Boston 2010 Real Estate News

Boston Property News

Wednesday, November 4, 2009

Now’s the time to rent in Boston

Archstone Avenir will give you back $5000 if you rent a one-bedroom.

It’s the perfect storm for landlords. There’s a down economy. Companies are forgoing relocations to save money, and in the past few years several new rental buildings have popped up creating a market flush with vacant apartments.

Leasing an apartment in Boston is still expensive compared to many other cities in the U.S., but perspective renters are in luck because many of the newer buildings are offering incentives. These include free rent for a month, thousands back on leasing deals and monthly specials.