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Renters in Boston and Cambridge were paying twice the national average in April at over $3,000 per month.
That’s according to a recent study from the national apartment search website RentCafe, which analyzed rent data across the 253 largest cities in the U.S. The report is exclusively based on apartment data related to buildings containing 50 or more units, and includes cities with populations over 100,000 and a rental stock of at least 2,900 apartments in 50 plus unit buildings.
The average rent nationwide in April was $1,436, up by 3 percent ($42) year-over-year and 0.3 percent ($5) month-over-month, according to Yardi Matrix data that RentCafe analyzed. The average rent in Boston in April was $3,357, while average rent in Cambridge was $3,064.
Unsurprisingly, Manhattan, New York had the most expensive monthly rent in April at $4,130, while the cheapest city in the study was Wichita, Kansas at $650 rent on average per month.
Of the 253 cities included, 64 percent had average rents below the $1,436 national average, while 36 percent had average rents above.
