Average Rent in 02116, Boston, MA

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Current Versus Historical 02116, Boston, MA Rents

02116 rentals average $2,850 for a studio rental to $11,750 for a 4-bedroom rental. The median price of all currently available listings is $4,200, or roughly $6 per square feet.
For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $2,750 to $2,750. 1-bedroom rentals prices have increased by $50 (1.52%) year-over-year from $3,300 to $3,350. 2-bedroom rentals prices have decreased by $125 (-2.35%) year-over-year from $5,325 to $5,200. 3-bedroom rentals prices have increased by $1,783 (23.41%) year-over-year from $7,617 to $9,400. 4-bedroom rentals prices have increased by $1,499 (11.75%) year-over-year from $12,752 to $14,250. 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 up by 3.49% this month. 1-bedroom rents have gone up by 3.61% this month. 2-bedroom rents have gone up by 3.31% this month. 3-bedroom rents have gone up by 14.17% this month. 4-bedroom rents have gone down by 9.04% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.19 $2,750 $2,750 (0.00%) $1,866 (47.39%)
1 BR $5.52 $3,350 $3,300 (1.52%) $2,733 (22.56%)
2 BR $5.00 $5,200 $5,325 (-2.35%) $4,631 (12.30%)
3 BR $4.78 $9,400 $7,617 (23.41%) $5,800 (62.08%)
4+ BR $6.75 $14,250 $12,752 (11.75%) $10,458 (36.25%)

Historical Rents in 02116, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02116

There are a total of 15 cities nearby 02116. The average rent in 02116 is currently $2,950 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,150, is the most affordable city nearby. In contrast, the most expensive city near 02116, Boston, MA is Brookline, MA. Monthly rents here are on average $4,200 per month.

Let's compare 02116, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02116, Boston, MA is 34.21% more expensive than other cities nearby. One bedrooms are about 32.35% more expensive. Two bedrooms in 02116, Boston, MA are about 49.09% more expensive. Finally, rent for three bedrooms are about 64.21% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near 02116, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Revere, MA $1,700 $2,300 $2,748 $2,500
Chelsea, MA $1,750 $2,150 $2,500 $2,500
Malden, MA $1,875 $2,225 $2,675 $2,800
Medford, MA N/A $2,250 $2,675 $3,000
Watertown Town, MA $2,680 $2,525 $3,050 $3,065
Cambridge, MA $2,770 $3,000 $3,600 $3,408
Somerville, MA $2,165 $2,850 $2,950 $3,438
Boston, MA $2,500 $3,050 $3,350 $3,500
Newton, MA $2,150 $2,400 $2,800 $3,700
Brookline, MA $2,748 $2,875 $4,000 $4,200

Top Neighborhoods Near 02116

There are a total of 12 neighborhoods in or near 02116. Some of these neighborhoods include Commonwealth, Uphams Corner - Jones Hill, and Fenway - Kenmore - Audubon Circle - Longwood. We've included all of these top 12 neighborhoods in or near 02116, Boston, MA in the following chart.

The average rent for these 12 neighborhoods in or near 02116, Boston, MA is currently around $3,776 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near 02116, Commonwealth has the most affordable average rent at $2,900 per month. Whereas, at $6,000 average rent per month, Mission Hill is the most expensive neighborhood in or near 02116. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Commonwealth, Boston, MA $300 $2,350 $3,000 $2,900
Uphams Corner - Jones Hill, Boston, MA N/A $2,100 $2,500 $3,400
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,475 $3,200 $4,001 $3,725
Back Bay, Boston, MA $2,695 $3,400 $5,800 $3,750
Columbia Point, Boston, MA N/A N/A $2,750 $3,750
Washington Park, Boston, MA N/A $2,250 $3,025 $3,750
West End, Boston, MA $2,738 $3,358 $4,533 $3,803
South End, Boston, MA $2,350 $3,310 $4,238 $3,818
D Street - West Broadway, Boston, MA $3,140 $3,213 $4,000 $3,900
Downtown Boston, Boston, MA $3,023 $3,945 $5,400 $4,163
Coolidge Corner, Brookline, MA $2,500 $2,900 $4,150 $4,200
Mission Hill, Boston, MA N/A $2,650 $3,750 $6,000

Top Counties Near 02116

There are a total of 12 counties located by 02116, Boston, MA. Some of these counties include Revere, MA, Chelsea, MA, and Malden, MA. The average rent for rentals in these counties is $2,950. That's roughly around $3 per sqft. A total of 15 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,150. Vice versa, with an average rent of $4,200, Brookline, MA is the most expensive county by 02116, Boston, MA.

Typically, rent for studios in 02116, Boston, MA is 34.21% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02116, Boston, MA is 32.35% more expensive than other counties nearby. Finally, rent for two bedrooms in 02116, Boston, MA is 49.09% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Revere, MA $1,700 $2,300 $2,748 $2,500
Chelsea, MA $1,750 $2,150 $2,500 $2,500
Malden, MA $1,875 $2,225 $2,675 $2,800
Medford, MA N/A $2,250 $2,675 $3,000
Watertown Town, MA $2,680 $2,525 $3,050 $3,065
Cambridge, MA $2,770 $3,000 $3,600 $3,408
Somerville, MA $2,165 $2,850 $2,950 $3,438
Boston, MA $2,500 $3,050 $3,350 $3,500
Newton, MA $2,150 $2,400 $2,800 $3,700
Brookline, MA $2,748 $2,875 $4,000 $4,200

Top Zipcodes Near 02116

There are a total of 3 zipcodes in or near 02116, Boston, MA. The average rent for all of these zipcodes is $3,065. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02128, Boston, MA at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $3,830 per month is 02118, Boston, MA.

Studios in these zipcodes have an average rent of $2,323. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02116, Boston, MA is $2,525 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,100 per month. Which comes out to $3 per sqft. The following chart includes the top 3 zipcodes in 02116, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02128, Boston, MA $2,000 $2,400 $3,100 $3,000
02118, Boston, MA $2,323 $3,320 $4,275 $3,830
02472, Watertown Town, MA $2,680 $2,525 $3,050 $3,065

Frequently Asked Questions - 02116 Average Rents

What is the average rent price in 02116, Boston, MA?
The average monthly rental price for 02116, Boston, MA apartments for rent is approximately $4,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02116, 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 02116, Boston, MA.
How much is a studio apartment in 02116, Boston, MA?
The average monthly rental price for studio apartments is $2,850 and an average price per square feet of $6.19. There are a total of 21 studio apartment listings currently available for rent in 02116.
How much is a one bedroom apartment in 02116, Boston, MA?
The average monthly rental price for one bedroom apartments is $3,400 and an average price per square feet of $5.52. There are a total of 43 one bedroom apartment listings currently available for rent in 02116.
How much is a two bedroom apartment in 02116, Boston, MA?
The average monthly rental price for two bedroom apartments is $5,500 and an average price per square feet of $5.00. There are a total of 27 two bedroom apartment listings currently available for rent in 02116.
How have rent prices in 02116, Boston, MA changed this year?
Rent prices for rentals in 02116, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.23% year-over-year.
What is a reasonable rent price in 02116, Boston, MA?
A reasonable rent price in 02116, Boston, MA is around $3,360/month. You can search for these reasonably priced rental listings on RentHop.
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