Average Rent in 02118, Boston, MA

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Current Versus Historical 02118, Boston, MA Rents

02118 rentals average $2,675 for a studio rental to $6,500 for a 4-bedroom rental. The median price of all currently available listings is $3,800, or roughly $5 per square feet.

For the apartment units and housing in March 2025, median rents have risen over the last year. Studio rentals prices have decreased by $371 (-12.52%) year-over-year from $2,966 to $2,595. 1-bedroom rentals prices have increased by $258 (7.96%) year-over-year from $3,242 to $3,500. 2-bedroom rentals prices have increased by $253 (6.31%) year-over-year from $4,017 to $4,270. 3-bedroom rentals prices have decreased by $58 (-1.10%) year-over-year from $5,283 to $5,225. 4-bedroom rentals prices have decreased by $233 (-3.47%) year-over-year from $6,733 to $6,500. 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 12.30% this month. 1-bedroom rents have gone up by 3.09% this month. 2-bedroom rents have gone down by 1.80% this month. 3-bedroom rents have gone down by 5.29% this month. 4-bedroom rents have gone down by 2.01% this month.

Beds	Price / Sqft	Mar 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.95	$2,595	$2,966 (-12.52%)	$2,998 (-13.43%)
1 BR	$5.35	$3,500	$3,242 (7.96%)	$2,963 (18.14%)
2 BR	$4.67	$4,270	$4,017 (6.31%)	$3,450 (23.77%)
3 BR	$4.36	$5,225	$5,283 (-1.10%)	$4,442 (17.64%)
4+ BR	$4.50	$6,500	$6,733 (-3.47%)	$6,100 (6.56%)

Historical Rents in 02118, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 02118

There are a total of 15 cities nearby 02118. The average rent in 02118 is currently $3,000 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,098, is the most affordable city nearby. In contrast, the most expensive city near 02118, Boston, MA is Somerville, MA. Monthly rents here are on average $3,998 per month.

Let's compare 02118, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02118, Boston, MA is 30.84% more expensive than other cities nearby. One bedrooms are about 33.81% more expensive. Two bedrooms in 02118, Boston, MA are about 32.53% more expensive. Finally, rent for three bedrooms are about 37.04% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near 02118, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Everett, MA	N/A	$2,100	$2,500	$2,500
Chelsea, MA	$1,600	$2,100	$2,600	$2,625
Quincy, MA	$1,650	$2,200	$2,650	$2,635
Malden, MA	$2,193	$2,000	$2,800	$2,700
Watertown Town, MA	$2,625	$2,600	$3,000	$3,000
Medford, MA	N/A	$2,200	$2,750	$3,500
Boston, MA	$2,650	$3,150	$3,450	$3,550
Cambridge, MA	$2,800	$3,300	$4,060	$3,839
Brookline, MA	$2,200	$3,000	$3,788	$3,850
Somerville, MA	$2,388	$2,900	$3,695	$3,998

Top Neighborhoods Near 02118

There are a total of 17 neighborhoods in or near 02118. Some of these neighborhoods include Uphams Corner - Jones Hill, Fenway - Kenmore - Audubon Circle - Longwood, and Beacon Hill. We've included all of these top 17 neighborhoods in or near 02118, Boston, MA in the following chart.

