Zachary Parker

Mission Hill Rent Prices Flatten — Look to Rebound in 2021

#Rent prices in #MissionHill #Boston are flat, #vacancies up over 528% YOY. Check out our market report!

The apartment rental market in Mission Hill is heavily reliant on the local student population. It’s situated just south of Fenway and Northeastern, providing students quick and easy access to some of Boston’s largest Universities. It’s also considerably less expensive than renting close to these schools and it provides plenty of options for 3 and 4 bedroom apartments so students can save splitting rent.

You would expect rent prices to be in a free fall considering most Universities are offering remote learning and vacancy rates are up 5X year over year. However, rent prices for Mission Hill apartments have only fallen slightly year over year, and nowhere close to the decreases we’ve been seeing closer to Downtown.

Original Source: https://www.universalhub.com/2021/mission-hill-rent-prices-flatten-look-rebound-2021?utm_source=medium&utm_medium=social&utm_campaign=Content&utm_term=company-page

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