Boston, United States
Property prices · 2024 · Americas
Property price trend in Boston (2024–2026)
Property comparison — cities in United States (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Boston |
|---|---|---|---|---|
| Boston | USD 10,200 | USD 6,400 | USD 2,600 | — |
| New York | USD 18,500 | USD 10,500 | USD 3,500 | +81.4% |
| San Francisco | USD 16,800 | USD 9,800 | USD 3,200 | +64.7% |
| Seattle | USD 11,500 | USD 7,200 | USD 2,800 | +12.7% |
| Los Angeles | USD 11,500 | USD 7,500 | USD 2,800 | +12.7% |
| Washington DC | USD 9,500 | USD 5,900 | USD 2,400 | -6.9% |
| Miami | USD 8,500 | USD 5,500 | USD 2,500 | -16.7% |
| Austin | USD 7,200 | USD 4,500 | USD 1,900 | -29.4% |
| Denver | USD 6,800 | USD 4,200 | USD 1,800 | -33.3% |
Other Americas cities (2024)
Frequently asked questions
How much does property cost in Boston in 2024?
In Boston, the average price per sqm in the city centre is USD 10,200, and USD 6,400 outside the centre (2024 data). Prices have risen 7% since 2024.
How much is rent in Boston in 2024?
A 1-bedroom apartment in Boston rents for approximately USD 2,600 per month in 2024. A 3-bedroom apartment costs around USD 4,200/month.
Is it better to buy or rent in Boston?
Buying and renting are roughly comparable in Boston. The price-to-rent ratio is 20.0x — it would take approximately 20.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 6.80%.
What are mortgage rates in United States in 2024?
The average mortgage rate in United States is approximately 6.80% as of 2024. With a price-to-rent ratio of 20.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Boston?
The average property price per square metre in Boston city centre is USD 10,200 in 2024. Outside the centre, expect to pay around USD 6,400/sqm.