"The Massachusetts median one-bedroom rent was $2,220 in December, with Brookline the most expensive at $3,040, followed by Cambridge at $2,990 and Boston at $2,880. The most affordable city in the region was Manchester, New Hampshire, with one-bedroom prices at $1,700, followed by Massachusetts cities Brockton ($1,740), and Worcester and Lowell (both at $1,760). On the flip side, Portsmouth, New Hampshire, had the fastest-growing rent for one-bedrooms, up 18.5% since this time last year."
"Medford, located just north of Boston, was the second-fastest-growing, with rents up 8.8% from last year; Brockton placed third with a 5.5% increase. However, Quincy saw the most significant rent decrease at 6.8%, followed by Lowell at 6.4% and Somerville at 6.2%. It is important to note that Somerville remains one of the most expensive places to live, with one-bedroom rents at $2,580 per month, while Quincy is $2,330 per month."
"Nationally, in Zumper's November report, Boston ranked fourth most expensive for one-bedroom apartments, down from third the previous year. The city was behind New York, NY ($4,330), San Francisco, CA ($3,500), and Jersey City, NJ ($3,000). Zumper compiled data from the site's active listings that went live over the last month, including a few thousand listings per city. Headquartered in San Francisco, the private company - founded in 2012 - uses the tagline "making renting a home as easy as booking a hotel.""
Massachusetts median one-bedroom rent was $2,220 in December. Brookline was the most expensive at $3,040, followed by Cambridge at $2,990 and Boston at $2,880. The most affordable city in the region was Manchester, New Hampshire, at $1,700, followed by Brockton ($1,740) and Worcester and Lowell (both $1,760). Portsmouth posted the fastest one-bedroom rent growth at 18.5% year-over-year; Medford rose 8.8% and Brockton 5.5%. Quincy, Lowell, and Somerville recorded the largest declines at 6.8%, 6.4%, and 6.2% respectively. Nationally, Boston ranked fourth most expensive for one-bedrooms. Zumper compiled data from active listings and is headquartered in San Francisco.
Read at Boston.com
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