Apartments for Rent in Commonwealth, Boston, MA

Commonwealth, Boston apartment availability

Commonwealth's rental market offers a very strong selection of listings, with approximately 1,906 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments offer desirable amenities, including dishwashers, hardwood floors, and on-site laundry facilities. In fact, nearly half of the apartments in Commonwealth feature hardwood floors and on-site laundry, making it an attractive option for renters seeking convenience and comfort. With its robust rental market and variety of amenities, Commonwealth is a popular choice for Boston renters.

Commonwealth, Boston rental market trends

The Commonwealth neighborhood in Boston saw a slight decrease in average rent prices in 2024, with a year-over-year decrease of 0.35%, averaging $3,046 per month for all bed types and properties. Breaking it down by bed count, 1-bedrooms averaged $2,467 per month, a 1.29% decrease from the previous year. In contrast, 2-bedrooms and 3-bedrooms experienced increases of 3.45% and 3.30%, respectively, with average rents of $2,922 and $3,571. Studios saw a 3.45% increase, with an average rent of $2,125.

The rental market in Commonwealth tends to fluctuate throughout the year, with December typically seeing the highest rent prices, 14.07% higher than April, the month with the lowest rent prices. If you're looking for a new apartment, April may be a good time to find a deal. On the other hand, if you're looking to rent out a property, December may be the best time to capitalize on higher demand and prices.

Why Commonwealth, Boston is a great place to live

Commonwealth stands out as a top choice for renters prioritizing social living and environmental sustainability. The neighborhood's vibrant social scene is supported by its diverse range of restaurants, convenient transit options, well-maintained street infrastructure, and a balanced age distribution, all contributing to a strong sense of community and safety. Additionally, Commonwealth's commitment to environmental sustainability is evident in its use of non-toxic paint, sustainable building materials, and innovative waste management practices, such as rainwater harvesting and composting. With its numerous parks and community solar projects, Commonwealth offers a unique blend of urban living and eco-friendly practices, making it an attractive option for renters seeking a responsible and engaging lifestyle.