Boston rent is among the nation's priciest
Boston remains one of the most expensive major U.S. cities for renting an apartment heading into November, according to a new report from real estate listings and research site Zumper.
The report tracked vacant and available listings in Zumper’s own database; so, while not a complete rendering of the market, it’s a good snapshot.
And the picture is bleak for tenants and great for landlords. The median one-bedroom rent in Boston was $2,530 a month as of the end of October—the third-highest among major U.S. cities, behind only San Francisco and New York. That also represented a 5.4 percent increase from the same time in 2018.
The median two-bedroom rent was $2,930 a month, an 8.5 percent annual gain. But that total still trailed several cities, including San Fran, NYC, Oakland, San Jose, and Los Angeles. See the chart below for a bigger breakdown.