Boston rents see nearly 6% drop in pandemic


WCVB (July 17, 2020) -- The numbers show the asking price for rents dropped in Boston last month. But the rent on signed leases dropped even more, showing landlords are suddenly willing to negotiate.

As recently as May, a four-bedroom apartment in Brighton was going for $3,400 a month. Now, the landlord has dropped the rent by nearly a quarter to $2,800 a month.

According to the property management software company Real Page, rents on signed leases in Boston fell 5.8% last month.

Read more at: WCVB