Average Rent in Beacon Hill, Boston, MA

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Current Versus Historical Beacon Hill, Boston, MA Rents

Beacon Hill rentals average $2,200 for a studio rental to $13,750 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $5 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $254 (-10.68%) year-over-year from $2,379 to $2,125. 1-bedroom rentals prices have increased by $658 (23.36%) year-over-year from $2,817 to $3,475. 2-bedroom rentals prices have decreased by $133 (-3.37%) year-over-year from $3,933 to $3,800. 3-bedroom rentals prices have increased by $6,735 (132.97%) year-over-year from $5,065 to $11,800. 4-bedroom rentals prices have decreased by $16,333 (-68.53%) year-over-year from $23,833 to $7,500. 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 22.13% this month. 1-bedroom rents have gone up by 18.30% this month. 2-bedroom rents have gone down by 4.40% this month. 3-bedroom rents have gone up by 50.32% this month. 4-bedroom rents have gone down by 21.74% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.15 $2,125 $2,379 (-10.68%) $1,965 (8.14%)
1 BR $5.66 $3,475 $2,817 (23.36%) $2,365 (46.93%)
2 BR $4.33 $3,800 $3,933 (-3.37%) $2,875 (32.17%)
3 BR $5.36 $11,800 $5,065 (132.97%) $3,958 (198.11%)
4+ BR $4.98 $7,500 $23,833 (-68.53%) $4,800 (56.25%)

Historical Rents in Beacon Hill, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Beacon Hill

There are a total of 14 cities nearby Beacon Hill. The average rent in Beacon Hill is currently $2,995 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 $1,980, is the most affordable city nearby. In contrast, the most expensive city near Beacon Hill, Boston, MA is Newton, MA. Monthly rents here are on average $3,900 per month.

Let's compare Beacon Hill, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Beacon Hill, Boston, MA is 26.25% more expensive than other cities nearby. One bedrooms are about 32.37% more expensive. Two bedrooms in Beacon Hill, Boston, MA are about 21.96% more expensive. Finally, rent for three bedrooms are about 71.72% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Beacon Hill, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Revere, MA $1,650 $2,300 $2,800 $2,500
Quincy, MA $1,700 $2,300 $2,600 $2,500
Malden, MA N/A $2,200 $2,850 $2,800
Arlington, MA N/A $2,100 $2,800 $2,950
Watertown Town, MA N/A $2,640 $2,925 $3,000
Medford, MA $1,650 $2,900 $2,725 $3,200
Somerville, MA $2,330 $2,470 $3,200 $3,250
Boston, MA $2,400 $3,000 $3,400 $3,400
Cambridge, MA $2,600 $3,100 $3,600 $3,500
Brookline, MA $300 $2,700 $3,500 $3,600

Top Neighborhoods Near Beacon Hill

There are a total of 11 neighborhoods in or near Beacon Hill. Some of these neighborhoods include Commonwealth, Columbia Point, and Coolidge Corner. We've included all of these top 11 neighborhoods in or near Beacon Hill, Boston, MA in the following chart.

The average rent for these 11 neighborhoods in or near Beacon Hill, Boston, MA is currently around $3,695 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,695. Interestingly, the neighborhoods' average rent is higher than Beacon Hill's average rent, which is only $3,500. Out of all the neighborhoods in or near Beacon Hill, Commonwealth has the most affordable average rent at $2,725 per month. Whereas, at $4,350 average rent per month, D Street - West Broadway is the most expensive neighborhood in or near Beacon Hill. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Commonwealth, Boston, MA $1,800 $2,250 $2,850 $2,725
Columbia Point, Boston, MA N/A $2,350 $2,800 $2,900
Coolidge Corner, Brookline, MA $2,335 $2,725 $3,300 $3,400
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,475 $2,895 $4,650 $3,500
West End, Boston, MA $2,783 $3,448 $4,770 $3,571
North End, Boston, MA N/A $2,800 $4,200 $3,695
East Cambridge, Cambridge, MA $3,180 $3,450 $3,909 $3,715
Back Bay, Boston, MA $2,475 $3,400 $4,600 $3,975
Downtown Boston, Boston, MA $2,900 $3,800 $5,350 $4,148
South End, Boston, MA $2,284 $3,450 $4,400 $4,160
D Street - West Broadway, Boston, MA $3,075 $3,725 $4,225 $4,350

