Average Rent in Downtown Boston, Boston, MA

Current Versus Historical Downtown Boston, Boston, MA Rents

Downtown Boston rentals average $2,850 for a studio rental to $6,250 for a 4-bedroom rental. The median price of all currently available listings is $3,865, or roughly $4 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $915 (-24.14%) year-over-year from $3,790 to $2,875. 1-bedroom rentals prices have decreased by $210 (-4.68%) year-over-year from $4,485 to $4,275. 2-bedroom rentals prices have decreased by $191 (-3.35%) year-over-year from $5,691 to $5,500. 3-bedroom rentals prices have increased by $1,604 (18.02%) year-over-year from $8,897 to $10,500. 4-bedroom rentals prices have decreased by $233 (-3.57%) year-over-year from $6,533 to $6,300. 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 3.67% this month. 1-bedroom rents have gone up by 0.53% this month. 2-bedroom rents have gone up by 1.54% this month. 3-bedroom rents have gone up by 32.63% this month. 4-bedroom rents have gone down by 14.51% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.38	$2,875	$3,790 (-24.14%)	$2,284 (25.89%)
1 BR	$4.47	$4,275	$4,485 (-4.68%)	$2,848 (50.12%)
2 BR	$4.27	$5,500	$5,691 (-3.35%)	$3,847 (42.99%)
3 BR	$4.23	$10,500	$8,897 (18.02%)	$4,629 (126.82%)
4+ BR	$4.78	$6,300	$6,533 (-3.57%)	$4,867 (29.45%)

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 11 cities nearby Downtown Boston. The average rent in Downtown Boston is currently $3,300 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,455, is the most affordable city nearby. In contrast, the most expensive city near Downtown Boston, Boston, MA is Brookline, MA. Monthly rents here are on average $4,000 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 37.72% more expensive than other cities nearby. One bedrooms are about 25.64% more expensive. Two bedrooms in Downtown Boston, Boston, MA are about 33.33% more expensive. Finally, rent for three bedrooms are about 28.95% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Downtown Boston, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Lynn, MA	$1,700	$2,416	$2,550	$2,455
Quincy, MA	$1,648	$2,310	$2,575	$2,536
Chelsea, MA	$1,550	$2,225	$2,700	$2,584
Watertown Town, MA	$2,793	$2,650	$3,175	$3,150
Medford, MA	N/A	$2,548	$2,838	$3,300
Cambridge, MA	$2,821	$3,036	$3,785	$3,559
Boston, MA	$2,774	$3,399	$4,000	$3,657
Somerville, MA	$2,063	$2,800	$3,700	$3,850
Brookline, MA	$2,015	$3,000	$3,575	$4,000
Newton, MA	$1,775	$2,450	$3,000	$4,000

Top Neighborhoods Near Downtown Boston

There are a total of 20 neighborhoods in or near Downtown Boston. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and Beacon Hill. We've included all of these top 20 neighborhoods in or near Downtown Boston, Boston, MA in the following chart.

The average rent for these 20 neighborhoods in or near Downtown Boston, Boston, MA is currently around $3,708 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,708. Out of all the neighborhoods in or near Downtown Boston, North Cambridge has the most affordable average rent at $3,176 per month. Whereas, at $4,500 average rent per month, Mission Hill is the most expensive neighborhood in or near Downtown Boston. 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	$3,000	$3,348	$3,200
Beacon Hill, Boston, MA	$2,150	$3,550	$4,100	$3,475
North End, Boston, MA	$2,400	$3,165	$4,675	$3,500
Uphams Corner - Jones Hill, Boston, MA	N/A	$2,175	$2,850	$3,525
St. Elizabeth's, Boston, MA	$2,250	$2,400	$3,700	$3,600
Columbia Point, Boston, MA	$150	$2,452	$2,900	$3,620
East Cambridge, Cambridge, MA	$3,000	$3,350	$4,395	$3,643
West End, Boston, MA	$3,100	$3,546	$5,030	$3,695
Commonwealth, Boston, MA	$1,825	$2,350	$3,000	$3,700
South End, Boston, MA	$2,974	$3,403	$4,719	$3,715
Coolidge Corner, Brookline, MA	$2,035	$3,000	$3,500	$3,750
North Allston, Boston, MA	$3,143	$3,500	$4,721	$3,816
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,499	$3,870	$4,516	$3,920
Chinatown - Leather District, Boston, MA	$3,304	$3,745	$5,600	$4,025
Kendall Square, Cambridge, MA	$3,245	$4,002	$4,658	$4,035
D Street - West Broadway, Boston, MA	$3,245	$3,800	$4,725	$4,170
Lower Roxbury, Boston, MA	$2,250	$2,843	$4,200	$4,225
Back Bay, Boston, MA	$2,400	$3,607	$5,800	$4,450
Mission Hill, Boston, MA	N/A	$2,800	$3,225	$4,500

Top Counties Near Downtown Boston

There are a total of 20 counties located by Downtown Boston, Boston, MA. Some of these counties include Lynn, MA, Quincy, MA, and Chelsea, MA. The average rent for rentals in these counties is $3,300. That's roughly around $3 per sqft. A total of 9 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,455. Vice versa, with an average rent of $4,000, Brookline, MA is the most expensive county by Downtown Boston, Boston, MA.

Typically, rent for studios in Downtown Boston, Boston, MA is 37.72% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Boston, Boston, MA is 25.64% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Boston, Boston, MA is 33.33% more expensive 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	$2,416	$2,550	$2,455
Quincy, MA	$1,648	$2,310	$2,575	$2,536
Chelsea, MA	$1,550	$2,225	$2,700	$2,584
Watertown Town, MA	$2,793	$2,650	$3,175	$3,150
Medford, MA	N/A	$2,548	$2,838	$3,300
Cambridge, MA	$2,821	$3,036	$3,785	$3,559
Boston, MA	$2,774	$3,399	$4,000	$3,657
Somerville, MA	$2,063	$2,800	$3,700	$3,850
Brookline, MA	$2,015	$3,000	$3,575	$4,000
Newton, MA	$1,775	$2,450	$3,000	$4,000

Top Zipcodes Near Downtown Boston

There are a total of 32 zipcodes in or near Downtown Boston, Boston, MA. The average rent for all of these zipcodes is $3,600. A total of 23 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02169, Quincy, MA at $2,575 per month. In comparison, the zipcode with the most expensive average rent of $4,650 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,455. 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 $2,816 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,591 per month. Which comes out to $4 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	$3,172	$3,768	$5,044	$4,300
02109, Boston, MA	$2,613	$3,316	$4,406	$3,530
02114, Boston, MA	$2,695	$3,458	$4,250	$3,675
02113, Boston, MA	$2,350	$3,425	$4,425	$3,600
02116, Boston, MA	$2,885	$3,555	$5,495	$4,188
02210, Boston, MA	$3,245	$3,810	$5,036	$4,110
02142, Cambridge, MA	$3,095	$3,705	$4,488	$4,005
02118, Boston, MA	$2,974	$3,399	$4,737	$3,733
02141, Cambridge, MA	$2,989	$3,352	$4,200	$3,600
02127, Boston, MA	$2,780	$3,150	$3,779	$4,250

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 $3,865. 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 $2,850 and an average price per square feet of $5.38. There are a total of 37 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 $3,426 and an average price per square feet of $4.47. There are a total of 110 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 $4,500 and an average price per square feet of $4.27. There are a total of 94 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 -0.24%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.18% 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 $3,092/month. You can search for these reasonably priced rental listings on RentHop.