Boston
Massachusetts · Ranked #94 of 102 metros
22Crisis
Median Home Price
🏠$680K
Need $195K income
Median Rent
🔑$2K
Need $94K income
Housing Shortage
📉110,000
units needed
Building Permits
🔨14,000
annual
Median Income
💰$97K
Pop: 4,900,000
Rent Burden
⚠️36.0%
of renters paying >30%
Price Change (YoY)
📈+5.5%
Homeownership
🏡59.5%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Boston | National |
|---|---|---|
| Price-to-Income Ratio | 7x | 6.1x |
| Rent Burden | 36.0% | 31.5% |
| Homeownership Rate | 59.5% | 65.5% |
| YoY Price Change | +5.5% | +3.5% |
| YoY Rent Change | +4.8% | +2.8% |
| Mortgage Denial Rate | 12.0% | 13.5% |
| Eviction Rate | 2.5% | 3.6% |