Average Rent in 02115, Boston, MA

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Current Versus Historical 02115, Boston, MA Rents

02115 rentals average $4,500 for a studio rental to $5,200 for a 4-bedroom rental. The median price of all currently available listings is $4,000, 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 $42 (-1.86%) year-over-year from $2,242 to $2,200. 1-bedroom rentals prices have increased by $63 (2.18%) year-over-year from $2,863 to $2,925. 2-bedroom rentals prices have increased by $156 (4.31%) year-over-year from $3,617 to $3,773. 3-bedroom rentals prices have increased by $575 (12.99%) year-over-year from $4,425 to $5,000. 4-bedroom rentals prices have increased by $625 (11.01%) year-over-year from $5,675 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 down by 2.94% this month. 1-bedroom rents have gone up by 0.94% this month. 2-bedroom rents have gone up by 2.21% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 4.42% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $2,200 $2,242 (-1.86%) $1,975 (11.39%)
1 BR $6.62 $2,925 $2,863 (2.18%) $2,217 (31.95%)
2 BR $4.27 $3,773 $3,617 (4.31%) $2,900 (30.09%)
3 BR $4.50 $5,000 $4,425 (12.99%) $4,000 (25.00%)
4+ BR N/A $6,300 $5,675 (11.01%) $5,292 (19.06%)

Historical Rents in 02115, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02115

There are a total of 3 cities nearby 02115. The average rent in 02115 is currently $3,400 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,584, is the most affordable city nearby. In contrast, the most expensive city near 02115, Boston, MA is Boston, MA. Monthly rents here are on average $3,700 per month.

Let's compare 02115, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02115, Boston, MA is 36.50% more expensive than other cities nearby. One bedrooms are about 9.16% more affordable. Two bedrooms in 02115, Boston, MA are about 21.55% more affordable. Finally, rent for three bedrooms are about 23.71% more expensive. Want more information? Check out the top 3 cities near 02115, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Cambridge, MA $2,858 $3,063 $3,768 $3,400
Boston, MA $2,999 $3,530 $4,431 $3,700

Top Neighborhoods Near 02115

There are a total of 9 neighborhoods in or near 02115. Some of these neighborhoods include North Cambridge, South End, and Downtown Boston. We've included all of these top 9 neighborhoods in or near 02115, Boston, MA in the following chart.

The average rent for these 9 neighborhoods in or near 02115, Boston, MA is currently around $3,725 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $3,725. Out of all the neighborhoods in or near 02115, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $4,096 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near 02115. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,949 $3,547 $3,085
South End, Boston, MA $2,974 $3,531 $4,812 $3,550
Downtown Boston, Boston, MA $2,820 $3,377 $4,348 $3,650
East Cambridge, Cambridge, MA $2,989 $3,342 $4,395 $3,700
Chinatown - Leather District, Boston, MA $3,304 $3,600 $4,960 $3,725
West End, Boston, MA $3,140 $3,578 $4,938 $3,768
D Street - West Broadway, Boston, MA $3,278 $3,740 $4,900 $4,000
Kendall Square, Cambridge, MA $3,123 $4,010 $4,660 $4,062
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,220 $4,092 $4,708 $4,096

Top Counties Near 02115

There are a total of 9 counties located by 02115, Boston, MA. Some of these counties include Chelsea, MA, Cambridge, MA, and Boston, MA. The average rent for rentals in these counties is $3,400. That's roughly around $4 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,584. Vice versa, with an average rent of $3,700, Boston, MA is the most expensive county by 02115, Boston, MA.

Typically, rent for studios in 02115, Boston, MA is 36.50% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02115, Boston, MA is 9.16% more affordable than other counties nearby. Finally, rent for two bedrooms in 02115, Boston, MA is 21.55% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Cambridge, MA $2,858 $3,063 $3,768 $3,400
Boston, MA $2,999 $3,530 $4,431 $3,700

Top Zipcodes Near 02115

There are a total of 13 zipcodes in or near 02115, Boston, MA. The average rent for all of these zipcodes is $3,533. A total of 11 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02150, Chelsea, MA at $2,584 per month. In comparison, the zipcode with the most expensive average rent of $4,115 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,820. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02115, Boston, MA is $3,398 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,378 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 02115, 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 $2,820 $3,398 $4,215 $3,695
02210, Boston, MA $3,245 $3,735 $4,950 $3,956
02118, Boston, MA $2,974 $3,531 $4,842 $3,576
02215, Boston, MA $2,363 $4,087 $4,708 $4,011
02116, Boston, MA $3,068 $3,565 $4,915 $3,925
02135, Boston, MA $2,573 $3,104 $3,175 $3,300
02142, Cambridge, MA $3,000 $3,866 $4,465 $4,115
02138, Cambridge, MA $2,515 $2,726 $3,571 $2,859
02134, Boston, MA $3,199 $2,810 $3,200 $3,425
02140, Cambridge, MA $2,587 $2,943 $3,547 $3,079

Frequently Asked Questions - 02115 Average Rents

What is the average rent price in 02115, Boston, MA?
The average monthly rental price for 02115, Boston, MA apartments for rent is approximately $4,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02115, 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 02115, Boston, MA.
How much is a studio apartment in 02115, Boston, MA?
The average monthly rental price for studio apartments is $4,500 and an average price per square feet of $0. There are a total of 2 studio apartment listings currently available for rent in 02115.
How much is a one bedroom apartment in 02115, Boston, MA?
The average monthly rental price for one bedroom apartments is $2,806 and an average price per square feet of $6.62. There are a total of 4 one bedroom apartment listings currently available for rent in 02115.
How much is a two bedroom apartment in 02115, Boston, MA?
The average monthly rental price for two bedroom apartments is $3,100 and an average price per square feet of $4.27. There are a total of 3 two bedroom apartment listings currently available for rent in 02115.
How have rent prices in 02115, Boston, MA changed this year?
Rent prices for rentals in 02115, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in 02115, Boston, MA?
A reasonable rent price in 02115, Boston, MA is around $3,200/month. You can search for these reasonably priced rental listings on RentHop.
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