2022 Allston Apartment Rental Market Report

Allston’s apartment rental market looks poised for a record year in 2022. The Allston rental market is just starting to warm up, and apartment availability and vacancy rates are currently sitting at all-time lows. Just last March, Allston’s apartment availability hit an all-time high (27.52%) as we endured the worst of the COVID-related supply glut. This drastic supply swing will undoubtedly push Allston rent prices upward in 2022. In fact, the most recent Allston rental data suggests that it has already begun.
Allston Apartment Supply Rollercoaster Ride

The current real-time availability rate (RTAR) for Allston apartments is 4.27%. That marks a -46.63% drop from its pre-pandemic level in February 2020, and a massive 84.48% drop from its all-time high set just 11 months ago.