Boston Rents Rise in Some Neighborhoods, Fall in Others As City Drops to 4th Most Expensive Rental Market
• Rents rising in many Boston neighborhoods like Fenway, North End, Hyde Park; falling in some like South Boston, Dorchester • Boston dropped to 4th most expensive US rental market behind NYC, Jersey City, San Francisco • Cambridge remains most expensive place to rent in Mass.; Holyoke, Pittsfield most affordable • Studio apartment rents up 11% in Mass. year-over-year; 1-bedrooms flat • Peak rents in February 2024 $2,800 for 1-bedroom in Boston; $2,992 in Cambridge