Colliers International Boston | Research Matters

BOSTON APARTMENT MARKET

  • Living in Boston or Cambridge is an expensive endeavor, and with luxury rentals dominating recent construction activity here, it’s not surprising that rents have been on the rise.
  • According to the CoStar Group, asking rents for one bedroom apartments in Boston and Cambridge expanded by 11.5% and 9.6% over the past two years, respectively.
  • The map below depicts data from Zumper – indicating the highest lease rates can be found in the Downtown Boston, MIT, Chinatown-Leather District and D-Street-West Broadway neighborhoods.