Average Rent in Waterfront, Boston, MA

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Current Versus Historical Waterfront, Boston, MA Rents

Waterfront rentals average $3,375 for a 1-bedroom rental to $4,950 for a 2-bedroom rental. The median price of all currently available listings is $4,600, 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 increased by $11 (0.44%) year-over-year from $2,489 to $2,500. 1-bedroom rentals prices have decreased by $25 (-0.76%) year-over-year from $3,275 to $3,250. 2-bedroom rentals prices have increased by $608 (14.87%) year-over-year from $4,092 to $4,700. 3-bedroom rentals prices have increased by $217 (4.30%) year-over-year from $5,033 to $5,250. 4-bedroom rentals prices have increased by $12,983 (185.04%) year-over-year from $7,017 to $20,000. 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 up by 5.41% this month. 2-bedroom rents have gone down by 14.29% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $4.83 $3,250 $3,275 (-0.76%) $3,498 (-7.08%)
2 BR $4.38 $4,700 $4,092 (14.87%) $2,534 (85.48%)

Historical Rents in Waterfront, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Waterfront

There are a total of 9 cities nearby Waterfront. The average rent in Waterfront is currently $3,500 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 $2,400, is the most affordable city nearby. In contrast, the most expensive city near Waterfront, Boston, MA is Brookline, MA. Monthly rents here are on average $4,000 per month.

Let's compare Waterfront, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Waterfront, Boston, MA is inf% more affordable than other cities nearby. One bedrooms are about 24.44% more expensive. Two bedrooms in Waterfront, Boston, MA are about 35.35% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 9 cities near Waterfront, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Lynn, MA $1,700 $2,400 $2,550 $2,400
Quincy, MA $1,695 $2,175 $2,600 $2,500
Waltham, MA $1,350 $2,500 $3,200 $2,926
Cambridge, MA $2,875 $2,990 $3,789 $3,500
Medford, MA N/A $2,495 $2,800 $3,500
Boston, MA $2,774 $3,400 $3,984 $3,650
Somerville, MA $2,125 $2,738 $3,680 $3,875
Brookline, MA $2,048 $3,000 $3,700 $4,000
Newton, MA $1,775 $2,550 $3,200 $4,000

Top Neighborhoods Near Waterfront

There are a total of 21 neighborhoods in or near Waterfront. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and North End. We've included all of these top 21 neighborhoods in or near Waterfront, Boston, MA in the following chart.

The average rent for these 21 neighborhoods in or near Waterfront, Boston, MA is currently around $3,775 per month. A total of 21 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Waterfront, North Cambridge has the most affordable average rent at $3,134 per month. Whereas, at $4,500 average rent per month, Back Bay is the most expensive neighborhood in or near Waterfront. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,953 $3,572 $3,134
Central Maverick Square - Paris Street, Boston, MA $2,418 $3,000 $3,400 $3,225
North End, Boston, MA $2,400 $3,208 $4,650 $3,500
West End, Boston, MA $2,928 $3,315 $4,838 $3,505
Uphams Corner - Jones Hill, Boston, MA N/A $2,175 $2,850 $3,550
Beacon Hill, Boston, MA $2,150 $3,750 $4,000 $3,550
East Cambridge, Cambridge, MA $3,047 $3,350 $4,317 $3,550
South End, Boston, MA $3,019 $3,405 $4,503 $3,583
Columbia Point, Boston, MA $150 $2,778 $3,000 $3,600
St. Elizabeth's, Boston, MA $2,275 $2,350 $3,700 $3,625
Coolidge Corner, Brookline, MA $2,048 $3,000 $3,400 $3,775
North Allston, Boston, MA $3,199 $3,523 $4,743 $3,818
Downtown Boston, Boston, MA $2,843 $3,443 $4,517 $3,858
Commonwealth, Boston, MA $1,900 $2,300 $3,000 $3,925
Chinatown - Leather District, Boston, MA $3,232 $3,600 $5,550 $3,928
Washington Square, Brookline, MA $1,850 $3,000 $3,650 $3,950
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,500 $3,891 $4,616 $3,975
Kendall Square, Cambridge, MA $3,123 $3,926 $4,554 $4,020
D Street - West Broadway, Boston, MA $3,240 $3,810 $4,725 $4,157
Mission Hill, Boston, MA N/A $2,800 $3,250 $4,400
Back Bay, Boston, MA $2,350 $3,500 $5,795 $4,500

