Rental market snapshot for South Boston, Southampton

South Boston rental market summary

The rental market in South Boston, Massachusetts has seen a slight increase in median rent from July 2022 to July 2023. The median rent in July 2023 was $3,975, a 0.6% increase from the median rent in July 2022 of $3,950. This slight increase is likely due to the influx of new listings in the area, which saw a total of 150 new listings in July 2023.

The median rent in South Boston also saw a 7.4% increase from June 2023 to July 2023, rising from $3,700 to $3,975. This increase could be attributed to the summer season, as more people are likely to be looking for rental properties during this time. With the addition of the 150 new listings, the rental market in South Boston is likely to remain competitive for the foreseeable future.

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

AddressRent PriceBed / Bath
275 Dorchester St$9,0006 / 2.5
8 Kemble Pl$9,0003 / 3.5
130 P St$8,5005 / 2.0
130 P St$7,7505 / 2.0
130 P St$7,2505 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$3,113

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Bedroom Breakdown in South Boston

Studio
$2,661
MEDIAN RENT
1 Bedroom
$3,100
MEDIAN RENT
2 Bedroom
$4,500
MEDIAN RENT

South Boston neighborhood apartments rents

The rental market for studios in South Boston, Massachusetts is showing signs of growth. In May 2023, there were two new studio listings, indicating an increase in demand for studio apartments. The median rent for studios in May 2023 was $2,661, which is a 22.4% decrease from the median rent in April 2023 of $3,430. This suggests that the rental market for studios in South Boston is becoming more affordable, making it an attractive option for renters.

The rental market for 1-bedroom apartments in South Boston, Massachusetts is showing signs of growth. In May 2023, there were 6 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in May 2023 was $3,100, which is 8.2% lower than the median rent in April 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 South Boston is looking positive.

The rental market for 2-bedroom apartments in South Boston, Massachusetts is showing signs of growth. In July 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 25.0% from June 2023 to July 2023, from $3,600 to $4,500. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in South Boston is $3,975.
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