Chestnut Hill, Newton, MA Rental Market Trends

The average rent for an apartment in Chestnut Hill, Newton, MA is $4,426 ($3.40 per sqft), based on a survey of 30 rental listings in Chestnut Hill, Newton, MA conducted by Hello Data, Inc. on May 28, 2023. This is 136% above the national average rent of $1,875 ($1.87 per sqft). The following graphs show how average rent varies based on number of bedrooms, square footage, quality and location:

Average rent in Chestnut Hill, Newton, MA by Number of Bedrooms

The chart below shows the average rent in Chestnut Hill, Newton, MA for apartments by number of bedrooms:

Average apartment size in Chestnut Hill, Newton, MA

The average apartment size in Chestnut Hill, Newton, MA is 1,302 sqft, which is 30% above the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Chestnut Hill, Newton, MA for each unit type:

Average Rent in Newton, MA by Neighborhood

There are 3 neighborhoods in Newton, MA . Chestnut Hill is the most expensive neighborhood, with an average rent of $4,570 ($3.87 per sqft), and Nonantum is the most affordable neighborhood in Newton, MA , with an average rent of $2,325 ($3.17 per sqft). The following tables show the Top 5 neighborhoods in Newton, MA by average rent and the top 5 most affordable neighborhoods in Newton, MA by average rent:

Top 3 most expensive neighborhoods in Newton, MA by average rent:

Neighborhood
$4,570 avg. rent
$3.87 per sqft
$4,000 avg. rent
$3.01 per sqft
$2,325 avg. rent
$3.17 per sqft

Top 3 most affordable neighborhoods in Newton, MA by average rent:

Neighborhood
$4,570 avg. rent
$3.87 per sqft
$4,000 avg. rent
$3.01 per sqft
$2,325 avg. rent
$3.17 per sqft

Average Rent in Newton, MA by Zip Code

There are 5 zip codes in Newton, MA . 02461 is the most expensive zip code, with an average rent of $5,405 ($4.06 per sqft), and 02460 is the most affordable zip code in Newton, MA , with an average rent of $2,325 ($3.03 per sqft). The following tables show the Top 5 zip codes in Newton, MA by average rent and the top 5 most affordable zip codes in Newton, MA by average rent:

Top 5 most expensive zip codes in Newton, MA by average rent:

Zip Code
$5,405 avg. rent
$4.06 per sqft
$3,965 avg. rent
$3.58 per sqft
$3,745 avg. rent
$3.33 per sqft
$3,400 avg. rent
$2.47 per sqft
$2,325 avg. rent
$3.03 per sqft

Top 5 most affordable zip codes in Newton, MA by average rent:

Zip Code
$5,405 avg. rent
$4.06 per sqft
$3,965 avg. rent
$3.58 per sqft
$3,745 avg. rent
$3.33 per sqft
$3,400 avg. rent
$2.47 per sqft
$2,325 avg. rent
$3.03 per sqft

Average Apartment Listing Volume and Average Time on Market in Chestnut Hill, Newton, MA

Average number of days on market in Chestnut Hill, Newton, MA

The average listing remains on the market for 10 days in Chestnut Hill, Newton, MA. This is equal to the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Chestnut Hill, Newton, MA:

Available Apartments in Chestnut Hill, Newton, MA by Unit Type

On May 28, 2023 Hello Data, Inc. surveyed 30 active apartment listings in Chestnut Hill, Newton, MA. The graph below shows the breakdown of multifamily units listed by bedroom count:

Frequently Asked Questions – Chestnut Hill, Newton, MA Average Rents

What are the most affordable neighborhoods in Newton, MA?

The most affordable neighborhoods in Newton, MA are Nonantum, where the average rent is $2,325 ($3.17 per sqft) and Newton Upper Falls, where renters pay $4,000 ($3.01 per sqft) per month on average.

What are the most expensive neighborhoods in Newton, MA?

The most expensive neighborhoods in Newton, MA are Chestnut Hill, with an average rent of $4,570 ($3.87 per sqft) and Newton Upper Falls, with an average rent of $4,000 ($3.01 per sqft) per month.

What are the most popular neighborhoods in Newton, MA?

The most popular neighborhoods in Newton, MA are Chestnut Hill, with 31 active listings as of May 28, 2023 and Nonantum, with 16 active listings as of May 28, 2023.

How much is a 1 Bedroom apartment in Chestnut Hill, Newton, MA?

The average monthly rental price for 1 Bedroom apartments in Chestnut Hill, Newton, MA is $3,575 ($3.13 per sqft).

How much is a 2 Bedroom apartment in Chestnut Hill, Newton, MA?

The average monthly rental price for 2 Bedroom apartments in Chestnut Hill, Newton, MA is $4,740 ($4.02 per sqft).

How much is a 3 Bedroom apartment in Chestnut Hill, Newton, MA?

The average monthly rental price for 3 Bedroom apartments in Chestnut Hill, Newton, MA is $5,695 ($3.05 per sqft).

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