Average Rent in Boston, MA

Apartments & Houses by Size

Rentometer, Inc. | Data as of 11/13/2026

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Current rent in Boston (all property types)

  • $2,559 Studio
  • $3,019 1 Bedroom
  • $3,581 2 Bedroom
  • $3,925 3 Bedroom
  • $4,861 4+ Bedroom

Bostonโ€™s rental market blends historic charm with modern urban energy, offering a diverse array of living options across its iconic neighborhoods. From the elegant brownstones of the Back Bay and the vibrant art scene of the South End to the waterfront lofts of the Seaport and the academic buzz of Cambridgeโ€™s vicinity, renters can find a setting that matches their lifestyle. Proximity to cultural landmarks such as Boston Common, the Freedom Trail, and Fenway Park adds an extra layer of appeal, while easy access to topโ€‘ranked universities, hospitals, and tech corridors makes the city a magnet for professionals, students, and families alike.

The cityโ€™s housing stock includes both apartments and singleโ€‘family homes, catering to a wide range of space needs. Apartment studios typically sit in the $2,600 range, with oneโ€‘bedroom units edging toward the $3,000s and larger threeโ€‘ and fourโ€‘plus bedroom layouts reaching the $4,000 to $5,000s. House rentals start around the $2,300 mark for smaller units and can exceed $6,000 for expansive family homes. This variety, combined with Bostonโ€™s walkable neighborhoods, extensive public transit, and vibrant waterfront, makes the market both competitive and rewarding for renters seeking quality living in New Englandโ€™s premier city.

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Boston Rent by Property Type & Bedroom Count

Averages, medians, and ranges across recent rental listings

Property Type Bedrooms Average Median Min – Max 25th – 75th
Apartment Studio $2,561 $2,500 $1,100 – $4,297 $2,200 – $2,862
Apartment 1 Bedroom $3,026 $2,961 $1,200 – $5,594 $2,475 – $3,400
Apartment 2 Bedroom $3,601 $3,380 $1,800 – $8,598 $2,900 – $4,100
Apartment 3 Bedroom $3,923 $3,500 $2,150 – $9,809 $3,264 – $4,500
Apartment 4+ Bedroom $4,615 $4,400 $1,150 – $15,500 $3,500 – $5,400
House 2 Bedroom $3,362 $3,500 $2,000 – $4,000 $3,100 – $3,700
House 3 Bedroom $3,933 $3,500 $2,950 – $5,800 $3,395 – $4,200
House 4+ Bedroom $6,059 $5,475 $3,600 – $14,500 $4,500 – $6,575

Current rent in Boston (all property types)

  • $2,559 Studio
  • $3,019 1 Bedroom
  • $3,581 2 Bedroom
  • $3,925 3 Bedroom
  • $4,861 4+ Bedroom
ACS 2020โ€“2024 5-year estimates: median gross rent $2,147

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Area Profile

Demographic & economic context for this area

Demographics

$97,344
Median household income
33.3
Median age
54.9%
Bachelor’s degree or higher
16.6%
Poverty rate
666,442
Population
283,374
Households

Housing

$731,700
Median home value
$4,456
Median property tax
0.67%
Effective property tax rate
64.3%
Renter share
8.8%
Vacancy rate
48.6%
Cost-burdened renters
310,625
Housing units
182,208
Renter households
4.6%
Rental vacancy rate
46.4%
Units in 5+ unit buildings
1947
Median year built

Investor ratios

Derived from the ACS medians above — the typical unit in this area, not a specific property

3.52%
Gross rent yield
28.4
Price-to-rent ratio
26.5%
Rent-to-income

Race & ethnicity

  • White 46.3%
  • Black 20.5%
  • Hispanic 19.3%
  • Asian 10.4%
  • Other 3.5%

Commute

30.3 min average

Rent trend & yield

Derived from Rentometer listings, trailing 365 days (computed Nov 7, 2026) and ACS 2020โ€“2024 5-year estimates

โ†“ -2.9%
Median rent, year over year
5.41%
Gross rent yield
40.7%
Rent-to-income
+53.7%
Asking rent vs. Census gross rent

New construction

Residential units permitted in 2025 (Census Building Permits Survey)

2,107
Units permitted
228
Single-family
1,879
Multi-family (2+ units)
1,867
5+ unit buildings (rental supply)
89.2%
Multi-family share (of units permitted)
โ†‘ +17.8%
YoY vs. 2024

Economy

4.4%
Unemployment (August 2026)
โ†“ -0.3 pts vs. 12mo ago
$2,720
Avg. weekly wage (Q4 2025)
โ†‘ 4.5% YoY
715,057
Avg. employment (Q4 2025)
โ†“ 0.2% YoY

Housing affordability

45.2%
Cost-burdened renters (paying >30% of income on housing)
23.8%
Severely cost-burdened (paying >50% of income on housing)
68.5%
Cost-burdened low-income renters (households at or below 50% of area median income)

Source: Rentometer listings (Rentometer listings, trailing 365 days (computed Nov 7, 2026)) ยท U.S. Census Bureau, ACS 2020โ€“2024 5-year estimates ยท U.S. Census Bureau Building Permits Survey, 2025 ยท U.S. Bureau of Labor Statistics, LAUS August 2026 ยท U.S. Bureau of Labor Statistics, QCEW Q4 2025 ยท HUD CHAS, CHAS 2018โ€“2022


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About this data

Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.

If you cite, share, or republish data from this report, please credit Rentometer.

About this data