Average Rent in Chinatown - Leather District, Boston, MA

Current Versus Historical Chinatown - Leather District, Boston, MA Rents

Chinatown - Leather District rentals average $3,232 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,928, 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 increased by $321 (12.32%) year-over-year from $2,604 to $2,925. 1-bedroom rentals prices have decreased by $325 (-8.50%) year-over-year from $3,825 to $3,500. 2-bedroom rentals prices have increased by $692 (12.12%) year-over-year from $5,708 to $6,400. 3-bedroom rentals prices have increased by $1,400 (13.86%) year-over-year from $10,100 to $11,500. 4-bedroom rentals prices have decreased by $9,600 (-57.14%) year-over-year from $16,800 to $7,200. 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 12.14% this month. 1-bedroom rents have gone up by 3.89% this month. 2-bedroom rents have gone up by 20.75% this month. 3-bedroom rents have gone up by 26.61% this month. 4-bedroom rents have gone down by 16.36% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.03 $2,925 $2,604 (12.32%) $2,323 (25.90%)
1 BR $4.89 $3,500 $3,825 (-8.50%) $2,668 (31.21%)
2 BR $4.91 $6,400 $5,708 (12.12%) $3,671 (74.36%)
3 BR $5.07 $11,500 $10,100 (13.86%) $5,212 (120.64%)

Historical Rents in Chinatown - Leather District, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Chinatown - Leather District

There are a total of 9 cities nearby Chinatown - Leather District. The average rent in Chinatown - Leather District is currently $3,500 per month. A total of 7 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 Chinatown - Leather District, Boston, MA is Newton, MA. Monthly rents here are on average $4,100 per month.

Let's compare Chinatown - Leather District, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Chinatown - Leather District, Boston, MA is 45.08% more expensive than other cities nearby. One bedrooms are about 25.07% more expensive. Two bedrooms in Chinatown - Leather District, Boston, MA are about 43.24% more expensive. Finally, rent for three bedrooms are about 59.56% more expensive. Want more information? Check out the top 9 cities near Chinatown - Leather District, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Lynn, MA $1,700 $2,400 $2,550 $2,400
Quincy, MA $1,698 $2,175 $2,550 $2,500
Waltham, MA $1,350 $2,500 $3,000 $2,889
Cambridge, MA $2,875 $2,995 $3,743 $3,500
Medford, MA N/A $2,698 $2,800 $3,500
Boston, MA $2,750 $3,400 $3,978 $3,643
Somerville, MA $2,125 $2,738 $3,695 $3,900
Brookline, MA $2,050 $3,000 $3,700 $4,000
Newton, MA $1,775 $2,550 $3,150 $4,100

Top Neighborhoods Near Chinatown - Leather District

There are a total of 19 neighborhoods in or near Chinatown - Leather District. 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 Chinatown - Leather District, Boston, MA in the following chart.

The average rent for these 19 neighborhoods in or near Chinatown - Leather District, Boston, MA is currently around $3,600 per month. A total of 14 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $3,600. Out of all the neighborhoods in or near Chinatown - Leather District, 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 Chinatown - Leather District. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,953 $3,572 $3,134
Central Maverick Square - Paris Street, Boston, MA $2,418 $3,000 $3,400 $3,200
North End, Boston, MA $2,400 $3,250 $4,650 $3,500
Beacon Hill, Boston, MA $2,300 $3,675 $3,500 $3,500
Uphams Corner - Jones Hill, Boston, MA N/A $2,175 $2,850 $3,525
West End, Boston, MA $2,913 $3,320 $4,870 $3,546
South End, Boston, MA $3,006 $3,400 $4,495 $3,568
St. Elizabeth's, Boston, MA $2,150 $2,350 $3,598 $3,600
East Cambridge, Cambridge, MA $3,047 $3,350 $4,300 $3,600
Columbia Point, Boston, MA $150 $2,778 $2,800 $3,600
Coolidge Corner, Brookline, MA $2,050 $3,000 $3,450 $3,800
North Allston, Boston, MA $3,199 $3,523 $4,743 $3,818
Downtown Boston, Boston, MA $2,843 $3,443 $4,533 $3,865
Commonwealth, Boston, MA $1,900 $2,300 $3,000 $3,900
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,550 $3,931 $4,658 $4,000
Kendall Square, Cambridge, MA $3,123 $3,936 $4,606 $4,005
D Street - West Broadway, Boston, MA $3,240 $3,819 $4,698 $4,161
Mission Hill, Boston, MA N/A $2,800 $3,375 $4,400
Back Bay, Boston, MA $2,350 $3,528 $5,714 $4,500

