Our pals at real estate search engine Zillow are out with a new rental report for Greater Boston, and it shows... you guessed it... rising rents. In Boston, for instance, the estimated median monthly rent for all homes, available or otherwise, (what Zillow calls its Zillow Rent Index) was up 9.1 percent annually in the first quarter to $2,380. (Within Boston, Hyde Park saw the biggest neighborhood spike: 21.3 percent, and the always-coveted Back Bay inched up 4.1 percent.) In Cambridge, the median rent was up 6.4 percent to $2,541. In Newton, actually, there was a slight drop of 4.2 percent to an affordable $2,787.
The priciest areas to rent an apartment in the Hub by the end of March were the following, based on the estimated median monthly rent for all homes:
· Chinatown $3,491
· Back Bay $3,336
· Beacon Hill $2,954
· Newton $2,787
· the North End $2,780
· Brookline $2,775
· Charlestown $2,732
· East Cambridge $2,687
· Cambridgeport $2,602
· Riverside (Cambridge) $2,513
And, now, the least expensive areas:
· Allston $2,260
· Hyde Park $2,217
· Kenmore $2,204
· North Dorchester $2,079
· Mattapan $2,038
· Brighton $1,984
· East Boston $1,926
· Revere $1,853
· Everett $1,789
· Chelsea $1,779
· Our Rent Check archive [Curbed Boston]
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