Hancock Village
1 Hancock Village Dr,
Chestnut Hill, MA 02467
1-2 Beds | $2,970 - $4,645
Rental Market Trends in Chestnut Hill, MA
What is the average rent in Chestnut Hill, MA?
$3,218/month
Average Rent
868 Sq Ft
Average Apartment Size
-4.9%
Decrease in the Last Year
As of July 2025, the average rent in Chestnut Hill, MA is $3,218 per month. This is 97% higher than the national average rent price of $1,636/month, making Chestnut Hill one of the most expensive cities in the US. When you rent an apartment in Chestnut Hill, you can expect to pay about $2,121 per month for a studio, $3,218 for a one-bedroom apartment, and around $4,392 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $5,743 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Chestnut Hill, MA?
In the past year, rent has decreased by 4.9%, which averages out to $158 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Chestnut Hill, MA
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
100%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Chestnut Hill?
Based on current rent prices, South Brookline is the most affordable neighborhood in Chestnut Hill.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Chestnut Hill?
Based on current rent prices, South Brookline is the most expensive neighborhood in Chestnut Hill.
Neighborhood
Average Rent
Average Sq Ft
Which Chestnut Hill neighborhoods have the most rentals available?
The neighborhood in Chestnut Hill with the most apartments available is South Brookline .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Chestnut Hill, MA?
Because the average rent in Chestnut Hill is $3,218, you’ll want to make about $10,726 per month or $128,712 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Chestnut Hill, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Chestnut Hill, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$2,508/month
$2,508/month
One Bedroom
$3,198/month
$3,198/month
Two Bedroom
$4,303/month
$4,303/month
Three Bedroom
$5,966/month
$5,966/month
Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.