The Ultimate Renter's Guide to Boston
Boston is a fun and vibrant city to live in, and it experiences all four seasons and has plenty of outdoor space plus some greats bars and nightlife. Take a look at our renter’s guide to learn more about renting in this city, where the average rent is $2,955.
Boston has some of the United States’ most successful sports teams, plus there are always events going on in this lively city. It is home to many prestigious universities, and it’s a startup hub and an innovation center. Due to all of these wonderful characteristics and the fact that so many people want to live here, finding affordable rent in Boston is no easy feat.
Neighborhoods and areas
Cambridge
Cambridge has a range of prices for those looking to rent. Like anywhere, it depends on the apartment’s proximity to the T as well as the number of roommates and apartment quality. Cambridge is a fun area with a lot of young people. There are plenty of bars, clubs, great restaurants, and music venues to visit. You’re also not too far from downtown Boston. Try looking a little farther out, around David Square, and move in with a couple of roommates to save money.
Somerville
Movie Theater, Theater
Coolidge Corner
Downtown
South Boston and the Seaport
On the other hand is the Seaport neighborhood. This vibrant place is amazing in the summertime. Right along the water and piers, there are great eateries and harborside bars. In the winter, it can get windy and cold. Known as the Innovation District, it’s growing quickly with new buildings going up every year and even more in development. Many of the apartments around here are in luxury apartment buildings that are beautiful and offer great amenities. If that’s not in your budget, you can still look around for occasional deals. A lot of buildings are offering one month of free rent, or two, as incentives for new renters.
Real estate tips
Renting in Boston isn’t easy to do. Many experts suggest that the high rental costs will go down eventually because the “bubble” will pop – i.e. the rent can’t keep rising this much forever. For now, follow these tips:
Most leases in Boston will have a high broker’s fee, which is usually the cost of an entire month’s rent. Be prepared for this. If it’s an apartment you really love, and you’ll be there a few years, it may be worth it. However, if you are only staying there for one year, consider going directly through an apartment building or look for listings without brokers as it can be a great way to get around that expense and save some money.
September 1st is the busiest lease cycle in Boston. Moving around this time can be crazy, and good places go fast. Sometimes it’s best (as a renter) to not look during this busy month. Finding a place won’t be so competitive, and you may find a better deal.
Move in with roommates. Adding on roommates can save you a lot of money, depending on the neighborhood. Consider this when you’re embarking on your apartment search.
Be sure that your apartment is inspected, safe, and up to code. Make sure you have a good landlord you can trust, and check that the fire alarms are all in working shape. You have rights as a renter, and they should be met.
Happy apartment hunting! You can look on craigslist for some good deals, but Zillow is another popular apartment search tool.