What to Pay for a Boston Apartment

It is always tricky to know what to expect when moving to a new city and purchasing real estate, such is the case for one looking to move to Boston. As a Boston real estate agent, I've heard stories of folks coming to Boston thinking they have it all figured out, but soon realize that money doesn't go very far in the city. Unfortunately, a lot of people recognize the difficulties of living in Boston the hard way. The economy of Boston is much like those of San Francisco and New York.

There are bargains to be found for Boston real estate, but most of them are located a good distance from the heart of the city. If you are seeking a property that has a lot of space and is modern, there are locations away from downtown Boston that are cheaper and have access to the subway system. These parts of town include Charlestown, Jamaica Plain and South Boston. Popularity is growing in these areas thanks to their affordability, good nightlife scene and easy access to the city. Find out more about Bostonpads here.

However, if there is no option but to move to the heart of Boston, $2k won't get one very far. It's all mixed up since I've seen small apartments priced at more than $2k and have seen nicer places for less. One should keep in mind that $2k is not enough to get a studio apartment at a luxury downtown building that provides full service. Downtown Boston studios and one-bedroom apartments usually start in the ballpark of $2100 and $2500. Since those places are in full-service buildings, one will be guaranteed an updated place, parking and, in most cases, a swimming pool and a gym. When considering to move into such a place, it is a good idea to hire a Boston real estate agent since they'll provide honest feedback, and since most buildings offer to pay broker fees, it will be a free service. A Boston real estate agent can put together what one is looking for and narrow down the perfect place for the renter. Learn about Bostonpads here.

If you want to live in a downtown Boston apartment, expect to pay a little more than $2k. If your budget is lower than that, you will probably get a garden level living space or a place that is rather small. A typical broker's fee is one month of rent, which you'll pay if you get a cheaper apartment. Though it is important to include the broker's fee into your budget, you can always negotiate the fee with the owner of the property. As a real estate professional, I would advise you to book a Boston real estate agent in order to help you find the right place you are looking for.