Average Rent in Boston, MA

Home  »  MA  »  Boston

Current Versus Historical Boston, MA Rents

Boston rentals average $2,790 for a studio rental to $4,800 for a 4-bedroom rental. The median price of all currently available listings is $3,600, or roughly $4 per square feet.
For the apartment units and housing in February 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $200 (9.76%) year-over-year from $2,050 to $2,250. 1-bedroom rentals prices have increased by $50 (1.82%) year-over-year from $2,750 to $2,800. 2-bedroom rentals prices have increased by $160 (5.06%) year-over-year from $3,165 to $3,325. 3-bedroom rentals prices have increased by $202 (5.68%) year-over-year from $3,548 to $3,750. 4-bedroom rentals prices have increased by $208 (4.35%) year-over-year from $4,792 to $5,000. 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 up by 1.89% this month. 1-bedroom rents have gone up by 2.44% this month. 2-bedroom rents have gone up by 4.45% this month. 3-bedroom rents have gone up by 1.81% this month. 4-bedroom rents have gone down by 1.64% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.84 $2,250 $2,050 (9.76%) $2,024 (11.18%)
1 BR $4.85 $2,800 $2,750 (1.82%) $2,150 (30.23%)
2 BR $4.00 $3,325 $3,165 (5.06%) $2,650 (25.47%)
3 BR $2.90 $3,750 $3,548 (5.68%) $3,050 (22.95%)
4+ BR $2.77 $5,000 $4,792 (4.35%) $4,167 (20.00%)

Historical Rents in Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Boston

There are a total of 12 cities nearby Boston. The average rent in Boston is currently $2,850 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 $2,200, is the most affordable city nearby. In contrast, the most expensive city near Boston, MA is Brookline, MA. Monthly rents here are on average $4,000 per month.

Let's compare Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Boston, MA is 40.85% more expensive than other cities nearby. One bedrooms are about 32.84% more expensive. Two bedrooms in Boston, MA are about 24.76% more expensive. Finally, rent for three bedrooms are about 11.11% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Everett, MA N/A $2,200 $2,600 $2,500
Quincy, MA $1,650 $2,200 $2,568 $2,586
Chelsea, MA $1,650 $2,100 $2,938 $2,625
Malden, MA $1,483 $2,150 $2,600 $2,730
Revere, MA $1,750 $2,200 $2,925 $2,800
Medford, MA N/A $2,400 $3,000 $3,200
Somerville, MA $1,650 $2,725 $3,200 $3,348
Cambridge, MA $2,890 $3,035 $3,709 $3,500
Brookline, MA $2,038 $3,050 $3,500 $4,000
Newton, MA N/A $2,300 $2,850 $4,000

Top Neighborhoods Near Boston

There are a total of 20 neighborhoods in or near Boston. Some of these neighborhoods include Uphams Corner - Jones Hill, Jeffries Point - Airport, and North Cambridge. We've included all of these top 20 neighborhoods in or near Boston, MA in the following chart.

The average rent for these 20 neighborhoods in or near Boston, MA is currently around $3,795 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $3,795. Interestingly, the neighborhoods' average rent is higher than Boston's average rent, which is only $3,600. Out of all the neighborhoods in or near Boston, Uphams Corner - Jones Hill has the most affordable average rent at $3,000 per month. Whereas, at $4,500 average rent per month, Mission Hill is the most expensive neighborhood in or near Boston. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Uphams Corner - Jones Hill, Boston, MA $2,100 $2,175 $2,750 $3,000
Jeffries Point - Airport, Boston, MA $2,350 $2,775 $3,325 $3,073
North Cambridge, Cambridge, MA $2,814 $2,953 $3,534 $3,176
West End, Boston, MA $2,720 $3,200 $4,413 $3,405
North End, Boston, MA $2,400 $3,295 $4,600 $3,580
North Allston, Boston, MA $2,500 $3,250 $4,200 $3,582
Columbia Point, Boston, MA N/A $2,500 $3,000 $3,600
St. Elizabeth's, Boston, MA $200 $2,300 $3,400 $3,695
East Cambridge, Cambridge, MA $3,087 $3,350 $4,527 $3,700
South End, Boston, MA $2,934 $3,405 $4,882 $3,773
Downtown Boston, Boston, MA $2,835 $3,415 $4,533 $3,818
Commonwealth, Boston, MA $1,063 $2,350 $2,900 $3,875
Chinatown - Leather District, Boston, MA $3,054 $3,490 $5,254 $3,902
Kendall Square, Cambridge, MA $3,052 $3,825 $4,660 $3,975
D Street - West Broadway, Boston, MA $3,112 $3,808 $4,689 $4,000
Coolidge Corner, Brookline, MA $2,045 $3,100 $3,500 $4,000
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,700 $3,920 $4,508 $4,072
Back Bay, Boston, MA $2,520 $3,300 $5,500 $4,250
Lower Roxbury, Boston, MA N/A $2,843 $3,600 $4,320
Mission Hill, Boston, MA N/A $3,075 $3,710 $4,500

