The average rent for an apartment in Boston is $3,970. The cost of rent varies depending on several factors, including location, size, and quality.
How much does it cost to live in an apartment in Boston?
Boston may not be quite as pricey as San Francisco or New York, but it's still expensive. According to Apartment List , a studio apartment in Boston is going for a median monthly rent of $2,637 in 2021. The median for a one bedroom apartment jumps to $3,193, while a two bedroom crosses the $3,000 threshold at $3,702.
What part of Boston has the cheapest rent?
What are the Most Affordable Neighborhoods in Boston?
- Hyde Park.
- Mattapan.
- Roslindale.
- Dorchester.
- West Roxbury.
- East Boston.
- Brighton.
- Allston.
How much money do you need to comfortably live in Boston?
A new report from SmartAsset says a single person in the Boston-Cambridge-Newton metro area has to pull in a salary of almost $80,000 a year to "live comfortably." The study is based on a theoretical budget where a person spends half their income on needs, 30% on "wants" and the rest on savings or repaying debt.
Is 50K enough to live in Boston?
If you stick to your plan of getting a roommate and living in a nearby suburb (with decent public transportation; not all off Boston's suburbs are convenient for commuters), don't eat out every night, and stick to a budget, you should be fine at $50K.
What salary do you need to live in Boston?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $39,376 | $88,684 |
| Annual taxes | $7,617 | $17,259 |
| Required annual income before taxes | $46,993 | $105,942 |
Average monthly cost of living in the US’ top 75 cities
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Rent for a 1-bedroom apartment
Utilities (electricity, water, etc.)
Internet
Gas
Food (groceries plus occasional restaurant meals)
BOSTON, MA #71 $3,211.51 pic.twitter.com/WabJmnwoad
Is 70k enough in Boston?
A new report from SmartAsset says a single person in the Boston-Cambridge-Newton metro area has to pull in a salary of almost $80,000 a year to "live comfortably." The study is based on a theoretical budget where a person spends half their income on needs, 30% on "wants" and the rest on savings or repaying debt.
Frequently Asked Questions
When the rent is the lowest in Boston?
According to RentHop, a two-bedroom apartment in Boston might be around $111 per month cheaper (or $1,332 annually) during January versus September. Similarly, a one-bedroom rented in February is 3.4 percent cheaper, or $78 less per month.
What is the cheapest neighborhood to rent in Boston?
What are the Most Affordable Neighborhoods in Boston?
- Hyde Park.
- Mattapan.
- Roslindale.
- Dorchester.
- West Roxbury.
- East Boston.
- Brighton.
- Allston.
FAQ
- Is Boston rent cheaper than NYC?
- NYC: Average Rent Price. A comparison of average rent prices in NYC vs Boston reveals an even wider price gap. The current average rent price in NYC is $3,650, which is $1000 more expensive than the monthly average rent for Boston apartments ($2,659).
- What salary do I need to live in Boston?
- Typical Expenses
1 ADULT 2 ADULTS (1 WORKING) 0 Children 3 Children Required annual income after taxes $39,376 $88,684 Annual taxes $7,617 $17,259 Required annual income before taxes $46,993 $105,942
