#bostonrentalmarket

[bostonrealestate]

2023 Boston Apartment Rental Market Report

As of the first week of January, Boston’s apartment rental market seems to picked up right where it left off in 2022. Boston’s average rent price continues to push to new record highs with each passing week while apartment inventory is at an all-time low for January. Even as economic conditions have worsened and rent prices have declined nationwide, Boston rents have continued to climb due in part to the historically low new apartment supply we’re experiencing. Still, rent price growth has rapidly decelerated over the past few months in Boston. Based on current energy and fiscal policies, an economic resurgence is unlikely to happen any time soon. The problematic and confusing economic policies coupled with inflation also suggest that Boston’s rent prices are about to stagnate and possibly fall. Let’s take a closer look at the main trends driving Boston’s apartment rental market in 2023. Click to view full article: 2023 Boston Apartment Rental Market Report

[bostonapartments]

2023 Boston Apartment Rental Market Report

As of the first week of January, Boston’s apartment rental market seems to picked up right where it left off in 2022. Boston’s average rent price continues to push to new record highs with each passing week while apartment inventory is at an all-time low for January. Even as economic conditions have worsened and rent prices have declined nationwide, Boston rents have continued to climb due in part to the historically low new apartment supply we’re experiencing. Still, rent price growth has rapidly decelerated over the past few months in Boston. Based on current energy and fiscal policies, an economic resurgence is unlikely to happen any time soon. The problematic and confusing economic policies coupled with inflation also suggest that Boston’s rent prices are about to stagnate and possibly fall. Let’s take a closer look at the main trends driving Boston’s apartment rental market in 2023. Click to view full article: 2023 Boston Apartment Rental Market Report

[prosourcemedia]

Boston’s apartment rental market has gone on a wild ride over the past 2 years. Before the pandemic, rent prices were at all time highs while we experienced some of the lowest apartment availability on record.

[the-in-news]

So what are the factors to consider in choosing Boston rentals?

[lynnezekisrealestate]

South Facing Loft Rental! 1300 sq ft | 2 bed | 2 bath | garage parking | amazing common roof deck is waiting for you ! #rentalproperty #bostonrentals #bostonrentalmarket #loftstyle #loftrental #lotrentals #bostonapartments #bostonapartment #southbostonrentals #seaportboston #seaportrentals #douglasellimanma #ellimanma #elliman #lynnezekisrealestate #makingsenseofrealestate (at 36A Loft)

[flixtor21]

Local Guide to Finding Off Campus Apartments in Boston

Local Guide to Finding Off Campus Apartments in Boston sites.suffolk.edu/onlinelearnb... Boston’s apartment rental market is competitive, but also highly cyclical. Knowing when to look could be the difference between getting an apartment you love and settling for something else. This article will give you some local insights on how to do it right. Boston Apartments

Boston Apartment Availability

Boston Rental Market

#BostonApartments,#BostonApartmentAvailability,#BostonRentalMarket

[bostonapartments]

2023 Boston Apartment Rental Market Report

As of the first week of January, Boston’s apartment rental market seems to picked up right where it left off in 2022. Boston’s average rent price continues to push to new record highs with each passing week while apartment inventory is at an all-time low for January. Even as economic conditions have worsened and rent prices have declined nationwide, Boston rents have continued to climb due in part to the historically low new apartment supply we’re experiencing. Still, rent price growth has rapidly decelerated over the past few months in Boston. Based on current energy and fiscal policies, an economic resurgence is unlikely to happen any time soon. The problematic and confusing economic policies coupled with inflation also suggest that Boston’s rent prices are about to stagnate and possibly fall. Let’s take a closer look at the main trends driving Boston’s apartment rental market in 2023. Click to view full article: 2023 Boston Apartment Rental Market Report

[bostonapartments]

Lowest September Vacancy Rates on Record in Boston Following 9/1 Leasing Rush

Boston’s apartment rental market looks much different this September than it has in recent years. Following a rental season where the city recorded some of the lowest supply figures on record, Boston’s vacancy rate currently sits at .46%, a record low for September. That figure is down -76.65% year-over-year and only marks a +64% increase since last month. Typically on 9/1 in Boston, the vacancy rate surges as previous tenants vacate their leases. Nearly half of leases for Boston apartments begin on 9/1 due to the unusually large student population. In 2019 and 2020, the monthly-over-month vacancy rates jumped by +298.25% and +329.85% respectively in the first week of September, which was considered normal. Now in the last two years, Boston’s vacancy rate went up by much lower margins. Last September, the month-over-month vacancy rate jumped by a much smaller +55.97%. In the first week of this month, that month-over-month increase was even smaller at +47.06%. Last year could easily be attributed to the fact that Boston’s rental market was recovering from the rental supply calamity of the pandemic. But this year’s smaller vacancy jump may prove that this trend is here to stay. Click to view full article: Lowest September Vacancy Rates on Record in Boston Following 9/1 Leasing Rush

[bostonapartments]

Boston Apartment Rental Market Mid Year Report

We are halfway through 2022 and the apartment rental market in Boston has never looked stronger. Apartment inventory levels are at historic lows while average rent prices continue to break through all-time highs with each passing week. Even more impressive, we’re just 14 months removed from when the Real-Time Availability Rate (RTAR) of Boston apartments surged to an unprecedented 13% due to COVID lockdowns, remote work, and distance based learning. To call it a market turn-around would be an understatement. Words can not properly encompass how fast we watched demand pour right back into the Greater Boston housing market. Boston Apartment Availability Hovers at Historic Lows Boston’s current RTAR is at a mind numbingly low 3.38% and trending downwards. That marks a -68.50% drop in apartment availability year-over-year and a -32.53% decrease from its pre-pandemic level in June 2019. What that means for renters in Boston is that they are seeing nearly a third less available apartment inventory in 2022 than they were prior to COVID. Click to view full article: Boston Apartment Rental Market Mid Year Report

[bostonapartments]

5 Neighborhoods with the Lowest Rate of Available Boston Apartments

Renters in the city of Boston are familiar with the difficulties of searching for Boston apartments, but inventory has reached even lower levels this year. In a previous article, we discussed the 5 neighborhoods with the most Boston apartments available. That is, with the highest Real-Time Availability Rates (RTAR) and therefore apartment options. The RTAR is a great way for future renters to plan as it allows them to know the availability of Boston apartments today or in several months’ time. However, you may still be having some trouble with your home search if you’re looking in certain parts of the city. Here are 5 Boston neighborhoods with the lowest RTAR, and where renters may be noticing they don’t have as many opportunities. Click to view full article: 5 Neighborhoods with the Lowest Rate of Available Boston Apartments

[prosourcemedia]

Boston's apartment rental market is competitive, but also highly cyclical. Knowing when to look could be the difference between getting an apartment you love and settling for something else. This article will give you some local insights on how to do it right.

[prosourcemedia]

Boston's rental market has absorbed almost 90% of its available apartment supply since March. See what's driving this trend!