Average Rent in Downtown Boston, Boston, MA

Current Versus Historical Downtown Boston, Boston, MA Rents

Downtown Boston rentals average $2,865 for a studio rental to $6,800 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 July 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $227 (7.53%) year-over-year from $3,013 to $3,240. 1-bedroom rentals prices have increased by $31 (0.72%) year-over-year from $4,244 to $4,275. 2-bedroom rentals prices have increased by $212 (4.15%) year-over-year from $5,098 to $5,310. 3-bedroom rentals prices have increased by $3,400 (33.66%) year-over-year from $10,100 to $13,500. 4-bedroom rentals prices have increased by $2,292 (50.83%) year-over-year from $4,508 to $6,800. 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 11.19% this month. 1-bedroom rents have gone down by 1.85% this month. 2-bedroom rents have gone down by 14.64% this month. 3-bedroom rents have gone up by 1.02% this month. 4-bedroom rents have gone up by 12.09% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.46	$3,240	$3,013 (7.53%)	$2,299 (40.96%)
1 BR	$4.47	$4,275	$4,244 (0.72%)	$3,058 (39.78%)
2 BR	$4.27	$5,310	$5,098 (4.15%)	$4,227 (25.63%)
3 BR	$4.84	$13,500	$10,100 (33.66%)	$4,617 (192.42%)
4+ BR	$3.38	$6,800	$4,508 (50.83%)	$5,122 (32.76%)

Historical Rents in Downtown Boston, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downtown Boston

There are a total of 16 cities nearby Downtown Boston. The average rent in Downtown Boston is currently $3,119 per month. A total of 15 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 Downtown Boston, Boston, MA is Newton, MA. Monthly rents here are on average $4,399 per month.

Let's compare Downtown Boston, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Downtown Boston, Boston, MA is 50.35% more expensive than other cities nearby. One bedrooms are about 31.37% more expensive. Two bedrooms in Downtown Boston, Boston, MA are about 32.88% more expensive. Finally, rent for three bedrooms are about 46.38% more expensive. Want more information? Check out the top 10 cities out of 16 total cities near Downtown Boston, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Revere, MA	$1,800	$2,150	$2,575	$2,400
Chelsea, MA	$1,675	$1,950	$2,900	$2,695
Everett, MA	N/A	$2,125	$2,800	$2,750
Malden, MA	N/A	$2,175	$2,800	$2,800
Medford, MA	$1,163	$2,300	$3,000	$3,500
Watertown Town, MA	N/A	$2,500	$3,100	$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

Top Neighborhoods Near Downtown Boston

There are a total of 31 neighborhoods in or near Downtown Boston. Some of these neighborhoods include Commonwealth, Central Maverick Square - Paris Street, and Jeffries Point - Airport. We've included the top 30 neighborhoods out of 31 total neighborhoods in or near Downtown Boston, Boston, MA in the following chart.

The average rent for these 30 neighborhoods in or near Downtown Boston, Boston, MA is currently around $3,500 per month. A total of 24 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $3,500. Out of all the neighborhoods in or near Downtown Boston, Jeffries Point - Airport 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 Downtown Boston. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Commonwealth, Boston, MA	$2,100	$2,300	$3,000	$3,000
Central Maverick Square - Paris Street, Boston, MA	N/A	$2,700	$3,400	$3,000
Jeffries Point - Airport, Boston, MA	$2,350	$2,500	$3,200	$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
Coolidge Corner, Brookline, MA	$2,415	$2,850	$3,500	$3,400
Back Bay, Boston, MA	$2,400	$3,200	$5,800	$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
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
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 Downtown Boston

There are a total of 31 counties located by Downtown Boston, Boston, MA. Some of these counties include Revere, MA, Chelsea, MA, and Everett, MA. The average rent for rentals in these counties is $3,075. That's roughly around $3 per sqft. A total of 16 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 Downtown Boston, Boston, MA.

Typically, rent for studios in Downtown Boston, Boston, MA is 42.41% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Boston, Boston, MA is 30.66% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Boston, Boston, MA is 33.98% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Revere, MA	$1,800	$2,150	$2,575	$2,400
Chelsea, MA	$1,675	$1,950	$2,900	$2,695
Everett, MA	N/A	$2,125	$2,800	$2,750
Malden, MA	N/A	$2,175	$2,800	$2,800
Medford, MA	$1,163	$2,300	$3,000	$3,500
Watertown Town, MA	N/A	$2,500	$3,100	$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

Top Zipcodes Near Downtown Boston

There are a total of 40 zipcodes in or near Downtown Boston, Boston, MA. The average rent for all of these zipcodes is $3,500. A total of 35 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 Downtown Boston, 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 Downtown Boston, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02111, Boston, MA	$3,200	$3,350	$4,600	$3,805
02109, Boston, MA	$2,850	$3,335	$4,375	$3,548
02114, Boston, MA	$2,728	$3,395	$4,488	$3,630
02113, Boston, MA	$2,400	$2,900	$4,400	$3,550
02116, Boston, MA	$2,575	$3,493	$5,442	$3,785
02210, Boston, MA	$3,240	$3,850	$5,029	$4,161
02142, Cambridge, MA	$3,015	$3,702	$4,417	$3,910
02118, Boston, MA	$2,885	$3,410	$4,800	$3,948
02141, Cambridge, MA	$2,972	$3,478	$3,800	$3,630
02127, Boston, MA	$2,200	$2,900	$3,800	$4,000

Frequently Asked Questions - Downtown Boston Average Rents

What is the average rent price in Downtown Boston, Boston, MA?

The average monthly rental price for Downtown Boston, 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 Downtown Boston, 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 Downtown Boston, Boston, MA.

How much is a studio apartment in Downtown Boston, Boston, MA?

The average monthly rental price for studio apartments is $2,865 and an average price per square feet of $5.46. There are a total of 39 studio apartment listings currently available for rent in Downtown Boston.

How much is a one bedroom apartment in Downtown Boston, Boston, MA?

The average monthly rental price for one bedroom apartments is $3,453 and an average price per square feet of $4.47. There are a total of 124 one bedroom apartment listings currently available for rent in Downtown Boston.

How much is a two bedroom apartment in Downtown Boston, Boston, MA?

The average monthly rental price for two bedroom apartments is $4,544 and an average price per square feet of $4.27. There are a total of 112 two bedroom apartment listings currently available for rent in Downtown Boston.

How have rent prices in Downtown Boston, Boston, MA changed this year?

Rent prices for rentals in Downtown Boston, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.08%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.34% year-over-year.

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

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