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Blog for Boston Landlord Reviews

Archives March 19, 2013

Why is rent so high in Boston?

Why is rent so high in Boston?

As realtors, Todd and I both hear all the time why rental prices seem to increase every year. This rental season is no different. Take an ordinary one bedroom on Commonwealth Avenue in Allston near the Harvard Avenue T-stop. Crappy appliances from the 1980's, hardwood floors, heat and hot water included, mice, and a shower that doesn't seem to work during the coldest parts of the winter. Like I said, an ordinary Allston apartment that should be priced at $1000 per month, maybe $1150. This rental season, the same apartment will cost you $1550-$1600. I kid you ...