Boston, MA Rental Market Trends

What is the average rent in Boston?

The average rent for an apartment in Boston is $3,926. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Boston, MA

Last updated November 2023
Average Rent Average Apartment Size
$3,926 811 sq. ft.

What is the average apartment size in Boston?

The average size for a Boston, MA apartment is 811 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Boston, MA apartment rent ranges

Boston, MA Occupied Housing Units

179,867 or 65% of the households in Boston, MA are renter-occupied while 96,186 or 35% are owner-occupied.

Boston, MA rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Boston, MA By Neighborhood

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What are the most affordable neighborhoods in Boston?

The most affordable neighborhoods in Boston are Hyde Park, where the average rent goes for $2,275/month, Mattapan, where renters pay $2,419/mo on average, and West Roxbury, where the average rent goes for $2,618/mo. If you’re looking for other great deals, check out the listings from Roxbury ($2,985), Roslindale ($3,147), and East Boston ($3,160), where the asking prices are below the average Boston rent of $3,926/mo.

What are the most expensive neighborhoods in Boston?

The most expensive neighborhoods in Boston are Downtown - Financial District ($4,129), Back Bay ($4,327) and Chinatown - Leather District ($4,425).

What are the most popular neighborhoods in Boston?

The most popular neighborhood in Boston is Back Bay, where there are 8 listings with an average rent of $4,327. Next up is Downtown - Financial District, where apartments go for $4,129/month, followed by Charlestown with $3,366 If you’re looking to rent in Boston’s most popular neighborhoods, make sure to also check out Dorchester, where renters pay $3,475 on average, and Allston - Brighton, where the average monthly rent is $3,329.

Boston | Rent Comparison by Neighborhood

City
vs.

Rent in Allston - Brighton is 23% lower than in Back Bay

$3,329

Allston - Brighton rent is 15% lower than Boston average

Average Rent $3,329
$4,327

Back Bay rent is 10% higher than Boston average

Average Rent $4,327

How Boston Compares to Other Cities

State Average Rent
Boston $3,926
Waltham $3,102
Cambridge $3,614
Haverhill $2,178
Springfield $1,352
Watertown $3,273
Chelsea $2,720
Lawrence $2,021
Malden $2,563
Revere $2,640

What is the average price for a storage unit in Boston?

The average rent for a non-climate-controlled 10'x10' storage unit in Boston is $261.05. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.

Most Popular Apartments in Boston

1100 Kermit Drive, Boston, MA 02124
27 Units available
1 BED $300+

Pimpri, PUNE, LA 11111
6 Units available
1 BED $3,000
2 BEDS $600
3 BEDS $1,500

14785 Preston Rd. #250, Boston, MA 02101
5 Units available
2 BEDS $1,000

934 Dorchester Ave, Boston, MA 91214
9 Units available
STUDIO $800
2 BEDS N/A
6 BEDS N/A

Street-121, Boston, TX 45125
15 Units available
1 BED $1,200
2 BEDS N/A

101 Long Street View Address Length, Boston, MA 90005
4 Units available
1 BED $22+
2 BEDS $800
3 BEDS $500+

24 Crandall St, Roslindale Test Address, Boston Test, MA 02131
58 Units available
STUDIO $800+
1 BED $1,000
2+ BEDS $1,200

168 Dorchester Ave, Dorchester, MA 02122
34 Units available
1 BED $800+
2 BEDS $1,200
3+ BEDS $500
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