Boston can be an expensive city to rent in. Many people have to come up with creative ways to earn or save money to afford Boston’s high housing costs. However, have you ever thought to look at the average rent by MBTA T stop? Rents drastically change by their approximate to the MBTA.
So, if you are looking to move this year, you should use this map created by RentHop for their annual report on average rent prices along the MBTA Red, Blue, Orange and Green lines. Sorry Silver Line, but are you really a subway? That’s a topic for another day.
According to the RentHub report, the median rent for a one-bedroom in Boston went up 3.6% from 2019 to 2020. Rents by 88 MBTA T stops increased and rents by 27 MBTA T stops dropped between 2019 and 2020. Only 6 Stops had no change in median rent prices.
The MBTA Green Line saw some large rent increases. The median rent went up by 10% by Boston University East and BU Central. Rents also went up by 8% by Fenway Station. Heath Street also saw a major 14.6% increase in median rent as new developments are constructed. Haymarket on the Green and Orange Lines also saw major rent increases.
The MBTA stations that had the largest rent decreases near them were Eliot, Prudential, Longwood Medical Area, and Brigham Circle on the Green Line as well as Roxbury Crossing on the Orange Line. So, depending on where you live on the Green Line, you could be paying a lot or be saving some cash.
Apartment hunting in Boston can be difficult, but it is a little easier when you know where to start searching. RentHop's map shows you the average rent by each MBTA station to help you know where to start apartment shopping!
We recommend viewing the full map on a desktop computer. Below is a condensed map for mobile and an interactive map for desktop.
Read the full RentHop report at: https://www.renthop.com/studies/boston/where-does-the-train-of-rising-rents-stop-in-boston-2020