Average Rent in Beacon Hill, Boston, MA

Current Versus Historical Beacon Hill, Boston, MA Rents

Beacon Hill rentals average $2,200 for a studio rental to $17,000 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $6 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 $167 (7.64%) year-over-year from $2,183 to $2,350. 1-bedroom rentals prices have increased by $435 (15.73%) year-over-year from $2,765 to $3,200. 2-bedroom rentals prices have increased by $28 (0.79%) year-over-year from $3,485 to $3,513. 3-bedroom rentals prices have increased by $333 (7.77%) year-over-year from $4,292 to $4,625. 4-bedroom rentals prices have decreased by $12,642 (-68.64%) year-over-year from $18,417 to $5,775. 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 0.35% this month. 1-bedroom rents have gone up by 8.47% this month. 2-bedroom rents have gone down by 1.24% this month. 3-bedroom rents have gone up by 0.91% 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 (% +/-)
Studio	$6.57	$2,350	$2,183 (7.64%)	$1,866 (25.95%)
1 BR	$6.33	$3,200	$2,765 (15.73%)	$2,248 (42.33%)
2 BR	$5.31	$3,513	$3,485 (0.79%)	$2,842 (23.61%)
3 BR	$6.10	$4,625	$4,292 (7.77%)	$3,632 (27.35%)
4+ BR	$3.78	$5,775	$18,417 (-68.64%)	$4,533 (27.39%)

Historical Rents in Beacon Hill, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Beacon Hill

There are a total of 10 cities nearby Beacon Hill. The average rent in Beacon Hill is currently $3,526 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,455, is the most affordable city nearby. In contrast, the most expensive city near Beacon Hill, Boston, MA is Newton, MA. Monthly rents here are on average $4,150 per month.

Let's compare Beacon Hill, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Beacon Hill, Boston, MA is 21.02% more expensive than other cities nearby. One bedrooms are about 26.09% more expensive. Two bedrooms in Beacon Hill, Boston, MA are about 24.39% more expensive. Finally, rent for three bedrooms are about 52.50% more expensive. Want more information? Check out the top 10 cities near Beacon Hill, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,700	$2,400	$2,550	$2,455
Chelsea, MA	$1,550	$2,200	$2,750	$2,517
Quincy, MA	$1,648	$2,225	$2,650	$2,600
Waltham, MA	$1,350	$2,437	$3,000	$2,850
Medford, MA	N/A	$2,698	$2,800	$3,500
Cambridge, MA	$2,838	$3,010	$3,785	$3,552
Boston, MA	$2,720	$3,398	$3,984	$3,636
Somerville, MA	$2,125	$2,775	$3,700	$3,900
Brookline, MA	$1,995	$2,700	$3,700	$3,950
Newton, MA	$1,775	$2,550	$3,200	$4,150

Top Neighborhoods Near Beacon Hill

There are a total of 19 neighborhoods in or near Beacon Hill. 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 Beacon Hill, Boston, MA in the following chart.

The average rent for these 19 neighborhoods in or near Beacon Hill, Boston, MA is currently around $3,800 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only sixteen neighborhoods have a higher average rent than $3,800. Interestingly, the neighborhoods' average rent is higher than Beacon Hill's average rent, which is only $3,500. Out of all the neighborhoods in or near Beacon Hill, North Cambridge has the most affordable average rent at $3,134 per month. Whereas, at $4,500 average rent per month, Back Bay is the most expensive neighborhood in or near Beacon Hill. 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	$3,295	$3,225
North End, Boston, MA	$2,400	$3,165	$4,450	$3,500
South End, Boston, MA	$3,008	$3,405	$4,663	$3,545
St. Elizabeth's, Boston, MA	$2,275	$2,395	$3,598	$3,600
Uphams Corner - Jones Hill, Boston, MA	N/A	$2,175	$2,875	$3,600
Columbia Point, Boston, MA	$150	$2,641	$3,000	$3,625
East Cambridge, Cambridge, MA	$2,995	$3,350	$4,429	$3,643
Coolidge Corner, Brookline, MA	$2,050	$2,700	$3,400	$3,675
Washington Square, Brookline, MA	$1,875	$2,700	$3,750	$3,800
North Allston, Boston, MA	$3,199	$3,500	$4,721	$3,819
Downtown Boston, Boston, MA	$2,835	$3,443	$4,500	$3,870
Commonwealth, Boston, MA	$1,900	$2,300	$3,000	$3,900
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,497	$3,891	$4,516	$3,950
Chinatown - Leather District, Boston, MA	$3,232	$3,603	$5,600	$4,005
Kendall Square, Cambridge, MA	$3,123	$3,998	$4,658	$4,038
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
Back Bay, Boston, MA	$2,350	$3,464	$5,800	$4,500

