Average Rent in Boston, MA

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Current Versus Historical Boston, MA Rents

Boston rentals average $2,720 for a studio rental to $4,650 for a 4-bedroom rental. The median price of all currently available listings is $3,548, or roughly $4 per square feet.
For the apartment units and housing in July 2024, median rents have risen over the last year. Studio rentals prices have increased by $158 (7.14%) year-over-year from $2,217 to $2,375. 1-bedroom rentals prices have increased by $217 (8.09%) year-over-year from $2,683 to $2,900. 2-bedroom rentals prices have increased by $271 (8.14%) year-over-year from $3,329 to $3,600. 3-bedroom rentals prices have increased by $233 (6.64%) year-over-year from $3,517 to $3,750. 4-bedroom rentals prices have increased by $147 (3.22%) year-over-year from $4,553 to $4,700. 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 9.53% this month. 1-bedroom rents have gone down by 14.55% this month. 2-bedroom rents have gone down by 11.62% this month. 3-bedroom rents have gone down by 18.13% this month. 4-bedroom rents have gone up by 2.55% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.86 $2,375 $2,217 (7.14%) $2,261 (5.03%)
1 BR $4.84 $2,900 $2,683 (8.09%) $2,368 (22.47%)
2 BR $3.97 $3,600 $3,329 (8.14%) $2,913 (23.57%)
3 BR $3.12 $3,750 $3,517 (6.64%) $3,000 (25.00%)
4+ BR $3.07 $4,700 $4,553 (3.22%) $3,933 (19.49%)

Historical Rents in Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Boston

There are a total of 15 cities nearby Boston. The average rent in Boston is currently $3,038 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Revere, MA, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near Boston, MA is Newton, MA. Monthly rents here are on average $4,399 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 56.07% more expensive than other cities nearby. One bedrooms are about 26.72% more expensive. Two bedrooms in Boston, MA are about 21.57% more expensive. Finally, rent for three bedrooms are about 5.41% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Revere, MA $1,800 $2,150 $2,575 $2,400
Chelsea, MA $1,675 $1,950 $2,900 $2,695
Quincy, MA $1,713 $2,345 $2,722 $2,750
Everett, MA N/A $2,125 $2,800 $2,750
Malden, MA N/A $2,175 $2,800 $2,800
Medford, MA $1,163 $2,300 $3,000 $3,500
Watertown Town, MA N/A $2,500 $3,100 $3,500
Cambridge, MA $2,765 $3,017 $3,785 $3,600
Somerville, MA $2,050 $2,758 $3,398 $3,630
Brookline, MA $2,415 $2,950 $3,600 $3,700

Top Neighborhoods Near Boston

There are a total of 32 neighborhoods in or near Boston. Some of these neighborhoods include Jeffries Point - Airport, Central Maverick Square - Paris Street, and Commonwealth. We've included the top 30 neighborhoods out of 32 total neighborhoods in or near Boston, MA in the following chart.

