A Walk in the Park: Exploring the Correlation Between Walkability and High Rental Rates in Boston

MarketRent Team
April 9, 2024

Walkable neighborhoods have become increasingly popular among renters and real estate investors in recent years. The concept of walkability, which encompasses factors such as proximity to amenities, public transportation, and pedestrian-friendly infrastructure, has been correlated with higher rental rates in many urban areas.  

 

As city dwellers increasingly prioritize accessibility and mobility, neighborhoods like Roxbury and Dorchester in Boston emerge as prime real estate destinations. Whether it's the ease of running errands on foot or the camaraderie forged through chance encounters on the sidewalk, the allure of walkable living continues to shape the urban landscape—and in Roxbury and Dorchester, the proof is in the rent. 

 

The data highlights the correlation between walkability and rental rates. Walkable areas tend to command higher rents due to convenience and amenities. As Boston continues to enhance walkability, property values and rental rates are likely to benefit.  

 

Explore this page to examine the influence of walkability on rental rates in Boston by searching zip code data. 


 

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