Boston, MA Rental Market Trends

What is the average rent in Boston?

The average rent for an apartment in Boston is $3,970. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Boston, MA

Last updated July 2023
Average Rent Average Apartment Size
$3,970 813 sq. ft.

What is the average apartment size in Boston?

The average size for a Boston, MA apartment is 813 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Boston, MA apartment rent ranges

Boston, MA Occupied Housing Units

177,371 or 65% of the households in Boston, MA are renter-occupied while 94,579 or 35% are owner-occupied.

Boston, MA rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Boston, MA By Neighborhood

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What are the most affordable neighborhoods in Boston?

The most affordable neighborhoods in Boston are Hyde Park, where the average rent goes for $2,133/month, Mattapan, where renters pay $2,324/mo on average, and West Roxbury, where the average rent goes for $2,653/mo. If you’re looking for other great deals, check out the listings from Roxbury ($3,014), East Boston ($3,108), and Roslindale ($3,166), where the asking prices are below the average Boston rent of $3,970/mo.

What are the most expensive neighborhoods in Boston?

The most expensive neighborhoods in Boston are Chinatown - Leather District ($4,476), Bay Village ($4,526) and North End Boston ($4,551).

What are the most popular neighborhoods in Boston?

The most popular neighborhood in Boston is Allston - Brighton, where there are 31 listings with an average rent of $3,375. Next up is Back Bay, where apartments go for $4,323/month, followed by South Boston with $4,099 If you’re looking to rent in Boston’s most popular neighborhoods, make sure to also check out Dorchester, where renters pay $3,527 on average, and South End Boston, where the average monthly rent is $4,105.

Boston | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Allston - Brighton is 22% lower than in Back Bay

$3,375

Allston - Brighton rent is 15% lower than Boston average

Average Rent $3,375
$4,323

Back Bay rent is 9% higher than Boston average

Average Rent $4,323

How Boston Compares to Other Cities

City Average Rent
Boston $3,970
Fall River $1,853
Worcester $1,819
Cambridge $3,658
Cambridge $3,658
Somerville $3,504
Somerville $3,504
Quincy $2,772
Quincy $2,772
New Bedford $1,835
Lowell $2,124
Waltham $3,095
Weymouth Town $2,426
Waltham $3,095
Weymouth Town $2,426
Salem $2,793
Salem $2,793
Medford $3,308
Lynn $2,058
Brockton $1,861
Malden $2,568

What is the average price for a storage unit in Boston?

The average rent for a non-climate-controlled 10'x10' storage unit in Boston is $258.87. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.

Most Popular Apartments in Boston

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