Top Counties Near Waterfront

There are a total of 21 counties located by Waterfront, Boston, MA. Some of these counties include Lynn, MA, Quincy, MA, and Waltham, MA. The average rent for rentals in these counties is $3,500. 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 $2,400. Vice versa, with an average rent of $4,000, Brookline, MA is the most expensive county by Waterfront, Boston, MA.

Typically, rent for studios in Waterfront, Boston, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Waterfront, Boston, MA is 24.44% more expensive than other counties nearby. Finally, rent for two bedrooms in Waterfront, Boston, MA is 35.35% more expensive than other counties nearby. We've listed the top 9 counties in the chart below.
County Studio 1 Bed 2 Bed All
Lynn, MA $1,700 $2,400 $2,550 $2,400
Quincy, MA $1,695 $2,175 $2,600 $2,500
Waltham, MA $1,350 $2,500 $3,200 $2,926
Cambridge, MA $2,875 $2,990 $3,789 $3,500
Medford, MA N/A $2,495 $2,800 $3,500
Boston, MA $2,774 $3,400 $3,984 $3,650
Somerville, MA $2,125 $2,738 $3,680 $3,875
Brookline, MA $2,048 $3,000 $3,700 $4,000
Newton, MA $1,775 $2,550 $3,200 $4,000

Top Zipcodes Near Waterfront

There are a total of 31 zipcodes in or near Waterfront, Boston, MA. The average rent for all of these zipcodes is $3,595. A total of 31 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 $2,550 per month. In comparison, the zipcode with the most expensive average rent of $4,600 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,500. 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 Waterfront, Boston, MA is $2,850 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,625 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Waterfront, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02109, Boston, MA $2,613 $3,339 $4,406 $3,562
02114, Boston, MA $2,740 $3,395 $4,238 $3,675
02111, Boston, MA $2,900 $3,424 $5,199 $3,843
02210, Boston, MA $3,240 $3,810 $4,983 $4,100
02116, Boston, MA $2,850 $3,530 $5,530 $4,039
02142, Cambridge, MA $3,135 $3,635 $4,436 $3,926
02141, Cambridge, MA $2,989 $3,340 $4,000 $3,478
02128, Boston, MA $2,418 $2,773 $3,325 $3,200
02127, Boston, MA $2,700 $3,150 $3,700 $4,200
02118, Boston, MA $3,006 $3,396 $4,605 $3,595

Frequently Asked Questions - Waterfront Average Rents

What is the average rent price in Waterfront, Boston, MA?
The average monthly rental price for Waterfront, Boston, MA apartments for rent is approximately $4,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Waterfront, 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 Waterfront, Boston, MA.
How much is a studio apartment in Waterfront, 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 Waterfront.
How much is a one bedroom apartment in Waterfront, Boston, MA?
The average monthly rental price for one bedroom apartments is $3,375 and an average price per square feet of $4.83. There are a total of 4 one bedroom apartment listings currently available for rent in Waterfront.
How much is a two bedroom apartment in Waterfront, Boston, MA?
The average monthly rental price for two bedroom apartments is $4,950 and an average price per square feet of $4.38. There are a total of 7 two bedroom apartment listings currently available for rent in Waterfront.
How have rent prices in Waterfront, Boston, MA changed this year?
Rent prices for rentals in Waterfront, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in Waterfront, Boston, MA?
A reasonable rent price in Waterfront, Boston, MA is around $3,680/month. You can search for these reasonably priced rental listings on RentHop.
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