Rental market snapshot for East Boston, Boston
East Boston rental market summary
The rental market in East Boston, Massachusetts is showing signs of growth. In July of 2023, there were 312 new listings, a significant increase from the previous month. The median rent for the area also increased from $3,137 in July of 2022 to $3,300 in July of 2023, representing a 5.2% increase. This is a positive sign for the rental market in East Boston, indicating that the area is becoming increasingly desirable for renters.
The increase in new listings and median rent suggests that the rental market in East Boston is becoming more competitive. With more people looking for rental properties in the area, landlords and property owners are able to increase their asking prices and offer more attractive rental options. This is great news for those looking to rent in East Boston, as they will have more options to choose from and can expect to find better deals.
Median rent for all residential properties in East Boston
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The most expensive listings and top trending buildings in East Boston
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 126 Border St | $5,864 | 3 / 2.0 |
| 45 Lewis St | $5,400 | 2 / 2.0 |
| 184 Paris St | $5,200 | 4 / 3.0 |
| 76 Wordsworth St | $5,100 | 3 / 3.0 |
| 191 Porter St | $4,775 | 4 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Greystar* | $3,280 |
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Bedroom Breakdown in East Boston
East Boston neighborhood apartments rents
The rental market for studios in East Boston, Massachusetts appears to be relatively stable, with only one new studio listing in April 2023 and a median rent of $1,900. This suggests that the demand for studio apartments in East Boston is relatively steady, and that the rental market is not experiencing any significant changes.
The rental market for 1-bedroom apartments in East Boston, Massachusetts is showing signs of growth. In July 2023, there were 6 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $3,256, which is 6.6% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in East Boston is looking positive.
The rental market for 2-bedroom apartments in East Boston, Massachusetts is showing signs of growth. In July 2023, there were 3 new 2-bedroom listings, a 27.3% increase in median rent from June 2023 to July 2023, and a median rent of $4,503. This indicates that the rental market for 2-bedroom apartments in East Boston is becoming increasingly competitive, with more people looking to rent and landlords raising their prices.