Market Snapshot | Boston Q2 2025

Market Overview

In Q2 2025, Boston’s multifamily market continued to face supply-driven challenges. Q2 absorption was 1,942 units, trailing completions of 4,120 units and falling well below long-term averages. Despite the imbalance, average rent climbed 2.0 percent year-over-year to $2,949 and occupancy held at a solid 95.7 percent. The construction pipeline is beginning to moderate, which may help stabilize fundamentals going forward.

About MMG

MMG Real Estate Advisors delivers focused multifamily market research and capital strategy across key U.S. metros. Their quarterly market reports synthesize data on rents, occupancy, absorption, and construction pipelines to help investors, owners, and developers evaluate emerging trends and make informed decisions.