Top Counties Near Beacon Hill

There are a total of 19 counties located by Beacon Hill, Boston, MA. Some of these counties include Lynn, MA, Chelsea, MA, and Quincy, MA. The average rent for rentals in these counties is $3,526. That's roughly around $3 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,455. Vice versa, with an average rent of $4,150, Newton, MA is the most expensive county by Beacon Hill, Boston, MA.

Typically, rent for studios in Beacon Hill, Boston, MA is 21.02% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Beacon Hill, Boston, MA is 26.09% more expensive than other counties nearby. Finally, rent for two bedrooms in Beacon Hill, Boston, MA is 24.39% 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	$2,455
Chelsea, MA	$1,550	$2,200	$2,750	$2,517
Quincy, MA	$1,648	$2,225	$2,650	$2,600
Waltham, MA	$1,350	$2,437	$3,000	$2,850
Medford, MA	N/A	$2,698	$2,800	$3,500
Cambridge, MA	$2,838	$3,010	$3,785	$3,552
Boston, MA	$2,720	$3,398	$3,984	$3,636
Somerville, MA	$2,125	$2,775	$3,700	$3,900
Brookline, MA	$1,995	$2,700	$3,700	$3,950
Newton, MA	$1,775	$2,550	$3,200	$4,150

Top Zipcodes Near Beacon Hill

There are a total of 33 zipcodes in or near Beacon Hill, Boston, MA. The average rent for all of these zipcodes is $3,550. A total of 14 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 $4,650 per month is 02115, 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 Beacon Hill, 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 Beacon Hill, 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	$2,715	$3,415	$4,228	$3,670
02116, Boston, MA	$2,843	$3,535	$5,498	$3,968
02111, Boston, MA	$2,900	$3,498	$5,280	$4,015
02142, Cambridge, MA	$3,000	$3,679	$4,525	$4,025
02113, Boston, MA	$2,350	$3,200	$3,795	$3,500
02109, Boston, MA	$2,613	$3,316	$4,380	$3,548
02141, Cambridge, MA	$2,989	$3,350	$4,000	$3,550
02118, Boston, MA	$2,999	$3,398	$4,737	$3,576
02210, Boston, MA	$3,240	$3,800	$4,965	$4,100
02115, Boston, MA	$3,260	$2,875	$5,750	$4,650

Frequently Asked Questions - Beacon Hill Average Rents

What is the average rent price in Beacon Hill, Boston, MA?

The average monthly rental price for Beacon Hill, Boston, MA apartments for rent is approximately $3,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Beacon Hill, 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 Beacon Hill, Boston, MA.

How much is a studio apartment in Beacon Hill, Boston, MA?

The average monthly rental price for studio apartments is $2,200 and an average price per square feet of $6.57. There are a total of 13 studio apartment listings currently available for rent in Beacon Hill.

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

The average monthly rental price for one bedroom apartments is $3,550 and an average price per square feet of $6.33. There are a total of 24 one bedroom apartment listings currently available for rent in Beacon Hill.

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

The average monthly rental price for two bedroom apartments is $4,100 and an average price per square feet of $5.31. There are a total of 16 two bedroom apartment listings currently available for rent in Beacon Hill.

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

Rent prices for rentals in Beacon Hill, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in Beacon Hill, Boston, MA?

A reasonable rent price in Beacon Hill, Boston, MA is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.