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Boston has one of the most expensive rental markets in the country, according to research published by Boston Agent Magazine.
More than half of the one-bedrooms for rent are at least $2,000 a month and two bedrooms are mostly $2,500 a month or more.
This price then goes up depending on what Boston neighborhood you're renting in, with the median price getting up to $3,045 for a one bedroom in Chinatown or the Leather District.
Despite the high-end prices, the Boston housing market hasn't slowed down, with sales up from 2015. However, there has been disagreements on whether or not rent prices really do affect homeownership.
Below are the 10 most expensive rental markets based on median rent price and percentage of one bedrooms that are renting for over $2,000:
| Neighborhood | % of 1-bedrooms renting for $2,000+ | Median rent price |
| Chinatown/Leather District | 96.3% | $3,045 |
| 92.9% | $2,515 | |
| Downtown Boston | 90.5% | $2,928 |
| Back Bay | 85.9% | $2,500 |
| South End | 81.4% | $2,500 |
| Bay Village | 75.4% | $2,400 |
| Beacon Hill | 74.5% | $2,275 |
| Charlestown | 73.1% | $2,300 |
| Fenway/Kenmore | 67% | $2,200 |
| South Boston | 61.9% | $2,200 |
For more information about available rentals in any of these neighborhoods contact us at leasing@advisorsliving.com!
