How many apartments are available in 02116 on Rentable.co?

Rentable.co has 33 apartments available for rent in 02116.

What is the average rent for an apartment in 02116?

The average rent for an apartment in 02116 is around $3,920 per month.

What is the average rent for a one-bedroom apartment in 02116?

The average rent for a one-bedroom apartment in 02116 is around $3,650 per month.

What is the average rent for a studio apartment in 02116?

The average rent for a studio apartment in 02116 is around $3,365 per month.

What is the average rent for a two-bedroom apartment in 02116?

The average rent for a two-bedroom apartment in 02116 is around $4,811 per month.

Apartments in 02116

Boston:
May Rent Report

Welcome to the May 2024 Boston Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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.

Monthly Rent Report

$4,000

$3,000

$2,000

$1,000

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Boston Rent Prices Decrease From April to May

Boston rent prices decreased over the last month. From April to May, the city experienced a -1.23% decrease for the price of a one-bedroom apartment. The rent price for a Boston one-bedroom apartments currently stands at $2,982.0.

When we take a look at the two-bedroom comparison from April to May, Boston experienced a -1.71% decrease for the price of a two-bedroom apartment. The rent price for a Boston two-bedroom apartments currently stands at $3,512.0.

May Prices: Boston vs. Surrounding Areas

Boston, MA

Brookline, MA

Cambridge, MA

Woburn, MA

Weymouth, MA

Allston, MA

Framingham, MA

Quincy, MA

$3,019

$2,813

$2,769

$2,660

$2,515

$2,400

$2,321

$2,305

$1,000

$2,000

$3,000

$4,000

Median 1 BR Rent

Rent Prices in Boston and Surrounding Areas

Rent prices have decreased 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 Woburn, MA, Cambridge, MA, Framingham, MA .
Rent decreased in Brookline, MA, Allston, MA, Quincy, MA, Weymouth, MA.
7 suburbs are currently priced lower than the city of Boston.

May 2024 Pricing Trends: Boston vs. National Comparisons

New York, NY

San Francisco, CA

Boston, MA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$3,019

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

Boston Rent Prices More Affordable Than Major Cities

Rent growth in Boston over the past year has been declining. 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.

For more information about Boston and surrounding area rent prices, take a look at the complete data set below.

Data set for Boston and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Boston, MA	$3,019.0	-1.47%	$3,573.0	-2.72%
Brookline, MA	$2,813.0	-0.28%	$3,614.0	-0.08%
Allston, MA	$2,400.0	-0.21%	$3,137.0	-0.57%
Woburn, MA	$2,660.0	0.57%	$3,333.0	0.24%
Cambridge, MA	$2,769.0	0.36%	$3,788.0	1.12%
Quincy, MA	$2,305.0	-0.13%	$2,816.0	-0.28%
Weymouth, MA	$2,515.0	-1.22%	$3,132.0	1.00%
Framingham, MA	$2,321.0	0.56%	$2,793.0	-0.46%

Methodology

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.