Allston’s median one-bedroom apartment rent climbed the steepest among Boston neighborhoods in the fall of 2018, according to a new report from real estate listings site Zumper.
The analysis tracked vacant and available units, so it’s a pretty fair indicator of the state of the market as it eases toward 2019.
Allston’s median one-bedroom rent was up 7.5 percent, to $2,150 a month, compared with the same period in 2017. Tiny Bay Village saw the second steepest rise: 5.88 percent to $2,700 a month.
Dorchester and Roxbury saw the sharpest median one-bedroom declines—the former’s down 12.2 percent, to $1,800, and the latter’s down 11.5 percent, to $1,610.
In general, the Zumper report for the end of fall 2018 painted a picture familiar to most Boston tenants and prospective tenants: In a word, expensive. This is despite many Boston neighborhoods experiencing either flat year-over-year median one-bedroom rent increases or rents that declined slightly, according to Zumper.
For instance, the least expensive medians were in Mattapan and Roslindale—but those were $1,570 and $1,600, respectively. What are you seeing out there?
- Boston apartment rents: Why they’re so high [Curbed Boston]
- Exploring Bay Village, Boston’s smallest official neighborhood [Curbed Boston]