Just take the aggregates: the average apartment rent for Boston proper in the first quarter of 2012 was $2,228, and in the second quarter was $2,503; the average apartment rent for Greater Boston was $2,218 in the earlier quarter, and $2,308 in the quarter ending June 30. Rents in some areas in particular were way up: North Cambridge, 20 percent; Belmont, 42 percent. Some were down: the rest of Cambridge, East Boston. Generally, though, the numbers reflect a rental market that appears to be trending toward ever-more demand amid tight supply, no matter how much construction there is or is planned (check out our Rental Heatmap for that).
The only real bright spot for tenants might be the availabilities coming up after the summer: Seven out of 10 rental listings being marketed now, according to the report, are noted as becoming available in early September. So there's that.
The 20 most expensive areas:
Wellesley $4,435 Waterfront $4,255 The Harborfront* $3,667 Belmont $3,520 Needham $3,469 Arlington $3,438 Theater District $3,435 West End $3,368 Back Bay $3,328 Kendall Square $3,280 Seaport $3,262 Downtown Boston $3,256 South Boston $2,969 Bay Village $2,914 East Cambridge $2,904 South End $2,890 Teele Square $2,876 Brookline Village $2,875 Union Square $2,870 Central Square $2,853
Chelsea $1,550 Admirals Hill $1,588 Hyde Park $1,622 East Boston $1,667 Malden $1,684 West Roxbury $1,694 Revere $1,774 Dorchester $1,816 Braintree $1,874 Roslindale $1,907 Kenmore $1,913 Fenway $1,913 Brighton $1,958 Allston $1,995 South Brookline $2,028 Allston Village $2,053