Average Rent in Beacon Hill, Boston, MA

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Current Versus Historical Beacon Hill, Boston, MA Rents

Beacon Hill rentals average $2,100 for a studio rental to $7,500 for a 4-bedroom rental. The median price of all currently available listings is $3,713, or roughly $5 per square feet.

For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $325 (-13.40%) year-over-year from $2,425 to $2,100. 1-bedroom rentals prices have increased by $483 (17.16%) year-over-year from $2,817 to $3,300. 2-bedroom rentals prices have decreased by $87 (-2.24%) year-over-year from $3,874 to $3,788. 3-bedroom rentals prices have increased by $9,177 (194.28%) year-over-year from $4,723 to $13,900. 4-bedroom rentals prices have decreased by $2,875 (-18.82%) year-over-year from $15,275 to $12,400. 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 22.93% this month. 1-bedroom rents have gone up by 13.96% this month. 2-bedroom rents have gone down by 0.87% this month. 3-bedroom rents have gone up by 22.83% this month. 4-bedroom rents have gone up by 35.77% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.86	$2,100	$2,425 (-13.40%)	$2,207 (-4.83%)
1 BR	$5.50	$3,300	$2,817 (17.16%)	$2,365 (39.53%)
2 BR	$4.59	$3,788	$3,874 (-2.24%)	$2,858 (32.51%)
3 BR	$5.87	$13,900	$4,723 (194.28%)	$3,979 (249.32%)
4+ BR	$4.00	$12,400	$15,275 (-18.82%)	$4,700 (163.83%)

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 13 cities nearby Beacon Hill. The average rent in Beacon Hill is currently $2,998 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 $3,750 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 9.17% more expensive than other cities nearby. One bedrooms are about 33.33% more expensive. Two bedrooms in Beacon Hill, Boston, MA are about 25.63% more expensive. Finally, rent for three bedrooms are about 76.44% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Beacon Hill, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Revere, MA	$1,600	$2,300	$2,700	$2,500
Quincy, MA	$1,650	$2,218	$2,600	$2,550
Malden, MA	N/A	$2,100	$2,675	$2,713
Watertown Town, MA	$2,678	$2,525	$3,000	$2,998
Medford, MA	N/A	$2,100	$2,650	$3,000
Somerville, MA	$2,165	$2,850	$3,000	$3,300
Boston, MA	$2,548	$3,000	$3,350	$3,400
Cambridge, MA	$2,750	$3,025	$3,600	$3,500
Brookline, MA	$2,150	$2,700	$3,600	$3,500
Newton, MA	$1,908	$2,300	$2,938	$3,750

Top Neighborhoods Near Beacon Hill

There are a total of 12 neighborhoods in or near Beacon Hill. Some of these neighborhoods include Commonwealth, Neighborhood Nine, and Columbia Point. We've included all of these top 12 neighborhoods in or near Beacon Hill, Boston, MA in the following chart.

The average rent for these 12 neighborhoods in or near Beacon Hill, Boston, MA is currently around $3,625 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $3,625. Out of all the neighborhoods in or near Beacon Hill, Commonwealth has the most affordable average rent at $3,000 per month. Whereas, at $6,000 average rent per month, Mission Hill 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	$300	$2,488	$3,083	$3,000
Neighborhood Nine, Cambridge, MA	$2,800	$2,800	$3,575	$3,100
Columbia Point, Boston, MA	N/A	N/A	$2,800	$3,200
Coolidge Corner, Brookline, MA	$2,500	$2,700	$3,500	$3,200
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,700	$2,800	$4,500	$3,500
West End, Boston, MA	$2,723	$3,453	$4,500	$3,600
East Cambridge, Cambridge, MA	$3,168	$3,500	$3,921	$3,650
Back Bay, Boston, MA	$3,000	$3,400	$4,750	$3,800
Downtown Boston, Boston, MA	$3,000	$3,733	$5,485	$3,893
D Street - West Broadway, Boston, MA	$3,005	$3,600	$4,400	$4,175
South End, Boston, MA	$2,635	$3,395	$4,400	$4,303
Mission Hill, Boston, MA	N/A	$3,200	$2,900	$6,000

Top Counties Near Beacon Hill

There are a total of 12 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 $2,998. 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 $3,750, Newton, MA is the most expensive county by Beacon Hill, Boston, MA.

Typically, rent for studios in Beacon Hill, Boston, MA is 9.17% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Beacon Hill, Boston, MA is 33.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Beacon Hill, Boston, MA is 25.63% 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	$1,600	$2,300	$2,700	$2,500
Quincy, MA	$1,650	$2,218	$2,600	$2,550
Malden, MA	N/A	$2,100	$2,675	$2,713
Watertown Town, MA	$2,678	$2,525	$3,000	$2,998
Medford, MA	N/A	$2,100	$2,650	$3,000
Somerville, MA	$2,165	$2,850	$3,000	$3,300
Boston, MA	$2,548	$3,000	$3,350	$3,400
Cambridge, MA	$2,750	$3,025	$3,600	$3,500
Brookline, MA	$2,150	$2,700	$3,600	$3,500
Newton, MA	$1,908	$2,300	$2,938	$3,750

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 $3,599. 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 $4,305 per month is 02118, Boston, MA.

Studios in these zipcodes have an average rent of $2,643. 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 $2,869 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,700 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	$3,000	$3,213	$5,350	$4,200
02118, Boston, MA	$2,608	$3,340	$4,400	$4,305
02128, Boston, MA	$2,100	$2,400	$2,900	$2,800
02472, Watertown Town, MA	$2,678	$2,525	$3,000	$2,998

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 $3,713. 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 $2,100 and an average price per square feet of $4.86. There are a total of 4 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 $3,450 and an average price per square feet of $5.50. There are a total of 17 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 $3,950 and an average price per square feet of $4.59. There are a total of 16 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 -0.13%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 1.94% 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 $2,970/month. You can search for these reasonably priced rental listings on RentHop.