Average Rent in 02118, Boston, MA

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Current Versus Historical 02118, Boston, MA Rents

02118 rentals average $2,350 for a studio rental to $2,885 for a 4-bedroom rental. The median price of all currently available listings is $3,800, or roughly $60 per square feet.
For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $567 (31.78%) year-over-year from $1,783 to $2,350. 1-bedroom rentals prices have increased by $371 (11.48%) year-over-year from $3,229 to $3,600. 2-bedroom rentals prices have decreased by $100 (-2.44%) year-over-year from $4,100 to $4,000. 3-bedroom rentals prices have decreased by $591 (-11.01%) year-over-year from $5,366 to $4,775. 4-bedroom rentals prices have increased by $525 (9.09%) year-over-year from $5,775 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 1.48% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 6.61% this month. 3-bedroom rents have gone down by 3.70% this month. 4-bedroom rents have gone up by 40.31% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $71.22 $2,350 $1,783 (31.78%) $2,790 (-15.77%)
1 BR $66.75 $3,600 $3,229 (11.48%) $3,242 (11.05%)
2 BR $54.81 $4,000 $4,100 (-2.44%) $4,017 (-0.41%)
3 BR $51.06 $4,775 $5,366 (-11.01%) $5,175 (-7.73%)
4+ BR $26.94 $6,300 $5,775 (9.09%) $5,800 (8.62%)

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 $2,761 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 $1,800, 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 $5,000 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 22.34% more expensive than other cities nearby. One bedrooms are about 36.15% more expensive. Two bedrooms in 02118, Boston, MA are about 34.79% more expensive. Finally, rent for three bedrooms are about 31.82% 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 $2,073 $2,600 $2,400
Winthrop Town, MA N/A $2,298 $2,650 $2,695
Everett, MA $1,825 $2,100 $2,500 $2,700
Quincy, MA $1,663 $2,200 $2,700 $2,700
Watertown Town, MA $2,000 $2,398 $3,000 $3,200
Medford, MA $1,950 $2,350 $3,000 $3,300
Boston, MA $2,400 $2,950 $3,450 $3,400
Somerville, MA $2,275 $2,700 $3,300 $3,540
Cambridge, MA $2,500 $3,000 $3,900 $3,800
Brookline, MA $2,400 $3,000 $3,900 $3,800

Top Neighborhoods Near 02118

There are a total of 50 neighborhoods in or near 02118. Some of these neighborhoods include Commonwealth, Central Maverick Square - Paris Street, and St. Elizabeth's. We've included the top 30 neighborhoods out of 50 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 $3,406 per month. A total of 39 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than 02118's average rent, which is actually $3,800. Out of all the neighborhoods in or near 02118, South Quincy has the most affordable average rent at $2,600 per month. Whereas, at $4,790 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
Commonwealth, Boston, MA $2,000 $2,300 $2,900 $2,898
Central Maverick Square - Paris Street, Boston, MA $2,138 $2,650 $3,000 $3,000
St. Elizabeth's, Boston, MA $2,000 $2,450 $3,100 $3,000
Uphams Corner - Jones Hill, Boston, MA N/A $2,600 $2,850 $3,100
Jeffries Point - Airport, Boston, MA $2,548 $2,648 $3,100 $3,100
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,450 $2,820 $3,993 $3,195
Beacon Hill, Boston, MA $2,550 $3,125 $3,775 $3,200
Brookline Village, Brookline, MA $2,425 $2,950 $3,500 $3,200
Mid-Cambridge, Cambridge, MA $2,500 $2,900 $3,575 $3,300
Oak Square, Boston, MA $2,488 $2,500 $3,000 $3,350
Back Bay, Boston, MA $2,500 $3,350 $4,700 $3,400
Sav-Mor, Boston, MA N/A $2,300 $2,600 $3,411
Columbia Point, Boston, MA $2,283 $2,945 $3,445 $3,470
Washington Park, Boston, MA N/A $2,363 $2,900 $3,600
Coolidge Corner, Brookline, MA $2,400 $2,900 $3,900 $3,600
Highland Park, Boston, MA N/A $2,800 $3,000 $3,600
North End, Boston, MA $2,450 $2,950 $3,675 $3,600
North Allston, Boston, MA $2,550 $3,000 $4,000 $3,600
Hyde Square, Boston, MA N/A $3,000 $2,948 $3,625
Mission Hill, Boston, MA $1,775 $2,600 $3,500 $3,700
South End, Boston, MA $2,475 $3,625 $4,500 $3,800
East Cambridge, Cambridge, MA $3,275 $3,350 $4,222 $3,800
West End, Boston, MA $2,915 $3,593 $5,010 $3,845
Thompson Square - Bunker Hill, Boston, MA $2,475 $3,350 $4,250 $3,900
Columbus Park - Andrew Square, Boston, MA N/A $3,750 $3,600 $3,925
Washington Square, Brookline, MA $1,995 $3,000 $3,800 $3,950
City Point, Boston, MA $1,650 $3,200 $3,850 $4,000
D Street - West Broadway, Boston, MA $2,933 $3,585 $4,450 $4,200
Telegraph Hill, Boston, MA $2,450 $2,950 $4,000 $4,300
Downtown Boston, Boston, MA $2,900 $3,875 $5,570 $4,790

