Boston apartments

https://bostonpads.com/blog/boston-rental-market/2022-quincy-apartment-rental-market-report/ Quincy’s apartment rental market proved to be an outlier throughout the pandemic. When apartment vacancies soared to over 9% in the city of Boston during COVID, the real-time vacancy rate (RTVR) never surpassed 3% in Quincy. Despite the relative stability and low inventory, rent prices for Quincy apartments did drop by 5% last year, and they still remain well below previous all-time highs. Quincy Apartment Supply Metrics Remain Strong Quincy’s current real-time availability rate (RTAR) is 1.29%. Interestingly, the current RTAR is nearly identical to its pre-pandemic level in mid-June 2019, when the availability rate sat at 1.28%. A look at Quincy’s historical rental market trends illustrates that low apartment availability is the norm in Quincy, MA.

https://iwatchmarkets.com/23/2021-quincy-ma-rental-market-report/ Rental demand has been on the rise in Quincy since the pandemic began. The apartment supply in Quincy stayed relatively stable throughout most of 2020 and this year, staying well below the Metro average availability rate. More recently, the rental supply contracted quickly in Boston’s inner markets while in most outer areas, the rental markets have been slower to recover. That is not the case for Quincy, where apartment availability is actually lower than it was prior to the pandemic.