Average Rent in 02116, Boston, MA

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Current Versus Historical 02116, Boston, MA Rents

02116 rentals average $2,498 for a studio rental to $8,250 for a 3-bedroom rental. The median price of all currently available listings is $3,600, or roughly $66 per square feet.

For the apartment units and housing in August 2026, median rents have risen over the last year. Studio rentals prices have increased by $30 (1.22%) year-over-year from $2,465 to $2,495. 1-bedroom rentals prices have increased by $184 (5.73%) year-over-year from $3,216 to $3,400. 2-bedroom rentals prices have decreased by $583 (-10.00%) year-over-year from $5,833 to $5,250. 3-bedroom rentals prices have decreased by $917 (-10.00%) year-over-year from $9,167 to $8,250. 4-bedroom rentals prices have decreased by $6,333 (-24.05%) year-over-year from $26,333 to $20,000. 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 4.28% this month. 1-bedroom rents have gone up by 1.77% this month. 2-bedroom rents have gone down by 2.48% this month. 3-bedroom rents have gone down by 2.55% this month. 4-bedroom rents have gone up by 10.10% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$72.00	$2,495	$2,465 (1.22%)	$2,367 (5.42%)
1 BR	$67.90	$3,400	$3,216 (5.73%)	$3,300 (3.03%)
2 BR	$60.56	$5,250	$5,833 (-10.00%)	$5,356 (-1.97%)
3 BR	$74.43	$8,250	$9,167 (-10.00%)	$7,197 (14.64%)

Historical Rents in 02116, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 02116

There are a total of 29 cities nearby 02116. The average rent in 02116 is currently $2,800 per month. A total of 26 cities nearby have an average rent lower than that. Our records show that Fitchburg, MA, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near 02116, Boston, MA is Lexington, MA. Monthly rents here are on average $4,825 per month.

Let's compare 02116, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02116, Boston, MA is 24.92% more expensive than other cities nearby. One bedrooms are about 34.19% more expensive. Two bedrooms in 02116, Boston, MA are about 47.62% more expensive. Finally, rent for three bedrooms are about 59.39% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near 02116, Boston, MA in the following table.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,150	$2,900	$2,200
Everett, MA	$1,875	$2,100	$2,500	$2,700
Malden, MA	$1,800	$2,050	$2,500	$2,700
Winthrop Town, MA	$1,700	$2,300	$2,750	$2,800
Watertown Town, MA	$2,940	$2,563	$2,900	$3,000
Medford, MA	$1,963	$2,200	$2,900	$3,150
Boston, MA	$2,300	$2,850	$3,300	$3,250
Somerville, MA	$2,050	$2,600	$3,200	$3,400
Cambridge, MA	$2,500	$2,950	$3,625	$3,550
Brookline, MA	$2,300	$2,750	$3,800	$3,675

Top Neighborhoods Near 02116

There are a total of 43 neighborhoods in or near 02116. Some of these neighborhoods include Commonwealth, Central Maverick Square - Paris Street, and St. Elizabeth's. We've included the top 30 neighborhoods out of 43 total neighborhoods in or near 02116, Boston, MA in the following table.

The average rent for these 30 neighborhoods in or near 02116, Boston, MA is currently around $3,300 per month. A total of 34 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than 02116's average rent, which is actually $3,600. Out of all the neighborhoods in or near 02116, Broadway has the most affordable average rent at $1,775 per month. Whereas, at $4,963 average rent per month, Downtown Boston is the most expensive neighborhood in or near 02116. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Commonwealth, Boston, MA	$2,000	$2,295	$2,775	$2,750
Central Maverick Square - Paris Street, Boston, MA	$1,995	$2,500	$3,025	$2,800
St. Elizabeth's, Boston, MA	$1,988	$2,400	$2,975	$2,895
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,300	$2,795	$3,940	$2,999
Jeffries Point - Airport, Boston, MA	$2,333	$2,500	$3,225	$3,000
Beacon Hill, Boston, MA	$2,499	$3,000	$4,100	$3,050
Oak Square, Boston, MA	$2,200	$2,400	$2,800	$3,150
East Somerville, Somerville, MA	$2,450	$2,500	$3,225	$3,200
Neighborhood Nine, Cambridge, MA	$2,500	$2,800	$3,650	$3,300
Mid-Cambridge, Cambridge, MA	$2,225	$2,900	$3,500	$3,300
Uphams Corner - Jones Hill, Boston, MA	N/A	$2,125	$2,800	$3,300
Columbia Point, Boston, MA	$2,300	$2,665	$3,250	$3,300
Mission Hill, Boston, MA	$1,738	$2,800	$2,900	$3,375
North Allston, Boston, MA	N/A	$2,850	$3,200	$3,398
North End, Boston, MA	$2,100	$2,698	$3,600	$3,400
Back Bay, Boston, MA	$2,495	$3,400	$4,800	$3,400
Coolidge Corner, Brookline, MA	$2,298	$2,750	$3,722	$3,438
South Medford, Medford, MA	N/A	$2,100	$3,000	$3,463
Hyde Square, Boston, MA	$2,800	$2,900	$2,900	$3,500
West End, Boston, MA	$2,819	$3,450	$4,948	$3,550
Chinatown - Leather District, Boston, MA	$2,525	$3,930	$4,050	$3,550
Washington Square, Brookline, MA	$1,998	$2,475	$3,650	$3,675
Thompson Square - Bunker Hill, Boston, MA	$2,450	$3,200	$3,850	$3,700
East Cambridge, Cambridge, MA	$3,128	$3,400	$4,225	$3,768
South End, Boston, MA	$2,400	$3,200	$4,250	$3,800
Columbus Park - Andrew Square, Boston, MA	N/A	$2,900	$3,875	$3,800
Brookline Village, Brookline, MA	$2,475	$2,600	$4,000	$4,000
Telegraph Hill, Boston, MA	$2,395	$2,598	$4,000	$4,000
D Street - West Broadway, Boston, MA	$2,950	$3,250	$4,500	$4,365
Downtown Boston, Boston, MA	$2,875	$3,985	$5,750	$4,963

