$0

Average Rent

$2,902 average rent in Boston, Q2 2026

0%

Occupancy Rate

96% occupancy rate Boston, Q2 2026

0

T4Q Net Absorption

8,795 T4Q net absorption in Boston, Q2 2026

0%

Annual Rent Change

1% annual rent change in Boston, Q2 2026

0

BPS Annual Occupancy Change

10 BPS annual occupancy change in Boston, Q2 2026

0

T4Q Unit Completions

7,441 T4Q net absorption in Boston, Q2 2026

Key Takeaways

Demand continues to outpace supply, with trailing 12-month absorption of 8,795 units exceeding 7,441 units delivered, supporting occupancy at a nationally top-tier 95.6%.

The construction pipeline is past peak, with trailing 12-month starts declining to 6,397 units from 7,584 a year ago while 14,218 units remain under construction (4.7% of inventory).

Rents have turned a corner, reaching $2,902 per unit with 0.5% annual growth, a shift that comes as construction starts pull back sharply and the forward pipeline continues to thin.

Market Outlook

Boston is entering a more balanced chapter after several years of heavy construction. The supply cycle is past peak, with construction starts declining…