63 Apartments under 1500 for rent in Boston, MA

Last updated November 21 at 8:15pm UTC
144 Bremen St
Jeffries Point
Boston, MA
Updated October 27 at 1:58am UTC
1 Bedroom
$1,495
97 Chester St
Allston
Boston, MA
Updated November 21 at 5:55pm UTC
1 Bedroom
$1,450
2 Ayr Rd
Commonwealth
Boston, MA
Updated November 21 at 5:55pm UTC
Studio
$1,475
1330 Commonwealth Avenue
Allston
Boston, MA
Updated November 21 at 5:56pm UTC
Studio
$1,400
30 Beechcroft St Apt 3
Oak Square
Boston, MA
Updated November 16 at 12:23pm UTC
1 Bedroom
$1,425
168 North Beacon St Apt 3
Oak Square
Boston, MA
Updated November 16 at 12:12pm UTC
1 Bedroom
$1,450
208 Washington Ave
Addison-Orange
Chelsea, MA
Updated November 16 at 12:33pm UTC
1 Bedroom
$1,450
Results within 1 miles of Boston, MA
1 Lawrence Road
West Revere
Revere, MA
Updated November 8 at 11:31am UTC
1 Bedroom
$1,350
Results within 5 miles of Boston, MA
11 Dungeon Ave.
Pine Hill
Lynn, MA
Updated November 15 at 1:59am UTC
2 Bedrooms
$1,300
7 Liberty Square
Downtown Lynn
Lynn, MA
Updated November 21 at 1:45am UTC
1 Bedroom
$1,495
46 Woodbine Street 2B
North Quincy
Quincy, MA
Updated November 14 at 11:03am UTC
1 Bedroom
$1,050
70 Garland Rd
Newton Highlands
Newton, MA
Updated November 9 at 2:04am UTC
Studio
$1,285
46 Woodbine Street 2A
North Quincy
Quincy, MA
Updated November 14 at 11:04am UTC
1 Bedroom
$1,100
Results within 10 miles of Boston, MA
319 Allston St
Commonwealth
Boston, MA
Updated November 18 at 2:05am UTC
Studio
$1,460
23 Bradlee St
Codman Square - East Codman Hill
Boston, MA
Updated September 29 at 6:51pm UTC
Studio
$700
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November 2017 Boston Rent Report

Welcome to the November 2017 Boston Rent Report. Boston rents declined over the past month. In this report, we'll evaluate trends in the Boston rental market, including comparisons to cities throughout the metro, state, and nation.

View full Boston Rent Report
Rent Report
Boston

November 2017 Boston Rent Report

Welcome to the November 2017 Boston Rent Report. Boston rents declined over the past month. In this report, we'll evaluate trends in the Boston rental market, including comparisons to cities throughout the metro, state, and nation.

Boston rents declined over the past month

Boston rents have declined 0.4% over the past month, but are up slightly by 1.3% in comparison to the same time last year. Currently, median rents in Boston stand at $1,680 for a one-bedroom apartment and $2,080 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in August. Boston's year-over-year rent growth lags the state average of 1.7%, as well as the national average of 2.7%.

Rents rising across the Boston Metro

Throughout the past year, rent increases have been occurring not just in the city of Boston, but across the entire metro. Of the largest 10 cities that we have data for in the Boston metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Brookline has the most expensive rents in the Boston metro, with a two-bedroom median of $2,600; however, the city has also seen rents fall by 0.8% over the past year, the biggest drop in the metro.
  • Haverhill has the least expensive rents in the Boston metro, with a two-bedroom median of $1,470; additionally, the city has seen rent growth of 0.7% over the past month, the fastest in the metro.

Similar cities nationwide show more affordable rents compared to Boston

As rents have increased slightly in Boston, other large cities nationwide have seen rents grow more quickly. Compared to most other large cities across the country, Boston is less affordable for renters.

  • Boston's median two-bedroom rent of $2,080 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 1.3% rise in Boston.
  • While Boston's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Seattle (+4.2%), Los Angeles (+3.9%), and Baltimore (+2.5%).
  • Renters will generally find more expensive prices in Boston than most similar cities. For example, Philadelphia has a median 2BR rent of $1,160, where Boston is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Boston $1,680 $2,080 -0.4% 1.3%
Lowell $1,210 $1,500 -1.0% 1.9%
Cambridge $1,780 $2,200 -1.4% -0.2%
Quincy $1,500 $1,860 -0.3% 3.8%
Somerville $1,650 $2,050 -3.0% 3.2%
Framingham $1,500 $1,870 -0.3% 2.4%
Haverhill $1,180 $1,470 0.7% 3.7%
Waltham $1,660 $2,060 -0.8% 0.9%
Brookline $2,090 $2,600 -0.7% -0.8%
Marlborough $1,200 $1,500 -0.7% 1.1%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.