Top Counties Near 02116

There are a total of 29 counties located by 02116, Boston, MA. Some of these counties include Chelsea, MA, Everett, MA, and Malden, MA. The average rent for rentals in these counties is $2,820. That's roughly around $32 per sqft. A total of 26 counties have a lower average rent. The county that is the most affordable is Worcester, MA. Its average rent per month is $2,050. Vice versa, with an average rent of $4,825, Lexington, MA is the most expensive county by 02116, Boston, MA.

Typically, rent for studios in 02116, Boston, MA is 21.92% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02116, Boston, MA is 34.19% more expensive than other counties nearby. Finally, rent for two bedrooms in 02116, Boston, MA is 47.62% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,150	$2,900	$2,200
Everett, MA	$1,875	$2,100	$2,500	$2,700
Malden, MA	$1,800	$2,050	$2,500	$2,700
Winthrop Town, MA	$1,700	$2,300	$2,750	$2,800
Watertown Town, MA	$2,940	$2,563	$2,900	$3,000
Medford, MA	$1,963	$2,200	$2,900	$3,150
Boston, MA	$2,300	$2,850	$3,300	$3,250
Somerville, MA	$2,050	$2,600	$3,200	$3,400
Cambridge, MA	$2,500	$2,950	$3,625	$3,550
Brookline, MA	$2,300	$2,750	$3,800	$3,675

Top Zipcodes Near 02116

There are a total of 25 zipcodes in or near 02116, Boston, MA. The average rent for all of these zipcodes is $3,100. A total of 20 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 01420, Fitchburg, MA at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 02111, Boston, MA.

Studios in these zipcodes have an average rent of $2,000. That's at least $54 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02116, Boston, MA is $2,563 per month. Or in other words, $47 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,100 per month. Which comes out to $40 per sqft. The following table includes the top 10 zipcodes in 02116, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02127, Boston, MA	$350	$2,800	$4,100	$3,975
02135, Boston, MA	$2,000	$2,400	$2,850	$2,950
02215, Boston, MA	$2,300	$2,842	$3,995	$3,100
02114, Boston, MA	$2,654	$3,350	$4,515	$3,550
02118, Boston, MA	$2,275	$3,200	$4,025	$3,760
02128, Boston, MA	$2,025	$2,500	$3,100	$3,000
02115, Boston, MA	$2,300	$2,998	$3,950	$3,250
02125, Boston, MA	$2,250	$2,620	$3,225	$3,300
02155, Medford, MA	$1,963	$2,200	$2,900	$3,150
02120, Boston, MA	$250	$3,000	$3,100	$3,950

Frequently Asked Questions - 02116 Average Rents

What is the average rent price in 02116, Boston, MA?

The average monthly rental price for 02116, Boston, MA apartments for rent is approximately $3,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 02116, 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 02116, Boston, MA.

How much is a studio apartment in 02116, Boston, MA?

The average monthly rental price for studio apartments is $2,498 and an average price per square feet of $72.00. There are a total of 42 studio apartment listings currently available for rent in 02116.

How much is a one bedroom apartment in 02116, Boston, MA?

The average monthly rental price for one bedroom apartments is $3,400 and an average price per square feet of $67.90. There are a total of 104 one bedroom apartment listings currently available for rent in 02116.

How much is a two bedroom apartment in 02116, Boston, MA?

The average monthly rental price for two bedroom apartments is $5,250 and an average price per square feet of $60.56. There are a total of 56 two bedroom apartment listings currently available for rent in 02116.

How have rent prices in 02116, Boston, MA changed this year?

Rent prices for rentals in 02116, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by -0.10%, three bedroom rental prices have changed by -0.10% year-over-year.

What is a reasonable rent price in 02116, Boston, MA?

A reasonable rent price in 02116, Boston, MA is around $2,880/month. You can search for these reasonably priced rental listings on RentHop.