Rental market snapshot for South Boston, Boston
South Boston rental market summary
The rental market in South Boston, Massachusetts is showing signs of growth. In July of 2023, there were 999 new listings, indicating an increase in the number of rental properties available. The median rent for the month of July 2023 was $3,915, a slight increase of .4% from the previous month. This is a 3.0% increase from the median rent in July of 2022, showing that rental prices are steadily increasing in South Boston.
Overall, the rental market in South Boston is looking positive. With an increase in the number of rental properties available and a steady increase in rental prices, it is a great time to consider renting in South Boston. With the current market conditions, renters can expect to find a variety of options at competitive prices.
Median rent for all residential properties in South Boston
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The most expensive listings and top trending buildings in South Boston
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 131 Seaport Blvd | $14,066 | 3 / 3.0 |
| 131 Seaport Blvd | $12,710 | 3 / 3.0 |
| 514 E Broadway | $12,000 | 4 / 2.5 |
| 133 Seaport Blvd | $11,000 | 2 / 2.5 |
| 10 Farnsworth St | $10,500 | 3 / 2.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| CW Corporate Services LLC | $5,625 |
| LPC RentCafe CRM | $4,680 |
| Greystar Real Estate Partners LLC | $4,605 |
| United Dominion Residential Communities | $4,411 |
| Greystar* | $4,403 |
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Bedroom Breakdown in South Boston
South Boston neighborhood apartments rents
The rental market for studios in South Boston, Massachusetts is showing a slight decrease in rent from June to July 2023. In July 2023, there were 26 new studio listings, with a median rent of $3,378, which is a 1.0% decrease from the median rent of $3,413 in June 2023. This suggests that the rental market for studios in South Boston is becoming more competitive, with more options available for renters.
The rental market for 1-bedroom apartments in South Boston, Massachusetts is showing signs of growth. In July 2023, there were 26 new 1-bedroom listings, a 4.0% increase in median rent from June 2023 to July 2023, and a median rent of $4,281. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in South Boston, Massachusetts is showing signs of growth. In July 2023, there were 18 new 2-bedroom listings, a 2.3% increase in median rent from June 2023 to July 2023, and a median rent of $5,814. This indicates that the rental market for 2-bedroom apartments in South Boston is becoming more competitive and that demand is increasing.