Rental market snapshot for Jamaica Plain, Boston
Jamaica Plain rental market summary
The rental market in Jamaica Plain, Massachusetts is showing signs of growth. In July of 2023, there were 430 new listings, a significant increase from the previous month. The median rent for the area also increased from $3,075 in June of 2023 to $3,200 in July of 2023, representing a 4.1% increase. This is a continuation of the trend of increasing rent prices, with the median rent having increased by 6.8% from July of 2022 to July of 2023. This suggests that the rental market in Jamaica Plain is becoming increasingly competitive, with more people looking to rent in the area and landlords able to increase their prices.
Overall, the rental market in Jamaica Plain is showing signs of growth, with more listings and higher rent prices. This could be a sign of a healthy rental market, with more people looking to rent in the area and landlords able to increase their prices. However, it is important to keep an eye on the market to ensure that rent prices remain affordable and that the market remains healthy.
Median rent for all residential properties in Jamaica Plain
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The most expensive listings and top trending buildings in Jamaica Plain
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 106 Forest Hills St | $9,300 | 5 / 4.0 |
| 23 Parker Hill Ave | $9,000 | 6 / 2.0 |
| 9 Sewall St | $6,900 | 6 / 4.0 |
| 277 Lamartine St | $6,695 | 4 / 2.0 |
| 28 Stockwell St | $6,200 | 5 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Wingate Management Co. LLC* | $4,028 |
| Bell Partners Inc. | $3,515 |
| Wingate Companies | $2,871 |
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Bedroom Breakdown in Jamaica Plain
Jamaica Plain neighborhood apartments rents
The rental market for studios in Jamaica Plain, Massachusetts is showing signs of growth. In July 2023, there were two new studio listings, which is a 14.8% increase from the previous month. The median rent for studios in July 2023 was $3,502, which is a 14.8% increase from the median rent in June 2023 of $3,050. This indicates that the rental market for studios in Jamaica Plain is on the rise, and renters should expect to pay more for studios in the area.
The rental market for 1-bedroom apartments in Jamaica Plain, Massachusetts is showing signs of growth. In July 2023, there were 10 new 1-bedroom listings, representing a 12.8% increase in rent from June 2023. The median rent for 1-bedroom apartments in July 2023 was $3,552, indicating that the rental market is becoming more competitive. With the influx of new listings and increasing rent prices, it is likely that the rental market in Jamaica Plain will continue to grow in the coming months.
The rental market for 2-bedroom apartments in Jamaica Plain, Massachusetts is showing signs of growth. In July 2023, there were 4 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 $3,842, which is a 27.3% decrease from the median rent in June 2023 of $5,288. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.