Boston rents set new record

The average rent in Boston in the fourth quarter of 2015 topped $2,000 for the first time, rising 5.5% from a year earlier, according to this report from Reis.Inc.
Meanwhile, a new Zumper report shows that the median rent for a 1 bedroom apartment in Boston in February was $2,290. The “good” news is that rents in Boston have dropped slightly of late while those elsewhere continue to rise.

Boston rents

Source: Zumper.com

If you – or somebody you know – are considering buying or selling a home and have questions about the market and/or current home prices, feel free to contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com.

Read Which broker should list my house for sale?

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

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