What Is the Common Hire in Boston, MA?

As of February 2023, the common condominium lease in Boston, MA is $2,682 for a studio, $3,215 for one bed room, $4,105 for 2 bedrooms, and $5,517 for 3 bedrooms. Condo lease in Boston has elevated by 1.0% prior to now 12 months. 

With a vibrant, historic background, Boston has one thing to supply everybody. Nestled alongside Massachusetts Bay, residents love the top-notch culinary scene and exquisite water views. You’ll discover loads of historic landmarks all through town,
from Plymouth Rock to Freedom Path. There’s a chunk of American historical past in all places you look. Boston’s must-visits embody Fenway Park, the New England Aquarium, and the Museum of Science. Boston presents an unprecedented ambiance stuffed
with wealthy historical past and a love for craft beer. There’s a neighborhood excellent for any renter!

Boston, MA skyline from the bay.

Beds Common Sq. Toes Common Hire
Studio 512 sq. ft. $2,682 /mo. 
One-Bedroom Apartment 706 sq. ft $3,215/mo. 
Two-Bedroom Apartment 997 sq. ft.  $4,105 /mo. 
Three-Bedroom Apartment 1,239 sq. ft.  $5,517/mo. 
Statistic Worth
Per Capita Revenue  $71,257 
Median Family Revenue  $96,559 
Complete Inhabitants  4,899,437 individuals 
Common Age  40 years previous 
Common Hire  $2,514 monthly 
Annual Hire Change -0.8%

Questioning for those who can afford to dwell in Boston? The rent affordability calculator might help you identify your price range.

Beacon Hill 

Brick apartments and sidewalks line a narrow street in Beacon Hill, Boston MA.

Residing on the coast of the Charles River, Beacon Hill is without doubt one of the oldest neighborhoods within the nation. Residents love the historic structure, vintage retailers, and tremendous consuming, together with a 50-acre historic park that gives Hatch Park Memorial, a
riverside park amphitheater with garden seating. Together with historic houses, just like the Nichols Home Museum, and the Museum of African American Historical past, Beacon Hill homes the unique Cheers, the enduring pub from the hit sitcom. Regardless that the lease can
be costly, renters vouch that the river views, metropolis parks, and Downtown Boston location are value it! 

Beds Common Sq. Toes Common Hire
Studio 362 sq. ft.  $1,759 /mo. 
One-Bedroom Apartment 583 sq. ft.  $2,521 /mo. 
Two-Bedroom Apartment 1,277 sq. ft.  $2,726 /mo. 
Three-Bedroom Apartment 907 sq. ft.  $2,879 /mo. 

In case you’re looking for a neighborhood that also has the enduring historic background Boston presents however with fewer vacationers, look no additional than the North Finish! As soon as dwelling to revolutionary icons reminiscent of Paul Revere, the neighborhood now attracts in
new residents. Locals step out of their residences for thin-crust pizza and domestically brewed Samuel Adams beer at Benevento’s Brick Oven Pizza and Kitchen. Residents who’re searching for a break from Italian meals rave about Billy Tse’s
for Chinese language. In case you’re searching for a extra reasonably priced and family-friendly neighborhood, try Jamacia Plain

Statue of Paul Revere in North End, Boston MA

Beds Common Sq. Toes Common Hire
Studio 490 sq. ft.  $1,746 /mo. 
One-Bedroom Apartment 650 sq. ft.  $2,873 /mo. 
Two-Bedroom Apartment 965 sq. ft.  $3,921 /mo. 
Three-Bedroom Apartment 1,426 sq. ft.  $5,675 /mo. 

Identified for being one among Boston’s greenest and most various neighborhoods, Jamacia Plain is surrounded by town’s “Emerald Necklace” of parks, drawing in households from throughout Boston. Right here, residents benefit from the eating and
leisure on Centre Avenue within the center and northern areas of the neighborhood. There are many actions for the entire household, such because the Franklin Park Zoo and Decrease Neponset River Path. The rail service connects Jamacia Plain to
the remainder of the Boston space, with a number of stops alongside the japanese facet of the neighborhood. 

Lake with swan boats in Jamaica Plain, Boston MA.

Beds Common Sq. Toes Common Hire
Studio 506 sq. ft.  $2,672 /mo. 
One-Bedroom Apartment 598 sq. ft. $2,344 /mo. 
Two-Bedroom Apartment 867 sq. ft. $3,229 /mo.  
Three-Bedroom Apartment 1,138 sq. ft.  $4,084 /mo. 

South End 

Jogging trail along the bay in South End, Boston MA.

Boston’s South finish has one thing to supply everybody, reminiscent of incredible retailers, eating places, and the Victorian magnificence of Columbus Avenue. Residents benefit from the walkable, nature-filled neighborhood with a number of parks, together with a few of the finest eating places
in Boston. In case you select to lease an condominium within the South Finish, you’ll take pleasure in strolling previous historic housing and buildings that embody all the pieces from fashionable boutiques to artwork galleries to cafes. You’ll additionally uncover South Finish’s recognition
amongst artists, giving the neighborhood a contemporary but historic really feel. 

Beds Common Sq. Toes Common Hire
Studio 532 sq. ft. $2,182 /mo. 
One-Bedroom Apartment 729 sq. ft. $2,760 /mo. 
Two-Bedroom Apartment 1,072 sq. ft.  $3,737 /mo. 
Three-Bedroom Apartment 1,370 sq. ft.  $5,097 /mo.


Fenway Park on a sunny afternoon in Boston, MA.

There isn’t a different neighborhood in Boston fairly like Fenway. With tons of scholars, schools, and the well-known Fenway Park, you’ll be able to all the time ensure there’s one thing to do. You may also discover an abundance of tree-filled parks since Fenway is part of
the “Emerald Necklace.” Renters on this neighborhood have quick access to universities like Berklee College of Music, Massachusetts Institute of Know-how, and Northeastern College. In fact, the star of Fenway is Fenway Park, the oldest
park within the MLB and residential of the Boston Crimson Sox. In case you’re searching for a quieter neighborhood, Jamacia Plain or the
South End are nice decisions. 

Beds Common Sq. Toes Common Hire
Studio 407 sq. ft. $2,373/mo.  
One-Bedroom Apartment 663 sq. ft. $3,138 /mo. 
Two-Bedroom Apartment 876 sq. ft. $3,927 /mo. 
Three-Bedroom Apartment 842 sq. ft. $5,150 /mo. 

Whether or not you’re a historical past lover, a sports activities fan, an educational, or a foodie, Boston is a one-of-a-kind location with a wealth of historical past and tradition. Discover your apartment in Boston now and also you’ll quickly be having fun with all this metropolis has to supply.

Condo lease knowledge is offered by CoStar Group’s February 2023 Boston Market Report.

Up to date on February 1, 2023 to mirror present lease costs.

Leave a Reply

Your email address will not be published. Required fields are marked *