Boston Metro Report: April 2017

The Zumper Boston Metro Report analyzed over 75,000 active listings in March across the 16 metro cities to show the most and least expensive cities and cities with the fastest growing rents.

Cities Ranked By RentMetros April.001

Le plus cher

Cambridge, MA, similar to last month, continued to reign as the most expensive city to rent this month. The price of one bedroom units here was $2,250.

Brookline & Boston, Massachusetts were the next priciest cities with rents at $2,250 and $2,200, respectively.

Somerville, MA outpaced Waltham, MA this month to rank as the 4th most expensive city to rent. One bedroom rent in Somerville hit $2,080 this month.

Le moins cher

Fall River, MA rent prices dropped $10 this month, hitting a median of $840 for one bedroom units, and remained the most affordable city in the metro area.

Worcester, MA ranked as the second least expensive city with rent at $1,130.

Brockton, MA followed behind with the third most affordable rent.

Metros April.002

La croissance la plus rapide (Y/Y%)

Brockton, MA, similar to last month, had the fastest growth yearly rents, up 15%.

Worcester, MA had the second fastest growing rents since this time last year, up 14.1%.

Haverhill, MA ranked as third with a yearly growth rate of 12.8%.

La croissance la plus rapide (M/M%)

Quincy, MA rents grew the fastest since last month, up 4.8% to $1,740.

Lawrence, MA followed behind with a 4.6% monthly growth rate.

Somerville, MA was third with one bedroom rent up 4% since last month.

Screen Shot 2017-04-12 at 4.59.14 PM

Full Data

One BedroomTwo Bedrooms
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Minneapolis$1,280-5.20%-1.50%$1,6400.00%-6.80%
2Apple Valley$1,260-2.30%14.50%$1,290-1.50%2.40%
3Minnetonka$1,240-4.60%12.70%$1,560-2.50%14.70%
4Eagan$1,2100.00%11.00%$1,220-3.20%-3.20%
4Edina$1,210-3.20%9.00%$1,490-0.70%8.00%
5Woodbury$1,2005.30%1.70%$1,360-0.70%0.70%
6Plymouth$1,150-3.40%2.70%$1,460-2.70%4.30%
7Eden Prairie$1,130-5.00%-4.20%$1,3600.70%-2.20%
8Maple Grove$1,0704.90%15.10%$1,3604.60%1.50%
9Bloomington$9805.40%-14.00%$1,2804.90%0.00%
10Burnsville$9701.00%-1.00%$1,2603.30%9.60%
11St Paul$9002.30%0.00%$1,1001.90%1.90%
12Coon Rapids$8401.20%-2.30%$1,1100.90%-3.50%

À propos

The Zumper Boston Metro Report analyzed over 75,000 listings that hit the market in March 2017. Listings are aggregated by city to calculate median asking rents.

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