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A cobblestone lane in Boston’s Beacon Hill neighborhood (2005)

Housing

Home prices and rent in Boston

Median home values, rents and incomes from the U.S. Census Bureau, compared with Massachusetts and the U.S.

Census geography: Boston city, Suffolk County, Massachusetts. These survey estimates are not current listing prices.

Median home value$731,700+0% since 2024
Median rent$2,147/mo+0% since 2024
Household income$97,344Home value is 7.5× income
Owner-occupied homes36%310,625 homes

Boston vs. Massachusetts and the U.S.

BostonMassachusettsU.S.
Median home value$731,700$562,100$332,700
Median rent (monthly)$2,147$1,762$1,413
Median household income$97,344$103,960$80,734
Homes owned by occupants36%63%65%
Median year built194719641980

Questions

What is the median home value in Boston?

$731,700, according to the Census Bureau’s 2024 American Community Survey (5-year estimates), compared with $562,100 in Massachusetts and $332,700 nationally.

How much is rent in Boston?

Median gross rent (rent plus utilities) is $2,147 a month, versus $1,762 statewide.

Are these current market prices?

No. They are survey medians from the Census Bureau, based on a five-year survey period, so they lag today’s listings. They are the most consistent way to compare places and track change over time.

U.S. Census Bureau, American Community Survey 5-year estimates (2024), Boston city, Suffolk County, Massachusetts. Values are estimates with margins of error.

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