Average Rent in Commonwealth, Boston, MA

Current Versus Historical Commonwealth, Boston, MA Rents

Commonwealth rentals average $1,900 for a studio rental to $4,800 for a 4-bedroom rental. The median price of all currently available listings is $3,900, or roughly $4 per square feet.

For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $204 (11.29%) year-over-year from $1,808 to $2,013. 1-bedroom rentals prices have increased by $146 (6.58%) year-over-year from $2,217 to $2,363. 2-bedroom rentals prices have increased by $363 (14.50%) year-over-year from $2,500 to $2,863. 3-bedroom rentals prices have increased by $329 (10.06%) year-over-year from $3,271 to $3,600. 4-bedroom rentals prices have increased by $750 (18.52%) year-over-year from $4,050 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 up by 0.84% this month. 1-bedroom rents have gone up by 0.43% this month. 2-bedroom rents have gone up by 2.38% this month. 3-bedroom rents have gone down by 2.48% this month. 4-bedroom rents have gone up by 0.03% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.85	$2,013	$1,808 (11.29%)	$1,474 (36.52%)
1 BR	$4.35	$2,363	$2,217 (6.58%)	$1,780 (32.72%)
2 BR	$3.90	$2,863	$2,500 (14.50%)	$2,158 (32.63%)
3 BR	$3.80	$3,600	$3,271 (10.06%)	$2,933 (22.76%)
4+ BR	$3.83	$4,800	$4,050 (18.52%)	$4,000 (20.00%)

Historical Rents in Commonwealth, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Commonwealth

There are a total of 10 cities nearby Commonwealth. The average rent in Commonwealth is currently $3,490 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Lynn, 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 Brookline, MA. Monthly rents here are on average $4,100 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 8.55% more expensive than other cities nearby. One bedrooms are about 7.50% more affordable. Two bedrooms in Commonwealth, Boston, MA are about 3.33% more affordable. Finally, rent for three bedrooms are about 4.54% more expensive. Want more information? Check out the top 10 cities near Commonwealth, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,700	$2,400	$2,500	$2,400
Chelsea, MA	$1,550	$2,200	$2,750	$2,517
Quincy, MA	$1,648	$2,225	$2,675	$2,600
Waltham, MA	$100	$2,553	$3,000	$2,926
Medford, MA	N/A	$2,495	$2,800	$3,450
Cambridge, MA	$2,825	$3,014	$3,754	$3,530
Boston, MA	$2,762	$3,400	$4,000	$3,650
Somerville, MA	$2,125	$2,800	$3,700	$3,900
Newton, MA	$1,775	$2,500	$3,200	$4,000
Brookline, MA	$2,048	$2,900	$3,675	$4,100

Top Neighborhoods Near Commonwealth

There are a total of 18 neighborhoods in or near Commonwealth. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and North End. We've included all of these top 18 neighborhoods in or near Commonwealth, Boston, MA in the following chart.

The average rent for these 18 neighborhoods in or near Commonwealth, Boston, MA is currently around $3,728 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $3,728. Out of all the neighborhoods in or near Commonwealth, North Cambridge has the most affordable average rent at $3,176 per month. Whereas, at $4,500 average rent per month, Back Bay 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	$2,953	$3,534	$3,176
Central Maverick Square - Paris Street, Boston, MA	$2,455	$2,945	$3,348	$3,225
North End, Boston, MA	$2,400	$3,165	$4,450	$3,500
Beacon Hill, Boston, MA	$2,150	$3,600	$4,100	$3,500
Uphams Corner - Jones Hill, Boston, MA	N/A	$2,175	$2,800	$3,550
South End, Boston, MA	$2,999	$3,460	$4,737	$3,590
St. Elizabeth's, Boston, MA	$2,275	$2,395	$3,700	$3,600
Columbia Point, Boston, MA	$150	$2,641	$2,900	$3,600
East Cambridge, Cambridge, MA	$2,995	$3,350	$4,427	$3,640
North Allston, Boston, MA	$3,199	$3,500	$4,721	$3,816
Downtown Boston, Boston, MA	$2,835	$3,426	$4,500	$3,858
Coolidge Corner, Brookline, MA	$2,048	$2,950	$3,500	$3,900
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,499	$3,870	$4,516	$3,931
Chinatown - Leather District, Boston, MA	$3,232	$3,638	$5,600	$3,960
Kendall Square, Cambridge, MA	$3,123	$4,005	$4,635	$4,032
D Street - West Broadway, Boston, MA	$3,245	$3,800	$4,750	$4,163
Back Bay, Boston, MA	$2,300	$3,589	$5,878	$4,500
Mission Hill, Boston, MA	N/A	$2,800	$3,425	$4,500

Top Counties Near Commonwealth

There are a total of 18 counties located by Commonwealth, Boston, MA. Some of these counties include Lynn, MA, Chelsea, MA, and Quincy, MA. The average rent for rentals in these counties is $3,490. That's roughly around $3 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,400. Vice versa, with an average rent of $4,100, Brookline, MA is the most expensive county by Commonwealth, Boston, MA.

Typically, rent for studios in Commonwealth, Boston, MA is 8.55% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Commonwealth, Boston, MA is 7.50% more affordable than other counties nearby. Finally, rent for two bedrooms in Commonwealth, Boston, MA is 3.33% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,700	$2,400	$2,500	$2,400
Chelsea, MA	$1,550	$2,200	$2,750	$2,517
Quincy, MA	$1,648	$2,225	$2,675	$2,600
Waltham, MA	$100	$2,553	$3,000	$2,926
Medford, MA	N/A	$2,495	$2,800	$3,450
Cambridge, MA	$2,825	$3,014	$3,754	$3,530
Boston, MA	$2,762	$3,400	$4,000	$3,650
Somerville, MA	$2,125	$2,800	$3,700	$3,900
Newton, MA	$1,775	$2,500	$3,200	$4,000
Brookline, MA	$2,048	$2,900	$3,675	$4,100

Top Zipcodes Near Commonwealth

There are a total of 32 zipcodes in or near Commonwealth, Boston, MA. The average rent for all of these zipcodes is $3,574. A total of 21 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 $2,517 per month. In comparison, the zipcode with the most expensive average rent of $4,625 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,475. 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 $2,805 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,600 per month. Which comes out to $4 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	$2,500	$2,700	$3,300	$3,495
02445, Brookline, MA	$2,193	$2,700	$4,150	$4,098
02446, Brookline, MA	$2,048	$3,175	$3,525	$4,000
02134, Boston, MA	$3,087	$2,810	$3,975	$3,929
02215, Boston, MA	$2,300	$3,891	$4,500	$3,850
02472, Watertown Town, MA	$2,788	$2,670	$3,350	$3,000
02115, Boston, MA	$3,260	$2,850	$5,750	$3,998
02120, Boston, MA	N/A	$2,800	$3,600	$4,625
02138, Cambridge, MA	$2,515	$2,730	$3,582	$3,330
02139, Cambridge, MA	$2,400	$2,785	$3,400	$3,500

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 $3,900. 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 $1,900 and an average price per square feet of $3.85. There are a total of 3 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 $2,350 and an average price per square feet of $4.35. There are a total of 27 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 $3.90. There are a total of 35 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 0.11%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.10% year-over-year.

What is a reasonable rent price in Commonwealth, Boston, MA?

A reasonable rent price in Commonwealth, Boston, MA is around $3,120/month. You can search for these reasonably priced rental listings on RentHop.