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Is it a good time to rent a Beacon Hill apartment?

The Boston real estate market, we are fond of saying; “Now is a good time to buy”, but there have been better times to buy like in 2009 for instance.  Even though interest rates are low prices are sky high and rising and there is a scarcity of homes for sale, especially in the Boston suburbs

A couple of years ago it was actually cheaper to buy than to rent. I have some clients who took advantage of that and are now homeowners.

Right now the vacancy rate in Beacon Hill for rentals is near record-high vacancies, and landlords are willing to negotiate. Renting might also be a better option for people who really want to move this year, but can’t find a Beacon Hill condo for sale in their price range.

Beacon Hill Apartment Rental Data 2021

What is the number of Beacon Hill apartments for rent in Spring/Summer 2021?

The number of Beacon Hill apartments for rent on MLS is 163

What is the least expensive Beacon Hill apartment for rent in 2021?

The least expensive Beacon Hill apartment is $1,200 per month

What is the highest price of a Beacon Hill apartment in 2021?

The highest price of a Beacon Hill apartment in 2021 is $28,000 per month.

What is the average price of a Beacon Hill apartment in 2021?

The average price of a Beacon Hill apartment in 2021 is $2,500 per month

What is the average living area for a Beacon Hill apartment?

The average living area for a Beacon Hill apartment is 600 sq ft.

Boston Real Estate 

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