Top Counties Near Beacon Hill

There are a total of 11 counties located by Beacon Hill, Boston, MA. Some of these counties include Revere, MA, Quincy, MA, and Malden, MA. The average rent for rentals in these counties is $2,995. 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 $1,980. Vice versa, with an average rent of $3,900, Newton, MA is the most expensive county by Beacon Hill, Boston, MA.

Typically, rent for studios in Beacon Hill, Boston, MA is 26.25% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Beacon Hill, Boston, MA is 32.37% more expensive than other counties nearby. Finally, rent for two bedrooms in Beacon Hill, Boston, MA is 21.96% 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 $1,650 $2,300 $2,800 $2,500
Quincy, MA $1,700 $2,300 $2,600 $2,500
Malden, MA N/A $2,200 $2,850 $2,800
Arlington, MA N/A $2,100 $2,800 $2,950
Watertown Town, MA N/A $2,640 $2,925 $3,000
Medford, MA $1,650 $2,900 $2,725 $3,200
Somerville, MA $2,330 $2,470 $3,200 $3,250
Boston, MA $2,400 $3,000 $3,400 $3,400
Cambridge, MA $2,600 $3,100 $3,600 $3,500
Brookline, MA $300 $2,700 $3,500 $3,600

Top Zipcodes Near Beacon Hill

There are a total of 4 zipcodes in or near Beacon Hill, Boston, MA. The average rent for all of these zipcodes is $3,500. 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 $2,800 per month. In comparison, the zipcode with the most expensive average rent of $4,250 per month is 02116, Boston, MA.

Studios in these zipcodes have an average rent of $1,784. 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 Beacon Hill, Boston, MA is $2,939 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,675 per month. Which comes out to $4 per sqft. The following chart includes the top 4 zipcodes in Beacon Hill, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02116, Boston, MA $2,800 $3,238 $4,998 $4,250
02118, Boston, MA $1,367 $3,450 $4,400 $4,000
02128, Boston, MA $2,200 $2,538 $2,950 $2,800
02472, Watertown Town, MA N/A $2,640 $2,925 $3,000

Frequently Asked Questions - Beacon Hill Average Rents

What is the average rent price in Beacon Hill, Boston, MA?
The average monthly rental price for Beacon Hill, Boston, MA apartments for rent is approximately $3,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Beacon Hill, 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 Beacon Hill, Boston, MA.
How much is a studio apartment in Beacon Hill, Boston, MA?
The average monthly rental price for studio apartments is $2,200 and an average price per square feet of $6.15. There are a total of 5 studio apartment listings currently available for rent in Beacon Hill.
How much is a one bedroom apartment in Beacon Hill, Boston, MA?
The average monthly rental price for one bedroom apartments is $3,475 and an average price per square feet of $5.66. There are a total of 23 one bedroom apartment listings currently available for rent in Beacon Hill.
How much is a two bedroom apartment in Beacon Hill, Boston, MA?
The average monthly rental price for two bedroom apartments is $3,700 and an average price per square feet of $4.33. There are a total of 21 two bedroom apartment listings currently available for rent in Beacon Hill.
How have rent prices in Beacon Hill, Boston, MA changed this year?
Rent prices for rentals in Beacon Hill, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.11%, one bedroom rental prices have changed by 0.23%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 1.33% year-over-year.
What is a reasonable rent price in Beacon Hill, Boston, MA?
A reasonable rent price in Beacon Hill, Boston, MA is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.
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