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Rental market trends in Boston, MA

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Average Rent in Boston, MA

Average Rent in Boston, MA

Avg. RentAnnual Change
Studio - $3,197-4%
1 Bed - $3,939-4%
2 Beds - $5,267+6%
Last updated 6/22/2024

Average Apartment Cost in Boston, MA

The average rent for apartments in Boston, MA, is between $3,197 and $5,267 in 2024. For a studio apartment in Boston, MA, the average rent is $3,197. When it comes to 1-bedroom apartments, the average rent in Boston, MA, is $3,939. For a 2-bedroom apartment, the average rent is $5,267.

Apartment Rent Ranges in Boston, MA

Apartment PricesProportion
0%
0%
0%
6%
93%

Neighborhood Apartment Rent Trends in Boston, MA

NeighborhoodStudio Avg RentAnnual Change
Fort Point$3,585+3%
West End$3,535+3%
Downtown$3,437+52%
Central$3,3660%
Prudential - St. Botolph$3,3520%
Columbia Point$3,337+9%
D Street - West Broadway$3,319-4%
Financial District$3,217--
South End$3,205-1%
Kenmore$3,177+11%
Fenway - Kenmore$3,141-6%
Shawmut$3,122-5%
Seaport District$3,075-10%
St. Elizabeth's$2,971+49%
North Allston$2,850--
City Point$2,850--
North End$2,730--
Harrison Lenox$2,5500%
Watertown West End$2,548+5%
West Fens$2,500+34%
Fenway$2,350-30%
Fenway - Kenmore - Audubon Circle - Longwood$2,350-30%
Back Bay$2,300-30%
Back Bay West$2,300-4%
Oak Square$2,300+31%
East Watertown$2,250+34%
Commonwealth$1,600-56%
Neighborhood1 Bed Avg RentAnnual Change
West End$4,262-1%
D Street - West Broadway$4,226+3%
Harrison Lenox$4,205+15%
Fort Point$4,177-1%
Shawmut$4,177+6%
Seaport District$4,156+1%
Financial District$4,087+9%
Central$4,055-2%
Downtown$4,052-3%
South End$3,997+7%
Back Bay East$3,900-11%
Fenway - Kenmore$3,877-5%
Columbia Point$3,823+4%
Back Bay$3,735-1%
Prudential - St. Botolph$3,735-3%
St. Elizabeth's$3,578-1%
Sudbury$3,360+19%
Columbus$3,200-7%
South Braintree$3,185+3%
North End$3,075+4%
Fenway$3,075-31%
Fenway - Kenmore - Audubon Circle - Longwood$3,075-31%
Waterfront$3,075+3%
West Fens$3,000-24%
Telegraph Hill$2,937+1%
Oak Square$2,897+18%
Watertown West End$2,730+2%
Back Bay West$2,700+23%
City Point$2,600--
Beacon Hill$2,4900%
Jeffries Point$2,425--
East Watertown$2,400+23%
Ashmont$2,400--
Kenmore$2,325-49%
Commonwealth$2,300-50%
North Allston$2,300+6%
Fort Hill$2,300--
Highland Park$2,300--
Greater Mattapan$2,298--
Hyde Square$2,200--
St. Marks$2,150--
Brook Farm$1,950--
Neighborhood2 Beds Avg RentAnnual Change
Seaport District$5,938-7%
Fort Point$5,925+13%
Shawmut$5,769+9%
West End$5,625+2%
Harrison Lenox$5,522+30%
Central$5,383+9%
Downtown$5,382+4%
D Street - West Broadway$5,352-2%
South End$5,249+13%
Back Bay$5,200+2%
Prudential - St. Botolph$5,200+2%
Fenway - Kenmore$5,171+2%
Kenmore$4,850-14%
Financial District$4,755-1%
Columbia Point$4,725+7%
St. Elizabeth's$4,705+11%
West Fens$4,600+167%
Sudbury$4,590+14%
Fenway$4,100-26%
Fenway - Kenmore - Audubon Circle - Longwood$4,100-26%
City Point$4,100--
Waterfront$4,000+5%
Columbus$4,000--
South Braintree$3,892+5%
Jeffries Point$3,750--
Watertown West End$3,612+5%
Back Bay West$3,500-22%
Oak Square$3,500+30%
Telegraph Hill$3,447-2%
Eagle Hill$3,400--
North End$3,300-23%
North Allston$3,200+106%
Fort Hill$3,200--
Highland Park$3,200--
Forest Hills - Woodbourne$3,200--
Commonwealth$2,900-54%
Frederick Douglass Square Historic District$2,850--
Moreland Street Historic District$2,800--
Ashmont$2,800--
Greater Mattapan$2,747+4%
East Watertown$2,700-16%
Hyde Square$2,600--
Egleston Square$2,600--
St. Marks$2,500--
Brook Farm$2,350--

