Average Rent in Commonwealth, Boston, MA

Current Versus Historical Commonwealth, Boston, MA Rents

Commonwealth rentals average $2,100 for a studio rental to $4,200 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 July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $75 (4.11%) year-over-year from $1,825 to $1,900. 1-bedroom rentals prices have increased by $48 (2.06%) year-over-year from $2,303 to $2,350. 2-bedroom rentals prices have increased by $250 (8.93%) year-over-year from $2,800 to $3,050. 3-bedroom rentals prices have increased by $26 (0.73%) year-over-year from $3,524 to $3,550. 4-bedroom rentals prices have increased by $17 (0.35%) year-over-year from $4,783 to $4,800. 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 3.59% this month. 1-bedroom rents have gone down by 4.41% this month. 2-bedroom rents have gone up by 7.33% this month. 3-bedroom rents have gone up by 4.41% this month. 4-bedroom rents have gone up by 5.49% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$6.72	$1,900	$1,825 (4.11%)	$1,516 (25.34%)
1 BR	$4.05	$2,350	$2,303 (2.06%)	$1,798 (30.68%)
2 BR	$3.47	$3,050	$2,800 (8.93%)	$2,204 (38.37%)
3 BR	$3.79	$3,550	$3,524 (0.73%)	$2,913 (21.85%)
4+ BR	$3.50	$4,800	$4,783 (0.35%)	$3,788 (26.73%)

Historical Rents in Commonwealth, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Commonwealth

There are a total of 16 cities nearby Commonwealth. The average rent in Commonwealth is currently $3,119 per month. A total of 7 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 Commonwealth, Boston, MA is Newton, MA. Monthly rents here are on average $4,399 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 32.26% more expensive than other cities nearby. One bedrooms are about 3.02% more affordable. Two bedrooms in Commonwealth, Boston, MA are about 1.67% more affordable. Finally, rent for three bedrooms are about 0.49% more affordable. Want more information? Check out the top 10 cities out of 16 total cities near Commonwealth, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,675	$1,950	$2,900	$2,695
Everett, MA	N/A	$2,125	$2,800	$2,750
Waltham, MA	$100	$2,225	$3,500	$3,200
Watertown Town, MA	N/A	$2,500	$3,100	$3,500
Medford, MA	$1,163	$2,300	$3,000	$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
Newton, MA	N/A	$2,400	$3,200	$4,399

Top Neighborhoods Near Commonwealth

There are a total of 31 neighborhoods in or near Commonwealth. Some of these neighborhoods include Central Maverick Square - Paris Street, Cambridge Highlands, and Jamaica Central - South Sumner. We've included the top 30 neighborhoods out of 31 total neighborhoods in or near Commonwealth, Boston, MA in the following chart.

The average rent for these 30 neighborhoods in or near Commonwealth, Boston, MA is currently around $3,563 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-eight neighborhoods have a higher average rent than $3,563. 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, Central Maverick Square - Paris Street 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 Commonwealth. 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
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
Back Bay, Boston, MA	$2,400	$3,200	$5,800	$3,400
Coolidge Corner, Brookline, MA	$2,415	$2,850	$3,500	$3,400
Uphams Corner - Jones Hill, Boston, MA	N/A	$2,100	$2,700	$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
Watertown West End, Watertown Town, MA	N/A	$2,966	$3,525	$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
Chinatown - Leather District, Boston, MA	$3,292	$3,583	$5,122	$3,725
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
Mission Hill, Boston, MA	N/A	$2,750	$3,450	$4,100
Telegraph Hill, Boston, MA	N/A	$2,900	$3,600	$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 Commonwealth

There are a total of 31 counties located by Commonwealth, Boston, MA. Some of these counties include Chelsea, MA, Everett, MA, and Waltham, MA. The average rent for rentals in these counties is $3,075. 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 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 Commonwealth, Boston, MA.

Typically, rent for studios in Commonwealth, Boston, MA is 21.43% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Commonwealth, Boston, MA is 4.09% more affordable than other counties nearby. Finally, rent for two bedrooms in Commonwealth, Boston, MA is on par with the other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,675	$1,950	$2,900	$2,695
Everett, MA	N/A	$2,125	$2,800	$2,750
Waltham, MA	$100	$2,225	$3,500	$3,200
Watertown Town, MA	N/A	$2,500	$3,100	$3,500
Medford, MA	$1,163	$2,300	$3,000	$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
Newton, MA	N/A	$2,400	$3,200	$4,399

Top Zipcodes Near Commonwealth

There are a total of 40 zipcodes in or near Commonwealth, Boston, MA. The average rent for all of these zipcodes is $3,500. A total of 6 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 Commonwealth, 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 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	$2,551	$2,500	$3,200	$3,400
02445, Brookline, MA	$2,300	$2,975	$3,750	$3,800
02446, Brookline, MA	$2,443	$2,900	$3,600	$3,500
02134, Boston, MA	$2,998	$2,680	$3,550	$3,600
02467, Brookline, MA	N/A	$2,350	$2,625	$3,500
02215, Boston, MA	$2,450	$4,073	$5,000	$4,073
02472, Watertown Town, MA	N/A	$2,700	$3,350	$3,500
02115, Boston, MA	$2,520	$2,791	$4,500	$3,325
02138, Cambridge, MA	$2,695	$2,753	$3,666	$3,400
02139, Cambridge, MA	$2,400	$2,800	$3,800	$3,800

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 $2,100 and an average price per square feet of $6.72. There are a total of 5 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 $2,300 and an average price per square feet of $4.05. There are a total of 48 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 $3,000 and an average price per square feet of $3.47. There are a total of 58 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 0.04%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.01% 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.