Top Counties Near Boston

There are a total of 20 counties located by Boston, MA. Some of these counties include Everett, MA, Quincy, MA, and Chelsea, MA. The average rent for rentals in these counties is $2,899. That's roughly around $3 per sqft. A total of 11 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,200. Vice versa, with an average rent of $4,000, Brookline, MA is the most expensive county by Boston, MA.

Typically, rent for studios in Boston, MA is 40.85% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Boston, MA is 31.34% more expensive than other counties nearby. Finally, rent for two bedrooms in Boston, MA is 24.60% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Everett, MA N/A $2,200 $2,600 $2,500
Quincy, MA $1,650 $2,200 $2,568 $2,586
Chelsea, MA $1,650 $2,100 $2,938 $2,625
Malden, MA $1,483 $2,150 $2,600 $2,730
Revere, MA $1,750 $2,200 $2,925 $2,800
Medford, MA N/A $2,400 $3,000 $3,200
Somerville, MA $1,650 $2,725 $3,200 $3,348
Cambridge, MA $2,890 $3,035 $3,709 $3,500
Boston, MA $2,790 $3,350 $3,896 $3,600
Brookline, MA $2,038 $3,050 $3,500 $4,000

Top Zipcodes Near Boston

There are a total of 29 zipcodes in or near Boston, MA. The average rent for all of these zipcodes is $3,528. A total of 17 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02169, Quincy, MA at $2,540 per month. In comparison, the zipcode with the most expensive average rent of $4,650 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,510. 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 Boston, MA is $2,944 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,530 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 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 $2,720 $3,315 $4,400 $3,650
02210, Boston, MA $3,132 $3,819 $4,965 $4,091
02127, Boston, MA $2,780 $2,950 $3,600 $3,600
02118, Boston, MA $2,929 $3,375 $4,737 $3,700
02215, Boston, MA $2,510 $4,073 $4,500 $4,024
02116, Boston, MA $2,893 $3,555 $5,500 $4,211
02135, Boston, MA $2,500 $3,250 $3,400 $3,495
02142, Cambridge, MA $3,092 $3,688 $4,550 $3,867
02128, Boston, MA $2,350 $2,850 $3,200 $3,200
02138, Cambridge, MA $2,523 $2,742 $3,574 $3,100

Frequently Asked Questions - Boston Average Rents

What is the average rent price in Boston, MA?
The average monthly rental price for Boston, MA apartments for rent is approximately $3,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Boston, MA.
How much is a studio apartment in Boston, MA?
The average monthly rental price for studio apartments is $2,790 and an average price per square feet of $5.84. There are a total of 242 studio apartment listings currently available for rent in Boston.
How much is a one bedroom apartment in Boston, MA?
The average monthly rental price for one bedroom apartments is $3,350 and an average price per square feet of $4.85. There are a total of 850 one bedroom apartment listings currently available for rent in Boston.
How much is a two bedroom apartment in Boston, MA?
The average monthly rental price for two bedroom apartments is $3,896 and an average price per square feet of $4.00. There are a total of 889 two bedroom apartment listings currently available for rent in Boston.
How have rent prices in Boston, MA changed this year?
Rent prices for rentals in Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Boston, MA?
A reasonable rent price in Boston, MA is around $2,880/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast