Average Rent in 02116, Boston, MA

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Current Versus Historical 02116, Boston, MA Rents

02116 rentals average $2,650 for a studio rental to $11,238 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $69 per square feet.
For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $25 (0.96%) year-over-year from $2,600 to $2,625. 1-bedroom rentals prices have increased by $58 (1.75%) year-over-year from $3,342 to $3,400. 2-bedroom rentals prices have decreased by $358 (-6.42%) year-over-year from $5,583 to $5,225. 3-bedroom rentals prices have decreased by $1,338 (-16.06%) year-over-year from $8,333 to $6,995. 4-bedroom rentals prices have decreased by $17,692 (-70.30%) year-over-year from $25,167 to $7,475. 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 1.25% this month. 1-bedroom rents have gone up by 2.80% this month. 2-bedroom rents have gone down by 1.42% this month. 3-bedroom rents have gone down by 14.94% this month. 4-bedroom rents have gone down by 39.35% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $77.14 $2,625 $2,600 (0.96%) $2,400 (9.38%)
1 BR $71.67 $3,400 $3,342 (1.75%) $3,233 (5.15%)
2 BR $63.62 $5,225 $5,583 (-6.42%) $5,036 (3.75%)
3 BR $64.13 $6,995 $8,333 (-16.06%) $6,802 (2.84%)
4+ BR $74.87 $7,475 $25,167 (-70.30%) $12,400 (-39.72%)

Historical Rents in 02116, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02116

There are a total of 27 cities nearby 02116. The average rent in 02116 is currently $2,795 per month. A total of 21 cities nearby have an average rent lower than that. Our records show that Fitchburg, MA, with an average rent of $1,800, 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 $5,325 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 32.08% more expensive than other cities nearby. One bedrooms are about 32.35% more expensive. Two bedrooms in 02116, Boston, MA are about 48.08% more expensive. Finally, rent for three bedrooms are about 52.47% more expensive. Want more information? Check out the top 10 cities out of 27 total cities near 02116, Boston, MA in the following table.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,575 $2,225 $2,600 $2,500
Everett, MA $1,800 $2,100 $2,500 $2,600
Winthrop Town, MA N/A $2,298 $2,650 $2,700
Malden, MA $1,800 $2,100 $2,573 $2,800
Watertown Town, MA $2,000 $2,400 $3,000 $3,200
Medford, MA $1,950 $2,450 $3,100 $3,300
Boston, MA $2,400 $2,950 $3,500 $3,450
Somerville, MA $2,350 $2,725 $3,300 $3,600
Brookline, MA $2,413 $3,000 $3,950 $3,800
Cambridge, MA $2,500 $3,000 $3,900 $3,895

Top Neighborhoods Near 02116

There are a total of 48 neighborhoods in or near 02116. Some of these neighborhoods include St. Elizabeth's, Commonwealth, and Central Maverick Square - Paris Street. We've included the top 30 neighborhoods out of 48 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 $3,538 per month. A total of 24 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $3,538. Interestingly, the neighborhoods' average rent is higher than 02116's average rent, which is only $3,500. Out of all the neighborhoods in or near 02116, Glendale has the most affordable average rent at $2,600 per month. Whereas, at $4,903 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
St. Elizabeth's, Boston, MA $2,050 $2,495 $3,150 $2,950
Commonwealth, Boston, MA $2,050 $2,350 $2,965 $3,000
Central Maverick Square - Paris Street, Boston, MA $2,138 $2,700 $2,995 $3,095
Jeffries Point - Airport, Boston, MA $2,575 $2,598 $3,000 $3,125
Uphams Corner - Jones Hill, Boston, MA $900 $2,500 $2,900 $3,200
Lower Roxbury, Boston, MA $2,300 $2,700 $3,650 $3,200
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,450 $2,875 $3,950 $3,200
Mid-Cambridge, Cambridge, MA $2,500 $2,825 $3,625 $3,225
Beacon Hill, Boston, MA $2,500 $3,175 $3,800 $3,275
Brookline Village, Brookline, MA $2,425 $3,000 $3,600 $3,333
Back Bay, Boston, MA $2,500 $3,300 $4,625 $3,350
Oak Square, Boston, MA $2,488 $2,400 $2,975 $3,450
Columbia Point, Boston, MA $2,275 $3,000 $3,350 $3,500
Sav-Mor, Boston, MA N/A $2,250 $2,650 $3,500
North End, Boston, MA $2,625 $2,950 $3,600 $3,600
North Allston, Boston, MA $2,550 $3,095 $4,150 $3,600
Coolidge Corner, Brookline, MA $2,500 $2,955 $4,000 $3,700
East Cambridge, Cambridge, MA $3,305 $3,325 $4,191 $3,750
West End, Boston, MA $2,835 $3,675 $4,800 $3,770
South End, Boston, MA $2,500 $3,600 $4,550 $3,800
Thompson Square - Bunker Hill, Boston, MA $2,475 $3,400 $3,950 $3,850
Wellington - Harrington, Cambridge, MA N/A $2,550 $3,350 $3,900
Columbus Park - Andrew Square, Boston, MA N/A $3,250 $3,650 $3,900
Mission Hill, Boston, MA $1,785 $2,650 $3,350 $3,925
Washington Square, Brookline, MA $2,125 $3,000 $3,775 $4,000
D Street - West Broadway, Boston, MA $3,200 $3,400 $4,400 $4,163
Chinatown - Leather District, Boston, MA $1,600 $4,150 $5,810 $4,250
City Point, Boston, MA $1,650 $3,300 $4,275 $4,400
Telegraph Hill, Boston, MA $2,450 $3,000 $4,175 $4,500
Downtown Boston, Boston, MA $2,900 $3,695 $5,586 $4,903

