Boston, MA Rental Market Trends
What is the average rent in Boston?
The average rent for an apartment in Boston is $3,935. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Boston, MA
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $3,935 | 812 sq. ft. |
What is the average apartment size in Boston?
The average size for a Boston, MA apartment is 812 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
179,867 or 65% of the households in Boston, MA are renter-occupied while 96,186 or 35% are owner-occupied.
Boston, MA rent trends
Average Rent in Boston, MA By Neighborhood
| City | Average Rent |
|---|---|
| Bay Village | $4,511 |
| Chinatown - Leather District | $4,406 |
| North End Boston | $4,330 |
| Back Bay | $4,314 |
| South Boston | $4,151 |
| South End Boston | $4,133 |
| West End Boston | $4,113 |
| Downtown - Financial District | $4,094 |
| Beacon Hill | $4,045 |
| Fenway - Kenmore | $3,996 |
| Mission Hill | $3,856 |
| Allston - Brighton | $3,489 |
| Charlestown | $3,476 |
| Dorchester | $3,450 |
| East Boston | $3,404 |
| Jamaica Plain | $3,328 |
| Roslindale | $3,142 |
| Roxbury | $3,135 |
| West Roxbury | $2,670 |
| Mattapan | $2,618 |
| Hyde Park | $2,558 |
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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 $2,558/month, Mattapan, where renters pay $2,618/mo on average, and West Roxbury, where the average rent goes for $2,670/mo. If you’re looking for other great deals, check out the listings from Roxbury ($3,135), Roslindale ($3,142), and Jamaica Plain ($3,328), where the asking prices are below the average Boston rent of $3,935/mo.
What are the most expensive neighborhoods in Boston?
The most expensive neighborhoods in Boston are North End Boston ($4,330), Chinatown - Leather District ($4,406) and Bay Village ($4,511).
What are the most popular neighborhoods in Boston?
The most popular neighborhood in Boston is Allston - Brighton, where there are 37 listings with an average rent of $3,489. Next up is South Boston, where apartments go for $4,151/month, followed by Back Bay with $4,314 If you’re looking to rent in Boston’s most popular neighborhoods, make sure to also check out Dorchester, where renters pay $3,450 on average, and East Boston, where the average monthly rent is $3,404.
Boston | Rent Comparison by Neighborhood
Rent in Allston - Brighton is 19% lower than in Back Bay
$3,489
Allston - Brighton rent is 11% lower than Boston average
Average Rent
$3,489
$4,314
Back Bay rent is 10% higher than Boston average
Average Rent
$4,314
How Boston Compares to Other Cities
| State | Average Rent |
|---|---|
| Boston | $3,935 |
| Worcester | $1,973 |
| Cambridge | $3,742 |
| Fall River | $1,980 |
| Somerville | $3,563 |
| Quincy | $2,781 |
| Waltham | $3,199 |
| New Bedford | $1,984 |
| Lowell | $2,226 |
| Salem | $2,691 |
| Medford | $3,328 |
| Weymouth Town | $2,472 |
| Lynn | $2,471 |
| Malden | $2,611 |
| Revere | $2,744 |
| Brockton | $2,003 |
| Melrose | $3,070 |
| Chelsea | $2,904 |
| Newton | $3,767 |
| Peabody | $2,671 |
| Watertown | $3,300 |
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 $237.05. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
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