Back Bay, MA
August 2026
02115,02116
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $3,149 – $3,515 | -0.87% | 10.16% |
| 2-Bedroom | $4,194 – $4,730 | -1.65% | 7.06% |
| 3-Bedroom | $4,746 – $5,245 | -6.87% | -2.96% |
| 4-Bedroom | $4,946 – $5,305 | 1.52% | 2.54% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $3,167 – $3,410 | 1.76% | 4.61% |
| 2-Bedroom | $4,363 – $4,679 | 4.95% | 0.09% |
| 3-Bedroom | $5,082 – $5,528 | -1.86% | 4.63% |
| 4-Bedroom | $5,226 – $5,719 | 4.70% | 8.76% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,866 – $3,105 | 0.20% | 6.71% |
| 2-Bedroom | $3,408 – $3,707 | -1.36% | 5.63% |
| 3-Bedroom | $4,204 – $4,572 | 0.01% | 5.17% |
| 4-Bedroom | $4,560 – $4,960 | -0.10% | 4.69% |
In the Back Bay (02115, 02116) rental market, 1-bedroom apartments saw their median rent rise by 3.15% month-over-month to $3,258 in April 2026, alongside a 7.59% year-over-year increase. This growth underscores continued momentum for smaller apartment rentals in Back Bay (02115, 02116).
Comparing 2-bedroom segments, condos/townhomes in Back Bay (02115, 02116) declined 5.06% month-over-month to $4,383, while 2-bedroom apartments increased by 0.90% to $4,285. This marks a shift, as condos now lead apartments by $98 for 2-bedroom units.
Annual price changes reflected in Back Bay (02115, 02116) rental trends reveal 3-bedroom single-family homes ended April at $4,128, rising 1.89% year-over-year. This segment’s growth rate trails the 5.81% increase seen among 3-bedroom apartments in the same period.