49 Cheap Apartments for rent in Boston, MA

Last updated May 24 at 1:27am UTC
1254 Commonwealth Avenue
Commonwealth
Boston, MA
Updated May 24 at 1:27am UTC
Studio
$1,525
141 Englewood Ave
Commonwealth
Boston, MA
Updated May 23 at 5:29pm UTC
Studio
$1,600
4 Ransom Rd
St. Elizabeth's
Boston, MA
Updated May 23 at 5:29pm UTC
Studio
$1,600
652 Hyde Park Ave
Lower Washington - Mount Hope
Boston, MA
Updated May 23 at 5:29pm UTC
1 Bedroom
$1,600
1758 Commonwealth Avenue
Commonwealth
Boston, MA
Updated May 23 at 5:29pm UTC
1 Bedroom
$1,675
64 Brighton Ave Apt 310
Commonwealth
Boston, MA
Updated May 23 at 10:01am UTC
1 Bedroom
$1,550
137 Peterborough St Apt 10
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated May 22 at 12:25pm UTC
Studio
$1,650
1677 Commonwealth Ave Apt 12
St. Elizabeth's
Boston, MA
Updated May 21 at 11:06am UTC
Studio
$1,650
41 Edgerly Rd Apt 58S
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated May 21 at 11:06am UTC
Studio
$1,650
19 Wolcott St
Franklin Field North
Boston, MA
Updated May 15 at 5:38am UTC
2 Bedrooms
$1,650
41 Morrell St.
Upper Washington - Spring Street
Boston, MA
Updated May 12 at 12:24pm UTC
1 Bedroom
$1,300
7 Viking
City Point
Boston, MA
Updated May 11 at 10:49pm UTC
1 Bedroom
$1,575
11 Keswick St # 203
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated May 11 at 12:33pm UTC
Studio
$1,600
69 Park Dr Apt 22
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated May 1 at 10:31am UTC
Studio
$1,650
90 Brainerd Rd
Coolidge Corner
Boston, MA
Updated April 27 at 1:48am UTC
Studio
$1,570
120 Peterborough St
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated April 18 at 4:08am UTC
Studio
$1,625
51 Queensberry St
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated April 18 at 4:08am UTC
Studio
$1,600
17 Keswick St # 16
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated April 6 at 10:26am UTC
Studio
$1,600
907 Beacon St # 32
Fenway - Kenmore - Audubon Circle - Longwood
Boston, MA
Updated May 1 at 10:34am UTC
Studio
$1,650
265 Princeton St
Central Maverick Square - Paris Street
Boston, MA
Updated May 23 at 5:42pm UTC
1 Bedroom
$1,600
13 Barrows St
St. Elizabeth's
Boston, MA
Updated May 23 at 5:28pm UTC
Studio
$1,600
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May 2018 Boston Rent Report

Welcome to the May 2018 Boston Rent Report. Boston rents remained steady 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

May 2018 Boston Rent Report

Welcome to the May 2018 Boston Rent Report. Boston rents remained steady 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 rent trends were flat over the past month

Boston rents have remained flat over the past month, however, they have increased slightly by 1.0% year-over-year. Currently, median rents in Boston stand at $1,670 for a one-bedroom apartment and $2,080 for a two-bedroom. Boston's year-over-year rent growth lags the state average of 2.2%, as well as the national average of 1.5%.

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, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Newton has the most expensive rents in the Boston metro, with a two-bedroom median of $2,320; the city has also seen rent growth of 2.4% over the past month, the fastest in the metro.
  • Over the past month, Brockton has seen the biggest rent drop in the metro, with a decline of 0.5%. Median two-bedrooms there cost $1,640, while one-bedrooms go for $1,320.
  • Lowell has the least expensive rents in the Boston metro, with a two-bedroom median of $1,520; rents rose 0.7% over the past year but remained flat month-over-month.

Comparable 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 similar 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 $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.0% increase in Boston.
  • While Boston's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Los Angeles (+2.1%), Atlanta (+1.9%), and San Francisco (+1.3%).
  • Renters will generally find more expensive prices in Boston than most other large 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 $1,670 $2,080 0.3% 1.0%
Lowell $1,220 $1,520 -0.0% 0.7%
Cambridge $1,790 $2,220 1.0% 3.3%
Brockton $1,320 $1,640 -0.5% 1.5%
Quincy $1,480 $1,840 0.3% 0.2%
Newton $1,870 $2,320 2.4% 5.2%
Lawrence $1,360 $1,680 0.7% 4.6%
Somerville $1,670 $2,070 0.5% 1.8%
Framingham $1,510 $1,870 -0.1% 2.4%
Haverhill $1,230 $1,530 1.6% 7.1%
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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.