Report: The cost to rent a two-bedroom apartment in Boston has increased 8.5 percent
Boston ranked third in the US for the priciest rents. What other New England city made the top 20? Read more at realestate.boston.com.
The Boston area is the third most expensive place for renters, according to a report the Zumper listing site released Monday. Only San Francisco and New York City ranked higher.
In metro Boston, the median price of a one-bedroom unit rose 5.4 percent year over year to $2,530, while the cost of a two-bedroom jumped 8.5 percent to $2,930, according to the report.
Providence came in at No. 18 on the list. The median rent for a one-bedroom in the Rhode Island capital remained stable at $1,480, while the cost for a two-bedroom increased 3.7 percent year over year to $1,700.
Nationally, rents have also increased. The median rents for one- and two-bedroom units are up roughly 2.5 percent year over year — to $1,237 and $1,480, respectively.
These are the priciest cities for renters, according to the report:
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