Inventory is Low, But Many Boston Apartments Are Still Available!
September 1 is quickly approaching and many renters are still searching for a Boston apartment in an extremely tight market. The real- time vacancy rate (RTVR) is now at 0.25% for the city of Boston and the real- time availability rate is 0.84%. Real estate agents all over the city are running out of properties to show, if they haven’t already. Low Inventory Syndrome (LIS) is affecting renters’ ability to find their next home. LIS is also affecting some real estate agents’ livelihoods.
Thankfully, Boston Pads partner offices have access to the largest real- time rental database in the region and still have plenty of listings to show- although it is considerably less than previous years. This is primarily due to housing supply not being able to keep up with demand. Currently, there are 746 non- luxury listings available. This time last year, there were 2,613 available listings. Even in 2019, when we had an extremely competitive rental market pre- pandemic, there were 1,854 available at the beginning of the day on August 26.
If you’re still looking for the right place to move into September 1, you should definitely make a decision quickly- but rest assured, we can help. Here are some of the metro Boston apartments for rent that are still available.
Area of Boston: Jamaica Plain
This luxury apartment in Boston offers top quality finishes, convenience, and even some in- building entertainment. The kitchen is a chef’s dream come true with all the features of a designer unit. The maple wood cabinets are absolutely gorgeous. The marble countertops are top quality. The stainless-steel kitchen appliances are top notch and include a stove, refrigerator, dishwasher, disposal, and built-in microwave oven. The living room is spacious yet cozy. The bathroom is also top of the line, and this Boston apartment includes laundry in the unit. Building amenities include a full size gym with a climbing wall for the adventurous. The lounge also features TV areas, shuffleboard tables, and more if you want to host friends! Additionally, the building is pet friendly. Parking is available in the garage. Public transportation is located close to the unit. As of today, August 26, there are specials available on certain units that could mean $1,000 off first months rent or even a full month free! Call one of our agents today before these specials run out.
Area of Boston: Cambridge
This is an incredibly unique loft- style, multi- level apartment in Cambridge with easy access into the city of Boston. The entire space is modern, including the recently renovated kitchen, but maintains a warm and welcoming feeling throughout. The stainless-steel kitchen appliances are top of the line and include a Viking gas stove, dishwasher, disposal, refrigerator, microwave oven, and a built-in exhaust hood. Each of the bedrooms are spacious and offer plenty of room to fit in a full size furniture set. In the living room, you’ll find a working fireplace/wood burning stove. This incredible apartment in Cambridge has gleaming hardwood floors throughout, and gets plenty of natural light. The dining room is the perfect place to host dinner parties. Parking is available in the garage. The unit is also located nearby to multiple public transportation choices, including the red line T.
Area of Boston: Roslindale
This Boston apartment has a modern kitchen with stylish white cabinets, solid stone countertops, and stainless-steel appliances including a stove, dishwasher, disposal, refrigerator, and built-in microwave oven. There are recently refinished wood floors throughout the unit. The bathroom has been updated and even includes a glass shower surround, which makes the space feel even larger. The bedroom is a good size, with windows that let in plenty of natural light. The living room/family room is great for entertaining and or relaxing. There are multiple public transportation options available within 0.2 mile of this wonderful apartment in Boston.
Area of Boston: Beacon Hill
Here’s an incredibly nice Boston apartment for rent. Let’s start in the kitchen. It features white shaker cabinets, which are in high demand. The countertops are solid stone in a light gray tone. The kitchen appliances are top of the line stainless-steel. They include a stove, refrigerator, dishwasher and built-in microwave oven. The bedrooms are nice and roomy, and the modern bathroom, with glass shower surround, is just like having a spa in the home. Gleaming hardwood floors are located throughout the unit, except in the bathroom, which has tile flooring. The living room has plenty of space to fit a full couch and other pieces of furniture. Laundry is available in the building. There are multiple public transportation options. All are located within 0.4 mile of this very cool apartment in Boston.
Area of Boston: Charlestown
This luxury apartment in Boston has an awesome kitchen with stylish white cabinets, modern hardware, granite countertops, and high-end stainless steel appliances that include a stove, refrigerator, built-in microwave oven, dishwasher and disposal. The bedroom is big and has plenty of room to fit a nice set of furniture including a king size bed. It also has great closet space, and gets a ton of natural light. The flooring includes wood, tile and carpet. The living room is perfect for entertaining or relaxing. Laundry is in the building, and parking is available in the driveway. Building amenities include a top-notch gym that’s filled with weights and equipment that rival some of the best places to work out in the city. There are a total of five (5) public transportation options, all located within 0.5 mile of the unit.
In conclusion, finding an apartment in Boston can be a smoother process than you may be thinking, especially if you visit the Boston Pads Real Estate Portal. There are some great units currently on the market and available to rent at this time. In addition, you will find the most comprehensive data about the rental market in Boston and surrounding areas. The Boston Pads Real Estate Portal also contains some great advice for both apartment renters and landlords alike. Start and end your search for your new Boston apartment here.