Wentworth is a member of the Colleges of Fenway (CoF), which isn’t just simply a title. The school opens up its classes, study abroad opportunities, and even in some instances its dorms to students from nearby schools. As a Wentworth student you will undoubtedly make friends from other schools in the CoF group; because Wentworth is mostly male and schools like Emmanuel and Simmons are mostly or exclusively female, students from each place tend to go out together on the weekends. And because there are so many schools in the area, most people you will see on your everyday commute will be students. It’s very easy here to make friends, both at your school and outside of it. Wentworth does a fantastic job of offering students on-campus opportunities they can participate in to take a break from their studies. Aside from the varsity sports teams, there are also a couple club teams and between five and ten intramural sports leagues each semester. There are also dozens of on-campus groups, ranging from fraternities to engineering organizations to student government. But don’t forget that you will also be in one of the largest cities on the East Coast, and also one of the best cities to be in at your age because of how many colleges are located in the area. You will always be able to find plenty of things to do on the weekend.
Welcome to the November 2022 Boston Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2022 key findings and figures for the Boston rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Boston and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Boston average rent prices in the chart below.
Boston rent prices increased over the last month. From October to November, the city experienced a 2.73% increase for the price of a one-bedroom apartment. The rent price for a Boston one-bedroom apartments currently stands at $2,711.0.
When we take a look at the two-bedroom comparison from October to November, Boston experienced a 4.1% increase for the price of a two-bedroom apartment. The rent price for a Boston two-bedroom apartments currently stands at $3,452.0.
Rent prices have increased in Boston over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Boston suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Lowell, MA, Medford, MA, Woburn, MA .
Rent decreased in Cambridge, MA, Allston, MA, Malden, MA, Quincy, MA.
7 suburbs are currently priced lower than the city of Boston.
Rent growth in Boston over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Boston average rent prices appear to be relatively affordable for local residents.
The price for a Boston one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
You can view the full rundown of Rentable's November 2022 National Apartment Report and data set here.
For more information about Boston and surrounding area rent prices, take a look at the complete data set below.
|1 BR November||1 BR M/M % Change||2 BR November||2 BR M/M % Change|
Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.