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Fort Hill’s apartment rental market has loosened up considerably so far in 2025.  Apartment availability has increased by large margins in both 2024 and 2025, offering much more options to renters this year than they had seen in Fort Hill previously.  This has effectively caused rent prices to trend downwards over the past 12 months after price growth soared through 2022 and 2023.  These are the trends driving Fort Hill’s apartment rental market in 2025.

Fort Hill Apartment Rental Supply Figures

The current real-time availability rate (RTAR) of Fort Hill apartments is 8.58%.  That figure is up +14.55% year-over-year and up +107.75% compared to 2 years ago.  Fort Hill’s RTAR typically peaks during the first few weeks of March, but this year the market has been slower to absorb the available inventory.  So far in 2025, RTAR has hovered between 8-10% in Fort Hill since late January and has yet to show a steady downtrend which is typical in April.

The current real-time vacancy rate (RTVR) in Fort Hill is 1.05%.  That figure is up +144.19% year-over-year and actually down by a slight margin (-3.67%) compared to 2 years ago. Interestingly, Fort Hill’s vacancy rate spiked to 3.14% at the beginning of February, which is even higher than last September’s peak RTVR (2.29%).  That spike in vacancies combined with the unusually high RTAR for April is a sign that demand for apartments in Fort Hill has been sluggish so far this year.

More evidence of this can be seen in the median days on market for apartments in Fort Hill.  According to our most recent Fort Hill apartment data, the median days on market is 51 days in Fort Hill, which is among the highest out of all neighborhoods in Boston.  If available inventory continues to sit on the market, we will likely see rent prices continue to trend downwards during the second half of 2025.

Fort Hill Average Rent Prices

The current average rent price in Fort Hill is $4,346.  That figure is down -2.40% year-over-year and up +6.65% over a 2 year span. This drop in rent prices is due in large part to the market's slow absorption of available rental units.  Rent prices for 1 bedroom apartments and 5 bedroom apartments in Fort Hill have grown by +9.66% and +8.53% respectively.  Prices for 2 bedroom, 3 bedroom, and 4 bedroom apartments rose by smaller margins over the past year (+2.11%, +2.80%, and +4.33% respectively).

Fort Hill Apartment Rental Market Forecast

Based on the current supply figures, it appears that rent prices in Fort Hill could trend downwards in 2025. Prices have risen by such high margins in Fort Hill since 2021 that renters may no longer look at it as a more affordable option as they did in the past. Now, Fort Hill’s average rent prices for all unit sizes falls within a 10% margin of Boston’s city-wide average. That could explain why rent prices have grown in most of Boston’s neighborhoods this year but not in Fort Hill. There is also rumors of several colleges completing on-campus housing enrollment later than expected. Often times areas such as Fort Hill, Mission Hill and the Fenway tend to rent earlier in the season but it is quite possible that a later surge in May or June could arise based on some delays of the surrounding universities enrollment and housing admission practices. There is also some discussion if any international students might be discouraged from coming to our Universities due to bad economic conditions in many countries and also perhaps tariffs playing a role.

So in 2025, pay close attention to Fort Hill rent prices as it is quite possible they could decline at a slow marginal rate. We would not be surprised to see average rent price to drop somewhere in the 1-4% range before the end of the year. We expect the average rent price to drop somewhere in the 3-5% range before the end of the year.  We will continue to follow these trends as they develop right here on bostonpads.com.