5 Boston Apartments Under $500,000 You Can Buy Right Now

Buying in Boston doesn’t have to mean stretching your budget to the limit. Despite rising prices, there are still real opportunities for buyers looking to own in the city—especially in neighborhoods that offer strong value, character, and long-term potential. In this roundup, we’re featuring five Boston apartments under $500,000 you can buy right now, located in Brighton, West Roxbury, Roslindale, and East Boston. Whether you’re a first-time buyer or simply looking for a smart move in today’s market, these homes prove that affordable Boston real estate is still within reach. We’ve ranked these apartments from lowest to highest price, so you can easily compare—check them out below.

Disclaimer: Estimated monthly payments are for illustrative purposes only and are based on a 20% down payment, a 6.5% interest rate, and a 30-year fixed-rate mortgage. Actual payments may vary depending on lender, credit profile, taxes, insurance, HOA fees, and other factors. Buyers should consult with a qualified lender for personalized estimates.

#1: Roslindale 2 Bed, 1 Bath Condo

Asking: $419,000

Monthly Payment: $2,604 (inc. $275 HOA)

Size: 805 SQ FT

This sun-filled 2-bedroom, 1-bath Roslindale condo offers a versatile floor plan, newly painted interiors, and hardwood floors throughout, all just about half a mile from Roslindale Square. The entryway leads into a comfortable living area, with bedrooms positioned at opposite ends of the home to provide added privacy. A generous eat-in kitchen, roomy full bathroom, and private laundry in the basement add everyday convenience. Outside, enjoy access to a shared rear porch (used by only two units) and a common yard—ideal for unwinding or spending time with pets. Located close to the Arnold Arboretum, Roslindale Village, and George Wright Golf Course, with easy access to bus routes, the Roslindale Village commuter rail, and the Forest Hills Orange Line, this home checks all the boxes.

Listing Courtesy of Seller's Representative: The Muncey Group, Compass MLS ID#: 73468509 

#2: Brighton (Cleveland Circle) 1 Bed, 1 Bath Condo

Asking: $420,000

Monthly Payment: $2,834 (inc. $500 HOA)

Size: 560 SQ FT

Located in Brighton’s Cleveland Circle, this 1-bedroom, 1-bath condo offers a bright, airy layout that blends city living with a relaxed, almost resort-like feel. The open living and kitchen area is filled with natural light from large windows and has been recently refreshed with updated window treatments, newly painted walls, and refinished cabinetry. Hardwood floors run throughout the unit and lead to a generously sized bedroom with enough space for a home office. Step outside to a private, newly repainted balcony overlooking the building’s swimming pool—an unexpected perk in the city. Ideal for both owner-occupants and investors, this well-maintained home has a strong rental track record and an unbeatable location near Commonwealth Avenue, with easy access to the B, C, and D Green Line branches, plus the shops, restaurants, and amenities of Cleveland Circle, Washington Square, and Brighton Center.

Listing Courtesy of Seller's Representative: Kyle Macnichol, Redfin Corp. MLS ID#: 73468293

#3: Brighton (Washington Square) 1 Bed, 1 Bath Condo

Asking: $449,000

Monthly Payment: $3,027 (inc. $532 HOA)

Size: 682 SQ FT

Set in one of Brighton’s most sought-after pockets near Washington Square, this 1-bedroom, 1-bath condo with 9-foot ceilings and an elevated first-floor position, the home feels open and bright while maintaining private. Inside, the unit features in-unit laundry, generous living space, and abundant natural light throughout. The kitchen is outfitted with a gas range, granite countertops, custom cabinetry, and stainless steel appliances. The living room showcases hardwood floors, oversized bay windows, and a charming fireplace that adds character to the space. The bedroom includes ample closet storage and is adjacent to a full bathroom. Additional shared storage is available in this well-maintained building, rounding out a home that truly delivers on location, comfort, and livability.

Listing Courtesy of Seller's Representative: Rose Hall, Blue Ocean Realty, LLC MLS ID#: 73466269

#4: East Boston 1 Bed, 1 Bath Condo

Asking: $489,999

Monthly Payment: $2,997 (inc. $274 HOA)

Size: 671 SQ FT

Built in 2023, this well-appointed 1-bedroom, 1-bath East Boston condo offers modern design, thoughtful details, and the rare bonus of deeded parking, deeded storage, and private outdoor space. With 671 square feet, the home features a direct-entry layout, soaring ceilings, and an open-concept floor plan that maximizes both space and natural light. The kitchen is outfitted with quartz countertops, shaker-style cabinetry, and stainless steel appliances, with ample room for a dining table.

A private entrance leads to an outdoor landing with space for seating, creating a convenient extension of the living area. The generously sized bedroom includes a large closet, while the tiled bathroom offers clean, contemporary finishes. Hardwood floors run throughout the unit, complemented by recessed lighting, central air, and in-unit laundry. A deeded storage closet located just outside the unit provides valuable extra space.

Bonus incentive—ask about one year of condo fees paid by the seller.

Listing Courtesy of Seller's Representative: Elevated Boston Team, Elevated Realty, LLC MLS ID#: 73465636

#5: West Roxbury 2 Bed, 2 Bath Condo

Asking: $499,900

Monthly Payment: $3,589 (inc. $811 HOA)

Size: 1,164 SQ FT

This is a second-floor, recently renovated two-bedroom, two-full-bath condo in an elevator building located on the West Roxbury/Chestnut Hill line. The open floor plan connects the dining and living areas and opens to a private balcony, making it seem even more spacious and ideal for entertaining. Both bedrooms are generously sized, including a spacious primary suite with an en-suite bath, walk-in closet, and tons of natural light. The unit offers ample in-unit storage, plus deeded basement storage and two dedicated parking spaces. Enjoy a professionally managed, pet-friendly association with a live-in superintendent, where the association fee includes heat, hot water, and access to amenities such as a renovated pool deck, on-site laundry rooms on every floor, and guest parking. The size, convenience, and amenities at under $500,000 make this listing a rarity in Boston real estate!

Listing Courtesy of SSeller's Representative: Miroslava Fitkova, Fitkova Realty Group MLS ID#: 73467443

Conclusion

If you’ve been waiting for the right moment to buy in Boston, these listings show that it’s still possible to find quality apartments under $500,000—without sacrificing location or livability. Neighborhoods like Brighton, West Roxbury, Roslindale, and East Boston continue to stand out for their accessibility, community feel, and relative affordability compared to the hottest markets for Boston real estate. As inventory moves quickly, opportunities like these don’t last long. If one of these homes feels like the right fit, or you´re looking for more 1 to 2 bedroom options, acting sooner rather than later could make all the difference. Contact one of our agents today- we look forward to doing business with you!