The average rent for these 30 neighborhoods in or near Boston, MA is currently around $3,532 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $3,532. Out of all the neighborhoods in or near Boston, Central Maverick Square - Paris Street has the most affordable average rent at $3,000 per month. Whereas, at $4,400 average rent per month, City Point is the most expensive neighborhood in or near Boston. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Jeffries Point - Airport, Boston, MA $2,350 $2,500 $3,200 $3,000
Central Maverick Square - Paris Street, Boston, MA N/A $2,700 $3,400 $3,000
Commonwealth, Boston, MA $2,100 $2,300 $3,000 $3,000
Cambridge Highlands, Cambridge, MA $2,640 $2,800 $3,831 $3,125
Jamaica Central - South Sumner, Boston, MA $2,030 $3,050 $3,275 $3,250
Columbia Point, Boston, MA $150 $2,675 $2,900 $3,300
Mid-Cambridge, Cambridge, MA $2,525 $2,800 $3,925 $3,340
North Cambridge, Cambridge, MA $2,566 $2,944 $3,559 $3,350
Uphams Corner - Jones Hill, Boston, MA N/A $2,100 $2,700 $3,400
Back Bay, Boston, MA $2,400 $3,200 $5,800 $3,400
Coolidge Corner, Brookline, MA $2,415 $2,850 $3,500 $3,400
Oak Square, Boston, MA N/A $2,488 $2,900 $3,425
West End, Boston, MA $2,905 $3,400 $4,865 $3,460
Beacon Hill, Boston, MA $2,273 $3,225 $4,300 $3,495
St. Elizabeth's, Boston, MA $2,500 $2,500 $3,500 $3,500
St. Marks, Boston, MA $3,747 $3,962 $2,975 $3,563
North End, Boston, MA $2,450 $3,165 $4,500 $3,575
Columbus Park - Andrew Square, Boston, MA $2,715 $2,750 $3,650 $3,723
Chinatown - Leather District, Boston, MA $3,292 $3,583 $5,122 $3,725
East Cambridge, Cambridge, MA $2,995 $3,500 $4,273 $3,748
Washington Square, Brookline, MA $2,400 $3,000 $3,650 $3,800
North Allston, Boston, MA $3,150 $3,363 $4,546 $3,821
Downtown Boston, Boston, MA $2,865 $3,453 $4,544 $3,900
South End, Boston, MA $2,846 $3,480 $4,800 $3,980
Kendall Square, Cambridge, MA $3,111 $3,880 $4,606 $3,990
D Street - West Broadway, Boston, MA $3,179 $3,718 $4,600 $4,041
Telegraph Hill, Boston, MA N/A $2,900 $3,600 $4,100
Mission Hill, Boston, MA N/A $2,750 $3,450 $4,100
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,650 $4,073 $4,850 $4,127
City Point, Boston, MA $2,300 $2,600 $3,900 $4,400

Top Counties Near Boston

There are a total of 32 counties located by Boston, MA. Some of these counties include Revere, MA, Chelsea, MA, and Quincy, MA. The average rent for rentals in these counties is $3,075. That's roughly around $3 per sqft. A total of 13 counties have a lower average rent. The county that is the most affordable is Revere, MA. It's average rent per month is $2,400. Vice versa, with an average rent of $4,399, Newton, MA is the most expensive county by Boston, MA.

Typically, rent for studios in Boston, MA is 39.34% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Boston, MA is 25.19% more expensive than other counties nearby. Finally, rent for two bedrooms in Boston, MA is 21.57% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Revere, MA $1,800 $2,150 $2,575 $2,400
Chelsea, MA $1,675 $1,950 $2,900 $2,695
Quincy, MA $1,713 $2,345 $2,722 $2,750
Everett, MA N/A $2,125 $2,800 $2,750
Malden, MA N/A $2,175 $2,800 $2,800
Medford, MA $1,163 $2,300 $3,000 $3,500
Boston, MA $2,720 $3,200 $3,825 $3,548
Cambridge, MA $2,765 $3,017 $3,785 $3,600
Somerville, MA $2,050 $2,758 $3,398 $3,630
Brookline, MA $2,415 $2,950 $3,600 $3,700

Top Zipcodes Near Boston

There are a total of 40 zipcodes in or near Boston, MA. The average rent for all of these zipcodes is $3,500. A total of 26 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02151, Revere, MA at $2,400 per month. In comparison, the zipcode with the most expensive average rent of $4,161 per month is 02210, Boston, MA.

Studios in these zipcodes have an average rent of $2,373. 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 $2,850 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,519 per month. Which comes out to $3 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 $2,728 $3,395 $4,488 $3,630
02210, Boston, MA $3,240 $3,850 $5,029 $4,161
02127, Boston, MA $2,200 $2,900 $3,800 $4,000
02118, Boston, MA $2,885 $3,410 $4,800 $3,948
02215, Boston, MA $2,450 $4,073 $5,000 $4,073
02116, Boston, MA $2,575 $3,493 $5,442 $3,785
02135, Boston, MA $2,551 $2,500 $3,200 $3,400
02142, Cambridge, MA $3,015 $3,702 $4,417 $3,910
02128, Boston, MA $2,345 $2,550 $3,350 $3,150
02138, Cambridge, MA $2,695 $2,753 $3,666 $3,400

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 $3,548. 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 $2,720 and an average price per square feet of $5.86. There are a total of 296 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 $3,200 and an average price per square feet of $4.84. There are a total of 1,097 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 $3,825 and an average price per square feet of $3.97. There are a total of 1,167 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 0.07%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Boston, MA?
A reasonable rent price in Boston, MA is around $2,838/month. You can search for these reasonably priced rental listings on RentHop.
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