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Average Rent in Boston & Rent Price Trends

By: Justin Chaplin and Rob Warnock
July 9, 2021

Thinking about moving to Boston? Before you start your Boston apartment hunt, get to know the city's rental market. Get your apartment budget started by discovering the average rent in Boston and its neighborhoods.

Average Rent in Boston

Note: The data provided reflects our available units on Apartment List. For data that reflects the entire market, we recommend you visit our Rent Report, which is created based on our holistic methodology. You can also download the raw data containing rent estimates for hundreds of cities across the country.

Boston rents have increased by 4.44% compared to last month, and are up by 1.75% compared to last year.

  • 0.1% of apartments in Boston cost less than $1,000 per month.
  • 12% of apartments in Boston cost between $1,000-$1,999 per month.
  • 37% of apartments in Boston cost between $2,000-$2,999 per month.
  • 51% of apartments in Boston cost over $3,000 per month.

  • 17% of apartments in Boston are studio apartments.
  • 38% of apartments in Boston are 1-bedroom apartments.
  • 29% of apartments in Boston are 2-bedroom apartments.
  • 16% of apartments in Boston are 3-bedroom apartments.

Average Rent in Boston Neighborhoods

Have your ideal Boston neighborhood already picked out? Rent prices across neighborhoods can vary, so get familiar with the average rent prices across the various neighborhoods in Boston.

NeighborhoodAverage 1-BR Rent
Fenway - Kenmore - Audubon Circle - Longwood$3,865
D Street - West Broadway$3,777
Downtown Boston$3,726
Chinatown - Leather District$3,569
South End$3,385
Back Bay$3,365
West End$3,129
Columbia Point$2,865
North End$2,825
Mission Hill$2,752

What Salary Do You Need to Live in Boston?

Using the 30% rule, we can give a rough estimate of the salary needed to rent an apartment in Boston. If these numbers look high, remember that a roommate or two can drastically cut down your monthly rent!

  • If you are renting an average priced studio apartment in Boston, your annual salary should be around $94,932 or higher.
  • If you are renting an average priced 1-bedroom apartment in Boston, your annual salary should be around $114,948 or higher.
  • If you are renting an average priced 2-bedroom apartment in Boston, your annual salary should be around $133,272 or higher.
  • If you are renting an average priced 3-bedroom apartment in Boston, your annual salary should be around $138,600 or higher.

Remember, these are recommendations for just one person. Renting an apartment with a roommate or two will cut these costs down. If renting in Boston still seems unfeasible, consider other Massachusetts cities.

Not sure how much rent you can afford? Try using our rent calculator.

Ready to make the move to Boston? Start apartment hunting in Boston with our quiz!

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AUTHOR
Justin is a Content Manager and contributing author at Apartment List, helping people navigate the world of renting. Justin previously spent his time earning his BBA in Marketing from Boise State University. Read More
SENIOR RESEARCH ASSOCIATE
Rob is a senior research associate at Apartment List, where he examines trends in the housing and rental markets. Previously he worked in public health policy, and before that, graduated from UCLA with a degree in Globalization. Read More
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