Boston is the capital and largest city of Massachusetts with a population of approximately 700,000. Today Boston is one of the most expensive cities in the US. In terms of living expenses, this city can be put on a par with San Francisco and New York. In this article, we will look at the average prices in Boston for renting one and two bedroom apartments (current as of October 2022). One and two bedroom apartments in Boston are up about 20% year-on-year (October 2021 to October 2022). The cost of living has increased significantly over the past year. The average cost of renting a one-bedroom apartment in Boston is $2,890 per month as of October 2022.
Boston’s most affordable neighborhoods include Uphams Corner – Jones Hill ($850/month for one-bedroom apartment), Highland Park ($1,750/month) and Commonwealth ($2,200/month).
Boston’s most expensive neighborhoods include Downtown Boston ($4,150/month), Chinatown – Leather District ($3,995/month) and D Street – West Broadway ($3,750/month).