With rent prices fairly flat this month, Boston maintained position as the 3rd most expensive city to rent in the country. One bedroom units increased a slight 0.9% to a median of $2,310, while two bedroom units were up 1.3% to a median of $2,650.
At a median of $3,110 for one bedroom units, Downtown Boston was the most expensive neighborhood for renters last month. Close behind, East Cambridge ($3,000), D Street – West Broadway ($2,900), and Cambridgeport ($2,800) were the next priciest areas. More affordable neighborhoods, with rentals for less than $1,800, included Commonwealth, Allston, and Mission Hill.
If you’re interested in seeing how Boston stacks up to the rest of the United States, view our April National Rent Report, which analyzes over 1 million active listings to identify rental trends across the 50 largest U.S. cities.
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