$3,746
Average Rent
$3,500
Median Rent
+5.8%
Year-over-Year Growth
3.4%
Vacancy Rate
About Boston, MA
Boston is a global leader in higher education and biotechnology, with a famously tight rental market.
Popular Neighborhoods in Boston
Back Bay
$4,300/moIconic brownstones and high-end shopping.
Seaport District
$3,900/moModern waterfront area with luxury high-rises.
Beacon Hill
$3,600/moNarrow brick streets and historic charm.
Boston Rental Market Insights
One of the lowest vacancy rates in the country, often under 4%.
Massive student population dictates the September move-in calendar.
Biotech expansion drives demand for professional luxury housing.
Frequently Asked Questions
Why is Boston rent so expensive?
Extreme demand and very old, limited housing stock.