Allston, Boston, MA—02134
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Allston, Boston, MA
As of Oct '25, the median home price in Allston, Boston, MA is $797,000, with a year-over-year change of 6.3%. This indicates that home prices in Allston, Boston, MA are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $797,000 | 6.3% |
| Single Family | $826,000 | 7.8% |
| Condos | $583,000 | 0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $462,000 | 0.7% |
2 Bed | $617,000 | 0.7% |
3 Bed | $786,000 | 7.8% |
4 Bed | $940,000 | 8.3% |
| 5 Bed | $1,076,000 | 3.5% |
% of Housing Stock
Rental Trends — Allston, Boston, MA
As of July '25, Rentcast reports the average rent in Allston, Boston, MA is $3,540, with a year-over-year rent change of -0.8%. Per bedroom, the median rent as of July '25 in Allston, Boston, MA is studios: $2,300, 1-bedrooms: $2,650, 2-bedrooms: $3,330, 3-bedrooms: $3,990, 4-bedrooms: $4,630. The most common rental property sizes in Allston, Boston, MA are 2-bedroom and 1-bedroom, accounting for 32.5% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,250 | $3,540 |
| Studio Rent | $2,100 | $2,300 |
| 1 Bed Rent | $2,450 | $2,650 |
| 2 Bed Rent | $3,000 | $3,330 |
| 3 Bed Rent | $3,750 | $3,990 |
| 4 Bed Rent | $4,800 | $4,630 |
% of Rental Stock
Property Listings — Allston, Boston, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Allston, Boston, MA is 35. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $580,000 | -11.0% |
Listing Count | 29 | 15.0% |
| Listings as % of Homes | 0.1% | 15.0% |
Days on Market | 35 | -15.0% |
Demographics — Allston, Boston, MA
As of the latest ACS Survey released in 2023, Allston, Boston, MA has a population of 17,600, which has decreased by -9.2% over the past 5 years. Allston, Boston, MA is a less popular place for families, as children make up 6.0% of the population. The area has a highly educated workforce, with 76.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,600 | -9.2% |
% Under 18 | 6.0% | -10.4% |
% Seniors | 6.5% | 22.6% |
% WFH | 22.6% | 564.7% |
% w/ College Degree | 76.2% | 11.6% |
As of the latest ACS Survey released in 2023, Allston, Boston, MA is a predominantly white area, with 55.0% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Allston, Boston, MA is asian, making up 23.4% of the population. Foreign-born residents account for 35.5% of the population in Allston, Boston, MA, and this percentage has increased by 0.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.0% | 0.2% |
% Black | 8.6% | 87.0% |
% Hispanic | 9.1% | -26.0% |
% Asian | 23.4% | -7.5% |
% Foreign Born | 35.5% | 0.3% |
Mortgage and Risk — Allston, Boston, MA
According to HUD data as of 2023, there were 67 mortgage originations in Allston, Boston, MA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Allston, Boston, MA. Investor activity is low, as 12.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 67 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 12.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Allston, Boston, MA
As of 2024, the percent of homes in Allston, Boston, MA under the Section 8 program is 8.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Allston, Boston, MA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 595 |
Total Units Section 8 | 595 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 96.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $2,450 | $2,600 |
| 2 Bedroom | $80 | $3,000 | $3,080 |
| 3 Bedroom | -$40 | $3,750 | $3,710 |
| 4 Bedroom | -$720 | $4,800 | $4,080 |
Affordability — Allston, Boston, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.2 |
| Median Home Price | $797,000 |
| Median Household Income | $75,300 |