Average Rent in Oak Square, Boston, MA

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Current Versus Historical Oak Square, Boston, MA Rents

Oak Square rentals average $2,450 for a 2-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,200, or roughly $4 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,800 to $1,800. 1-bedroom rentals prices have increased by $246 (11.75%) year-over-year from $2,092 to $2,338. 2-bedroom rentals prices have increased by $223 (8.17%) year-over-year from $2,725 to $2,948. 3-bedroom rentals prices have increased by $225 (7.09%) year-over-year from $3,175 to $3,400. 4-bedroom rentals prices have increased by $618 (14.09%) year-over-year from $4,383 to $5,000. 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 0.00% this month. 1-bedroom rents have gone down by 6.06% this month. 2-bedroom rents have gone down by 0.53% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 0.17% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR N/A $2,948 $2,725 (8.17%) $2,200 (33.98%)
3 BR $4.25 $3,400 $3,175 (7.09%) $2,798 (21.50%)

Historical Rents in Oak Square, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Oak Square

There are a total of 2 cities nearby Oak Square. The average rent in Oak Square is currently $3,551 per month. Our records show that Cambridge, MA, with an average rent of $3,406, is the most affordable city nearby. In contrast, the most expensive city near Oak Square, Boston, MA is Boston, MA. Monthly rents here are on average $3,695 per month.

Let's compare Oak Square, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Oak Square, Boston, MA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Oak Square, Boston, MA are about 67.90% more affordable. Finally, rent for three bedrooms are about 12.43% more affordable. Want more information? Check out the top 2 cities near Oak Square, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Cambridge, MA $2,858 $3,050 $3,752 $3,406
Boston, MA $2,992 $3,525 $4,475 $3,695

Top Neighborhoods Near Oak Square

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

The average rent for these 8 neighborhoods in or near Oak Square, Boston, MA is currently around $3,688 per month. A total of one neighborhood has a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,688. Interestingly, the neighborhoods' average rent is higher than Oak Square's average rent, which is only $3,200. Out of all the neighborhoods in or near Oak Square, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $4,162 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near Oak Square. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,944 $3,559 $3,085
South End, Boston, MA $2,974 $3,531 $4,782 $3,585
East Cambridge, Cambridge, MA $3,000 $3,342 $4,313 $3,630
Downtown Boston, Boston, MA $2,820 $3,364 $4,365 $3,650
Chinatown - Leather District, Boston, MA $3,304 $3,670 $5,011 $3,725
D Street - West Broadway, Boston, MA $3,240 $3,733 $4,878 $4,000
Kendall Square, Cambridge, MA $3,123 $4,057 $4,660 $4,105
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,400 $4,117 $4,864 $4,162

Top Counties Near Oak Square

There are a total of 8 counties located by Oak Square, Boston, MA. The average rent for rentals in these counties is $3,551. That's roughly around $5 per sqft. The county that is the most affordable is Cambridge, MA. It's average rent per month is $3,406. Vice versa, with an average rent of $3,695, Boston, MA is the most expensive county by Oak Square, Boston, MA.

Typically, rent for studios in Oak Square, Boston, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Oak Square, Boston, MA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Oak Square, Boston, MA is 67.90% more affordable than other counties nearby. We've listed the top 2 counties in the chart below.
County Studio 1 Bed 2 Bed All
Cambridge, MA $2,858 $3,050 $3,752 $3,406
Boston, MA $2,992 $3,525 $4,475 $3,695

Top Zipcodes Near Oak Square

There are a total of 12 zipcodes in or near Oak Square, Boston, MA. The average rent for all of these zipcodes is $3,572. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02138, Cambridge, MA at $2,890 per month. In comparison, the zipcode with the most expensive average rent of $4,092 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,853. 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 Oak Square, Boston, MA is $3,463 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,398 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Oak Square, 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 $2,573 $3,094 $3,150 $3,300
02134, Boston, MA $3,199 $2,810 $3,768 $3,434
02138, Cambridge, MA $2,515 $2,726 $3,571 $2,890
02215, Boston, MA $2,660 $4,107 $4,864 $4,081
02140, Cambridge, MA $2,675 $2,944 $3,547 $3,163
02142, Cambridge, MA $3,000 $3,935 $4,383 $4,092
02141, Cambridge, MA $3,042 $3,630 $4,452 $3,353
02116, Boston, MA $2,885 $3,545 $4,928 $3,730
02118, Boston, MA $2,974 $3,531 $4,812 $3,610
02114, Boston, MA $2,820 $3,395 $4,413 $3,703

Frequently Asked Questions - Oak Square Average Rents

What is the average rent price in Oak Square, Boston, MA?
The average monthly rental price for Oak Square, Boston, MA apartments for rent is approximately $3,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Oak Square, 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 Oak Square, Boston, MA.
How much is a studio apartment in Oak Square, Boston, MA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Oak Square.
How much is a one bedroom apartment in Oak Square, Boston, MA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Oak Square.
How much is a two bedroom apartment in Oak Square, Boston, MA?
The average monthly rental price for two bedroom apartments is $2,450 and an average price per square feet of $0. There are a total of 3 two bedroom apartment listings currently available for rent in Oak Square.
How have rent prices in Oak Square, Boston, MA changed this year?
Rent prices for rentals in Oak Square, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Oak Square, Boston, MA?
A reasonable rent price in Oak Square, Boston, MA is around $2,560/month. You can search for these reasonably priced rental listings on RentHop.
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