Average Rent in Bay Village, Boston, MA

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Current Versus Historical Bay Village, Boston, MA Rents

Bay Village rentals average $2,550 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $5,650, or roughly $5 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $12 (-0.55%) year-over-year from $2,162 to $2,150. 1-bedroom rentals prices have decreased by $170 (-5.04%) year-over-year from $3,370 to $3,200. 2-bedroom rentals prices have increased by $33 (0.88%) year-over-year from $3,767 to $3,800. 3-bedroom rentals prices have decreased by $6,081 (-58.02%) year-over-year from $10,481 to $4,400. 4-bedroom rentals prices have decreased by $5,375 (-41.75%) year-over-year from $12,875 to $7,500. 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 down by 3.32% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 9.59% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.88 $3,200 $3,370 (-5.04%) $2,595 (23.31%)
2 BR $4.23 $3,800 $3,767 (0.88%) $3,975 (-4.41%)
3 BR $4.68 $4,400 $10,481 (-58.02%) $4,167 (5.60%)

Historical Rents in Bay Village, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Bay Village

There are a total of 2 cities nearby Bay Village. The average rent in Bay Village 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 Bay Village, Boston, MA is Boston, MA. Monthly rents here are on average $3,695 per month.

Let's compare Bay Village, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Bay Village, Boston, MA is inf% more affordable than other cities nearby. One bedrooms are about 29.26% more affordable. Two bedrooms in Bay Village, Boston, MA are about 29.15% more expensive. Finally, rent for three bedrooms are about 61.08% more expensive. Want more information? Check out the top 2 cities near Bay Village, 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 Bay Village

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

The average rent for these 8 neighborhoods in or near Bay Village, Boston, MA is currently around $3,688 per month. A total of 8 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Bay Village, 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 Bay Village. 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 Bay Village

There are a total of 8 counties located by Bay Village, 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 Bay Village, Boston, MA.

Typically, rent for studios in Bay Village, Boston, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Bay Village, Boston, MA is 29.26% more affordable than other counties nearby. Finally, rent for two bedrooms in Bay Village, Boston, MA is 29.15% 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 Bay Village

There are a total of 12 zipcodes in or near Bay Village, Boston, MA. The average rent for all of these zipcodes is $3,565. A total of 12 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 Bay Village, 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 Bay Village, 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
02114, Boston, MA $2,820 $3,395 $4,413 $3,725
02142, Cambridge, MA $3,245 $3,990 $4,436 $4,106
02109, Boston, MA N/A $3,339 $4,378 $3,533
02210, Boston, MA $3,240 $3,735 $4,930 $3,997
02141, Cambridge, MA $3,042 $3,630 $4,452 $3,353
02215, Boston, MA $2,660 $4,107 $4,927 $4,081
02134, Boston, MA $3,199 $2,810 $3,768 $3,434
02138, Cambridge, MA $2,515 $2,726 $3,571 $2,859

Frequently Asked Questions - Bay Village Average Rents

What is the average rent price in Bay Village, Boston, MA?
The average monthly rental price for Bay Village, Boston, MA apartments for rent is approximately $5,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Bay Village, 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 Bay Village, Boston, MA.
How much is a studio apartment in Bay Village, Boston, MA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Bay Village.
How much is a one bedroom apartment in Bay Village, Boston, MA?
The average monthly rental price for one bedroom apartments is $2,550 and an average price per square feet of $4.88. There are a total of 2 one bedroom apartment listings currently available for rent in Bay Village.
How much is a two bedroom apartment in Bay Village, Boston, MA?
The average monthly rental price for two bedroom apartments is $5,800 and an average price per square feet of $4.23. There are a total of 3 two bedroom apartment listings currently available for rent in Bay Village.
How have rent prices in Bay Village, Boston, MA changed this year?
Rent prices for rentals in Bay Village, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by -0.58% year-over-year.
What is a reasonable rent price in Bay Village, Boston, MA?
A reasonable rent price in Bay Village, Boston, MA is around $4,520/month. You can search for these reasonably priced rental listings on RentHop.
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