Boston is the 15th largest multifamily market with 248,959 completed units and 87,075 units in development, 17,222 of which have already broken ground, as of June 2022.
Boston Multifamily Market Summary – June 2022
New lease asking rents are at $2,669, up 12.8%▲
from the previous year placing Boston at 52nd
overall in year-over-year rent growth.
Boston Multifamily Market Summary – May 2022
New lease asking rents are at $2,623, up 12.8%▲
from the previous year placing Boston at 56th
overall in year-over-year rent growth.
Boston Multifamily Market Summary – March 2022
New lease asking rents are at $2,553, up 12.5%▲
from the previous year placing Boston at 61st
overall in year-over-year rent growth.
Boston Multifamily Market Summary – April 2022
New lease asking rents are at $2,611, up 13.9%▲
from the previous year placing Boston at 45th
overall in year-over-year rent growth.
Boston Multifamily Market Summary – January 2022
New lease asking rents are at $2,517, up 12.1%▲
from the previous year placing Boston at 67th
overall in year-over-year rent growth.
Boston Multifamily Market Summary – February 2022
New lease asking rents are at $2,531, up 12.9%▲
from the previous year placing Boston at 58th
overall in year-over-year rent growth.
Boston Multifamily Market Summary – December 2021
New lease asking rents are at $2,514, up 11.9%▲
from the previous year placing Boston at 54th
overall in year-over-year rent growth.
