Average rent in Quincy

Average rent in Quincy,MA

First and foremost, the average rent in Quincy, MA has been steadily increasing over the years. In 2019, the average rent was $2,168 per month, which increased to $2,347 in 2020. Looking ahead to 2023, the average rent is projected to be $2,500 per month. Furthermore, this upward trend can be attributed to several factors, including the city’s growing economy and job opportunities, as well as its favorable location near Boston. Ultimately, it’s clear that the cost of living in Quincy is on the rise, and renters should plan accordingly when considering their housing options.

Average rent in Quincy,MA for 1-bedroom

The average rent in Quincy, MA for a one-bedroom apartment saw a significant increase from the previous year. In 2023, the average rent is projected to be $2,200, which is a 10% jump from 2022. However, in comparison to five years ago, the increase is even more striking, with a rise of 25% since 2018. Despite the incline in rent, tenants can still find affordable options in the area by searching for deals and promotions from landlords or property managers. Nonetheless, with the consistent growth in rents, it is crucial to explore various neighborhoods and keep an eye on the market to find the best deal possible. In short, although the cost of rental may be on an upward trajectory, individuals shouldn’t lose hope but remain vigilant when searching for housing.

Average rent in Quincy,MA for 2-bedroom

In 2023, the average rent in Quincy, MA for a 2-bedroom apartment will be $2,500. This marks a significant increase from the previous year’s average rent of $2,200. Looking back even further, the average rent for a 2-bedroom apartment in Quincy was only $1,800 in 2018. Clearly, there has been a steady trend of rising rental prices in the area over the past few years. Despite this increase, Quincy remains a popular location for renters due to its proximity to Boston and its diverse range of housing options.

Average rent in Quincy,MA for 3-bedroom

In terms of the average rent for a 3-bedroom in Quincy, MA, there has been a notable increase in recent years. In 2020, the average monthly rent was $2,300. By 2021, it had risen to $2,600. Looking ahead to 2023, experts predict that the average rent for a 3-bedroom in Quincy will reach $3,000 per month. This significant jump can be attributed to rising demand for housing in the area, as well as the ongoing effects of inflation. Despite the higher costs, Quincy remains a desirable location for families looking for a suburban lifestyle within easy reach of the city.

Average rent in Quincy,MA for studio

In 2023, the average rent for a studio in Quincy, MA is expected to increase significantly. According to recent data, the average rent is projected to reach $2,500 per month, which is a steep increase from the previous years. In fact, in 2022, the average rent was only $1,800 per month. This statistic indicates that Quincy has been experiencing a considerable surge in rental prices over a short period. As a result, many renters may be hesitant to move to Quincy, MA because of the high cost of living. Nonetheless, it is important to keep in mind that this increase in rent prices could be due to various factors that may change over time.

Average rent in Quincy,MA for townhouse

In 2023, the average rent for a townhouse in Quincy, MA is expected to increase significantly. According to recent data, the current average rent for a townhouse in Quincy is around $3,200 per month. This is a considerable rise compared to the previous year, where the average rent was around $2,800 per month. Furthermore, looking back even further, data indicates that the average rent has increased by over 20% in the past five years alone. Despite this steady climb, it is worth noting that Quincy is still considered to be an affordable place to rent when compared to neighboring cities like Boston.

Average rent in Quincy,MA by Neighborhood

1. Adams Shore – $2,660
2. Germantown – $2,582
3. Houghs Neck – $2,642
4. Marina Bay – $3,335
5. North Quincy – $2,862
6. Quincy Center – $3,019
7. South Quincy – $2,707
8. Squantum – $2,806
9. Wollaston – $2,564

Most expensive neighborhoods in Quincy,MA

Quincy, Massachusetts is a beautiful and affluent city that boasts several pricey neighborhoods. One of the most expensive neighborhoods in the city is the Wollaston Hill, where the median home price is well above $1 million. Other pricey neighborhoods in Quincy include Adams Shore, Marina Bay, and Merrymount. These communities are known for their waterfront homes, stunning views, and excellent schools. If you’re in the market for a luxurious home in Quincy, these neighborhoods are definitely worth considering.

Most affordable neighborhoods in Quincy,MA

Quincy, MA is a great place to live if you’re looking for affordable neighborhoods. Some of the most affordable neighborhoods in Quincy include North Quincy, Wollaston, and Quincy Point. You can find a variety of housing options in these neighborhoods, including single-family homes, townhouses, and apartments.

North Quincy is particularly popular among young professionals and families who enjoy easy access to the red line and a wide range of restaurants and shops. Wollaston has a diverse immigrant population and is known for its authentic Chinese cuisine.

Quincy Point is a quiet suburban neighborhood with tree-lined streets and plenty of parks and green spaces. No matter what your lifestyle and budget, there is sure to be an affordable neighborhood in Quincy that will meet your needs.

Most popular neighborhoods in Quincy,MA

Quincy, MA is a city with a variety of neighborhoods, each with its unique characteristics. Some of the most popular neighborhoods in the area include Marina Bay, Wollaston, Quincy Center, North Quincy, and West Quincy. Marina Bay is a coastal community that offers stunning views of the ocean and is known for its upscale restaurants and bars. Wollaston is a diverse neighborhood, popular for its proximity to public transportation and highly rated schools.

Quincy Center is the city’s downtown area and home to trendy cafes, boutique shops, and historic landmarks. North Quincy is a bustling neighborhood with easy access to major highways and transportation hubs.

Finally, West Quincy is a family-friendly community, known for its tree-lined streets, well-maintained homes, and local parks. Regardless of the neighborhood, Quincy offers a charming mix of urban and suburban lifestyles.

Comparison with other cities

1. Boston, MA – $3,142
2. Cambridge, MA – $3,385
3. Newton, MA – $2,536
4. Somerville, MA – $2,975
5. Brookline, MA – $2,844
6. Woburn, MA – $1,921
7. Lynn, MA – $1,730
8. Malden, MA – $2,108
9. Chelsea, MA – $1,835
10. Providence, RI – $1,551
11. Hartford, CT – $1,217
12. New Haven, CT – $1,796
13. Jersey City, NJ – $2,869
14. Hoboken, NJ – $3,240
15. Stamford, CT – $2,579

FAQ

Q: What is the average rent in Quincy, MA in 2023?
A: As of 2023, the average rent in Quincy, MA is $2,500 per month.

Q: What types of housing are included in the average rent?
A: The average rent includes all types of housing, including apartments, condos, and houses.

Q: Has the average rent in Quincy, MA increased or decreased over the past year?
A: The average rent in Quincy, MA has increased over the past year, with a 5% increase from the previous year.

Q: What factors affect the average rent in Quincy, MA?
A: The factors that affect the average rent in Quincy, MA include location, size of the housing unit, amenities included, and demand for housing in the area.

Q: How does the average rent in Quincy, MA compare to other cities in the state?
A: The average rent in Quincy, MA is higher than the statewide average, but lower than the average rent in other larger cities such as Boston.

Q: Are there any neighborhoods in Quincy, MA with lower average rents?
A: Yes, there are several neighborhoods in Quincy, MA with lower average rents, including North Quincy and West Quincy.

Q: Are there any neighborhoods in Quincy, MA with higher average rents?
A: Yes, there are several neighborhoods in Quincy, MA with higher average rents, including Marina Bay and Quincy Center.

Q: Are there any rental assistance programs available in Quincy, MA?
A: Yes, there are several rental assistance programs available in Quincy, MA, including the Section 8 Housing Choice Voucher program and the Emergency Rental Assistance Program.

Sources

https://www.zumper.com/rent-research/quincy-ma





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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