Average Rent in Boston, MA

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Current Versus Historical Boston, MA Rents

Boston rentals average $2,745 for a studio rental to $4,800 for a 4-bedroom rental. The median price of all currently available listings is $3,636, or roughly $4 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 $305 (14.59%) year-over-year from $2,090 to $2,395. 1-bedroom rentals prices have increased by $100 (3.64%) year-over-year from $2,750 to $2,850. 2-bedroom rentals prices have increased by $202 (6.31%) year-over-year from $3,198 to $3,400. 3-bedroom rentals prices have increased by $217 (6.40%) year-over-year from $3,383 to $3,600. 4-bedroom rentals prices have increased by $600 (13.64%) year-over-year from $4,400 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 1.09% this month. 1-bedroom rents have gone up by 2.43% this month. 2-bedroom rents have gone up by 0.99% this month. 3-bedroom rents have gone down by 1.82% this month. 4-bedroom rents have gone down by 1.96% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.00 $2,395 $2,090 (14.59%) $2,163 (10.73%)
1 BR $5.00 $2,850 $2,750 (3.64%) $2,162 (31.84%)
2 BR $4.20 $3,400 $3,198 (6.31%) $2,633 (29.11%)
3 BR $3.09 $3,600 $3,383 (6.40%) $3,017 (19.34%)
4+ BR $3.14 $5,000 $4,400 (13.64%) $4,033 (23.97%)

Historical Rents in Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Boston

There are a total of 9 cities nearby Boston. The average rent in Boston is currently $3,500 per month. A total of 6 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 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 38.07% more expensive than other cities nearby. One bedrooms are about 26.47% more expensive. Two bedrooms in Boston, MA are about 24.70% more expensive. Finally, rent for three bedrooms are about 8.22% more affordable. Want more information? Check out the top 9 cities near 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
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 Boston

There are a total of 19 neighborhoods in or near Boston. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and St. Elizabeth's. We've included all of these top 19 neighborhoods in or near Boston, MA in the following chart.

The average rent for these 19 neighborhoods in or near Boston, MA is currently around $3,800 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $3,800. Interestingly, the neighborhoods' average rent is higher than Boston's average rent, which is only $3,636. Out of all the neighborhoods in or near Boston, 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 Boston. 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
St. Elizabeth's, Boston, MA $2,275 $2,395 $3,598 $3,500
North End, Boston, MA $2,400 $3,165 $4,450 $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
Coolidge Corner, Brookline, MA $2,048 $3,000 $3,400 $3,800
Commonwealth, Boston, MA $1,900 $2,300 $3,000 $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
Back Bay, Boston, MA $2,400 $3,514 $5,800 $4,500
Mission Hill, Boston, MA N/A $2,800 $3,425 $4,500

Top Counties Near Boston

There are a total of 19 counties located by 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 7 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 Boston, MA.

Typically, rent for studios in Boston, MA is 36.70% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Boston, MA is 25.77% more expensive than other counties nearby. Finally, rent for two bedrooms in Boston, MA is 22.19% 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 Boston

There are a total of 33 zipcodes in or near Boston, MA. The average rent for all of these zipcodes is $3,548. A total of 19 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 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 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 $3,455 $4,228 $3,675
02210, Boston, MA $3,240 $3,800 $4,965 $4,100
02127, Boston, MA $2,700 $3,100 $3,750 $4,225
02118, Boston, MA $2,999 $3,400 $4,737 $3,583
02215, Boston, MA $2,248 $3,883 $4,508 $3,818
02116, Boston, MA $2,843 $3,535 $5,500 $4,002
02135, Boston, MA $2,500 $2,700 $3,200 $3,425
02142, Cambridge, MA $3,000 $3,679 $4,507 $4,015
02128, Boston, MA $2,500 $2,795 $3,325 $3,200
02138, Cambridge, MA $2,515 $2,742 $3,600 $3,340

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 $3,636. 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 $2,745 and an average price per square feet of $6.00. There are a total of 268 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 $3,400 and an average price per square feet of $5.00. There are a total of 906 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 $3,984 and an average price per square feet of $4.20. There are a total of 851 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 0.15%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.06%, 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 $2,909/month. You can search for these reasonably priced rental listings on RentHop.
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