Just in time for the beginning of the September 1st apartment hunt, rental platform Zumper is here to break down the city’s rent prices over this winter.
After examining 27 neighborhoods across the city, a new Zumper study found that Jamaica Plain and East Boston had the fastest growing rents since the last financial quarter. Jamaica Plain saw a 10 percent increase to a median one-bedroom rent payment of $2,100 per month, while East Boston saw a seven percent increase to $1,800 per month.
Meanwhile, Dorchester and the South End experienced the biggest drops in rent prices over the winter. The neighborhoods dipped 8 percent and 6 percent respectively.
And what used to be the most expensive neighborhood in the city is no longer—the South Boston waterfront held that title until this quarter. Now, Downtown Boston is the most expensive place to live at $2,980 per month, while the South Boston waterfront is just $10 cheaper at $2,970 per month.
Overall, the city’s priciest areas are clustered around Chinatown, the West End, and Back Bay. Zumper identified the most affordable spots to live—meaning neighborhoods with average rent prices under $2,000 per month—as Allston, West Roxbury, and Mission Hill.
You can click on and hover over the full breakdown below.
Source URL: https://www.bostonmagazine.com/property/2018/02/20/jamaica-plain-east-boston-fastest-growing-rents/
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