Boston Q1 2026 Pipeline Report

An interactive look into the Multifamily Construction Pipeline in Q1 for Boston, Massachusetts
2026 Madison Forecast

Research Multifamily Market Reports 2026 Madison Forecast MARKET SNAPSHOT 2026 MADISON Forecast DOWNLOAD THE FULL REPORT 2025 FORECASTED ANNUAL CHANGE 2026 $1,609 Q4 AVG. EFFECTIVE RENT 1.7% ANNUAL CHANGE $1,636 Q4 Avg. Effective Rent 95.0% Q4 AVG. OCCUPANCY -10 BPS ANNUAL CHANGE 94.9% Q4 Avg. Occupancy 2,234 2025 COMPLETIONS 2,642 10 Yr. Avg. Annual Completions […]
2026 Boston Forecast

Research Multifamily Market Reports 2026 Boston Forecast MARKET SNAPSHOT 2026 Boston Forecast DOWNLOAD THE FULL REPORT 2025 FORECASTED ANNUAL CHANGE 2026 $2,854 Q4 AVG. EFFECTIVE RENT 0.6% ANNUAL CHANGE $2,871 Q4 Avg. Effective Rent 95.0% Q4 AVG. OCCUPANCY -20 BPS ANNUAL CHANGE 94.8% Q4 Avg. Occupancy 9,339 2025 COMPLETIONS 8,419 10 Yr. Avg. Annual Completions […]
Boston Q3 2025 Market Report

Research Multifamily Market Reports Boston Q3 2025 MARKET SNAPSHOT Boston q3 2025 DOWNLOAD THE FULL REPORT AVERAGE RENT $2,893 Q3 2025 OCCUPANCY RATE 95.6% Q3 2025 NET ABSORPTION 5,272 YTD Q3 2025 ANNUAL RENT CHANGE 0.8% Q3 2025 ANNUAL OCCUPANCY CHANGE -40 BPS Q3 2025 UNIT COMPLETIONS 7,202 YTD Q3 2025 KEY TAKEAWAYS Demand is […]
Boston Q2 2025 Market Report

Research Multifamily Market Reports Boston Q2 2025 MARKET SNAPSHOT Boston q2 2025 DOWNLOAD THE FULL REPORT AVERAGE RENT $2,949 Q2 2025 OCCUPANCY RATE 95.7% Q2 2025 NET ABSORPTION 2,934 H1 2025 ANNUAL RENT CHANGE 2.0% Q2 2025 ANNUAL OCCUPANCY CHANGE -20 BPS Q2 2025 COMPLETIONS 5,397 H1 2025 KEY TAKEAWAYS Demand continues to trail new […]
Boston Q1 2025 Market Report

Research Multifamily Market Reports Boston Q1 2025 MARKET SNAPSHOT Boston q1 2025 DOWNLOAD THE FULL REPORT AVERAGE RENT $2,897 Q1 2025 OCCUPANCY RATE 95.7% Q1 2025 QUARTERLY NET ABSORPTION 1,237 Q1 2025 ANNUAL RENT CHANGE 2.1% Q1 2025 ANNUAL OCCUPANCY CHANGE -10 BPS Q1 2025 QUARTERLY COMPLETIONS 1,165 Q1 2025 KEY TAKEAWAYS Average effective rent […]
2025 Boston Forecast

Research Multifamily Market Reports 2025 Boston Forecast MARKET SNAPSHOT 2025 Boston Forecast 2024 FORECASTED ANNUAL CHANGE 2025 $2,836 Q4 AVG. EFFECTIVE RENT 2.9% FORECASTED ANNUAL CHANGE $2,918 Q4 Avg. Effective Rent 96.0% Q4 AVG. OCCUPANCY -10 BPS FORECASTED ANNUAL CHANGE 95.9% Q4 Avg. Occupancy 7,264 2024 COMPLETIONS 8,297 10 Yr. Avg. Annual Completions 7,023 2025 […]
Boston 3Q 2024 Market Report

Research Multifamily Market Reports Boston 3Q 2024 MARKET SNAPSHOT Boston 3Q 2024 AVERAGE RENT $2,869 3Q 2024 OCCUPANCY RATE 96.2% 3Q 2024 QUARTERLY NET DEMAND 2,630 [YTD: 6,875] YoY RENT CHANGE 3.0% 3Q 2024 YoY OCCUPANCY CHANGE +20 BASIS POINTS QUARTERLY COMPLETIONS 1,445 [YTD: 5,218] KEY TAKEAWAYS Demand in Boston has been on the rise, […]
Boston 3Q 2024

An interactive look into the Multifamily Construction Pipeline in Q3 for Boston, Massachusetts
Boston 2Q 2024 Report

Boston 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $2,860 2Q 2024 2Q 2024 RENT CHANGE 2.7% OCCUPANCY RATE 96.0% 2Q 2024 ANNUAL OCCUPANCY CHANGE -10 BASIS POINTS QUARTERLY DEMAND 2,191 [YTD: 3,917] QUARTERLY COMPLETIONS 1,923 [YTD: 3,662] KEY TAKEAWAYS The supply-demand dynamic has shifted, with renters absorbing 2,191 units in the second quarter, which […]
Boston 2Q24

An interactive look into the Multifamily Construction Pipeline in Q2 for Boston
Boston Q1 2024 Report

Boston 1Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $2,789 1Q 2024 1Q 2024 RENT CHANGE 2.0% OCCUPANCY RATE 95.7% 1Q 2024 ANNUAL OCCUPANCY CHANGE -40 BASIS POINTS TOTAL OPERATING EXPENSE ANNUAL CHANGE 5.8% (FEB 2024) NET OPERATING INCOME ANNUAL CHANGE 5.9% (FEB 2024) * Please note that these employment figures have been adjusted for seasonal […]
Boston 2024 Forecast

Boston 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $2,728 4Q 2023 $2,845 4Q 2024 2024 RENT CHANGE 4.3% OCCUPANCY RATE 96.1% 4Q 2023 95.8% 4Q 2024 4Q 2024 OCCUPANCY CHANGE -30 POINTS EMPLOYMENT* 2.87M 2023 2.90M 2024 UNEMPLOYMENT RATE** 2.7% 2023 3.0% 2024 * Please note that these employment figures have been adjusted for seasonal variations and […]
Boston Q3 2023

Boston 3Q23Multifamily Market Report $2,939 average rent 95.6% average occupancy rate $1.8B ytd sales volume 3.2% YoY rent change -0.9 POINTS yoy occupancy change 46 ytd individual transactions Supply & Demand 3Q23 1,325 Units QUARTERLY DEMANDYTD: 2,966 2,263 Units QUARTERLY COMPLETIONSYTD: 5,096 Annual Demand vs Completions 2018 10,075 7,649 2019 7,427 6,132 2020 2,498 9,400 […]
Boston Q2 2023

Boston 2Q23 Multifamily Market Report $2,886 average rent 95.8% average occupancy rate $1.4B ytd sales volume 4.1% YoY rent change -1.3 POINTS yoy occupancy change 38 ytd individual transactions Supply & Demand 2Q23 847 Units QUARTERLY DEMAND YTD: 1,820 1,315 Units QUARTERLY COMPLETIONS YTD: 3,115 Annual Demand vs Completions 2018 10,067 7,649 2019 7,417 6,130 […]