Boston Metro Report: December 2017

The Zumper Boston Metro Report analyzed active listings in November across 16 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The state median one bedroom rent was $1,813 last month.

Cities Ranked By Rent

Slide3

Le plus cher

Cambridge, MA rent grew 3.9% to $2,400 and remained the most expensive in the metro.

Brookline, MA ranked as second with one bedrooms priced at $2,290.

Boston, Massachusetts rent was only $40 less expensive than Brookline’s at $2,250 and ranked as the third priciest.

Le moins cher

Fall River, MA rent jumped 6% to $890 but continued to rank as the most affordable.

Worcester, MA was the second least expensive with rent at $1,150.

Lawrence, MA fell behind Brockton to rank as the third most affordable with one bedrooms priced at $1,280.

Growth Rate

Slide4

La croissance la plus rapide (Y/Y%)

Newton, MA had the largest yearly rental growth rate, up 5.6%.

La croissance la plus rapide (M/M%)

Fall River, MA rent jumped 6% last month, making it the fastest growing in the metro.

Somerville & Framingham, MA tied for second with rents climbing 4.7% since last month.

Lowell, MA was third with rent up 4.6%.

BostonMetroDec

 

Full Data

1 Bedroom2 Bedrooms
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Bellevue$1,870-5.10%2.70%$2,040-2.90%-3.80%
2Seattle$1,810-1.60%1.10%$2,4401.20%1.70%
3Kirkland$1,710-5.00%7.50%$2,060-5.10%10.80%
4Redmond$1,610-3.00%-6.40%$1,960-2.50%-8.80%
5Bothell$1,5200.00%4.80%$1,750-1.70%-2.80%
6Lynnwood$1,4602.10%14.10%$1,590-1.20%6.00%
7Shoreline$1,3902.20%6.90%$1,720-2.30%13.20%
8Renton$1,360-2.90%2.30%$1,560-0.60%-1.30%
9Kent$1,2605.00%15.60%$1,430-2.70%10.00%
10Burien$1,1805.40%-1.70%$1,4500.00%5.10%
11Everett$1,1104.70%8.80%$1,3402.30%-9.50%
11Federal Way$1,1100.90%12.10%$1,380-1.40%5.30%
13Tacoma$1,1004.80%2.80%$1,3304.70%9.00%
14Puyallup$1,0704.90%8.10%$1,3001.60%4.80%
15Lakewood$9605.50%11.60%$1,2801.60%15.30%
16Auburn$9303.30%3.30%$1,3800.00%6.20%
17Marysville$9104.60%8.30%$1,1000.00%-0.90%
18University Place$8900.00%11.30%$1,110-0.90%15.60%

À propos

The Zumper Boston Metro Report analyzed active listings that hit the market in November 2017. Listings are aggregated by city to calculate median asking rents.

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