Average Rent in Back Bay, Boston, MA

Current Versus Historical Back Bay, Boston, MA Rents

Back Bay rentals average $1,900 for a studio rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $4,019, or roughly $5 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $367 (-15.49%) year-over-year from $2,367 to $2,000. 1-bedroom rentals prices have increased by $1,033 (33.32%) year-over-year from $3,102 to $4,135. 2-bedroom rentals prices have increased by $260 (5.46%) year-over-year from $4,750 to $5,010. 3-bedroom rentals prices have increased by $1,063 (16.91%) year-over-year from $6,287 to $7,350. 4-bedroom rentals prices have increased by $14,033 (87.89%) year-over-year from $15,967 to $30,000. 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 14.65% this month. 1-bedroom rents have gone up by 15.29% this month. 2-bedroom rents have gone down by 1.18% this month. 3-bedroom rents have gone up by 2.05% this month. 4-bedroom rents have gone up by 10.77% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.02	$2,000	$2,367 (-15.49%)	$2,366 (-15.46%)
1 BR	$5.35	$4,135	$3,102 (33.32%)	$2,543 (62.58%)
2 BR	$4.23	$5,010	$4,750 (5.46%)	$3,936 (27.27%)

Historical Rents in Back Bay, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Back Bay

There are a total of 2 cities nearby Back Bay. The average rent in Back Bay is currently $3,554 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Cambridge, MA, with an average rent of $3,412, is the most affordable city nearby. In contrast, the most expensive city near Back Bay, Boston, MA is Boston, MA. Monthly rents here are on average $3,695 per month.

Let's compare Back Bay, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Back Bay, Boston, MA is 55.29% more affordable than other cities nearby. One bedrooms are about 10.55% more expensive. Two bedrooms in Back Bay, Boston, MA are about 17.11% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 2 cities near Back Bay, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Cambridge, MA	$2,923	$3,063	$3,768	$3,412
Boston, MA	$2,979	$3,530	$4,451	$3,695

Top Neighborhoods Near Back Bay

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

The average rent for these 8 neighborhoods in or near Back Bay, Boston, MA is currently around $3,688 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $3,688. Out of all the neighborhoods in or near Back Bay, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $4,162 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near Back Bay. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
North Cambridge, Cambridge, MA	$2,814	$2,944	$3,559	$3,085
East Cambridge, Cambridge, MA	$3,047	$3,342	$4,313	$3,543
South End, Boston, MA	$2,974	$3,531	$4,812	$3,573
Downtown Boston, Boston, MA	$2,818	$3,377	$4,355	$3,650
Chinatown - Leather District, Boston, MA	$3,304	$3,625	$5,122	$3,725
D Street - West Broadway, Boston, MA	$3,245	$3,738	$4,889	$4,000
Kendall Square, Cambridge, MA	$3,245	$4,070	$4,661	$4,130
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$3,400	$4,117	$4,864	$4,162

Top Counties Near Back Bay

There are a total of 8 counties located by Back Bay, Boston, MA. The average rent for rentals in these counties is $3,554. That's roughly around $4 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Cambridge, MA. It's average rent per month is $3,412. Vice versa, with an average rent of $3,695, Boston, MA is the most expensive county by Back Bay, Boston, MA.

Typically, rent for studios in Back Bay, Boston, MA is 55.29% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Back Bay, Boston, MA is 10.55% more expensive than other counties nearby. Finally, rent for two bedrooms in Back Bay, Boston, MA is 17.11% more expensive than other counties nearby. We've listed the top 2 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Cambridge, MA	$2,923	$3,063	$3,768	$3,412
Boston, MA	$2,979	$3,530	$4,451	$3,695

Top Zipcodes Near Back Bay

There are a total of 12 zipcodes in or near Back Bay, Boston, MA. The average rent for all of these zipcodes is $3,565. A total of 10 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02138, Cambridge, MA at $2,859 per month. In comparison, the zipcode with the most expensive average rent of $4,106 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,840. 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 Back Bay, Boston, MA is $3,463 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,424 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Back Bay, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02116, Boston, MA	$2,860	$3,545	$4,940	$3,730
02118, Boston, MA	$2,974	$3,531	$4,842	$3,598
02142, Cambridge, MA	$3,245	$3,990	$4,436	$4,106
02114, Boston, MA	$2,820	$3,395	$4,413	$3,725
02141, Cambridge, MA	$3,042	$3,630	$4,452	$3,353
02215, Boston, MA	$2,660	$4,107	$4,927	$4,081
02109, Boston, MA	N/A	$3,339	$4,378	$3,533
02210, Boston, MA	$3,240	$3,735	$4,930	$3,997
02134, Boston, MA	$3,199	$2,810	$3,768	$3,434
02135, Boston, MA	$2,573	$3,094	$3,175	$3,300

Frequently Asked Questions - Back Bay Average Rents

What is the average rent price in Back Bay, Boston, MA?

The average monthly rental price for Back Bay, Boston, MA apartments for rent is approximately $4,019. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Back Bay, 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 Back Bay, Boston, MA.

How much is a studio apartment in Back Bay, Boston, MA?

The average monthly rental price for studio apartments is $1,900 and an average price per square feet of $5.02. There are a total of 4 studio apartment listings currently available for rent in Back Bay.

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

The average monthly rental price for one bedroom apartments is $3,685 and an average price per square feet of $5.35. There are a total of 7 one bedroom apartment listings currently available for rent in Back Bay.

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

The average monthly rental price for two bedroom apartments is $4,958 and an average price per square feet of $4.23. There are a total of 7 two bedroom apartment listings currently available for rent in Back Bay.

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

Rent prices for rentals in Back Bay, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.15%, one bedroom rental prices have changed by 0.33%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.17% year-over-year.

What is a reasonable rent price in Back Bay, Boston, MA?

A reasonable rent price in Back Bay, Boston, MA is around $3,215/month. You can search for these reasonably priced rental listings on RentHop.