Average Rent in 02127, Boston, MA

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Current Versus Historical 02127, Boston, MA Rents

02127 rentals average $2,700 for a studio rental to $5,800 for a 4-bedroom rental. The median price of all currently available listings is $4,225, or roughly $4 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $264 (11.32%) year-over-year from $2,333 to $2,598. 1-bedroom rentals prices have increased by $400 (14.41%) year-over-year from $2,775 to $3,175. 2-bedroom rentals prices have increased by $83 (2.24%) year-over-year from $3,717 to $3,800. 3-bedroom rentals prices have increased by $350 (7.95%) year-over-year from $4,400 to $4,750. 4-bedroom rentals prices have increased by $628 (11.71%) year-over-year from $5,367 to $5,995. 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 8.64% this month. 1-bedroom rents have gone up by 3.39% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 2.89% this month. 4-bedroom rents have gone up by 4.61% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.99	$2,598	$2,333 (11.32%)	$3,396 (-23.51%)
1 BR	$4.61	$3,175	$2,775 (14.41%)	$2,270 (39.87%)
2 BR	$4.13	$3,800	$3,717 (2.24%)	$2,895 (31.26%)
3 BR	$4.05	$4,750	$4,400 (7.95%)	$3,760 (26.34%)
4+ BR	$4.13	$5,995	$5,367 (11.71%)	$4,650 (28.92%)

Historical Rents in 02127, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 02127

There are a total of 10 cities nearby 02127. The average rent in 02127 is currently $3,490 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near 02127, Boston, MA is Brookline, MA. Monthly rents here are on average $4,100 per month.

Let's compare 02127, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02127, Boston, MA is 35.65% more expensive than other cities nearby. One bedrooms are about 21.05% more expensive. Two bedrooms in 02127, Boston, MA are about 17.97% more expensive. Finally, rent for three bedrooms are about 22.81% more expensive. Want more information? Check out the top 10 cities near 02127, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,700	$2,400	$2,500	$2,400
Chelsea, MA	$1,550	$2,200	$2,750	$2,517
Quincy, MA	$1,648	$2,225	$2,675	$2,600
Waltham, MA	$100	$2,553	$3,000	$2,926
Medford, MA	N/A	$2,495	$2,800	$3,450
Cambridge, MA	$2,825	$3,014	$3,754	$3,530
Boston, MA	$2,762	$3,400	$4,000	$3,650
Somerville, MA	$2,125	$2,800	$3,700	$3,900
Newton, MA	$1,775	$2,500	$3,200	$4,000
Brookline, MA	$2,048	$2,900	$3,675	$4,100

Top Neighborhoods Near 02127

There are a total of 19 neighborhoods in or near 02127. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and North End. We've included all of these top 19 neighborhoods in or near 02127, Boston, MA in the following chart.

The average rent for these 19 neighborhoods in or near 02127, Boston, MA is currently around $3,816 per month. A total of 17 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $3,816. Out of all the neighborhoods in or near 02127, North Cambridge has the most affordable average rent at $3,176 per month. Whereas, at $4,500 average rent per month, Back Bay is the most expensive neighborhood in or near 02127. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
North Cambridge, Cambridge, MA	$2,814	$2,953	$3,534	$3,176
Central Maverick Square - Paris Street, Boston, MA	$2,455	$2,945	$3,348	$3,225
North End, Boston, MA	$2,400	$3,165	$4,450	$3,500
Beacon Hill, Boston, MA	$2,150	$3,600	$4,100	$3,500
Uphams Corner - Jones Hill, Boston, MA	N/A	$2,175	$2,800	$3,550
South End, Boston, MA	$2,999	$3,460	$4,737	$3,590
St. Elizabeth's, Boston, MA	$2,275	$2,395	$3,700	$3,600
Columbia Point, Boston, MA	$150	$2,641	$2,900	$3,600
East Cambridge, Cambridge, MA	$2,995	$3,350	$4,427	$3,640
North Allston, Boston, MA	$3,199	$3,500	$4,721	$3,816
Downtown Boston, Boston, MA	$2,835	$3,426	$4,500	$3,858
Commonwealth, Boston, MA	$1,900	$2,350	$3,000	$3,900
Coolidge Corner, Brookline, MA	$2,048	$2,950	$3,500	$3,900
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,499	$3,870	$4,516	$3,931
Chinatown - Leather District, Boston, MA	$3,232	$3,638	$5,600	$3,960
Kendall Square, Cambridge, MA	$3,123	$4,005	$4,635	$4,032
D Street - West Broadway, Boston, MA	$3,245	$3,800	$4,750	$4,163
Mission Hill, Boston, MA	N/A	$2,800	$3,425	$4,500
Back Bay, Boston, MA	$2,300	$3,589	$5,878	$4,500

