by Madeline Bilis | August 23, 2017 10:32 am
For a huge population of renters in Greater Boston, affording a one-bedroom apartment in the city is entirely out of reach. While some escape to greener pastures in places like Quincy and Chelsea, others retreat to the city’s outskirts in Dorchester and Roslindale.
There’s bad news, however, for the renters in the latter group. According to a new report from apartment-finding platform Zumper, Dorchester and Roslindale claim Boston’s fastest growing rents since the last financial quarter. Prices in both neighborhoods have climbed significantly—Dorchester increased 9.4 percent to a median of $2,090 per month, while Roslindale jumped 10 percent to a median of $1,750 per month.
Once havens of affordability, Dorchester and Roslindale are now inching closer in price to the North End and Fenway. Fortunately, Dot and Rozzie aren’t as pricey as the most expensive neighborhoods cited in the report. Zumper identified downtown Boston as the most expensive neighborhood to rent in this summer, with one-bedroom apartments commanding a median of $2,950. South Boston and the West End followed close behind, at $2,900 and $2,800, respectively.
The report also notes Boston is currently the fourth most expensive rental market in the country. Ready to be even more discouraged? Explore Zumper’s interactive rent map of Boston below.
Source URL: https://www.bostonmagazine.com/property/2017/08/23/dorchester-roslindale-rents/
Copyright ©2018 Boston Magazine unless otherwise noted.