Average Rent in Chinatown - Leather District, Boston, MA

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

Chinatown - Leather District rentals average $1,880 for a studio rental to $9,995 for a 3-bedroom rental. The median price of all currently available listings is $4,037, or roughly $5 per square feet.

For the apartment units and housing in October 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $1,992 (-85.05%) year-over-year from $2,342 to $350. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,500 to $3,500. 2-bedroom rentals prices have decreased by $953 (-15.34%) year-over-year from $6,213 to $5,260. 3-bedroom rentals prices have increased by $2,197 (28.17%) year-over-year from $7,798 to $9,995. 4-bedroom rentals prices have decreased by $3,022 (-36.77%) year-over-year from $8,217 to $5,195. 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 84.67% this month. 1-bedroom rents have gone up by 5.53% this month. 2-bedroom rents have gone down by 1.44% this month. 3-bedroom rents have gone up by 1.68% this month. 4-bedroom rents have gone down by 15.04% this month.

Beds	Price / Sqft	Oct 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.10	$350	$2,342 (-85.05%)	$2,279 (-84.64%)
1 BR	$4.80	$3,500	$3,500 (0.00%)	$2,854 (22.63%)
2 BR	$4.91	$5,260	$6,213 (-15.34%)	$4,048 (29.93%)
3 BR	$6.40	$9,995	$7,798 (28.17%)	$9,675 (3.30%)

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 13 cities nearby Chinatown - Leather District. The average rent in Chinatown - Leather District is currently $3,000 per month. A total of 13 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,100, 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 $3,800 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 14.36% more expensive than other cities nearby. One bedrooms are about 38.48% more expensive. Two bedrooms in Chinatown - Leather District, Boston, MA are about 53.64% more expensive. Finally, rent for three bedrooms are about 65.48% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Chinatown - Leather District, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Quincy, MA	$1,600	$2,298	$2,563	$2,545
Malden, MA	$1,900	$2,150	$2,850	$2,600
Revere, MA	$2,108	$2,450	$2,850	$2,825
Arlington, MA	$1,610	$2,100	$2,898	$2,950
Medford, MA	N/A	$2,300	$2,800	$3,000
Watertown Town, MA	N/A	$2,675	$2,900	$3,000
Somerville, MA	$2,500	$2,700	$2,950	$3,200
Boston, MA	$2,298	$2,998	$3,400	$3,305
Cambridge, MA	$2,800	$3,050	$3,600	$3,500
Brookline, MA	$2,175	$2,600	$3,500	$3,550

Top Neighborhoods Near Chinatown - Leather District

There are a total of 12 neighborhoods in or near Chinatown - Leather District. Some of these neighborhoods include Commonwealth, Columbia Point, and Beacon Hill. We've included all of these top 12 neighborhoods in or near Chinatown - Leather District, Boston, MA in the following chart.

The average rent for these 12 neighborhoods in or near Chinatown - Leather District, Boston, MA is currently around $3,400 per month. A total of 9 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $3,400. Out of all the neighborhoods in or near Chinatown - Leather District, Commonwealth has the most affordable average rent at $2,698 per month. Whereas, at $4,350 average rent per month, Downtown Boston 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
Commonwealth, Boston, MA	$1,775	$2,200	$2,950	$2,698
Columbia Point, Boston, MA	N/A	$2,675	$2,825	$3,000
Beacon Hill, Boston, MA	$2,325	$2,950	$3,675	$3,000
Oak Square, Boston, MA	$1,850	$2,448	$2,800	$3,150
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,400	$2,900	$4,600	$3,300
Coolidge Corner, Brookline, MA	$2,375	$2,750	$3,450	$3,300
North End, Boston, MA	N/A	$2,900	$3,695	$3,500
East Cambridge, Cambridge, MA	$3,215	$3,440	$4,007	$3,515
South End, Boston, MA	$450	$3,483	$4,584	$3,975
D Street - West Broadway, Boston, MA	$2,810	$3,593	$4,375	$4,137
Back Bay, Boston, MA	$2,473	$3,000	$5,400	$4,200
Downtown Boston, Boston, MA	$2,810	$3,998	$5,270	$4,350

Top Counties Near Chinatown - Leather District

There are a total of 12 counties located by Chinatown - Leather District, Boston, MA. Some of these counties include Quincy, MA, Malden, MA, and Revere, MA. The average rent for rentals in these counties is $3,000. 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 Lynn, MA. It's average rent per month is $2,100. Vice versa, with an average rent of $3,800, Newton, MA is the most expensive county by Chinatown - Leather District, Boston, MA.

Typically, rent for studios in Chinatown - Leather District, Boston, MA is 14.36% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Chinatown - Leather District, Boston, MA is 38.48% more expensive than other counties nearby. Finally, rent for two bedrooms in Chinatown - Leather District, Boston, MA is 53.64% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Quincy, MA	$1,600	$2,298	$2,563	$2,545
Malden, MA	$1,900	$2,150	$2,850	$2,600
Revere, MA	$2,108	$2,450	$2,850	$2,825
Arlington, MA	$1,610	$2,100	$2,898	$2,950
Medford, MA	N/A	$2,300	$2,800	$3,000
Watertown Town, MA	N/A	$2,675	$2,900	$3,000
Somerville, MA	$2,500	$2,700	$2,950	$3,200
Boston, MA	$2,298	$2,998	$3,400	$3,305
Cambridge, MA	$2,800	$3,050	$3,600	$3,500
Brookline, MA	$2,175	$2,600	$3,500	$3,550

Top Zipcodes Near Chinatown - Leather District

There are a total of 4 zipcodes in or near Chinatown - Leather District, Boston, MA. The average rent for all of these zipcodes is $3,419. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02128, Boston, MA at $2,900 per month. In comparison, the zipcode with the most expensive average rent of $4,275 per month is 02116, Boston, MA.

Studios in these zipcodes have an average rent of $213. That's at least $2 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 $2,975 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,746 per month. Which comes out to $4 per sqft. The following chart includes the top 4 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
02116, Boston, MA	$2,450	$3,275	$5,200	$4,275
02118, Boston, MA	$425	$3,438	$4,592	$3,838
02128, Boston, MA	N/A	$2,500	$2,900	$2,900
02472, Watertown Town, MA	N/A	$2,675	$2,900	$3,000

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 $4,037. 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 $1,880 and an average price per square feet of $3.10. There are a total of 2 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 $3,820 and an average price per square feet of $4.80. There are a total of 19 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 $6,250 and an average price per square feet of $4.91. There are a total of 5 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 -0.85%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.15%, and three bedroom rental prices have changed by 0.28% 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 $3,230/month. You can search for these reasonably priced rental listings on RentHop.