Top Counties Near 02118

There are a total of 28 counties located by 02118, Boston, MA. Some of these counties include Chelsea, MA, Winthrop Town, MA, and Everett, MA. The average rent for rentals in these counties is $2,775. 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 $2,200. Vice versa, with an average rent of $5,000, Lexington, MA is the most expensive county by 02118, Boston, MA.

Typically, rent for studios in 02118, Boston, MA is 22.34% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02118, Boston, MA is 36.15% more expensive than other counties nearby. Finally, rent for two bedrooms in 02118, Boston, MA is 34.79% 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 $2,073 $2,600 $2,400
Winthrop Town, MA N/A $2,298 $2,650 $2,695
Everett, MA $1,825 $2,100 $2,500 $2,700
Quincy, MA $1,663 $2,200 $2,700 $2,700
Watertown Town, MA $2,000 $2,398 $3,000 $3,200
Medford, MA $1,950 $2,350 $3,000 $3,300
Boston, MA $2,400 $2,950 $3,450 $3,400
Somerville, MA $2,275 $2,700 $3,300 $3,540
Cambridge, MA $2,500 $3,000 $3,900 $3,800
Brookline, MA $2,400 $3,000 $3,900 $3,800

Top Zipcodes Near 02118

There are a total of 25 zipcodes in or near 02118, Boston, MA. The average rent for all of these zipcodes is $3,200. A total of 22 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 $4,425 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $1,950. That's at least $61 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 $2,600 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 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 $1,950 $3,000 $4,000 $4,100
02135, Boston, MA $2,100 $2,450 $2,950 $3,100
02215, Boston, MA $2,295 $2,850 $4,000 $3,200
02116, Boston, MA $2,650 $3,500 $5,300 $3,550
02114, Boston, MA $2,650 $3,415 $4,385 $3,600
02128, Boston, MA $2,150 $2,513 $3,100 $3,000
02125, Boston, MA $2,283 $2,705 $3,200 $3,300
02115, Boston, MA $2,548 $2,900 $4,038 $3,200
02120, Boston, MA $250 $3,195 $3,600 $4,425
02155, Medford, MA $1,950 $2,350 $3,000 $3,300

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 $3,800. 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 $2,350 and an average price per square feet of $71.22. There are a total of 22 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 $3,600 and an average price per square feet of $66.75. There are a total of 93 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 $4,100 and an average price per square feet of $54.81. There are a total of 80 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 0.32%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by -0.02%, three bedroom rental prices have changed by -0.11% year-over-year.
What is a reasonable rent price in 02118, Boston, MA?
A reasonable rent price in 02118, Boston, MA is around $3,040/month. You can search for these reasonably priced rental listings on RentHop.
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