Average Rent in Commonwealth, Boston, MA

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Current Versus Historical Commonwealth, Boston, MA Rents

Commonwealth rentals average $1,800 for a studio rental to $3,850 for a 4-bedroom rental. The median price of all currently available listings is $2,725, or roughly $4 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $98 (-5.11%) year-over-year from $1,923 to $1,825. 1-bedroom rentals prices have decreased by $98 (-4.15%) year-over-year from $2,348 to $2,250. 2-bedroom rentals prices have increased by $183 (6.88%) year-over-year from $2,667 to $2,850. 3-bedroom rentals prices have decreased by $383 (-10.27%) year-over-year from $3,733 to $3,350. 4-bedroom rentals prices have decreased by $633 (-13.10%) year-over-year from $4,833 to $4,200. 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 45.03% this month. 1-bedroom rents have gone up by 1.50% this month. 2-bedroom rents have gone up by 1.48% this month. 3-bedroom rents have gone down by 2.90% this month. 4-bedroom rents have gone up by 3.28% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.20	$1,825	$1,923 (-5.11%)	$1,623 (12.48%)
1 BR	$3.75	$2,250	$2,348 (-4.15%)	$1,880 (19.68%)
2 BR	$3.46	$2,850	$2,667 (6.88%)	$2,221 (28.33%)
3 BR	$0.05	$3,350	$3,733 (-10.27%)	$2,750 (21.82%)
4+ BR	$3.32	$4,200	$4,833 (-13.10%)	$4,033 (4.13%)

Historical Rents in Commonwealth, Boston, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Commonwealth

There are a total of 14 cities nearby Commonwealth. The average rent in Commonwealth is currently $2,995 per month. A total of 3 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 Commonwealth, Boston, MA is Newton, MA. Monthly rents here are on average $3,900 per month.

Let's compare Commonwealth, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Commonwealth, Boston, MA is 9.86% more expensive than other cities nearby. One bedrooms are about 4.44% more affordable. Two bedrooms in Commonwealth, Boston, MA are about 1.32% more affordable. Finally, rent for three bedrooms are about 1.14% more affordable. Want more information? Check out the top 10 cities out of 14 total cities near Commonwealth, Boston, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Malden, MA	N/A	$2,200	$2,850	$2,800
Arlington, MA	N/A	$2,100	$2,800	$2,950
Waltham, MA	$1,395	$2,400	$3,082	$2,990
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
Newton, MA	$1,795	$2,288	$3,000	$3,900

Top Neighborhoods Near Commonwealth

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

The average rent for these 11 neighborhoods in or near Commonwealth, Boston, MA is currently around $3,695 per month. Meaning, only eleven neighborhoods have a higher average rent than $3,695. Interestingly, the neighborhoods' average rent is higher than Commonwealth's average rent, which is only $2,725. Out of all the neighborhoods in or near Commonwealth, Columbia Point has the most affordable average rent at $2,900 per month. Whereas, at $4,350 average rent per month, D Street - West Broadway is the most expensive neighborhood in or near Commonwealth. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
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
Beacon Hill, Boston, MA	$2,200	$3,475	$3,700	$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 Commonwealth

There are a total of 11 counties located by Commonwealth, Boston, MA. Some of these counties include Malden, MA, Arlington, MA, and Waltham, MA. The average rent for rentals in these counties is $2,995. That's roughly around $3 per sqft. A total of 3 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 Commonwealth, Boston, MA.

Typically, rent for studios in Commonwealth, Boston, MA is 9.86% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Commonwealth, Boston, MA is 4.44% more affordable than other counties nearby. Finally, rent for two bedrooms in Commonwealth, Boston, MA is 1.32% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Malden, MA	N/A	$2,200	$2,850	$2,800
Arlington, MA	N/A	$2,100	$2,800	$2,950
Waltham, MA	$1,395	$2,400	$3,082	$2,990
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
Newton, MA	$1,795	$2,288	$3,000	$3,900

Top Zipcodes Near Commonwealth

There are a total of 4 zipcodes in or near Commonwealth, Boston, MA. The average rent for all of these zipcodes is $3,500.

The following chart includes the top 4 zipcodes in Commonwealth, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02472, Watertown Town, MA	N/A	$2,640	$2,925	$3,000
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

Frequently Asked Questions - Commonwealth Average Rents

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

The average monthly rental price for Commonwealth, Boston, MA apartments for rent is approximately $2,725. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Commonwealth, 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 Commonwealth, Boston, MA.

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

The average monthly rental price for studio apartments is $1,800 and an average price per square feet of $5.20. There are a total of 5 studio apartment listings currently available for rent in Commonwealth.

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

The average monthly rental price for one bedroom apartments is $2,250 and an average price per square feet of $3.75. There are a total of 19 one bedroom apartment listings currently available for rent in Commonwealth.

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

The average monthly rental price for two bedroom apartments is $2,850 and an average price per square feet of $3.46. There are a total of 29 two bedroom apartment listings currently available for rent in Commonwealth.

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

Rent prices for rentals in Commonwealth, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by -0.10% year-over-year.

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

A reasonable rent price in Commonwealth, Boston, MA is around $2,180/month. You can search for these reasonably priced rental listings on RentHop.