Average Rent in Boston, MA

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Current Versus Historical Boston, MA Rents

Boston rentals average $2,295 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $3,385, or roughly $4 per square feet.
For the apartment units and housing in November 2024, median rents have risen over the last year. Studio rentals prices have increased by $108 (4.95%) year-over-year from $2,187 to $2,295. 1-bedroom rentals prices have increased by $158 (5.78%) year-over-year from $2,742 to $2,900. 2-bedroom rentals prices have increased by $367 (12.09%) year-over-year from $3,033 to $3,400. 3-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,500 to $3,500. 4-bedroom rentals prices have decreased by $1,104 (-21.63%) year-over-year from $5,104 to $4,000. 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 4.49% this month. 1-bedroom rents have gone up by 3.26% this month. 2-bedroom rents have gone up by 5.15% this month. 3-bedroom rents have gone down by 0.94% this month. 4-bedroom rents have gone down by 7.69% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.34 $2,295 $2,187 (4.95%) $2,099 (9.33%)
1 BR $4.44 $2,900 $2,742 (5.78%) $2,417 (20.00%)
2 BR $3.50 $3,400 $3,033 (12.09%) $2,721 (24.95%)
3 BR $2.83 $3,500 $3,500 (0.00%) $2,883 (21.39%)
4+ BR $2.64 $4,000 $5,104 (-21.63%) $3,950 (1.27%)

Historical Rents in Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Boston

There are a total of 13 cities nearby Boston. The average rent in Boston is currently $2,850 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near Boston, MA is Newton, MA. Monthly rents here are on average $3,800 per month.

Let's compare Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Boston, MA is 28.10% more expensive than other cities nearby. One bedrooms are about 23.33% more expensive. Two bedrooms in Boston, MA are about 17.99% more expensive. Finally, rent for three bedrooms are about 4.29% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Quincy, MA $1,725 $2,300 $2,500 $2,500
Revere, MA $1,650 $2,300 $2,550 $2,550
Malden, MA N/A $2,148 $2,948 $2,678
Arlington, MA N/A $2,075 $2,725 $2,850
Watertown Town, MA N/A $2,425 $2,963 $3,000
Somerville, MA $2,330 $2,485 $3,000 $3,163
Medford, MA $1,750 $2,375 $2,800 $3,200
Cambridge, MA $2,750 $3,100 $3,600 $3,500
Brookline, MA $2,100 $2,500 $3,500 $3,600
Newton, MA $2,000 $2,325 $3,000 $3,800

Top Neighborhoods Near Boston

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

The average rent for these 12 neighborhoods in or near Boston, MA is currently around $3,568 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $3,568. Interestingly, the neighborhoods' average rent is higher than Boston's average rent, which is only $3,385. Out of all the neighborhoods in or near Boston, Commonwealth has the most affordable average rent at $2,673 per month. Whereas, at $4,200 average rent per month, Downtown Boston is the most expensive neighborhood in or near Boston. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Commonwealth, Boston, MA $1,725 $2,200 $2,900 $2,673
Columbia Point, Boston, MA N/A $2,350 $2,800 $2,800
Coolidge Corner, Brookline, MA $2,375 $2,550 $3,300 $3,300
North End, Boston, MA N/A $2,700 $3,850 $3,400
Beacon Hill, Boston, MA $2,225 $2,950 $3,800 $3,495
West End, Boston, MA $2,760 $3,475 $4,973 $3,565
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,400 $2,850 $4,650 $3,570
East Cambridge, Cambridge, MA $3,123 $3,445 $3,977 $3,600
D Street - West Broadway, Boston, MA $2,880 $3,520 $4,100 $3,998
South End, Boston, MA $2,200 $3,398 $4,471 $4,060
Back Bay, Boston, MA $2,500 $3,325 $4,950 $4,200
Downtown Boston, Boston, MA $2,850 $3,780 $5,860 $4,200

Top Counties Near Boston

There are a total of 12 counties located by Boston, MA. Some of these counties include Quincy, MA, Revere, MA, and Malden, MA. The average rent for rentals in these counties is $2,925. That's roughly around $3 per sqft. A total of 11 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,000. Vice versa, with an average rent of $3,800, Newton, MA is the most expensive county by Boston, MA.

Typically, rent for studios in Boston, MA is 26.47% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Boston, MA is 22.92% more expensive than other counties nearby. Finally, rent for two bedrooms in Boston, MA is 16.58% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Quincy, MA $1,725 $2,300 $2,500 $2,500
Revere, MA $1,650 $2,300 $2,550 $2,550
Malden, MA N/A $2,148 $2,948 $2,678
Arlington, MA N/A $2,075 $2,725 $2,850
Watertown Town, MA N/A $2,425 $2,963 $3,000
Somerville, MA $2,330 $2,485 $3,000 $3,163
Medford, MA $1,750 $2,375 $2,800 $3,200
Boston, MA $2,295 $3,000 $3,475 $3,385
Cambridge, MA $2,750 $3,100 $3,600 $3,500
Brookline, MA $2,100 $2,500 $3,500 $3,600

Top Zipcodes Near Boston

There are a total of 4 zipcodes in or near Boston, MA. The average rent for all of these zipcodes is $3,381. 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 $2,850 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 02116, Boston, MA.

Studios in these zipcodes have an average rent of $1,763. 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 Boston, MA is $2,919 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,721 per month. Which comes out to $4 per sqft. The following chart includes the top 4 zipcodes in 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 $2,200 $2,588 $2,900 $2,850
02116, Boston, MA $2,850 $3,250 $4,950 $4,500
02118, Boston, MA $1,325 $3,395 $4,480 $3,763
02472, Watertown Town, MA N/A $2,425 $2,963 $3,000

Frequently Asked Questions - Boston Average Rents

What is the average rent price in Boston, MA?
The average monthly rental price for Boston, MA apartments for rent is approximately $3,385. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Boston, MA.
How much is a studio apartment in Boston, MA?
The average monthly rental price for studio apartments is $2,295 and an average price per square feet of $5.34. There are a total of 105 studio apartment listings currently available for rent in Boston.
How much is a one bedroom apartment in Boston, MA?
The average monthly rental price for one bedroom apartments is $3,000 and an average price per square feet of $4.44. There are a total of 396 one bedroom apartment listings currently available for rent in Boston.
How much is a two bedroom apartment in Boston, MA?
The average monthly rental price for two bedroom apartments is $3,475 and an average price per square feet of $3.50. There are a total of 656 two bedroom apartment listings currently available for rent in Boston.
How have rent prices in Boston, MA changed this year?
Rent prices for rentals in Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Boston, MA?
A reasonable rent price in Boston, MA is around $2,708/month. You can search for these reasonably priced rental listings on RentHop.
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