Matrix Multifamily Boston Report-November 2025 November 19, 2025

Mixed Metrics in Boston

Boston’s multifamily fundamentals slowed coming out of the late leasing season, but rent growth outpaced the U.S. rate by 90 bps YoY, rising 1.5% to $2,942 as of September. Occupancy remained healthy at 96.2 percent in August, but that marked a 40 bps slide over the previous year.