment in 02111, Boston, MA?
The average monthly rental price for two bedroom apartments is $5,361 and an average price per square feet of $4.70. There are a total of 28 two bedroom apartment listings currently available for rent in 02111.
How have rent prices in 02111, Boston, MA changed this year?
Rent prices for rentals in 02111, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.24%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by -0.39% year-over-year.
What is a reasonable rent price in 02111, Boston, MA?
A reasonable rent price in 02111, Boston, MA is around $3,360/month. You can search for these reasonably priced rental listings on RentHop.
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