Average Rent in Commonwealth, Boston, MA

Home  »  MA  »  Boston  »  Commonwealth

Current Versus Historical Commonwealth, Boston, MA Rents

Commonwealth rentals average $300 for a studio rental to $4,195 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $4 per square feet.
For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $736 (-38.26%) year-over-year from $1,923 to $1,188. 1-bedroom rentals prices have increased by $64 (2.70%) year-over-year from $2,373 to $2,438. 2-bedroom rentals prices have increased by $150 (5.56%) year-over-year from $2,700 to $2,850. 3-bedroom rentals prices have increased by $150 (4.29%) year-over-year from $3,500 to $3,650. 4-bedroom rentals prices have decreased by $367 (-7.69%) year-over-year from $4,767 to $4,400. 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 down by 25.20% this month. 1-bedroom rents have gone up by 6.95% this month. 2-bedroom rents have gone up by 1.48% this month. 3-bedroom rents have gone up by 13.77% this month. 4-bedroom rents have gone up by 11.86% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.84 $1,188 $1,923 (-38.26%) $1,639 (-27.55%)
1 BR $3.68 $2,438 $2,373 (2.70%) $1,893 (28.74%)
2 BR $3.56 $2,850 $2,700 (5.56%) $2,319 (22.89%)
3 BR $2.95 $3,650 $3,500 (4.29%) $2,817 (29.59%)
4+ BR $3.59 $4,400 $4,767 (-7.69%) $4,000 (10.00%)

Historical Rents in Commonwealth, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Commonwealth

There are a total of 13 cities nearby Commonwealth. The average rent in Commonwealth is currently $2,998 per month. A total of 8 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 $3,750 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 535.83% more affordable than other cities nearby. One bedrooms are about 7.54% more expensive. Two bedrooms in Commonwealth, Boston, MA are about 4.70% more expensive. Finally, rent for three bedrooms are about 11.49% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Commonwealth, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Quincy, MA $1,650 $2,218 $2,600 $2,550
Malden, MA N/A $2,100 $2,675 $2,713
Waltham, MA $2,000 $2,625 $2,998 $2,985
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
Brookline, MA $2,150 $2,700 $3,600 $3,500
Cambridge, MA $2,750 $3,025 $3,600 $3,500
Newton, MA $1,908 $2,300 $2,938 $3,750

Top Neighborhoods Near Commonwealth

There are a total of 11 neighborhoods in or near Commonwealth. Some of these neighborhoods include Neighborhood Nine, Coolidge Corner, and Columbia Point. 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 $3,650 per month. Meaning, only eleven neighborhoods have a higher average rent than $3,650. Interestingly, the neighborhoods' average rent is higher than Commonwealth's average rent, which is only $3,000. Out of all the neighborhoods in or near Commonwealth, Neighborhood Nine has the most affordable average rent at $3,100 per month. Whereas, at $6,000 average rent per month, Mission Hill is the most expensive neighborhood in or near Commonwealth. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Neighborhood Nine, Cambridge, MA $2,800 $2,800 $3,575 $3,100
Coolidge Corner, Brookline, MA $2,500 $2,700 $3,500 $3,200
Columbia Point, Boston, MA N/A N/A $2,800 $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 Commonwealth

There are a total of 11 counties located by Commonwealth, Boston, MA. Some of these counties include Quincy, MA, Malden, MA, and Waltham, MA. The average rent for rentals in these counties is $2,998. That's roughly around $3 per sqft. A total of 8 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 Commonwealth, Boston, MA.

Typically, rent for studios in Commonwealth, Boston, MA is 535.83% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Commonwealth, Boston, MA is 7.54% more expensive than other counties nearby. Finally, rent for two bedrooms in Commonwealth, Boston, MA is 4.70% 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 $1,650 $2,218 $2,600 $2,550
Malden, MA N/A $2,100 $2,675 $2,713
Waltham, MA $2,000 $2,625 $2,998 $2,985
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
Brookline, MA $2,150 $2,700 $3,600 $3,500
Cambridge, MA $2,750 $3,025 $3,600 $3,500
Newton, MA $1,908 $2,300 $2,938 $3,750

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 $3,599. 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 Commonwealth, 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 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 $2,678 $2,525 $3,000 $2,998
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

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 $3,000. 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 $300 and an average price per square feet of $0.84. There are a total of 3 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 $2,488 and an average price per square feet of $3.68. There are a total of 12 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 $3,083 and an average price per square feet of $3.56. There are a total of 28 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 -0.38%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in Commonwealth, Boston, MA?
A reasonable rent price in Commonwealth, Boston, MA is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast