Boston rents stay flat in april amidst coronavirus
It’s too early to tell what effects, if any, the novel coronavirus pandemic is having on the Boston apartment market. If anything, it would appear as March clicks over to April that the outbreak is having no effect at all. Sums are still high, in other words.
That’s according to a new Zumper report tracking the median one- and two-bedroom apartment rents in major U.S. cities. The report tracks vacant and available units in the site’s own database, so, while it’s not a complete picture of the market, it’s a solid snapshot.
And what is it exactly? The median one-bedroom apartment rent in Boston as of April 1 was $2,500 a month, up 4.2 percent from April 2019, but unchanged from March. The median two-bedroom rent was $2,900, up 5.5 percent annually but also flat from March.