Boston Edison renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Boston Edison is about $701 per month. This puts it in the 2nd percentile compared to the city average cost of rent, which is $1,198. Households in Boston Edison have a median income of $2,695 per month so the average renter in Boston Edison is spending roughly 26% of their earnings on housing.
Nationally, and in Boston Edison, home values are the data point most closely correlated with the cost of rent. The median price of a home in Boston Edison is $140,140 right now, which is lower than nearby neighborhoods, meaning that rents in Boston Edison also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Boston Edison while lower rent rates are often available in northwestern areas.
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