Where are the Boston renters?
Boston Condos for Rent
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Where are the Boston renters?
These Boston renters are looking to move, but not too far away
Data suggests that many Boston renters may want to move, but the top destinations they’re considering aren’t too far away. (Image courtesy of Apartment List)
Data suggests that many Boston renters may want to move, but the top destinations they’re considering aren’t too far away.
That’s according to a study from Apartment List that analyzed user search data. The rental marketplace company’s research team found that 37% of registered Boston-based users searched for an apartment outside the city in 2025.
Several markets caught the attention of these prospective movers, with Providence, Rhode Island, Worcester and Manchester ranking as the top three choices.
Of users searching for Boston apartments, 34% hailed from out of town. Prospective renters from New York, Worcester and Washington, D.C., made the most inbound searches.
Notably, Apartment List based its study on searches rather than completed moves. But whether searchers made the move or not, their preferred destinations remained close to home.
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The one thing that seems to be missing in the current Boston real estate market is Boston renters. The following is a breakdown of current apartments for rent, in Beacon Hill for September 1st:
- Beacon Hill – 100 apartments avail in 2018 today there are 275 apartments for rent.
Is Boston Affordable for Apartment Renters
According to MIT’s Department of Urban Studies and Planning, roughly two-thirds of all Boston residents are renters, and many find it difficult to find an affordable place to live.
Median gross rents rose nearly 5% between 2009 and 2015, while the inflation-adjusted median household income of Boston renters decreased by about 4%. More than half of all renters were paying more than half of their income for rent in 2014.
