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Rental market trends in Boston, MA

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Average Rent in Boston, MA

Avg. RentAnnual Change
Studio - $3,216+5%
1 Bed - $3,830-3%
2 Beds - $4,807+1%
Last updated 3/22/2023

Average Apartment Cost in Boston, MA

The average rent for apartments in Boston, MA, is between $3,216 and $4,807 in 2023. For a studio apartment in Boston, MA, the average rent is $3,216. When it comes to 1-bedroom apartments, the average rent in Boston, MA, is $3,830. For a 2-bedroom apartment, the average rent is $4,807.

Apartment Rent Ranges in Boston, MA

$501-$700
$701-$1,000
$1,001-$1,500
$1,501-$2,100
$2,101+
Apartment Prices
Proportion
0%1%1%9%89%

Neighborhood Apartment Rent Trends in Boston, MA

NeighborhoodStudio Avg RentAnnual Change
Kenmore$3,628+19%
Fenway$3,503+15%
Fenway - Kenmore - Audubon Circle - Longwood$3,503+15%
Fort Point$3,410-1%
D Street - West Broadway$3,364+7%
Seaport District$3,302+4%
Columbia Point$3,272+13%
West End$3,207-2%
Fenway - Kenmore$3,192+4%
Back Bay West$3,175--

How Other Cities Compare to Boston, MA

CityStudio Avg RentAnnual Change
Cambridge$2,698-6%
Jamaica Plain$2,498+1%
Brookline$2,325+27%
Somerville$2,277+4%
Dorchester$2,038--
Chestnut Hill$1,965--
Allston$1,950+8%
Roxbury$1,900+1%
Brighton$1,900+21%
Manchester$1,660+21%

Boston, MA Rent Trends

Neighborhood Information for Boston, MA

What are the most affordable neighborhoods in Boston, MA?

The most affordable neighborhoods in Boston are Greater Mattapan, where the average 1-bedroom apartment rent goes for $1,500, Egleston Square, where renters pay $1,800 on average for a 1-bedroom apartment, and East Weymouth, where the average 1-bedroom apartment rent goes for $1,925. If you're looking for other great deals, check out the listings in Commonwealth ($2,100 for a 1-bedroom apartment) or Forest Hills - Woodbourne ($2,150 for a 1-bedroom apartment), compared to the $3,830 average for a Boston 1-bedroom apartment.