Top Counties Near Chinatown - Leather District

There are a total of 19 counties located by Chinatown - Leather District, Boston, MA. Some of these counties include Lynn, MA, Quincy, MA, and Waltham, MA. The average rent for rentals in these counties is $3,500. 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 $4,100, Newton, MA is the most expensive county by Chinatown - Leather District, Boston, MA.

Typically, rent for studios in Chinatown - Leather District, Boston, MA is 45.08% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Chinatown - Leather District, Boston, MA is 25.07% more expensive than other counties nearby. Finally, rent for two bedrooms in Chinatown - Leather District, Boston, MA is 43.24% more expensive than other counties nearby. We've listed the top 9 counties in the chart below.
County Studio 1 Bed 2 Bed All
Lynn, MA $1,700 $2,400 $2,550 $2,400
Quincy, MA $1,698 $2,175 $2,550 $2,500
Waltham, MA $1,350 $2,500 $3,000 $2,889
Cambridge, MA $2,875 $2,995 $3,743 $3,500
Medford, MA N/A $2,698 $2,800 $3,500
Boston, MA $2,750 $3,400 $3,978 $3,643
Somerville, MA $2,125 $2,738 $3,695 $3,900
Brookline, MA $2,050 $3,000 $3,700 $4,000
Newton, MA $1,775 $2,550 $3,150 $4,100

Top Zipcodes Near Chinatown - Leather District

There are a total of 31 zipcodes in or near Chinatown - Leather District, Boston, MA. The average rent for all of these zipcodes is $3,590. A total of 22 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 $2,500 per month. In comparison, the zipcode with the most expensive average rent of $4,500 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 Chinatown - Leather District, Boston, MA is $2,850 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,603 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Chinatown - Leather District, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02111, Boston, MA $2,900 $3,429 $5,201 $3,843
02114, Boston, MA $2,738 $3,395 $4,228 $3,665
02116, Boston, MA $2,835 $3,530 $5,530 $4,039
02109, Boston, MA $2,613 $3,339 $4,406 $3,562
02210, Boston, MA $3,240 $3,819 $5,000 $4,104
02118, Boston, MA $3,003 $3,385 $4,590 $3,590
02142, Cambridge, MA $3,135 $3,635 $4,383 $3,908
02127, Boston, MA $2,700 $3,150 $3,725 $4,000
02141, Cambridge, MA $2,989 $3,350 $3,800 $3,500
02115, Boston, MA $3,260 $2,978 $5,200 $4,375

Frequently Asked Questions - Chinatown - Leather District Average Rents

What is the average rent price in Chinatown - Leather District, Boston, MA?
The average monthly rental price for Chinatown - Leather District, Boston, MA apartments for rent is approximately $3,928. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Chinatown - Leather District, 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 Chinatown - Leather District, Boston, MA.
How much is a studio apartment in Chinatown - Leather District, Boston, MA?
The average monthly rental price for studio apartments is $3,232 and an average price per square feet of $6.03. There are a total of 12 studio apartment listings currently available for rent in Chinatown - Leather District.
How much is a one bedroom apartment in Chinatown - Leather District, Boston, MA?
The average monthly rental price for one bedroom apartments is $3,600 and an average price per square feet of $4.89. There are a total of 41 one bedroom apartment listings currently available for rent in Chinatown - Leather District.
How much is a two bedroom apartment in Chinatown - Leather District, Boston, MA?
The average monthly rental price for two bedroom apartments is $5,550 and an average price per square feet of $4.91. There are a total of 28 two bedroom apartment listings currently available for rent in Chinatown - Leather District.
How have rent prices in Chinatown - Leather District, Boston, MA changed this year?
Rent prices for rentals in Chinatown - Leather District, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.14% year-over-year.
What is a reasonable rent price in Chinatown - Leather District, Boston, MA?
A reasonable rent price in Chinatown - Leather District, Boston, MA is around $3,142/month. You can search for these reasonably priced rental listings on RentHop.
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