Coming ahead of Oakland, Los Angeles, and Washington D.C, Boston ranked as the 4th most expensive city in the nation with one bedroom rent growing 2% to $2,500, while two bedrooms increased 2.1% to $2,900. Notably, on a year over year basis, one bedroom rent is up nearly 7% since this time last year.
While Roslindale et Dorchester had the fastest growing rents since last quarter, both up around 12%, Mission Hill saw the largest rent dip, down about 8%.
Downtown Boston, Chinatown – Leather District , et West End continued to rank as the most expensive neighborhoods, all priced above the $3,000 threshold. More affordable rentals priced below the city one bedroom median of $2,500 could be found in North End, Jamaica Plain, et East Boston .
Meanwhile, some of the least expensive areas, which were concentrated in the southern portion of the map, included Mattapan, Hyde Park, et Roslindale.
Check out how Boston rents compare with the rest of the nation’s by viewing our August National Rent Report, which analyzes over 1 million active listings to identify rental trends across the 100 largest U.S. cities.
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For a refresher on how we analyze our rental data, view our methodology blog post ici.
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