The Beacon Hill rental market is all about concessions and more concessions. Which makes it more favorable for renters (more available units than demand to fill these units), landlords may offer concessions to entice renters to pick their property.

Beacon Hill Apartments and the Pandemic

The pandemic combined with historically low-interest rates and work from home mandates fueled the path to homeownership for Millennials in the downtown Boston real estate market. A perfect storm was created as renters became buyers and also choosing the suburbs.

Beacon Hill Lower Rents

Despite significant Beacon Hill apartment rent decreases the over-supply of available units make this a renter’s market.  Currently even these lower prices aren’t luring an abundance of renters to sign leases. 

Boston Real Estate and the Bottom Line

Some of the most common concessions include a month of free rent, which is likely prorated and offered as a discount each month, access to luxury amenities at a reduced or no charge, reduced security deposits, longer or shorter lease terms, free parking or upgraded features.  

Today’s Beacon Hill Apartment Picks

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22 Results
1
Beds
1
Baths
427
SqFt
 
 
#72885119 | Rental
 
1
Beds
1
Baths
99,999
SqFt
 
 
#72894584 | Rental
 
2
Beds
1
Baths
9,999
SqFt
 
 
#72894018 | Rental
 
2
Beds
1
Baths
9,999
SqFt
 
 
#72894012 | Rental
 
1
Beds
1
Baths
575
SqFt
 
 
#72893824 | Rental
 
0
Beds
1
Baths
260
SqFt
(11)
 
 
#72893367 | Rental
 
1
Beds
1
Baths
540
SqFt
 
 
#72890950 | Rental
 
1
Beds
1
Baths
535
SqFt
 
 
#72889821 | Rental
 
0
Beds
1
Baths
550
SqFt
 
 
#72888160 | Rental
 
0
Beds
1
Baths
350
SqFt
 
 
#72888156 | Rental
 
1
Beds
1
Baths
470
SqFt
(10)
 
 
#72887491 | Rental
 
1
Beds
1
Baths
465
SqFt
 
 
#72885259 | Rental
 
1
Beds
1
Baths
500
SqFt
 
 
#72878672 | Rental
 
1
Beds
1
Baths
450
SqFt
 
 
#72878342 | Rental
 
1
Beds
1
Baths
542
SqFt
 
 
#72875467 | Rental
 
1
Beds
1
Baths
525
SqFt
 
 
#72863730 | Rental
 
2
Beds
1
Baths
450
SqFt
 
 
#72861444 | Rental
 
1
Beds
1
Baths
600
SqFt
 
 
#72861384 | Rental
 
1
Beds
1
Baths
619
SqFt
 
 
#72859964 | Rental
 
2
Beds
1
Baths
9,999
SqFt
 
 
#72857110 | Rental
 
1
Beds
1
Baths
556
SqFt
 
 
#72853709 | Rental
 
0
Beds
1
Baths
335
SqFt
(13)
 
 
#72773793 | Rental
 
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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
MLS PIN data last updated at September 17, 2021 9:26 AM ET

 

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