Average Rent in Chinatown - Leather District, Boston, MA

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

Chinatown - Leather District rentals average $3,292 for a studio rental to $9,500 for a 3-bedroom rental. The median price of all currently available listings is $3,725, or roughly $5 per square feet.
For the apartment units and housing in July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $417 (14.97%) year-over-year from $2,783 to $3,200. 1-bedroom rentals prices have decreased by $100 (-2.78%) year-over-year from $3,600 to $3,500. 2-bedroom rentals prices have decreased by $67 (-1.18%) year-over-year from $5,667 to $5,600. 3-bedroom rentals prices have decreased by $457 (-4.70%) year-over-year from $9,707 to $9,250. 4-bedroom rentals prices have decreased by $1,833 (-20.30%) year-over-year from $9,033 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 2.26% this month. 1-bedroom rents have gone up by 2.14% this month. 2-bedroom rents have gone up by 0.16% this month. 3-bedroom rents have gone down by 1.33% this month. 4-bedroom rents have gone down by 3.68% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.42 $3,200 $2,783 (14.97%) $2,784 (14.94%)
1 BR $4.95 $3,500 $3,600 (-2.78%) $3,244 (7.91%)
2 BR $4.82 $5,600 $5,667 (-1.18%) $4,799 (16.69%)
3 BR $5.24 $9,250 $9,707 (-4.70%) $6,209 (48.99%)

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 16 cities nearby Chinatown - Leather District. The average rent in Chinatown - Leather District is currently $3,119 per month. A total of 15 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 Chinatown - Leather District, Boston, MA is Newton, MA. Monthly rents here are on average $4,399 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 56.79% more expensive than other cities nearby. One bedrooms are about 33.86% more expensive. Two bedrooms in Chinatown - Leather District, Boston, MA are about 40.45% more expensive. Finally, rent for three bedrooms are about 62.98% more expensive. Want more information? Check out the top 10 cities out of 16 total cities near Chinatown - Leather District, 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
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
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 Neighborhoods Near Chinatown - Leather District

There are a total of 31 neighborhoods in or near Chinatown - Leather District. Some of these neighborhoods include Central Maverick Square - Paris Street, Jeffries Point - Airport, and Commonwealth. We've included the top 30 neighborhoods out of 31 total neighborhoods in or near Chinatown - Leather District, Boston, MA in the following chart.

The average rent for these 30 neighborhoods in or near Chinatown - Leather District, Boston, MA is currently around $3,500 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $3,500. Out of all the neighborhoods in or near Chinatown - Leather District, Jeffries Point - Airport 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 Chinatown - Leather District. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Central Maverick Square - Paris Street, Boston, MA N/A $2,700 $3,400 $3,000
Jeffries Point - Airport, Boston, MA $2,350 $2,500 $3,200 $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
Coolidge Corner, Brookline, MA $2,415 $2,850 $3,500 $3,400
Back Bay, Boston, MA $2,400 $3,200 $5,800 $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
Neighborhood Nine, Cambridge, MA $2,750 $2,914 $3,825 $3,600
Columbus Park - Andrew Square, Boston, MA $2,715 $2,750 $3,650 $3,723
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 Chinatown - Leather District

There are a total of 31 counties located by Chinatown - Leather District, Boston, MA. Some of these counties include Revere, MA, Chelsea, MA, and Everett, MA. The average rent for rentals in these counties is $3,075. That's roughly around $3 per sqft. A total of 16 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 Chinatown - Leather District, Boston, MA.

Typically, rent for studios in Chinatown - Leather District, Boston, MA is 49.88% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Chinatown - Leather District, Boston, MA is 33.18% more expensive than other counties nearby. Finally, rent for two bedrooms in Chinatown - Leather District, Boston, MA is 41.43% 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
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
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 Chinatown - Leather District

There are a total of 40 zipcodes in or near Chinatown - Leather District, Boston, MA. The average rent for all of these zipcodes is $3,500. A total of 30 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 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 $3,519 per month. Which comes out to $3 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 $3,200 $3,350 $4,600 $3,805
02114, Boston, MA $2,728 $3,395 $4,488 $3,630
02116, Boston, MA $2,575 $3,493 $5,442 $3,785
02109, Boston, MA $2,850 $3,335 $4,375 $3,548
02113, Boston, MA $2,400 $2,900 $4,400 $3,550
02210, Boston, MA $3,240 $3,850 $5,029 $4,161
02118, Boston, MA $2,885 $3,410 $4,800 $3,948
02142, Cambridge, MA $3,015 $3,702 $4,417 $3,910
02127, Boston, MA $2,200 $2,900 $3,800 $4,000
02141, Cambridge, MA $2,972 $3,478 $3,800 $3,630

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 $3,725. 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 $3,292 and an average price per square feet of $5.42. There are a total of 13 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 $3,583 and an average price per square feet of $4.95. There are a total of 38 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 $5,122 and an average price per square feet of $4.82. There are a total of 25 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 0.15%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by -0.05% 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 $2,980/month. You can search for these reasonably priced rental listings on RentHop.
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