Beacon Hill Apartments Boston

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All Beacon Hill apartments ranked Newest to Oldest Listings for fall 2021

Most of the country is experiencing increases in their apartment inventory, but not Beacon Hill apartment rentals.  This is why I think our frenzy could – and should – be as hot today as it was in the past, but they’re just aren’t enough Boston Beacon Hill apartments to rent. We’re back to our old ways where the tenant is paying some or all of the Boston real estate broker fees.

The count of active listings is half of what it was last year at this time!

1

Beds

1 | 1

Baths

550

SqFt

1

Beds

1 | 1

Baths

99,999

SqFt

4

Beds

1 | 1

Baths

1,500

SqFt

© 2021 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at November 25, 2021 3:28 PM ET

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What was the number of Boston Beacon Hill apartments rented in the 3rd Q 2021?

244 Beacon Hill apartments were rented in the 3rd Q 2021

What was the average living area of a rented Beacon Hill apartment?

The average living area of a Boston Beacon Hill apartment is 597 sq ft.

What was the avg list price of a Beacon Hill apartment in the 3rd Q 2021?

The avg list price was $2,873 for a Beacon Hill apartment

What were the average days on the market for a Beacon Hill apartment in the 3rd Q 2021?

38 days on the market before being rented

What was the average rented price of Beacon Hill apartment in the 3rd Q 2021?

The average rented price was $2,870.00 for a Beacon Hill apartment in the 3rd Q 2021

How many Boston Beacon Hill apartments are avail Fall/Winter 2021?

After September 1st the number of Beacon Hill listings drop dramatically, The average number is 25 listings or below.

In late 2020, Beacon Hill real estate companies determined that tenants in Beacon Hill were paying an average of $2.900 per month to live in America’s Finest neighborhoods. This represented an increase of nearly 4 percent compared to the fourth quarter of the previous year. This situation isn’t as alarming as what’s happening in other places in Downtown Boston. 

Rent Control Laws Won’t Make Rents Go Down in Beacon Hill

Mayor Walsh and other Boston politicians have debated various rent control measures that will likely be implemented in the future, but this doesn’t mean rents will go down in Beacon Hill. 

The Beacon Hill Apartment Rental Market Will Self-Adjusted

It’s important to note that rent control legislation only applies to increases in the value of lease contracts, but landlords have gone the route of their counterparts in other cities.  Instead, Beacon Hill landlords have eased up on rent increases because they realize many tenants feel rents are high enough to begin with. Still, even if rent control goes into effect, rents are likely to continue to increase as high as the cap will allow.

Beacon Hill Apartment Demand Will Likely Keep Rising

The high quality of life and employment opportunities will continue to attract renters to Beacon Hill, particularly the downtown districts, where they’re more likely to get more for their rental dollars. While a condominium unit in a luxury tower—complete with a rooftop deck, swimming pool, a modern fitness center, concierge service, and panoramic balconies—will probably rent for a lot higher than the median price, it will still be a better deal compared to a single-family residence in a gated community.

Buying a Condo May Make More Sense Than Renting

Economists will tell you there are only a few situations in which Boston condo buyers come out ahead of renters. The perfect situation that tips the scales in favor of Boston condos buyers can be found in downtown Boston now, with its high quality of life, low unemployment, high rental demand, and a housing market on the rise. For many Boston homeowners of condos and lofts in downtown Boston are more affordable than single-family residences, and they’ll always have the opportunity to become landlords, as long as the bylaws of their condo associations allow it.

If you’re tired of paying ever-increasing rent, buying now maybe your best option. If you’re looking to buy Beacon Hill real estate, downtown should at the top of your list of areas to check out. Reach out to the agents at Ford Realty—the experts on downtown Boston condos—to help you find your perfect home. Give us a call today at 617-595-3712.

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