Average Rent in 02124, Boston, MA

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Current Versus Historical 02124, Boston, MA Rents

02124 rentals average $2,400 for a 1-bedroom rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $32 per square feet.
For the apartment units and housing in August 2026, median rents have risen over the last year. Studio rentals prices have decreased by $72 (-3.47%) year-over-year from $2,067 to $1,995. 1-bedroom rentals prices have increased by $121 (5.30%) year-over-year from $2,279 to $2,400. 2-bedroom rentals prices have decreased by $125 (-4.59%) year-over-year from $2,725 to $2,600. 3-bedroom rentals prices have decreased by $8 (-0.26%) year-over-year from $3,183 to $3,175. 4-bedroom rentals prices have decreased by $133 (-3.57%) year-over-year from $3,733 to $3,600. 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 0.00% this month. 1-bedroom rents have gone up by 0.70% this month. 2-bedroom rents have gone down by 2.50% this month. 3-bedroom rents have gone down by 1.52% this month. 4-bedroom rents have gone up by 1.17% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $45.04 $2,400 $2,279 (5.30%) $1,508 (59.12%)
2 BR $33.10 $2,600 $2,725 (-4.59%) $2,617 (-0.64%)
3 BR $31.52 $3,175 $3,183 (-0.26%) $2,975 (6.72%)
4+ BR $27.43 $3,600 $3,733 (-3.57%) $3,433 (4.85%)

Historical Rents in 02124, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02124

There are a total of 28 cities nearby 02124. The average rent in 02124 is currently $2,810 per month. A total of 19 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 02124, Boston, MA is Lexington, MA. Monthly rents here are on average $4,825 per month.

Let's compare 02124, Boston, MA's rent against other top cities nearby by bedroom size. One bedrooms are about 6.51% more expensive. Two bedrooms in 02124, Boston, MA are about 5.77% more affordable. Finally, rent for three bedrooms are about 8.73% more affordable. Want more information? Check out the top 10 cities out of 28 total cities near 02124, Boston, MA in the following table.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,150 $2,900 $2,200
Weymouth Town, MA $1,625 $2,125 $2,750 $2,498
Quincy, MA $1,750 $2,200 $2,600 $2,600
Winthrop Town, MA $1,700 $2,300 $2,750 $2,800
Watertown Town, MA $2,940 $2,563 $2,900 $3,000
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
Newton, MA $1,975 $2,500 $2,950 $3,850

Top Neighborhoods Near 02124

There are a total of 43 neighborhoods in or near 02124. Some of these neighborhoods include South Quincy, Commonwealth, and Central Maverick Square - Paris Street. We've included the top 30 neighborhoods out of 43 total neighborhoods in or near 02124, Boston, MA in the following table.

The average rent for these 30 neighborhoods in or near 02124, Boston, MA is currently around $3,300 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $3,300. Interestingly, the neighborhoods' average rent is higher than 02124's average rent, which is only $3,000. Out of all the neighborhoods in or near 02124, 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 02124. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Quincy, Quincy, MA N/A $2,365 $2,548 $2,600
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
Harbor View - Orient Heights, Boston, MA $1,700 $2,423 $3,100 $3,200
Jamaica Central - South Sumner, Boston, MA $1,650 $2,875 $3,200 $3,200
Uphams Corner - Jones Hill, Boston, MA N/A $2,125 $2,800 $3,300
Neighborhood Nine, Cambridge, MA $2,500 $2,800 $3,650 $3,300
Mid-Cambridge, Cambridge, MA $2,225 $2,900 $3,500 $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
Back Bay, Boston, MA $2,495 $3,400 $4,800 $3,400
North End, Boston, MA $2,100 $2,698 $3,600 $3,400
Coolidge Corner, Brookline, MA $2,298 $2,750 $3,722 $3,438
Hyde Square, Boston, MA $2,800 $2,900 $2,900 $3,500
West End, Boston, MA $2,819 $3,450 $4,948 $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 02124

There are a total of 29 counties located by 02124, Boston, MA. Some of these counties include Chelsea, MA, Weymouth Town, MA, and Quincy, MA. The average rent for rentals in these counties is $2,925. That's roughly around $32 per sqft. A total of 18 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 02124, Boston, MA.

In comparison, rent for one bedroom listings in 02124, Boston, MA is 6.25% more expensive than other counties nearby. Finally, rent for two bedrooms in 02124, Boston, MA is 6.73% more affordable 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
Weymouth Town, MA $1,625 $2,125 $2,750 $2,498
Quincy, MA $1,750 $2,200 $2,600 $2,600
Winthrop Town, MA $1,700 $2,300 $2,750 $2,800
Watertown Town, MA $2,940 $2,563 $2,900 $3,000
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
Newton, MA $1,975 $2,500 $2,950 $3,850

Top Zipcodes Near 02124

There are a total of 25 zipcodes in or near 02124, Boston, MA. The average rent for all of these zipcodes is $3,150. A total of 11 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 $2,025. That's at least $57 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02124, Boston, MA is $2,620 per month. Or in other words, $49 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,100 per month. Which comes out to $41 per sqft. The following table includes the top 10 zipcodes in 02124, 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
02125, Boston, MA $2,250 $2,620 $3,225 $3,300
02215, Boston, MA $2,300 $2,842 $3,995 $3,100
02128, Boston, MA $2,025 $2,500 $3,100 $3,000
02118, Boston, MA $2,275 $3,200 $4,025 $3,760
02116, Boston, MA $2,498 $3,400 $5,250 $3,600
02114, Boston, MA $2,654 $3,350 $4,515 $3,550
02115, Boston, MA $2,300 $2,998 $3,950 $3,250
02169, Quincy, MA $1,500 $2,388 $2,670 $2,665

Frequently Asked Questions - 02124 Average Rents

What is the average rent price in 02124, Boston, MA?
The average monthly rental price for 02124, Boston, MA apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02124, 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 02124, Boston, MA.
How much is a one bedroom apartment in 02124, Boston, MA?
The average monthly rental price for one bedroom apartments is $2,400 and an average price per square feet of $45.04. There are a total of 10 one bedroom apartment listings currently available for rent in 02124.
How much is a two bedroom apartment in 02124, Boston, MA?
The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $33.10. There are a total of 38 two bedroom apartment listings currently available for rent in 02124.
How have rent prices in 02124, Boston, MA changed this year?
Rent prices for rentals in 02124, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by -0.05%, three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in 02124, Boston, MA?
A reasonable rent price in 02124, Boston, MA is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.