2023 South End Apartment Rental Market Report

South End’s apartment rental market peaked early in 2023. Availability for South End apartments hit its yearly high mark in February of this year and has been falling since. Considering that apartment availability typically peaks in April in the South End, it’s an ominous sign that inventory continues to struggle to keep pace with demand for apartments in Boston’s South End.

As a result, the average rent price in the South End is up by double digit margins since last year and hit an all-time high a few weeks ago in March. Here are the main trends driving South End’s apartment rental market in 2023.