Average Rent in 02118, Boston, MA

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Current Versus Historical 02118, Boston, MA Rents

02118 rentals average $1,400 for a studio rental to $1,170 for a 4-bedroom rental. The median price of all currently available listings is $3,675, or roughly $58 per square feet.

For the apartment units and housing in September 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $100 (-6.67%) year-over-year from $1,500 to $1,400. 1-bedroom rentals prices have increased by $418 (13.54%) year-over-year from $3,083 to $3,500. 2-bedroom rentals prices have increased by $267 (6.78%) year-over-year from $3,933 to $4,200. 3-bedroom rentals prices have decreased by $383 (-7.53%) year-over-year from $5,083 to $4,700. 4-bedroom rentals prices have increased by $1,167 (17.86%) year-over-year from $6,533 to $7,700. 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 28.78% this month. 1-bedroom rents have gone up by 3.45% this month. 2-bedroom rents have gone up by 3.92% this month. 3-bedroom rents have gone up by 3.68% this month. 4-bedroom rents have gone up by 52.31% this month.

Beds	Price / Sqft	Sep 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$44.53	$1,400	$1,500 (-6.67%)	$2,836 (-50.63%)
1 BR	$60.00	$3,500	$3,083 (13.54%)	$3,183 (9.95%)
2 BR	$57.51	$4,200	$3,933 (6.78%)	$4,234 (-0.81%)
3 BR	$48.88	$4,700	$5,083 (-7.53%)	$4,916 (-4.39%)
4+ BR	$37.53	$7,700	$6,533 (17.86%)	$5,900 (30.51%)

Historical Rents in 02118, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 02118

There are a total of 28 cities nearby 02118. The average rent in 02118 is currently $2,846 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 $1,700, is the most affordable city nearby. In contrast, the most expensive city near 02118, Boston, MA is Lexington, MA. Monthly rents here are on average $4,800 per month.

Let's compare 02118, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02118, Boston, MA is 33.93% more affordable than other cities nearby. One bedrooms are about 33.91% more expensive. Two bedrooms in 02118, Boston, MA are about 30.63% more expensive. Finally, rent for three bedrooms are about 34.00% more expensive. Want more information? Check out the top 10 cities out of 28 total cities near 02118, Boston, MA in the following table.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,150	$2,800	$2,225
Everett, MA	$1,900	$2,000	$2,500	$2,600
Quincy, MA	$1,900	$2,213	$2,647	$2,650
Winthrop Town, MA	$1,700	$2,425	$2,723	$2,925
Watertown Town, MA	$2,715	$2,600	$2,800	$3,000
Boston, MA	$2,250	$2,825	$3,250	$3,200
Medford, MA	$1,925	$2,225	$2,900	$3,200
Somerville, MA	$2,400	$2,600	$3,188	$3,400
Cambridge, MA	$2,450	$2,950	$3,600	$3,525
Brookline, MA	$2,295	$2,775	$3,900	$3,600

Top Neighborhoods Near 02118

There are a total of 35 neighborhoods in or near 02118. Some of these neighborhoods include Glendale, Maplewood, and Commonwealth. We've included the top 30 neighborhoods out of 35 total neighborhoods in or near 02118, Boston, MA in the following table.

The average rent for these 30 neighborhoods in or near 02118, Boston, MA is currently around $3,200 per month. A total of 31 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than 02118's average rent, which is actually $3,675. Out of all the neighborhoods in or near 02118, Broadway has the most affordable average rent at $1,750 per month. Whereas, at $4,690 average rent per month, Downtown Boston is the most expensive neighborhood in or near 02118. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Glendale, Everett, MA	$1,900	$2,000	$2,450	$2,575
Maplewood, Malden, MA	N/A	$2,100	$2,600	$2,650
Commonwealth, Boston, MA	$2,000	$2,250	$2,700	$2,700
South Side, Waltham, MA	$1,800	$2,200	$2,700	$2,720
St. Elizabeth's, Boston, MA	$1,950	$2,300	$3,050	$2,800
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,225	$2,700	$3,800	$2,895
Beacon Hill, Boston, MA	$2,400	$2,975	$4,075	$3,000
Jeffries Point - Airport, Boston, MA	$2,325	$2,600	$3,225	$3,000
Jamaica Central - South Sumner, Boston, MA	$1,650	$2,875	$3,100	$3,100
Oak Square, Boston, MA	$2,363	$2,375	$2,850	$3,100
East Somerville, Somerville, MA	$2,450	$2,500	$2,995	$3,163
Harbor View - Orient Heights, Boston, MA	$1,700	$2,250	$3,150	$3,200
North Allston, Boston, MA	N/A	$2,825	$3,050	$3,200
Columbia Point, Boston, MA	$2,100	$2,620	$3,250	$3,238
Mission Hill, Boston, MA	$1,750	$2,600	$2,925	$3,238
Mid-Cambridge, Cambridge, MA	$2,125	$2,850	$3,425	$3,300
Neighborhood Nine, Cambridge, MA	$2,375	$2,825	$3,600	$3,350
Chinatown - Leather District, Boston, MA	$2,995	$4,000	$3,275	$3,375
Coolidge Corner, Brookline, MA	$2,200	$2,600	$3,675	$3,400
Washington Square, Brookline, MA	$2,225	$2,700	$3,400	$3,400
Back Bay, Boston, MA	$2,498	$3,325	$4,850	$3,400
Hyde Square, Boston, MA	$2,800	$2,650	$2,950	$3,448
North End, Boston, MA	$2,500	$2,800	$3,600	$3,500
South Medford, Medford, MA	N/A	$2,150	$2,975	$3,550
West End, Boston, MA	$2,939	$3,500	$4,735	$3,560
Thompson Square - Bunker Hill, Boston, MA	$2,000	$3,175	$3,800	$3,675
South End, Boston, MA	$2,250	$3,495	$4,200	$3,775
East Cambridge, Cambridge, MA	$3,215	$3,400	$4,075	$3,806
D Street - West Broadway, Boston, MA	$2,950	$3,875	$4,650	$4,450
Downtown Boston, Boston, MA	$2,825	$3,925	$5,500	$4,690

