Rental market snapshot for South Dorchester, Boston
South Dorchester rental market summary
The rental market in South Dorchester, Massachusetts is showing signs of growth. In July of 2023, there were 141 new listings, a 3.6% increase from the previous month. This is also a 3.6% increase from the same time last year. The median rent for the area is currently $2,900, a 3.6% increase from the previous month and the same time last year.
These figures indicate that the rental market in South Dorchester is continuing to grow and that demand for rental properties is increasing. With the increasing demand, it is likely that rents will continue to rise in the near future. This is good news for landlords and investors, as they can expect to see a return on their investments. However, it may be difficult for renters to find affordable housing in the area.
Median rent for all residential properties in South Dorchester
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The most expensive listings and top trending buildings in South Dorchester
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 76 Church St | $4,995 | 4 / 2.5 |
| 10 Parkman St | $4,500 | 5 / 2.5 |
| 43 Fox St | $3,900 | 4 / 2.0 |
| 272 Bowdoin St | $3,550 | 4 / 2.0 |
| 45 Burt St | $3,500 | 4 / 1.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Corcoran Management Company Inc. d/b/a John M. Corcoran & Co | $2,495 |
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Bedroom Breakdown in South Dorchester
South Dorchester neighborhood apartments rents
The rental market for studios in South Dorchester, Massachusetts is showing signs of stability. In July 2023, there were two new studio listings, and the median rent for studios remained relatively unchanged from June 2023, decreasing by only 4.8%. This suggests that the rental market for studios in South Dorchester is stable and that prices are not likely to fluctuate significantly in the near future.
The rental market for 1-bedroom apartments in South Dorchester, Massachusetts is relatively stable. In July 2023, there was only one new listing, and the median rent for 1-bedroom apartments decreased by 2.0% from June 2023 to July 2023, from $2,545 to $2,495. This suggests that the rental market is not experiencing any significant changes in the near future.
The rental market for 2-bedroom apartments in South Dorchester, Massachusetts is showing signs of improvement. In July 2023, there was only one new listing, but the median rent decreased by 7.8% from June 2023 to July 2023, from $3,139 to $2,895. This suggests that the market is becoming more competitive, and renters may be able to find better deals in the area.