Average Rent in Back Bay, Boston, MA

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Current Versus Historical Back Bay, Boston, MA Rents

Back Bay rentals average $2,400 for a studio rental to $20,000 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $5 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $277 (12.39%) year-over-year from $2,233 to $2,510. 1-bedroom rentals prices have increased by $58 (1.85%) year-over-year from $3,152 to $3,210. 2-bedroom rentals prices have increased by $335 (6.96%) year-over-year from $4,816 to $5,151. 3-bedroom rentals prices have increased by $1,115 (18.24%) year-over-year from $6,114 to $7,229. 4-bedroom rentals prices have increased by $11,283 (67.50%) year-over-year from $16,717 to $28,000. 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 5.64% this month. 1-bedroom rents have gone up by 1.21% this month. 2-bedroom rents have gone up by 2.30% this month. 3-bedroom rents have gone up by 2.16% this month. 4-bedroom rents have gone up by 31.76% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.05 $2,510 $2,233 (12.39%) $2,501 (0.37%)
1 BR $5.38 $3,210 $3,152 (1.85%) $2,493 (28.74%)
2 BR $5.40 $5,151 $4,816 (6.96%) $3,786 (36.05%)
3 BR $5.19 $7,229 $6,114 (18.24%) $4,808 (50.34%)
4+ BR $5.65 $28,000 $16,717 (67.50%) $7,759 (260.89%)

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 10 cities nearby Back Bay. The average rent in Back Bay is currently $3,517 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 Back Bay, Boston, MA is Brookline, MA. Monthly rents here are on average $4,000 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 27.60% more expensive than other cities nearby. One bedrooms are about 28.18% more expensive. Two bedrooms in Back Bay, Boston, MA are about 46.55% more expensive. Finally, rent for three bedrooms are about 52.50% more expensive. Want more information? Check out the top 10 cities near Back Bay, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Lynn, MA $1,700 $2,400 $2,550 $2,400
Chelsea, MA $1,550 $2,200 $2,800 $2,509
Quincy, MA $1,648 $2,225 $2,600 $2,600
Waltham, MA $725 $2,437 $3,000 $2,850
Medford, MA N/A $2,548 $2,800 $3,500
Cambridge, MA $2,838 $3,005 $3,789 $3,534
Boston, MA $2,745 $3,400 $3,984 $3,636
Somerville, MA $2,125 $2,775 $3,700 $3,900
Brookline, MA $2,020 $2,950 $3,700 $4,000
Newton, MA $1,775 $2,500 $3,200 $4,000

Top Neighborhoods Near Back Bay

There are a total of 18 neighborhoods in or near Back Bay. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and North End. We've included all of these top 18 neighborhoods in or near Back Bay, Boston, MA in the following chart.

The average rent for these 18 neighborhoods in or near Back Bay, Boston, MA is currently around $3,721 per month. A total of 18 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Back Bay, North Cambridge has the most affordable average rent at $3,134 per month. Whereas, at $4,500 average rent per month, Mission Hill 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 $2,953 $3,547 $3,134
Central Maverick Square - Paris Street, Boston, MA $2,418 $3,000 $3,348 $3,225
North End, Boston, MA $2,400 $3,165 $4,450 $3,500
St. Elizabeth's, Boston, MA $2,275 $2,395 $3,598 $3,500
Beacon Hill, Boston, MA $2,200 $3,550 $4,100 $3,500
South End, Boston, MA $3,008 $3,425 $4,700 $3,545
Uphams Corner - Jones Hill, Boston, MA N/A $2,175 $2,800 $3,575
Columbia Point, Boston, MA $150 $2,641 $3,000 $3,625
East Cambridge, Cambridge, MA $2,995 $3,350 $4,429 $3,642
Commonwealth, Boston, MA $1,900 $2,300 $3,000 $3,800
Coolidge Corner, Brookline, MA $2,048 $3,000 $3,400 $3,800
North Allston, Boston, MA $3,199 $3,500 $4,721 $3,819
Downtown Boston, Boston, MA $2,835 $3,426 $4,500 $3,858
Chinatown - Leather District, Boston, MA $3,232 $3,603 $5,600 $3,995
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,499 $3,899 $4,508 $4,000
Kendall Square, Cambridge, MA $3,123 $3,998 $4,640 $4,037
D Street - West Broadway, Boston, MA $3,240 $3,795 $4,750 $4,158
Mission Hill, Boston, MA N/A $2,800 $3,425 $4,500

Top Counties Near Back Bay

There are a total of 18 counties located by Back Bay, Boston, MA. Some of these counties include Lynn, MA, Chelsea, MA, and Quincy, MA. The average rent for rentals in these counties is $3,517. 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 $4,000, Brookline, MA is the most expensive county by Back Bay, Boston, MA.

Typically, rent for studios in Back Bay, Boston, MA is 27.60% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Back Bay, Boston, MA is 28.18% more expensive than other counties nearby. Finally, rent for two bedrooms in Back Bay, Boston, MA is 46.55% 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 $2,550 $2,400
Chelsea, MA $1,550 $2,200 $2,800 $2,509
Quincy, MA $1,648 $2,225 $2,600 $2,600
Waltham, MA $725 $2,437 $3,000 $2,850
Medford, MA N/A $2,548 $2,800 $3,500
Cambridge, MA $2,838 $3,005 $3,789 $3,534
Boston, MA $2,745 $3,400 $3,984 $3,636
Somerville, MA $2,125 $2,775 $3,700 $3,900
Brookline, MA $2,020 $2,950 $3,700 $4,000
Newton, MA $1,775 $2,500 $3,200 $4,000

Top Zipcodes Near Back Bay

There are a total of 33 zipcodes in or near Back Bay, Boston, MA. The average rent for all of these zipcodes is $3,548. A total of 32 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 $2,509 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 $2,500. 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 Back Bay, Boston, MA is $2,810 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 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 $2,843 $3,535 $5,500 $4,002
02118, Boston, MA $2,999 $3,400 $4,737 $3,583
02142, Cambridge, MA $3,000 $3,679 $4,507 $4,015
02111, Boston, MA $2,900 $3,498 $5,201 $4,005
02114, Boston, MA $2,715 $3,455 $4,228 $3,675
02115, Boston, MA $3,260 $2,900 $5,200 $4,200
02141, Cambridge, MA $2,989 $3,350 $4,000 $3,500
02215, Boston, MA $2,248 $3,883 $4,508 $3,818
02120, Boston, MA N/A $2,800 $3,600 $4,625
02113, Boston, MA $2,350 $3,200 $3,795 $3,500

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 $4,500. 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 $2,400 and an average price per square feet of $6.05. There are a total of 15 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 $3,514 and an average price per square feet of $5.38. There are a total of 42 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 $5,800 and an average price per square feet of $5.40. There are a total of 27 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 0.12%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.18% 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 $3,600/month. You can search for these reasonably priced rental listings on RentHop.
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