Apartments for Rent in Chestnut Hill, Newton, MA

Chestnut Hill, Newton apartment availability

Chestnut Hill's rental market offers a good selection of listings, with an average of about 49 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 in-unit laundry, dishwashers, and hardwood floors, which are available in over half of the rentals. With its varied housing stock and convenient amenities, Chestnut Hill is a great option for renters looking for a comfortable and convenient place to call home.

Chestnut Hill, Newton rental market trends

Chestnut Hill, Newton's rental market saw a significant increase of 13.5% in 2024, with the average monthly rent reaching $5,108. This growth is largely driven by the 3-bedroom segment, which experienced an 11.9% year-over-year increase, now averaging $4,282 per month. In contrast, 1-bedroom and studio apartments saw a slight decrease, averaging $2,892 and $2,337, respectively. The 2-bedroom segment also decreased, now averaging $3,128 per month.

The rental market in Chestnut Hill, Newton tends to fluctuate throughout the year. March typically sees the highest rent, with a 39.8% increase compared to July, the month with the lowest rent. This significant difference suggests that renters may find more affordable options during the summer months. However, those looking for a new apartment in the spring can expect to encounter higher prices. Understanding these seasonal trends can help renters navigate the competitive market in Chestnut Hill, Newton.

Why Chestnut Hill, Newton is a great place to live

Chestnut Hill in Newton is a top choice for renters prioritizing a vibrant social life. According to 2024 data, the neighborhood's transit frequency, age distribution, and street infrastructure all contribute to its high social life score. With a strong walk score and emphasis on safety, Chestnut Hill offers an ideal environment for residents to get out and connect with others. Its desirable combination of accessibility and community makes it an attractive option for those seeking an engaging and interactive lifestyle.