Over the past few decades, Greater Boston has recorded some of the nation’s fastest rent price growth in the country. Thanks to increasing enrollment at local universities and a growing population, rent prices have skyrocketed in many of metro Boston’s neighborhoods. This trend has affected the entire metropolitan area, not just the city of Boston.
Renters can find more affordable apartments in the suburbs away from the city center in some areas. However, some of Boston’s suburbs are in very high demand and are every bit as expensive as Boston proper. In this article, we’ll have a look at the most expensive Boston suburbs to rent an apartment.
Cambridge
The average rent price in Cambridge, MA ($3,368) is the highest among suburbs alongside Brookline. Cambridge has the highest 1 bedroom and studio average rent price. Cambridge apartments rank as the second highest 2, 3 and 4 bedroom average compared to all areas outside Boston. Cambridge has a massive draw of people that want to work and live there due to the proximity of technology positions and high paying careers.
| CAMBRIDGE | Average Rent Price | Rank |
|---|---|---|
| Studio Apartment | $2,276 | 1 |
| 1 Bedroom | $2,692 | 1 |
| 2 Bedroom | $3,344 | 2 |
| 3 Bedroom | $4,069 | 2 |
| 4 Bedroom | $4,971 | 2 |
Cambridge sits just north of Boston across the Charles River. Home to world class educational institutions like Harvard and MIT, Cambridge holds a reputation as its own entity independent of Boston. More recently, Cambridge has been a magnet for innovation and entrepreneurship, attracting many new businesses in the across and ever growing and diversified tech economy. Residents enjoy a diverse community with plenty of green space and outdoor activities. Downton Boston is easily accessible from Cambridge on the Red Line.
Brookline
With an average rent price of $3,350, Brookline is the second most expensive suburb to rent an apartment in metro Boston.