Somerville Rental Market Real-Time Data

Real-Time Availability Rates

View Somerville Apartments

Real-Time Availability Rate (RTAR) 3/4/2019 – Today
Somerville vs. City of Boston

Somerville

RTAR 3/4/2019:

2.90%

RTAR Today:

2.63%

RTAR % Change vs. 1 Year Ago: -51.39%

City of Boston

RTAR 3/4/2019:

5.05%

RTAR Today:

1.86%

RTAR % Change vs. 1 Year Ago: -79.10%

Real-Time Availability Rate (RTAR) 3/4/2020 – Today (COVID-19)
Somerville vs. City of Boston

Somerville

RTAR 3/4/2020:

3.28%

RTAR Today:

2.63%

RTAR % Change vs. 3/4/2020: -19.82%

City of Boston

RTAR 3/4/2020:

4.92%

RTAR Today:

1.86%

RTAR % Change vs. 3/4/2020: -62.20%

Real-Time Vacancy Rates

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Real-Time Vacancy Rate (RTVR) 5/20/2019 – Today
Somerville vs. City of Boston

Somerville

RTVR 5/20/2019:

0.62%

RTVR Today:

1.73%

RTVR % Change vs. 1 Year Ago: -64.33%

City of Boston

RTVR 5/20/2019:

0.71%

RTVR Today:

1.43%

RTVR % Change vs. 1 Year Ago: -82.96%

Real-Time Vacancy Rate (RTVR) 3/4/2020 – Today (COVID-19)
Somerville vs. City of Boston

Somerville

RTVR 3/4/2020:

1.07%

RTVR Today:

1.73%

RTVR % Change vs. 3/4/2020: 61.68%

City of Boston

RTVR 3/4/2020:

1.06%

RTVR Today:

1.43%

RTVR % Change vs. 3/4/2020: 34.91%

Real-Time Average Rent Prices

View Somerville Apartments

Average Rent Prices 3/4/2019 – Today
Somerville vs. City of Boston

  • Studio$1,899
  • 1 Bedroom$1,991
  • 2 Bedroom$2,370
  • 3 Bedroom$2,973
  • 4 Bedroom$3,834
  • 5 Bedroom$4,486

Average Rent Prices 3/4/2020 – Today (COVID-19)
Somerville vs. City of Boston

  • Studio$1,909
  • 1 Bedroom$1,991
  • 2 Bedroom$2,378
  • 3 Bedroom$2,972
  • 4 Bedroom$3,834
  • 5 Bedroom$4,486