Several Boston neighborhoods report sudden uptick in apartment vacancies
Boston, one of America’s renowned hubs for higher education, attracts thousands of students each year, in addition to scores of working professionals.
Yet, more than a month after Boston residents moved into new apartments the first week of September, hundreds still remain vacant. According to data collected by Boston Pads, the city’s largest apartment and real estate portal, the availability rate of apartments in Boston is up 10.1% compared to last year. In 2024, 1.6% of units remained vacant. This year, that number is closer to 1.86%. Near Symphony Hall and Northeastern University, the number of available apartments more than doubled from 0.81% to 2% over the past year. While some neighborhoods remain unaffected, others are feeling an acute impact.
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