{"id":144,"date":"2017-05-24T10:00:55","date_gmt":"2017-05-24T10:00:55","guid":{"rendered":"https:\/\/www.renthop.com\/content-manager\/?post_type=studies&#038;p=5965"},"modified":"2017-05-24T10:01:38","modified_gmt":"2017-05-24T14:01:38","slug":"boston-median-rent-by-t-stop","status":"publish","type":"post","link":"https:\/\/www.renthop.com\/research\/boston-median-rent-by-t-stop\/","title":{"rendered":"Boston Median Rent by T Stop 2017"},"content":{"rendered":"<p><i>Map Updated August 24th, 2017<\/i><\/p>\n<h2>Rising Rents Don&#8217;t Stop Here<\/h2>\n<p>Boston\u2019s T is one of the largest rapid transit systems in the nation, behind New York City and Chicago and similar in size to Washington D.C. This means hundreds of thousands of people rely on the MBTA to get them to and from work, shopping, doctor\u2019s appointments, and whatever else they may need. It&#8217;s no wonder proximity to the T is one of the first things people consider when searching for an apartment in Boston. As important as it is, RentHop&#8217;s data scientists want to give renters a hand.<\/p>\n<h3><strong>Here&#8217;s a few things we learned making this handy Boston MBTA rent map<\/strong><\/h3>\n<ul>\n<li>One bedroom <strong>median asking rent is up 3.6%<\/strong> across greater Boston year over year<\/li>\n<li>Rents <strong>increased at 101 stops<\/strong> across all train lines and went\u00a0<strong>down at just 23 stops<\/strong><\/li>\n<li>Prices remained the same from quarter 1 2016 to 2017 at just 3 stops<\/li>\n<li>Some new developments contributed to lower prices <strong>(-6.5%)<\/strong>, like the Avalon at <a href=\"https:\/\/www.renthop.com\/building\/boston\/1-nashua-street\">1 Nashua Street<\/a>\u00a0near North Station on the Orange Line<\/li>\n<li>Rent for apartments in the Seaport district rise as new\u00a0developments like the Watermark at <a href=\"https:\/\/www.renthop.com\/building\/boston-ma\/85-seaport-boulevard\">85 Seaport Blvd<\/a> open up<\/li>\n<\/ul>\n<p>Maybe you already knew you wanted to be close to the T, but do you have an idea of what that might cost? <strong>Check out the map below<\/strong> to see how rents are faring at your stop and it just might\u00a0help you locate the perfect Boston apartment.<\/p>\n<h2>Our\u00a0Interactive T Map Displays All Stops With Respective Rents and YoY Fluctuations<\/h2>\n<p><button onclick=\"embedPopup()\">Get the code to embed this map!<\/button><\/p>\n<div style=\"position: relative; overflow: hidden; max-width: 850px; width: 100%; margin-left: auto; margin-right: auto;\">\n<div style=\"padding-bottom: 67%; height: 0px; position: relative; width: 100%;\">\n<div style=\"position: absolute; height: 100%; width: 100%;\" align=\"center\"><iframe loading=\"lazy\" src=\"https:\/\/www.renthop.com\/study\/assets\/boston-mbta-rent-map\/boston-mbta-medians-map.html\" width=\"100%\" height=\"100%\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><br \/>\n<\/iframe><\/div>\n<\/div>\n<\/div>\n<p><script>\nfunction embedPopup() {\n    alert('<iframe loading=\"lazy\" src=\"https:\/\/www.renthop.com\/study\/assets\/boston-mbta-rent-map\/boston-mbta-medians-map.html\" width=\"100%\" height=\"555px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe>');\n}\n<\/script><\/p>\n<p>To calculate the median rent for the map above, we used RentHop rental data for one bedroom apartments from the first quarter of 2016 &amp; 2017 as well as MBTA GIS\u00a0data for T stops from <a href=\"http:\/\/www.mass.gov\/anf\/research-and-tech\/it-serv-and-support\/application-serv\/office-of-geographic-information-massgis\/datalayers\/mbta.html\">Mass.gov<\/a>. To get accurate prices near the subway stops, we looked first at\u00a0<b>non-duplicated listings within one eighth of a mile (660 feet) of an MBTA stop<\/b>\u00a0and if there were\u00a0<b>at least 30 unique data points<\/b>\u00a0we calculated the median. If not, the radius from the stop was increased\u00a0and the data was resampled to ensure enough\u00a0unique\u00a0listings were used when calculating the median. Nearly all\u00a0medians were calculated using\u00a0a radius of 1\/8 or 1\/4 of mile from the respective T stop.<\/p>\n<h2>Ride the Train to Savings<\/h2>\n<p><strong>Would you travel an extra stop to save a couple hundred dollars?<\/strong>\u00a0<i>How about for nearly $1,000?<\/i>\u00a0 We dug deep into the data for the best single stop rent savings and found some useful results.