Average Rent in Fenway, Boston, MA

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Current Versus Historical Fenway, Boston, MA Rents

Fenway rentals average $4,500 for a studio rental to $5,200 for a 4-bedroom rental. The median price of all currently available listings is $3,700, or roughly $7 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 $133 (-5.78%) year-over-year from $2,308 to $2,175. 1-bedroom rentals prices have increased by $108 (3.88%) year-over-year from $2,792 to $2,900. 2-bedroom rentals prices have increased by $308 (9.09%) year-over-year from $3,392 to $3,700. 3-bedroom rentals prices have increased by $525 (11.73%) year-over-year from $4,475 to $5,000. 4-bedroom rentals prices have decreased by $117 (-1.85%) year-over-year from $6,317 to $6,200. 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 down by 0.76% this month. 1-bedroom rents have gone up by 1.75% this month. 2-bedroom rents have gone up by 2.30% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 4.12% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $2,175 $2,308 (-5.78%) $2,017 (7.85%)
1 BR $6.62 $2,900 $2,792 (3.88%) $2,217 (30.83%)
2 BR N/A $3,700 $3,392 (9.09%) $2,872 (28.85%)
4+ BR N/A $6,200 $6,317 (-1.85%) $5,408 (14.64%)

Historical Rents in Fenway, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Fenway

There are a total of 4 cities nearby Fenway. The average rent in Fenway is currently $3,444 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,584, is the most affordable city nearby. In contrast, the most expensive city near Fenway, Boston, MA is Boston, MA. Monthly rents here are on average $3,695 per month.

Let's compare Fenway, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Fenway, Boston, MA is 46.19% more expensive than other cities nearby. One bedrooms are about 11.92% more affordable. Two bedrooms in Fenway, Boston, MA are about 14.21% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 4 cities near Fenway, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Cambridge, MA $2,858 $3,077 $3,781 $3,437
Brookline, MA $1,985 $3,150 $3,300 $3,450
Boston, MA $2,990 $3,525 $4,425 $3,695

Top Neighborhoods Near Fenway

There are a total of 8 neighborhoods in or near Fenway. Some of these neighborhoods include North Cambridge, South End, and Downtown Boston. We've included all of these top 8 neighborhoods in or near Fenway, Boston, MA in the following chart.

The average rent for these 8 neighborhoods in or near Fenway, Boston, MA is currently around $3,757 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $3,757. Interestingly, the neighborhoods' average rent is higher than Fenway's average rent, which is only $3,700. Out of all the neighborhoods in or near Fenway, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $4,107 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near Fenway. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,949 $3,547 $3,085
South End, Boston, MA $2,974 $3,530 $4,812 $3,538
Downtown Boston, Boston, MA $2,820 $3,355 $4,374 $3,650
East Cambridge, Cambridge, MA $3,000 $3,353 $4,351 $3,724
Chinatown - Leather District, Boston, MA $3,304 $3,638 $5,065 $3,790
D Street - West Broadway, Boston, MA $3,245 $3,760 $4,900 $4,005
Kendall Square, Cambridge, MA $3,123 $4,005 $4,661 $4,056
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,220 $4,094 $4,708 $4,107

Top Counties Near Fenway

There are a total of 8 counties located by Fenway, Boston, MA. Some of these counties include Chelsea, MA, Cambridge, MA, and Brookline, MA. The average rent for rentals in these counties is $3,444. That's roughly around $4 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,584. Vice versa, with an average rent of $3,695, Boston, MA is the most expensive county by Fenway, Boston, MA.

Typically, rent for studios in Fenway, Boston, MA is 46.19% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Fenway, Boston, MA is 11.92% more affordable than other counties nearby. Finally, rent for two bedrooms in Fenway, Boston, MA is 14.21% more affordable than other counties nearby. We've listed the top 4 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Cambridge, MA $2,858 $3,077 $3,781 $3,437
Brookline, MA $1,985 $3,150 $3,300 $3,450
Boston, MA $2,990 $3,525 $4,425 $3,695

Top Zipcodes Near Fenway

There are a total of 13 zipcodes in or near Fenway, Boston, MA. The average rent for all of these zipcodes is $3,533. A total of 8 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 $2,584 per month. In comparison, the zipcode with the most expensive average rent of $4,152 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,820. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Fenway, Boston, MA is $3,375 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,378 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Fenway, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02118, Boston, MA $2,974 $3,530 $4,842 $3,581
02116, Boston, MA $2,885 $3,555 $4,908 $3,735
02215, Boston, MA $2,363 $4,092 $4,708 $4,022
02142, Cambridge, MA $3,000 $3,898 $4,383 $4,152
02141, Cambridge, MA $3,042 $3,630 $4,452 $3,353
02114, Boston, MA $2,820 $3,375 $4,325 $3,730
02109, Boston, MA N/A $3,339 $4,378 $3,533
02134, Boston, MA $3,199 $2,810 $3,200 $3,425
02210, Boston, MA $3,199 $3,745 $4,950 $4,006
02135, Boston, MA $2,573 $3,104 $3,150 $3,300

Frequently Asked Questions - Fenway Average Rents

What is the average rent price in Fenway, Boston, MA?
The average monthly rental price for Fenway, Boston, MA apartments for rent is approximately $3,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Fenway, 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 Fenway, Boston, MA.
How much is a studio apartment in Fenway, Boston, MA?
The average monthly rental price for studio apartments is $4,500 and an average price per square feet of $0. There are a total of 2 studio apartment listings currently available for rent in Fenway.
How much is a one bedroom apartment in Fenway, Boston, MA?
The average monthly rental price for one bedroom apartments is $2,782 and an average price per square feet of $6.62. There are a total of 5 one bedroom apartment listings currently available for rent in Fenway.
How much is a two bedroom apartment in Fenway, Boston, MA?
The average monthly rental price for two bedroom apartments is $3,100 and an average price per square feet of $0. There are a total of 3 two bedroom apartment listings currently available for rent in Fenway.
How have rent prices in Fenway, Boston, MA changed this year?
Rent prices for rentals in Fenway, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.06%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in Fenway, Boston, MA?
A reasonable rent price in Fenway, Boston, MA is around $2,960/month. You can search for these reasonably priced rental listings on RentHop.
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