Top Counties Near 02127

There are a total of 19 counties located by 02127, Boston, MA. Some of these counties include Lynn, MA, Chelsea, MA, and Quincy, MA. The average rent for rentals in these counties is $3,490. That's roughly around $3 per sqft. A total of 10 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,400. Vice versa, with an average rent of $4,100, Brookline, MA is the most expensive county by 02127, Boston, MA.

Typically, rent for studios in 02127, Boston, MA is 35.65% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02127, Boston, MA is 21.05% more expensive than other counties nearby. Finally, rent for two bedrooms in 02127, Boston, MA is 17.97% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,700	$2,400	$2,500	$2,400
Chelsea, MA	$1,550	$2,200	$2,750	$2,517
Quincy, MA	$1,648	$2,225	$2,675	$2,600
Waltham, MA	$100	$2,553	$3,000	$2,926
Medford, MA	N/A	$2,495	$2,800	$3,450
Cambridge, MA	$2,825	$3,014	$3,754	$3,530
Boston, MA	$2,762	$3,400	$4,000	$3,650
Somerville, MA	$2,125	$2,800	$3,700	$3,900
Newton, MA	$1,775	$2,500	$3,200	$4,000
Brookline, MA	$2,048	$2,900	$3,675	$4,100

Top Zipcodes Near 02127

There are a total of 31 zipcodes in or near 02127, Boston, MA. The average rent for all of these zipcodes is $3,548. A total of 29 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02150, Chelsea, MA at $2,517 per month. In comparison, the zipcode with the most expensive average rent of $4,625 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,450. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02127, Boston, MA is $2,800 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,600 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 02127, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02114, Boston, MA	$2,695	$3,498	$4,240	$3,675
02210, Boston, MA	$3,245	$3,805	$4,983	$4,100
02118, Boston, MA	$2,974	$3,400	$4,782	$3,655
02215, Boston, MA	$2,300	$3,891	$4,500	$3,850
02116, Boston, MA	$2,868	$3,543	$5,500	$4,039
02142, Cambridge, MA	$3,000	$3,704	$4,507	$4,016
02135, Boston, MA	$2,500	$2,700	$3,300	$3,495
02138, Cambridge, MA	$2,515	$2,730	$3,582	$3,330
02128, Boston, MA	$2,500	$2,795	$3,325	$3,225
02140, Cambridge, MA	$2,450	$2,944	$3,600	$3,355

Frequently Asked Questions - 02127 Average Rents

What is the average rent price in 02127, Boston, MA?

The average monthly rental price for 02127, Boston, MA apartments for rent is approximately $4,225. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 02127, 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 02127, Boston, MA.

How much is a studio apartment in 02127, Boston, MA?

The average monthly rental price for studio apartments is $2,700 and an average price per square feet of $5.99. There are a total of 9 studio apartment listings currently available for rent in 02127.

How much is a one bedroom apartment in 02127, Boston, MA?

The average monthly rental price for one bedroom apartments is $3,200 and an average price per square feet of $4.61. There are a total of 31 one bedroom apartment listings currently available for rent in 02127.

How much is a two bedroom apartment in 02127, Boston, MA?

The average monthly rental price for two bedroom apartments is $3,779 and an average price per square feet of $4.13. There are a total of 75 two bedroom apartment listings currently available for rent in 02127.

How have rent prices in 02127, Boston, MA changed this year?

Rent prices for rentals in 02127, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in 02127, Boston, MA?

A reasonable rent price in 02127, Boston, MA is around $3,380/month. You can search for these reasonably priced rental listings on RentHop.