According to our most recent national rent report, Boston was tied with Los Angeles as the fourth most expensive rental market. The price of one and two bedroom units settled at $2,300 and $2,700, respectively. Seeing a similar trend with expensive San Francisco and New York, Boston’s year over year rental growth rates are fairly flat as well, with one bedrooms seeing the largest increase, only up 4.5%.
(Note: This map is interactive so use the zoom feature and hover over the legend for more info.)
While West Roxbury and South End had the fastest growing rents last quarter, both up around 10%, Mattapan took the biggest rent dip, falling around 6%.
South Boston Waterfront reclaimed its spot as the most expensive neighborhood this spring with rent priced at $3,060, inching out Downtown ($3,000) by just $60. Chinatown-Leather District ($2,800), South End ($2,750), and West End ($2,750) were the next priciest areas.
On the other end of the cost spectrum, while Mattapan ($1,510) remained the least expensive neighborhood, Hyde Park‘s ($1,700) rent took a big enough dip to fall behind Roxbury, now ranking as the second most affordable.
Mid-range priced rentals, for about $2,100, could be found in Longwood Medical Area and West Roxbury.
Check out how Boston rents compare with the rest of the nation’s by viewing our May National Rent Report, which analyzes over 1 million active listings to identify rental trends across the 100 largest U.S. cities.
Stay up to date with rental changes across the country by following us on Facebook, Gazouillement, ou Pinterest. In the market for a new place? Search all Boston apartments for rent on Zumper right now.
For a refresher on how we analyze our rental data, view our methodology blog post here.
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