$0

Average Rent

$2,880 average rent in Boston, Q1 2026

0%

Occupancy Rate

95% occupancy rate Boston, Q1 2026

0

T4Q Net Absorption

6,342 T4Q net absorption in Boston, Q1 2026

0%

Annual Rent Change

0% annual rent change in Boston, Q1 2026

0

BPS Annual Occupancy Change

-60 BPS annual occupancy change in Boston, Q1 2026

0

T4Q Unit Completions

9,274 T4Q net absorption in Boston, Q1 2026

KEY TAKEAWAYS

  • Trailing 12-month deliveries of 9,274 units outpaced absorption of 6,342 units, sustaining lease-up competition, though Boston maintains one of the highest occupancy levels in the nation at 95.1%.
  • The construction pipeline is contracting: trailing 12-month starts have fallen 32% from one year ago, and the active pipeline has compressed 11%, signaling the market is moving past peak supply pressure.
  • Average effective rents of $2,880 reflect a 0.2% annual decline, broadly in line with the national average.

MARKET OUTLOOK

Boston’s near-term setup points to gradual improvement as starts decline and the pipeline continues to contract. With trailing 12-month starts…