Matrix Multifamily Boston Report-June 2025

Boston’s Steady Progress

Boston’s advertised asking rents rose by 1.8 percent YoY to $2,924 in April, double the U.S. growth rate of 0.9 percent to well above the U.S. rent average of $1,736. The metro’s occupancy rate in stabilized properties fell by 30 bps YoY but remained robust at 96.1 percent in March.

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