← Price Inflation Report  /  Rent Tracker

Rent Tracker

Rent Inflation in Boston, MA

The average asking rent in Boston, MA is $3,148/month as of 2026-03. That is +2% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) · zillow.com/research

Current Avg Rent

$3,148/mo

as of 2026-03

Year-over-Year Change

+2%

24-Month Rent Trend

Monthly ZORI index values for Boston, MA.

Month Avg Asking Rent Change from Prior Month
2026-03 $3,148 +0.87%
2026-02 $3,121 +0.55%
2026-01 $3,104 +0.49%
2025-12 $3,089 +0.13%
2025-11 $3,085 -0.19%
2025-10 $3,091 -0.35%
2025-09 $3,102 -0.48%
2025-08 $3,117 -0.29%
2025-07 $3,126 -0.13%
2025-06 $3,130 +0.19%
2025-05 $3,124 +0.61%
2025-04 $3,105 +0.58%
2025-03 $3,087 +0.78%
2025-02 $3,063 +0.53%
2025-01 $3,047 +0.76%
2024-12 $3,024 +0.37%
2024-11 $3,013 +0.30%
2024-10 $3,004 -0.53%
2024-09 $3,020 -0.49%
2024-08 $3,035 -0.52%
2024-07 $3,051 +0.23%
2024-06 $3,044 +0.50%
2024-05 $3,029 +0.70%
2024-04 $3,008

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

Compare All Cities

Open Full Rent Tracker →

Other Cities

Data: Zillow Research ZORI · Updated monthly · Price Inflation Report