Top Counties Near 02116

There are a total of 27 counties located by 02116, Boston, MA. Some of these counties include Chelsea, MA, Everett, MA, and Winthrop Town, MA. The average rent for rentals in these counties is $2,800. That's roughly around $33 per sqft. A total of 21 counties have a lower average rent. The county that is the most affordable is Worcester, MA. Its average rent per month is $2,200. Vice versa, with an average rent of $5,325, Lexington, MA is the most expensive county by 02116, Boston, MA.

Typically, rent for studios in 02116, Boston, MA is 32.08% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02116, Boston, MA is 32.35% more expensive than other counties nearby. Finally, rent for two bedrooms in 02116, Boston, MA is 48.08% 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 $1,575 $2,225 $2,600 $2,500
Everett, MA $1,800 $2,100 $2,500 $2,600
Winthrop Town, MA N/A $2,298 $2,650 $2,700
Malden, MA $1,800 $2,100 $2,573 $2,800
Watertown Town, MA $2,000 $2,400 $3,000 $3,200
Medford, MA $1,950 $2,450 $3,100 $3,300
Boston, MA $2,400 $2,950 $3,500 $3,450
Somerville, MA $2,350 $2,725 $3,300 $3,600
Brookline, MA $2,413 $3,000 $3,950 $3,800
Cambridge, MA $2,500 $3,000 $3,900 $3,895

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 $3,200. A total of 16 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 $1,800 per month. In comparison, the zipcode with the most expensive average rent of $4,450 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,000. That's at least $59 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 $2,535 per month. Or in other words, $48 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,100 per month. Which comes out to $42 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 $1,975 $3,050 $4,000 $4,300
02135, Boston, MA $2,100 $2,450 $3,000 $3,125
02215, Boston, MA $2,300 $2,908 $4,000 $3,200
02114, Boston, MA $2,625 $3,525 $4,398 $3,695
02118, Boston, MA $2,375 $3,600 $4,200 $3,810
02128, Boston, MA $2,200 $2,535 $3,000 $3,048
02115, Boston, MA $2,598 $2,980 $4,000 $3,250
02125, Boston, MA $2,220 $2,710 $3,183 $3,400
02155, Medford, MA $1,950 $2,450 $3,100 $3,300
02120, Boston, MA $1,275 $3,135 $3,600 $4,450

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 $3,500. 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 $2,650 and an average price per square feet of $77.14. There are a total of 55 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 $71.67. There are a total of 98 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 $5,200 and an average price per square feet of $63.62. There are a total of 44 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 0.02%, two bedroom rental prices have changed by -0.06%, three bedroom rental prices have changed by -0.16% year-over-year.
What is a reasonable rent price in 02116, Boston, MA?
A reasonable rent price in 02116, Boston, MA is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.
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