GITNUX MARKETDATA REPORT 2024

Statistics About The Average Boston Rent

The average rent in Boston is around $2,200 per month.

Last Updated: June 23, 2024

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In this post, we will explore the diverse landscape of average rent prices in Boston, shedding light on various neighborhoods and types of accommodations. From luxury apartments commanding five-digit figures to student housing near colleges, the statistics paint a vivid picture of the rental market in one of the most expensive cities in the U.S. Stay tuned to discover the latest trends and insights on average Boston rent prices.

Statistic 1

"Median rent in Roxbury, a neighborhood in Boston, is $2,600 per month."

Statistic 2

"Rent for a luxury apartment in Boston can exceed $10,000 per month."

Statistic 3

"Average rent for student housing near Boston colleges is $2,000 per month."

Statistic 4

"The median one-bedroom rent in Boston is $2,700 per month."

Statistic 5

"The average studio apartment in Boston costs around $2,300 per month."

Statistic 6

"The average rent in Charlestown is about $3,300 per month."

Statistic 7

"Average rent in East Boston is approximately $2,850 per month."

Statistic 8

"Boston's average rent increased by 5.1% over the past year."

Statistic 9

"The average rent for a three-bedroom apartment in Boston is $4,200 per month."

Statistic 10

"The average rent for an apartment in Boston is $3,300 per month."

Statistic 11

"In Allston, Boston, the average rent is about $2,900 per month."

Statistic 12

"The Boston rental vacancy rate is around 4.5%."

Statistic 13

"In 2022, the average rent in South Boston is $3,700 per month."

Statistic 14

"The average rent in Boston is 98% higher than the national average."

Statistic 15

"Boston is ranked as the third most expensive rental market in the U.S."

Statistic 16

"Average rent in the Back Bay neighborhood is $4,000 per month."

Statistic 17

"Rent for a one-bedroom apartment increased by 15% from 2021 to 2022."

Statistic 18

"The average rent for a two-bedroom apartment in Boston is $3,500 per month."

Statistic 19

"Boston's average rent rates have outpaced inflation over the last decade."

Statistic 20

"Studio apartment rents in downtown Boston average $2,800 per month."

The statistics on average rent prices in various neighborhoods of Boston reveal a significant range in housing costs, from luxury apartments exceeding $10,000 per month to more affordable options such as student housing near colleges at $2,000 per month. The data also highlights the steady increase in Boston’s average rent over the past year, with notable spikes in specific areas like Back Bay and South Boston. With Boston ranking as the third most expensive rental market in the U.S. and average rent rates consistently outpacing inflation, residents and potential renters need to carefully consider their budget and priorities when navigating the city’s competitive housing market.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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