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Robert Byrne Senior Vice President Marketing Back Bay | Beacon Hill | South End robert.byrne@otisahearn.com |
Boston Back Bay rental rates in 2011
Are you going to be in the market for a Downtown Boston rental apartment in 2012? Here is a quick snapshot of what happened in the Back Bay in 2011 from the available data in the MLS/Pin multiple listing service:
On average expect the cost per square foot in 2011 was $3.75, with the average unit size right at 960 square feet. Want to live in a full service building? Here are three with their average cost per square foot: Trinity Place $4.98-PSF, One Charles $4.02-PSF and The Mandarin came in at $6.85 PSF. Keep in mind that the average unit in the Mandarin was over 2500 square feet so you would be paying north of $17,000...per month.

