Boston is the fourth most-expensive city for renters

by Liz Hughes

Rents nationwide continue to grow, driven by single-family rentals, and Boston is no exception.

A new report from Dwellsy found February median rents nationally rose 17.5% from last year and were up 4% from January. 

Single-family rentals continue to drive rent increases across the country, according to the report, which found they were up 35% over the past 12 months, while apartments have shown a 3% increase. 

Boston rents continued to grow as well, and Bean Town had the fourth-highest median rent among 400 cities Dwellsy analyzed. 

Boston rents were  in February were up 1% from January to $2,906. Year over year, the median rent grew 14%, which equals an extra $365 per month, according to the report. 

While single-family rentals had the highest growth nationwide last month, in Boston, which has one of the largest single-family rental markets in the country, these rents only rose 7%, while apartment rents rose 17%. 

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