Top Counties Near 02118

There are a total of 28 counties located by 02118, Boston, MA. Some of these counties include Chelsea, MA, Everett, MA, and Quincy, MA. The average rent for rentals in these counties is $2,875. 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 $2,100. Vice versa, with an average rent of $4,800, Lexington, MA is the most expensive county by 02118, Boston, MA.

Typically, rent for studios in 02118, Boston, MA is 35.71% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02118, Boston, MA is 33.91% more expensive than other counties nearby. Finally, rent for two bedrooms in 02118, Boston, MA is 30.00% 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	$2,800	$2,225
Everett, MA	$1,900	$2,000	$2,500	$2,600
Quincy, MA	$1,900	$2,213	$2,647	$2,650
Winthrop Town, MA	$1,700	$2,425	$2,723	$2,925
Watertown Town, MA	$2,715	$2,600	$2,800	$3,000
Boston, MA	$2,250	$2,825	$3,250	$3,200
Medford, MA	$1,925	$2,225	$2,900	$3,200
Somerville, MA	$2,400	$2,600	$3,188	$3,400
Cambridge, MA	$2,450	$2,950	$3,600	$3,525
Brookline, MA	$2,295	$2,775	$3,900	$3,600

Top Zipcodes Near 02118

There are a total of 24 zipcodes in or near 02118, 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 $1,700 per month. In comparison, the zipcode with the most expensive average rent of $3,970 per month is 02127, 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 02118, Boston, MA is $2,575 per month. Or in other words, $47 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,088 per month. Which comes out to $40 per sqft. The following table includes the top 10 zipcodes in 02118, 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	$2,750	$3,995	$3,970
02135, Boston, MA	$2,000	$2,363	$2,800	$2,900
02215, Boston, MA	$2,200	$2,800	$3,900	$2,900
02116, Boston, MA	$2,500	$3,400	$5,500	$3,650
02114, Boston, MA	$2,500	$3,360	$4,470	$3,550
02128, Boston, MA	$1,995	$2,450	$3,100	$3,000
02125, Boston, MA	$2,000	$2,550	$3,183	$3,238
02115, Boston, MA	$2,400	$3,000	$4,013	$3,275
02120, Boston, MA	$250	$3,000	$3,075	$3,900
02155, Medford, MA	$1,925	$2,225	$2,900	$3,200

Frequently Asked Questions - 02118 Average Rents

What is the average rent price in 02118, Boston, MA?

The average monthly rental price for 02118, Boston, MA apartments for rent is approximately $3,675. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 02118, 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 02118, Boston, MA.

How much is a studio apartment in 02118, Boston, MA?

The average monthly rental price for studio apartments is $1,400 and an average price per square feet of $44.53. There are a total of 12 studio apartment listings currently available for rent in 02118.

How much is a one bedroom apartment in 02118, Boston, MA?

The average monthly rental price for one bedroom apartments is $3,403 and an average price per square feet of $60.00. There are a total of 70 one bedroom apartment listings currently available for rent in 02118.

How much is a two bedroom apartment in 02118, Boston, MA?

The average monthly rental price for two bedroom apartments is $4,000 and an average price per square feet of $57.51. There are a total of 70 two bedroom apartment listings currently available for rent in 02118.

How have rent prices in 02118, Boston, MA changed this year?

Rent prices for rentals in 02118, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.07%, three bedroom rental prices have changed by -0.08% year-over-year.

What is a reasonable rent price in 02118, Boston, MA?

A reasonable rent price in 02118, Boston, MA is around $2,940/month. You can search for these reasonably priced rental listings on RentHop.