Ranking just after San Francisco and New York City, Boston was the 3rd most expensive rental market in the nation this month. The price of one bedroom units grew 1.4% to a median of $2,250, while two bedroom units jumped 4% to $2,600.

Ranging between $2,700 – $3,150 a month for one bedroom units, Downtown Boston, D Street – West Broadway, and Back Baywere the most expensive Boston neighborhoods this fall. Mid-range priced rentals for less than $2,300 could be found in Telegraph Hill, Columbus Park – Andrew Square, and Brookline Village.

Just across the river, East Cambridge ($2,750), MIT ($$2,650), and Cambridgeport ($2,600) were the priciest rental areas in neighboring Cambridge.

To see how Boston rents compare with the rest of the nation’s, view our October National Rent Report, which analyzes over 1 million active listings to identify rental trends across the 100 largest U.S. cities.

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