Rental market snapshot for Fenway, Boston
Fenway rental market summary
The rental market in Fenway, Massachusetts is showing signs of growth. In July 2023, there were 2,179 new listings, a significant increase from the previous month. The median rent for July 2023 was $2,900, the same as the previous month, indicating that the market is stable. However, when compared to the median rent in July 2022, there has been a 7.4% increase, showing that the rental market is growing.
Overall, the rental market in Fenway, Massachusetts is healthy and growing. With a steady median rent and a large number of new listings, it is an attractive option for renters looking for a new home. With the market continuing to grow, it is likely that the median rent will continue to increase in the future.
Median rent for all residential properties in Fenway
Get the latest rental data first
The most expensive listings and top trending buildings in Fenway
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1 Dalton St | $18,000 | 2 / 2.5 |
1 Dalton St | $10,000 | 1 / 1.5 |
188 Brookline Ave | $8,800 | 2 / 2.0 |
1 Dalton St | $8,650 | 1 / 1.5 |
39 Hemenway St | $8,000 | 4 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Greystar* | $4,298 |
Forest Properties | $3,100 |
Metro Realty Corp | $2,538 |
Get the latest rental data first
Bedroom Breakdown in Fenway
Fenway neighborhood apartments rents
The rental market for studios in Fenway, Massachusetts is showing signs of growth. In July 2023, there were 12 new studio listings, representing a 22.7% increase in rent from June 2023. The median rent for studios in July 2023 was $3,674, which is significantly higher than the median rent of $2,995 in June 2023. This indicates that the rental market for studios in Fenway is becoming increasingly competitive, with higher prices and more listings.
The rental market for 1-bedroom apartments in Fenway, Massachusetts is showing signs of growth. In July 2023, there were 24 new 1-bedroom listings, a 13.0% increase in median rent from June 2023 to July 2023, and a median rent of $4,202. This indicates that the rental market for 1-bedroom apartments in Fenway is becoming increasingly competitive, with more people looking to rent and landlords raising their prices.
The rental market for 2-bedroom apartments in Fenway, Massachusetts is showing signs of growth. In July 2023, there were 12 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $3,400, which is 6.8% 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 2-bedroom apartments in Fenway is looking positive.