How Other Cities Compare to Boston, MA

CityStudio Avg RentAnnual Change
Chestnut Hill$3,090-26%
Cambridge$3,0690%
Jamaica Plain$2,971+15%
Brighton$2,971+56%
Brookline$2,788+13%
Somerville$2,750+28%
Allston$2,350+9%
Dorchester$2,288--
Quincy$2,209-7%
Roxbury$1,9000%
Newton$1,8500%
Providence$1,725+31%
Worcester$1,611+1%
Lowell$1,350-5%
Manchester$950-37%
City1 Bed Avg RentAnnual Change
Roxbury$3,750+26%
Cambridge$3,671+4%
Chestnut Hill$3,380-10%
Jamaica Plain$3,279+8%
Brighton$3,262+30%
Dorchester$3,166--
Somerville$2,995-4%
South Boston$2,937+1%
Brookline$2,886+7%
Newton$2,750-12%
Quincy$2,740+2%
Allston$2,675-15%
Providence$2,022-1%
Lowell$2,009+6%
Worcester$1,812+15%
Manchester$1,750-4%
City2 Beds Avg RentAnnual Change
Allston$4,925+16%
Cambridge$4,772+1%
Brighton$4,638+72%
Chestnut Hill$4,460-7%
Brookline$4,032+10%
Roxbury$3,966+7%
Jamaica Plain$3,962+13%
Somerville$3,637-2%
Dorchester$3,464--
South Boston$3,447-2%
Quincy$3,417+8%
Newton$3,000-20%
Lowell$2,324-1%
Worcester$2,174+12%
Providence$2,165-9%
Manchester$2,130+5%

Boston, MA Rent Trends

Studio1 Bed2 Beds
Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024Jun 2024
$3417$3407$3437$3379$3284$3277$3235$3121$3090$3120$3183$3186$3334
$4071$4071$3967$3841$3870$3840$3822$3697$3775$3850$3948$3941$4107
$5270$5295$5222$5005$4987$4967$4987$4914$5062$5051$5195$5247$5587
$5350$5350$4962$5012$5012$5012$4962$5012$5350$5418$5200$5298$5212

Neighborhood Information for Boston, MA

What are the most affordable neighborhoods in Boston, MA?

The most affordable neighborhoods in Boston are Brook Farm, where the average 1-bedroom apartment rent goes for $1,950, St. Marks, where renters pay $2,150 on average for a 1-bedroom apartment, and Hyde Square, where the average 1-bedroom apartment rent goes for $2,200. If you're looking for other great deals, check out the listings in Greater Mattapan ($2,298 for a 1-bedroom apartment) or Commonwealth ($2,300 for a 1-bedroom apartment), compared to the $3,939 average for a Boston 1-bedroom apartment.

What are the most expensive neighborhoods in Boston, MA?

The most affordable neighborhoods in Boston are West End, where the average 1-bedroom apartment rent goes for $4,262, D Street - West Broadway, where renters pay $4,226 on average for a 1-bedroom apartment, and Harrison Lenox, where the average 1-bedroom apartment rent goes for $4,205. If you're looking for other great deals, check out the listings in Fort Point ($4,177 for a 1-bedroom apartment) or Shawmut ($4,177 for a 1-bedroom apartment), compared to the $3,939 average for a Boston 1-bedroom apartment.

What are the most popular neighborhoods in Boston, MA?

The most popular neighborhoods in Boston are Kenmore, where the average 1-bedroom apartment rent goes for $2,325, Fenway, where renters pay $3,075 on average for a 1-bedroom apartment, and Fenway - Kenmore - Audubon Circle - Longwood, where the average 1-bedroom apartment rent goes for $3,075. If you're looking for other popular neighborhoods, check out the listings in West Fens ($3,000 for a 1-bedroom apartment) or Back Bay West ($2,700 for a 1-bedroom apartment), compared to the $3,939 average for a Boston 1-bedroom apartment.

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