<\/p>\n<p>The list below represents the largest price disparities between a single stop. This could be because they are on the edge of a neighborhood, rents dropped at one stop, prices soared at the other, or all of the above. It\u2019s also possible that the typical one bedroom apartment near one stop is very different from an apartment just one stop away.<\/p>\n<h3><strong>Turn your commute into extra cash at these stops<\/strong><\/h3>\n<ul>\n<li><strong>Save $977.50<\/strong>\u00a0between Back Bay ($3,377.50) and\u00a0<strong>Massachusetts Ave\u00a0($2,400)<\/strong> \u2013 Orange Line<\/li>\n<li><strong>Save $970<\/strong>\u00a0by heading past Broadway ($2,925) to\u00a0<strong>Andrew\u00a0($1,955)<\/strong> \u2013 Red Line<\/li>\n<li><strong>Save $860<\/strong>\u00a0between Longwood ($2,860) and\u00a0<strong>Brookline Village\u00a0($2,000)<\/strong> \u2013 Green Line &#8216;D&#8217; Branch<\/li>\n<li><strong>Save $860<\/strong>\u00a0by moving from the Community College stop ($3,010) to\u00a0<strong>Sullivan Sq ($2,150)<\/strong>\u00a0\u2013 Orange Line<\/li>\n<li><strong>Save $750<\/strong>\u00a0between Prudential ($3,100) and\u00a0<strong>Symphony\u00a0($2,350)<\/strong> \u2013 Green Line &#8216;E&#8217; Branch<\/li>\n<li><strong>Save $600<\/strong>\u00a0between Union Park St ($2,850) and\u00a0<strong>Massachusetts Ave\u00a0($2,250)<\/strong> \u2013 Silver Line<\/li>\n<\/ul>\n<h2><strong>Where Does the Train of Rising Rents Stop?<\/strong><\/h2>\n<p>You&#8217;ll be hard-pressed to find a spot with rent lower than last year; that&#8217;s because rent is up 3.6% YoY, with localized rents up as much as 10% near some stops. The largest gains were seen in areas like <a href=\"https:\/\/www.renthop.com\/boston-ma\/back-bay-apartments\">Back Bay<\/a> and <a href=\"https:\/\/www.renthop.com\/boston-ma\/south-end-apartments\">South End<\/a>. East Boston and South Boston also posted big jumps, while rent dips were seen in <a href=\"https:\/\/www.renthop.com\/boston-ma\/somerville-apartments\">Somerville<\/a> and a few spots along the Green Line&#8217;s &#8216;B&#8217; and &#8216;D&#8217; branches like <a href=\"https:\/\/www.renthop.com\/boston-ma\/brookline-village-apartments\">Brookline Village<\/a>.<\/p>\n<h3><strong>These subway stops saw the biggest YoY rent drops on one bedroom apartments<\/strong><\/h3>\n<ul>\n<li><strong>Green Line \u2013 <\/strong>Blandford St\u00a0<strong>\u2013 (-8.5%)<\/strong> $2,525<\/li>\n<li><strong>Orange Line\u00a0\u2013 <\/strong>Assembly\u00a0<strong>\u2013 (-8.3%)<\/strong> $2,210<\/li>\n<li><strong>Green Line\u00a0\u2013 <\/strong>Saint Paul St <strong>\u2013 (-7.5%)<\/strong> $1,850<\/li>\n<li><strong>Red Line\u00a0\u2013 <\/strong>Porter\u00a0<strong>\u2013 (-7%)<\/strong> $2,000<\/li>\n<li><strong>(TIE) Orange Line \u2013 <\/strong>Sullivan Square\u00a0<strong>\u2013 (-6.5%)<\/strong> $2,150<\/li>\n<li><strong>(TIE) Green\/Orange Line \u2013\u00a0<\/strong>North Station\u00a0<strong>\u2013\u00a0(-6.5%)<\/strong> $3,030<\/li>\n<\/ul>\n<h3><strong>Here&#8217;s five of the many stops where rent went up<\/strong><\/h3>\n<ul>\n<li><strong>Blue Line \u2013 <\/strong>Maverick\u00a0<strong>\u2013 (+10.5%)<\/strong> $2,105<\/li>\n<li><strong>Green\/Orange Line\u00a0\u2013 <\/strong>Haymarket\u00a0<strong>\u2013 (+10.1%)<\/strong> $2,588<\/li>\n<li><strong>Red Line \u2013 <\/strong>Butler\u00a0<strong>\u2013\u00a0(+9.4%)<\/strong> $1,915<\/li>\n<li><strong>Orange Line \u2013 <\/strong>Back Bay\u00a0<strong>\u2013\u00a0(+9.1%)<\/strong> $3,377.50<\/li>\n<li><strong>Green Line \u2013 <\/strong>Brookline Hills\u00a0<strong>\u2013 (+9.0%)<\/strong> $2,125<\/li>\n<\/ul>\n<h2>Outlier stops<\/h2>\n<p>For the majority of stops along each MBTA line, rents drop as you get further from the city center. While this is the trend, it is not the rule. There are a few standout stops where rent prices are considerably higher or lower than the stops before and after them.<\/p>\n<ul>\n<li><strong>Haymarket on the Green &amp; Orange lines<\/strong> is nearly $500 cheaper than surrounding stops, making it one of the best deals around. Prices are up 10.1% from last year, so the secret might be out<\/li>\n<li>The <strong>JFK\/University of Massachusetts stop on the Red Line<\/strong> has $500 higher rent than the stops before and after it, bucking the trend of lower rents in South Boston<\/li>\n<li>Near\u00a0<strong>Longwood on the Green Line &#8216;D&#8217;,<\/strong> rent is $500 higher than neighboring Fenway Park and $800 more than Brookline Village<\/li>\n<li>Alewife, at the end of the Red Line in <a href=\"https:\/\/www.renthop.com\/boston-ma\/north-cambridge-apartments\">North Cambridge<\/a>\u00a0rent jumps $400 higher<\/li>\n<\/ul>\n<h2>There&#8217;s a Still Map for Easy Sharing<\/h2>\n<figure id=\"attachment_6008\" aria-describedby=\"caption-attachment-6008\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.renthop.com\/content-manager\/wp-content\/uploads\/2017\/05\/boston-mbta-map-2017.