The average rent for these 17 neighborhoods in or near 02118, Boston, MA is currently around $3,720 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $3,720. Out of all the neighborhoods in or near 02118, Uphams Corner - Jones Hill has the most affordable average rent at $3,400 per month. Whereas, at $5,400 average rent per month, Mission Hill is the most expensive neighborhood in or near 02118. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Uphams Corner - Jones Hill, Boston, MA	N/A	$2,000	$2,950	$3,400
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,600	$3,000	$3,650	$3,400
Beacon Hill, Boston, MA	$2,400	$2,975	$4,200	$3,475
North End, Boston, MA	$2,450	$3,100	$3,798	$3,500
Commonwealth, Boston, MA	$1,900	$2,500	$2,950	$3,500
St. Elizabeth's, Boston, MA	$1,105	$2,575	$3,825	$3,585
Columbia Point, Boston, MA	$2,050	$2,825	$2,800	$3,600
Washington Park, Boston, MA	N/A	$2,400	$3,013	$3,600
West End, Boston, MA	$3,010	$3,610	$4,550	$3,720
East Cambridge, Cambridge, MA	$3,235	$3,503	$4,242	$3,775
Back Bay, Boston, MA	$2,600	$3,500	$5,875	$3,800
Coolidge Corner, Brookline, MA	$2,200	$2,850	$3,805	$3,850
South End, Boston, MA	$2,700	$3,575	$4,150	$3,875
Chinatown - Leather District, Boston, MA	$1,703	$3,695	$5,500	$3,950
Downtown Boston, Boston, MA	$3,115	$3,695	$4,885	$3,950
D Street - West Broadway, Boston, MA	$2,505	$3,200	$4,700	$4,075
Mission Hill, Boston, MA	N/A	$2,700	$3,500	$5,400

Top Counties Near 02118

There are a total of 17 counties located by 02118, Boston, MA. Some of these counties include Everett, MA, Chelsea, MA, and Quincy, MA. The average rent for rentals in these counties is $3,000. That's roughly around $3 per sqft. A total of 12 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,098. Vice versa, with an average rent of $3,998, Somerville, MA is the most expensive county by 02118, Boston, MA.

Typically, rent for studios in 02118, Boston, MA is 30.84% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 02118, Boston, MA is 33.81% more expensive than other counties nearby. Finally, rent for two bedrooms in 02118, Boston, MA is 32.53% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Everett, MA	N/A	$2,100	$2,500	$2,500
Chelsea, MA	$1,600	$2,100	$2,600	$2,625
Quincy, MA	$1,650	$2,200	$2,650	$2,635
Malden, MA	$2,193	$2,000	$2,800	$2,700
Watertown Town, MA	$2,625	$2,600	$3,000	$3,000
Medford, MA	N/A	$2,200	$2,750	$3,500
Boston, MA	$2,650	$3,150	$3,450	$3,550
Cambridge, MA	$2,800	$3,300	$4,060	$3,839
Brookline, MA	$2,200	$3,000	$3,788	$3,850
Somerville, MA	$2,388	$2,900	$3,695	$3,998

Top Zipcodes Near 02118

There are a total of 3 zipcodes in or near 02118, Boston, MA. The average rent for all of these zipcodes is $3,000. A total of 2 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 $4,000 per month is 02116, Boston, MA.

Studios in these zipcodes have an average rent of $2,625. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02118, Boston, MA is $2,600 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,125 per month. Which comes out to $3 per sqft. The following chart includes the top 3 zipcodes in 02118, 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	$2,450	$2,500	$3,125	$3,000
02116, Boston, MA	$2,700	$3,675	$5,775	$4,000
02472, Watertown Town, MA	$2,625	$2,600	$3,000	$3,000

Frequently Asked Questions - 02118 Average Rents

What is the average rent price in 02118, Boston, MA?

The average monthly rental price for 02118, Boston, MA apartments for rent is approximately $3,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 02118, 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 02118, Boston, MA.

How much is a studio apartment in 02118, Boston, MA?

The average monthly rental price for studio apartments is $2,675 and an average price per square feet of $5.95. There are a total of 13 studio apartment listings currently available for rent in 02118.

How much is a one bedroom apartment in 02118, Boston, MA?

The average monthly rental price for one bedroom apartments is $3,513 and an average price per square feet of $5.35. There are a total of 38 one bedroom apartment listings currently available for rent in 02118.

How much is a two bedroom apartment in 02118, Boston, MA?

The average monthly rental price for two bedroom apartments is $4,150 and an average price per square feet of $4.67. There are a total of 33 two bedroom apartment listings currently available for rent in 02118.

How have rent prices in 02118, Boston, MA changed this year?

Rent prices for rentals in 02118, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.13%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by -0.01% year-over-year.

What is a reasonable rent price in 02118, Boston, MA?

A reasonable rent price in 02118, Boston, MA is around $3,040/month. You can search for these reasonably priced rental listings on RentHop.