The average apartment rent in Boston, MA. August 2022

Posted by:Aleksandr Belov Posted on:Aug 12,2022
The average apartment rent in Boston, MA. August 2022

Boston is the capital and largest city in the state of Massachusetts with a population of about 700,000 people. It is also the most expensive city to live in Massachusetts. Today, Boston is among the top ten most expensive US cities to live in. This is due to the high cost of renting studios and apartments. The average cost of renting a one-bedroom apartment is $2,600 per month. One-bedroom apartment rentals in Boston are up 13.00% year-on-year (August 2021 to August 2022). Renting a one-bedroom apartment in the expensive neighborhoods of Boston ranges from $2,700 to $3,900 per month.

The most expensive neighborhoods in Boston include D Street – West Broadway ($3,830/month for one-bedroom apartment), Franklin Field South ($3,790/month) and Downtown Boston ($3,700/month)

The most inexpensive neighborhoods in Boston include Meeting House Hill ($750/month), Dudley – Brunswick King ($800/month) and Sav-Mor ($1,250/month).

Average rent for a 1-bedroom apartment in Boston, MA

Average 1 bedroom rent price (August 2022) = $2,600/per month
Month-over-Month Price Change Rent (M/M %)
4%
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
13%

Average rent for a 2-bedroom apartment in Boston, MA

Average 2 bedroom rent price (August 2022) = $3,000/per month
Month-over-Month Price Change Rent (M/M %)
1%
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
11.1%

The 5 Expensive Neighborhoods in Boston, MA for August 2022 (one-bedroom apartment)

1. D Street - West Broadway
$3,830/month
2. Franklin Field South
$3,790/month
3. Downtown Boston
$3,700/month
4. Chinatown - Leather District
$3,510/month
5. West End
$3,460/month

The 5 Cheapest Neighborhoods in Boston, MA for August 2022 (one-bedroom apartment)

1. Meeting House Hill
$750/month
2. Dudley - Brunswick King
$800/month
3. Sav-Mor
$1,250/month
4. Fields Corner West
$1,400/month
5. Bowdoin North - Mount Bowdoin
$1,500/month

Aleksandr Belov

Author and editor of the ultramodern-hotels.com blog

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