Average Rent in Allston, Boston, MA

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Current Versus Historical Allston, Boston, MA Rents

Allston rentals average $2,725 for a studio rental to $5,100 for a 4-bedroom rental. The median price of all currently available listings is $3,258, or roughly $5 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 $3 (0.13%) year-over-year from $1,948 to $1,950. 1-bedroom rentals prices have increased by $342 (14.49%) year-over-year from $2,358 to $2,700. 2-bedroom rentals prices have increased by $446 (15.35%) year-over-year from $2,904 to $3,350. 3-bedroom rentals prices have increased by $617 (18.78%) year-over-year from $3,283 to $3,900. 4-bedroom rentals prices have increased by $460 (9.31%) year-over-year from $4,940 to $5,400. 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 11.36% this month. 1-bedroom rents have gone up by 3.91% this month. 2-bedroom rents have gone up by 1.26% this month. 3-bedroom rents have gone up by 6.85% this month. 4-bedroom rents have gone down by 1.22% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.63 $1,950 $1,948 (0.13%) $2,281 (-14.50%)
1 BR $4.71 $2,700 $2,358 (14.49%) $2,065 (30.75%)
2 BR $4.77 $3,350 $2,904 (15.35%) $2,508 (33.55%)
3 BR $3.70 $3,900 $3,283 (18.78%) $2,992 (30.36%)
4+ BR $4.18 $5,400 $4,940 (9.31%) $4,208 (28.32%)

Historical Rents in Allston, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Allston

There are a total of 4 cities nearby Allston. The average rent in Allston is currently $3,437 per month. Only one city nearby has an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,584, is the most affordable city nearby. In contrast, the most expensive city near Allston, Boston, MA is Boston, MA. Monthly rents here are on average $3,685 per month.

Let's compare Allston, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Allston, Boston, MA is 11.15% more expensive than other cities nearby. One bedrooms are about 8.73% more affordable. Two bedrooms in Allston, Boston, MA are about 24.94% more expensive. Finally, rent for three bedrooms are about 8.19% more affordable. Want more information? Check out the top 4 cities near Allston, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Cambridge, MA $2,858 $3,075 $3,768 $3,423
Brookline, MA $1,985 $3,150 $3,300 $3,450
Boston, MA $2,999 $3,525 $4,431 $3,685

Top Neighborhoods Near Allston

There are a total of 8 neighborhoods in or near Allston. Some of these neighborhoods include North Cambridge, South End, and Downtown Boston. We've included all of these top 8 neighborhoods in or near Allston, Boston, MA in the following chart.

The average rent for these 8 neighborhoods in or near Allston, Boston, MA is currently around $3,751 per month. A total of one neighborhood has a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,751. Interestingly, the neighborhoods' average rent is higher than Allston's average rent, which is only $3,258. Out of all the neighborhoods in or near Allston, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $4,107 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near Allston. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,949 $3,547 $3,085
South End, Boston, MA $2,974 $3,525 $4,741 $3,538
Downtown Boston, Boston, MA $2,820 $3,350 $4,374 $3,650
East Cambridge, Cambridge, MA $3,000 $3,353 $4,361 $3,724
Chinatown - Leather District, Boston, MA $3,304 $3,638 $5,110 $3,777
D Street - West Broadway, Boston, MA $3,245 $3,743 $4,900 $4,011
Kendall Square, Cambridge, MA $3,123 $4,005 $4,661 $4,090
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,220 $4,094 $4,708 $4,107

Top Counties Near Allston

There are a total of 8 counties located by Allston, Boston, MA. Some of these counties include Chelsea, MA, Cambridge, MA, and Brookline, MA. The average rent for rentals in these counties is $3,437. That's roughly around $4 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,584. Vice versa, with an average rent of $3,685, Boston, MA is the most expensive county by Allston, Boston, MA.

Typically, rent for studios in Allston, Boston, MA is 11.15% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Allston, Boston, MA is 8.73% more affordable than other counties nearby. Finally, rent for two bedrooms in Allston, Boston, MA is 24.94% more expensive than other counties nearby. We've listed the top 4 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Cambridge, MA $2,858 $3,075 $3,768 $3,423
Brookline, MA $1,985 $3,150 $3,300 $3,450
Boston, MA $2,999 $3,525 $4,431 $3,685

Top Zipcodes Near Allston

There are a total of 13 zipcodes in or near Allston, Boston, MA. The average rent for all of these zipcodes is $3,533. A total of 3 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 $2,584 per month. In comparison, the zipcode with the most expensive average rent of $4,167 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,820. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Allston, Boston, MA is $3,373 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,378 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Allston, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02134, Boston, MA $3,199 $2,810 $3,200 $3,425
02135, Boston, MA $2,573 $3,104 $3,150 $3,300
02138, Cambridge, MA $2,515 $2,726 $3,571 $2,890
02215, Boston, MA $2,363 $4,092 $4,708 $4,022
02140, Cambridge, MA $2,660 $2,949 $3,534 $3,091
02142, Cambridge, MA $3,000 $3,906 $4,383 $4,167
02141, Cambridge, MA $3,042 $3,630 $4,452 $3,353
02116, Boston, MA $2,885 $3,545 $4,915 $3,725
02114, Boston, MA $2,820 $3,373 $4,325 $3,730
02118, Boston, MA $2,974 $3,525 $4,745 $3,566

Frequently Asked Questions - Allston Average Rents

What is the average rent price in Allston, Boston, MA?
The average monthly rental price for Allston, Boston, MA apartments for rent is approximately $3,258. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Allston, 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 Allston, Boston, MA.
How much is a studio apartment in Allston, Boston, MA?
The average monthly rental price for studio apartments is $2,725 and an average price per square feet of $5.63. There are a total of 16 studio apartment listings currently available for rent in Allston.
How much is a one bedroom apartment in Allston, Boston, MA?
The average monthly rental price for one bedroom apartments is $2,863 and an average price per square feet of $4.71. There are a total of 34 one bedroom apartment listings currently available for rent in Allston.
How much is a two bedroom apartment in Allston, Boston, MA?
The average monthly rental price for two bedroom apartments is $4,709 and an average price per square feet of $4.77. There are a total of 24 two bedroom apartment listings currently available for rent in Allston.
How have rent prices in Allston, Boston, MA changed this year?
Rent prices for rentals in Allston, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.19% year-over-year.
What is a reasonable rent price in Allston, Boston, MA?
A reasonable rent price in Allston, Boston, MA is around $2,606/month. You can search for these reasonably priced rental listings on RentHop.
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