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141 Studio Apartments for rent in Quincy, MA

Last updated July 22 at 2:49am UTC
1022 Hancock Street
Quincy Center
Quincy, MA
Updated July 18 at 6:44pm UTC
Studio
$2,050
Results within 1 miles of Quincy, MA
Results within 5 miles of Quincy, MA

July 2018 Quincy Rent Report

Welcome to the July 2018 Quincy Rent Report. Quincy rents increased over the past month. In this report, we'll evaluate trends in the Quincy rental market, including comparisons to cities throughout the metro, state, and nation.

View full Quincy Rent Report
Rent Report
Quincy

July 2018 Quincy Rent Report

Welcome to the July 2018 Quincy Rent Report. Quincy rents increased over the past month. In this report, we'll evaluate trends in the Quincy rental market, including comparisons to cities throughout the metro, state, and nation.

Quincy rents increase sharply over the past month

Quincy rents have increased 0.6% over the past month, and are up marginally by 0.8% in comparison to the same time last year. Currently, median rents in Quincy stand at $1,500 for a one-bedroom apartment and $1,860 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in January. Quincy's year-over-year rent growth lags the state and national averages, which both stand at 1.4%.

Rents rising across the Boston Metro

Throughout the past year, rent increases have been occurring not just in the city of Quincy, but across the entire metro. Of the largest 10 cities that we have data for in the Boston metro, 7 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Lowell has the least expensive rents in the Boston metro, with a two-bedroom median of $1,520; the city has also seen rents fall by 1.8% over the past year, the biggest drop in the metro.
  • Newton has the most expensive rents in the Boston metro, with a two-bedroom median of $2,330; the city has also seen rent growth of 2.4% over the past month, the fastest in the metro.

Many large cities nationwide show more affordable rents compared to Quincy

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

  • Quincy's median two-bedroom rent of $1,860 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 0.8% rise in Quincy.
  • While Quincy's rents rose marginally over the past year, many cities nationwide saw decreases, including Seattle (-2.0%), Chicago (-1.3%), and Baltimore (-0.6%).
  • Renters will generally find more expensive prices in Quincy than most large cities. For example, Philadelphia has a median 2BR rent of $1,170, where Quincy 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 $1,690 $2,090 0.3% 0.0%
Lowell $1,230 $1,520 0.0% -1.8%
Cambridge $1,820 $2,250 0.6% 2.0%
Brockton $1,320 $1,630 -0.5% -1.2%
Quincy $1,500 $1,860 0.6% 0.8%
Newton $1,880 $2,330 2.4% 3.8%
Lawrence $1,360 $1,690 0.4% 2.8%
Somerville $1,690 $2,090 0.3% -0.1%
Framingham $1,490 $1,850 -0.4% 0.1%
Haverhill $1,230 $1,520 -1.0% 4.7%
See more

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.