Average Rent in Commonwealth, Boston, MA

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Current Versus Historical Commonwealth, Boston, MA Rents

Commonwealth rentals average $2,250 for a 1-bedroom rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $4 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $217 (11.98%) year-over-year from $1,808 to $2,025. 1-bedroom rentals prices have increased by $58 (2.60%) year-over-year from $2,242 to $2,300. 2-bedroom rentals prices have increased by $233 (8.75%) year-over-year from $2,667 to $2,900. 3-bedroom rentals prices have decreased by $350 (-10.77%) year-over-year from $3,250 to $2,900. 4-bedroom rentals prices have increased by $17 (0.40%) year-over-year from $4,183 to $4,200. 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 2.10% this month. 1-bedroom rents have gone down by 2.30% this month. 2-bedroom rents have gone up by 1.75% this month. 3-bedroom rents have gone down by 13.84% this month. 4-bedroom rents have gone down by 8.86% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.04 $2,300 $2,242 (2.60%) $1,765 (30.31%)
2 BR $3.31 $2,900 $2,667 (8.75%) $2,158 (34.36%)
3 BR N/A $2,900 $3,250 (-10.77%) $2,933 (-1.11%)
4+ BR $3.44 $4,200 $4,183 (0.40%) $3,971 (5.77%)

Historical Rents in Commonwealth, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Commonwealth

There are a total of 3 cities nearby Commonwealth. The average rent in Commonwealth is currently $3,449 per month. Our records show that Brookline, MA, with an average rent of $3,300, is the most affordable city nearby. In contrast, the most expensive city near Commonwealth, Boston, MA is Boston, MA. Monthly rents here are on average $3,670 per month.

Let's compare Commonwealth, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Commonwealth, Boston, MA is inf% more affordable than other cities nearby. One bedrooms are about 36.67% more affordable. Two bedrooms in Commonwealth, Boston, MA are about 38.90% more affordable. Finally, rent for three bedrooms are about 22.90% more affordable. Want more information? Check out the top 3 cities near Commonwealth, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Brookline, MA $1,985 $2,600 $3,200 $3,300
Cambridge, MA $2,923 $3,075 $3,785 $3,449
Boston, MA $2,967 $3,510 $4,454 $3,670

Top Neighborhoods Near Commonwealth

There are a total of 9 neighborhoods in or near Commonwealth. Some of these neighborhoods include North Cambridge, South End, and East Cambridge. We've included all of these top 9 neighborhoods in or near Commonwealth, Boston, MA in the following chart.

The average rent for these 9 neighborhoods in or near Commonwealth, Boston, MA is currently around $3,670 per month. Meaning, only nine neighborhoods have a higher average rent than $3,670. Interestingly, the neighborhoods' average rent is higher than Commonwealth's average rent, which is only $3,000. Out of all the neighborhoods in or near Commonwealth, North Cambridge has the most affordable average rent at $3,065 per month. Whereas, at $4,174 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near Commonwealth. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,943 $3,572 $3,065
South End, Boston, MA $2,924 $3,525 $4,872 $3,594
East Cambridge, Cambridge, MA $3,047 $3,404 $4,390 $3,637
Downtown Boston, Boston, MA $2,820 $3,401 $4,365 $3,660
Chinatown - Leather District, Boston, MA $3,315 $3,600 $5,122 $3,670
West End, Boston, MA $2,905 $3,420 $4,845 $3,743
D Street - West Broadway, Boston, MA $3,199 $3,688 $4,832 $3,942
Kendall Square, Cambridge, MA $3,245 $3,990 $4,605 $4,035
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,400 $4,096 $4,927 $4,174

Top Counties Near Commonwealth

There are a total of 9 counties located by Commonwealth, Boston, MA. Some of these counties include Brookline, MA, Cambridge, MA, and Boston, MA. The average rent for rentals in these counties is $3,449. That's roughly around $4 per sqft. The county that is the most affordable is Brookline, MA. It's average rent per month is $3,300. Vice versa, with an average rent of $3,670, Boston, MA is the most expensive county by Commonwealth, Boston, MA.

Typically, rent for studios in Commonwealth, Boston, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Commonwealth, Boston, MA is 36.67% more affordable than other counties nearby. Finally, rent for two bedrooms in Commonwealth, Boston, MA is 38.90% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Brookline, MA $1,985 $2,600 $3,200 $3,300
Cambridge, MA $2,923 $3,075 $3,785 $3,449
Boston, MA $2,967 $3,510 $4,454 $3,670

Top Zipcodes Near Commonwealth

There are a total of 12 zipcodes in or near Commonwealth, Boston, MA. The average rent for all of these zipcodes is $3,585.

The following chart includes the top 10 zipcodes in Commonwealth, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02135, Boston, MA $2,573 $3,094 $3,075 $3,300
02134, Boston, MA $3,199 $2,810 $3,200 $3,413
02215, Boston, MA $2,660 $4,094 $4,987 $4,092
02138, Cambridge, MA $2,515 $2,725 $3,573 $2,859
02140, Cambridge, MA $2,646 $2,943 $3,559 $3,103
02142, Cambridge, MA $3,215 $3,910 $4,488 $4,011
02116, Boston, MA $2,860 $3,515 $4,940 $3,638
02118, Boston, MA $2,924 $3,530 $4,882 $3,650
02141, Cambridge, MA $3,042 $3,630 $4,427 $3,404
02114, Boston, MA $2,800 $3,405 $4,425 $3,710

Frequently Asked Questions - Commonwealth Average Rents

What is the average rent price in Commonwealth, Boston, MA?
The average monthly rental price for Commonwealth, Boston, MA apartments for rent is approximately $3,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Commonwealth, 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 Commonwealth, Boston, MA.
How much is a studio apartment in Commonwealth, Boston, MA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Commonwealth.
How much is a one bedroom apartment in Commonwealth, Boston, MA?
The average monthly rental price for one bedroom apartments is $2,250 and an average price per square feet of $4.04. There are a total of 9 one bedroom apartment listings currently available for rent in Commonwealth.
How much is a two bedroom apartment in Commonwealth, Boston, MA?
The average monthly rental price for two bedroom apartments is $2,725 and an average price per square feet of $3.31. There are a total of 16 two bedroom apartment listings currently available for rent in Commonwealth.
How have rent prices in Commonwealth, Boston, MA changed this year?
Rent prices for rentals in Commonwealth, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by -0.11% year-over-year.
What is a reasonable rent price in Commonwealth, Boston, MA?
A reasonable rent price in Commonwealth, Boston, MA is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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