A Detailed Look at the Mission Hill Apartments Housing Market

Analyzing the current rental market in Boston is essential to choosing a residence that is best suited to your needs. It requires looking at the data, the physical layout, and development patterns of the area you’re interested in. The housing market for Mission Hill apartments continues to be a focus for tracking trends in the city. The neighborhood is a primary center for residential activity based on its proximity to colleges, universities, and important medical facilities. Brigham and Women’s Hospital and New England Baptist Hospital are both located on Mission Hill. It’s also conveniently situated near public transportation such as the Green Line and Orange Line. Providing great views from its elevated landscape and surrounded by numerous cultural and educational venues, Mission Hill consistently attracts many renters.

Current Rent Prices for Mission Hill Apartments
According to Boston Pads Real-Time Rental Data, as of January 2026 the average rent across all unit types is $4,329 per month. This represents a 5.46% overall increase from the previous year. Starting with smaller options, studio apartments average $2,093 per month and one-bedrooms average $2,794 per month.

Larger living spaces account for a substantial volume of currently available inventory in Mission Hill. Although monthly rent is more expensive compared to studios and one-bedrooms, the cost-per-bedroom is far less. For example, two-bedroom residential rentals are $3,441 per month or $1,720.50 per month per bedroom. Three-bedrooms, which are often found in traditional triple decker homes, average $4,523 per month or $1,507.67 per month per bedroom. If you require an even bigger unit, four-bedrooms come in $5,962 per month or $1,490.50 per month per bedroom. Five-bedrooms are now priced at $7,349 per month, which breaks down to $1,469.80 per bedroom per month.

Available Inventory and Vacancy Rates

Both the available inventory and vacancy rates are determined by a seasonal rental cycle. The majority of lease agreements are based on a September 1st move in date. This creates a major increase in available inventory in the early spring, and a significant decrease after the beginning of September.

According to Boston Pads Real-Time Data, the current Real-Time Availability rate, or RTAR for short, for Mission Hill apartments as of February 2026 is 12.37%. In comparison, the RTAR on September 1st, 2025 was 2.94%. This illustrates the increase in apartments that have been placed on the market for the upcoming leasing cycle. However, the Real-Time Vacancy Rate, or RTVR for short, for Mission Hill is now 0.77%. That means only 0.77% of available inventory is currently vacant, highlighting the strong demand and limited supply of apartments in Mission Hill.

The Geographical Layout of Mission Hill

The geography of the area is a defining characteristic of the Mission Hill neighborhood; the elevation provides picturesque views of the Boston skyline. The streets are arranged to accommodate the hilly topography, creating an image of historic Boston. Though only ¾ of a square mile, Mission Hill encompasses large green spaces for relaxation and recreation. Kevin Fitzgerald Park, a former quarry, provides 5.5 acres of grass and paths. It is a popular neighborhood gathering place due to its gorgeous views of the Fenway, Lower Roxbury, and Back Bay. McLaughlin Park offers space to play and enjoy the lush surrounding greenery. The Butterfly Garden rests on the Back of The Hill and is a small, beautiful garden designed to attract butterflies.

Development Trends Shaping the Local Market

New construction is currently changing the skyline and the type of housing available. Several projects are under review or recently approved for 2026. For example, a new six-story building is planned for Terrace Street, which will add 65 rental units to the inventory. Other developments on Saint Alphonsus Street and South Huntington Avenue are converting older homes into multi-unit complexes or expanding existing footprints to include more residential space.

There is also a trend toward mixed-use developments. These buildings often feature a podium design with retail shops or cafes on the ground floor and several stories of apartments above. These modern structures are typically made of steel and glass, contrasting with the older wood and brick buildings. The presence of the Longwood Medical Area on the eastern border continues to drive the demand for these high-density housing options. The infrastructure is also being updated, with new bike lanes and improved street lighting along major corridors like Tremont Street.

Final Thoughts

The market for Mission Hill apartments is driven by its highly attractive landscape, strategic location, and stunning architecture. High demand for multi-bedroom units keeps the average rent elevated, while the low vacancy rates exhibit its consistent appeal. The architecture remains a mix of the old and the new, from the iconic triple-deckers to the rising glass towers. By looking at the rent prices, the availability of units, and the new development projects, the area continues to be a functional and active part of the city’s housing network.

 

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