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 $3,304 for a studio rental to $7,083 for a 3-bedroom rental. The median price of all currently available listings is $3,765, 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 $225 (-5.88%) year-over-year from $3,825 to $3,600. 2-bedroom rentals prices have increased by $642 (11.24%) year-over-year from $5,708 to $6,350. 3-bedroom rentals prices have decreased by $100 (-0.99%) year-over-year from $10,100 to $10,000. 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 5.81% this month. 2-bedroom rents have gone up by 20.19% this month. 3-bedroom rents have gone up by 16.50% 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	$6.24	$2,925	$2,604 (12.32%)	$2,323 (25.90%)
1 BR	$4.80	$3,600	$3,825 (-5.88%)	$2,668 (34.96%)
2 BR	$4.72	$6,350	$5,708 (11.24%)	$3,671 (73.00%)
3 BR	$5.00	$10,000	$10,100 (-0.99%)	$5,212 (91.86%)

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 3 cities nearby Chinatown - Leather District. The average rent in Chinatown - Leather District is currently $3,412 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,584, is the most affordable city nearby. In contrast, the most expensive city near Chinatown - Leather District, Boston, MA is Boston, MA. Monthly rents here are on average $3,700 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 12.21% more expensive than other cities nearby. One bedrooms are about 14.70% more expensive. Two bedrooms in Chinatown - Leather District, Boston, MA are about 23.57% more expensive. Finally, rent for three bedrooms are about 47.76% more expensive. Want more information? Check out the top 3 cities near Chinatown - Leather District, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,225	$2,700	$2,584
Cambridge, MA	$2,900	$3,075	$3,768	$3,412
Boston, MA	$2,990	$3,533	$4,405	$3,700

Top Neighborhoods Near Chinatown - Leather District

There are a total of 7 neighborhoods in or near Chinatown - Leather District. Some of these neighborhoods include North Cambridge, South End, and East Cambridge. We've included all of these top 7 neighborhoods in or near Chinatown - Leather District, Boston, MA in the following chart.

The average rent for these 7 neighborhoods in or near Chinatown - Leather District, Boston, MA is currently around $3,650 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $3,650. Out of all the neighborhoods in or near Chinatown - Leather District, North Cambridge has the most affordable average rent at $3,072 per month. Whereas, at $4,107 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood 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	$2,949	$3,559	$3,072
South End, Boston, MA	$2,974	$3,545	$4,760	$3,575
East Cambridge, Cambridge, MA	$2,995	$3,330	$4,411	$3,637
Downtown Boston, Boston, MA	$2,820	$3,364	$4,348	$3,650
D Street - West Broadway, Boston, MA	$3,240	$3,738	$4,900	$3,990
Kendall Square, Cambridge, MA	$3,123	$3,998	$4,661	$4,055
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$3,220	$4,094	$4,708	$4,107

Top Counties Near Chinatown - Leather District

There are a total of 7 counties located by Chinatown - Leather District, Boston, MA. Some of these counties include Chelsea, MA, Cambridge, MA, and Boston, MA. The average rent for rentals in these counties is $3,412. That's roughly around $4 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,584. Vice versa, with an average rent of $3,700, Boston, MA is the most expensive county by Chinatown - Leather District, Boston, MA.

Typically, rent for studios in Chinatown - Leather District, Boston, MA is 12.21% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Chinatown - Leather District, Boston, MA is 14.70% more expensive than other counties nearby. Finally, rent for two bedrooms in Chinatown - Leather District, Boston, MA is 23.57% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,550	$2,225	$2,700	$2,584
Cambridge, MA	$2,900	$3,075	$3,768	$3,412
Boston, MA	$2,990	$3,533	$4,405	$3,700

Top Zipcodes Near Chinatown - Leather District

There are a total of 13 zipcodes in or near Chinatown - Leather District, Boston, MA. The average rent for all of these zipcodes is $3,533. A total of 10 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 $2,584 per month. In comparison, the zipcode with the most expensive average rent of $4,065 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,820. That's at least $6 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 $3,395 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,378 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
02114, Boston, MA	$2,820	$3,395	$4,228	$3,695
02116, Boston, MA	$3,068	$3,583	$4,940	$3,740
02109, Boston, MA	N/A	$3,339	$4,378	$3,533
02210, Boston, MA	$3,175	$3,733	$4,940	$3,956
02118, Boston, MA	$2,974	$3,545	$4,782	$3,590
02142, Cambridge, MA	$3,000	$3,811	$4,472	$4,065
02141, Cambridge, MA	$3,042	$3,630	$4,477	$3,342
02215, Boston, MA	$2,363	$4,092	$4,708	$4,022
02150, Chelsea, MA	$1,550	$2,225	$2,700	$2,584
02134, Boston, MA	$3,199	$2,810	$3,200	$3,425

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 $3,765. 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 $3,304 and an average price per square feet of $6.24. There are a total of 6 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 $3,605 and an average price per square feet of $4.80. There are a total of 31 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 $4,930 and an average price per square feet of $4.72. There are a total of 16 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 -0.06%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by -0.01% 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 $3,012/month. You can search for these reasonably priced rental listings on RentHop.