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6008\" title=\"Boston 2017 MBTA Rent Map\" src=\"https:\/\/www.renthop.com\/content-manager\/wp-content\/uploads\/2017\/05\/boston-mbta-map-2017-1024x1024.jpg\" alt=\"\" width=\"800\" height=\"800\" \/><\/a><figcaption id=\"caption-attachment-6008\" class=\"wp-caption-text\">Click For High Resolution<\/figcaption><\/figure>\n<h2>What Does This Mean for You?<\/h2>\n<p>Finding an apartment in Boston certainly isn&#8217;t easy. Deciding\u00a0where to live and starting your search can be the most difficult step. By giving you as much information about the market as possible, RentHop wants to point you in the right direction. This map is just one of the data-backed insights we offer. All of our <a href=\"https:\/\/www.renthop.com\/boston-ma\/apartments-for-rent\">Boston apartment for rent<\/a> are ranked using available data to ensure that renters always see the best quality apartments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Map Updated August 24th, 2017 Rising Rents Don&#8217;t Stop Here Boston\u2019s T is one of the largest rapid transit systems in the nation, behind New York City and Chicago and similar in size to Washington D.C. This means hundreds of thousands of people rely on the MBTA to get them to and from work, shopping, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":145,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"yes","_lmt_disable":"","footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-144","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-insights"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.4 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Boston Median Rent by T Stop 2017 - Real Estate Data &amp; Research<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.renthop.com\/research\/boston-median-rent-by-t-stop\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boston Median Rent by T Stop 2017\" \/>\n<meta property=\"og:description\" content=\"Map Updated August 24th, 2017 Rising Rents Don&#8217;t Stop Here Boston\u2019s T is one of the largest rapid transit systems in the nation, behind New York City and Chicago and similar in size to Washington D.C. This means hundreds of thousands of people rely on the MBTA to get them to and from work, shopping, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.renthop.com\/research\/boston-median-rent-by-t-stop\/\" \/>\n<meta property=\"og:site_name\" content=\"Real Estate Data &amp; Research\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/renthopapartments\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-24T10:00:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-05-24T14:01:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.renthop.com\/research\/wp-content\/uploads\/sites\/2\/2017\/05\/boston-mbta-map-2017-1024x1024.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"lawrence\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@renthop\" \/>\n<meta name=\"twitter:site\" content=\"@renthop\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"lawrence\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.renthop.com\/research\/boston-median-rent-by-t-stop\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.renthop.com\/research\/boston-median-rent-by-t-stop\/\"},\"author\":{\"name\":\"lawrence\",\"@id\":\"https:\/\/www.renthop.com\/research\/#\/schema\/person\/bfb1e305460412627d529695d248df79\"},\"headline\":\"Boston Median Rent by T Stop 2017\",\"datePublished\":\"2017-05-24T10:00:55+00:00\",\"dateModified\":\"2017-05-24T14:01:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.renthop.com\/research\/boston-median-rent-by-t-stop\/\"},\"wordCount\":951,\"publisher\":{\"@id\":\"https:\/\/www.renthop.com\/research\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.renthop.com\/research\/boston-median-rent-by-t-stop\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.renthop.com\/research\/wp-content\/uploads\/sites\/2\/2017\/05\/boston-mbta-map-2017.jpg\",\"articleSection\":[\"Market Insights\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.renthop.com\/research\/boston-median-rent-by-t-stop\/\",\"url\":\"https:\/\/www.renthop.com\/research\/boston-median-rent-by-t-stop\/\",\"name\":\"Boston Median Rent by T Stop 2017 - Real Estate Data &amp; 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