Boston rents down in 2020

The median rent for a one-bedroom apartment in Massachusetts was $1,730 at the end of 2020, and rents dropped in 17 of the 24 Boston metro cities over the last 12 months, according to a new report from Zumper. Brookline and Cambridge topped the list as most expensive at $2,200 a month. Boston had the second highest median rent at $2,150, and Beverly came in third at $1,950. Cambridge saw the biggest decline in median rent over the year, dropping 20%. That’s followed by Everett, which declined 18.4%, and Waltham at 17.5%. Worcester and Manchester tied as least expensive at $1,290. Of the seven cities that experienced rent increases, Brockton and Lynn stood out as having the two most substantial increases at 19% and 15%, respectively. The post Boston rents down in 2020 appeared first on Boston Agent Magazine.

 

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Article From: "Timothy Inklebarger"   Read full article

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