
Boston Apartment Vacancy Rate Hits 0.47 Percent
Boston’s apartment vacancy rate has slid to a new low: 0.47 percent, according to a new report by local listings portal BostonPads.
Boston’s apartment vacancy rate has slid to a new low: 0.47 percent, according to a new report by local listings portal BostonPads.
A new report from rental portal site Zumper shows Boston has retained its spot as one of the most expensive rental markets in the nation, despite the pandemic’s disruptions.
Things are starting to look up for owners of big apartment communities more than a year after the pandemic knocked the economy into a recession and left millions of Americans unemployed and struggling to pay rent.
Apartment rents dropped by double digits in many high-priced Boston neighborhoods in 2020 amid a rate war as tenants opted for suburban locations for savings, according to a new report.