Here is how much money you can save by moving just one MBTA stop away
In some cases, it's hundreds of dollars a month.
The median asking price for a one-bedroom rental in Greater Boston is up 3.6 percent from last year, according to a new study from the apartment search site RentHop. But, it turns out, moving just one T stop away could save you hundreds each month on rent. In a couple of cases, you could save about $1,000.
RentHop mapped the median rent for one-bedroom apartments across the city based on 30 or more listings within 660 feet (one-eighth of a mile) of each T stop. In cases where there were not enough listings in that radius, RentHop expanded its search to within 0.25 mile.
The map showcases year-over-year rent increases at each stop, along with the current median one-bedroom rent. According to RentHop, rents increased at 101 T stops around the city since last year’s map and decreased at only 23.
The largest price disparity was between Back Bay ($3,377.50) and Massachusetts Avenue ($2,400) on the Orange Line, where moving one station away could save $977.50 per month. RentHop notes that these disparities could be linked to the stop being on the edge of a neighborhood or rents dropping or rising at one of the stops.
Other MBTA stops that saw the biggest disparities: $970 between Broadway ($2,925) and Andrew ($1,955) on the Red Line; $860 between Longwood ($2,860) and Brookline Village ($2,000) on the Green Line D branch; $860 between Community College ($3,010) and Sullivan Square ($2,150) on the Orange Line; $750 between Prudential ($3,100) and Symphony ($2,350) on the Green Line E branch; and $600 between Union Park Street ($2,850) and Massachusetts Avenue ($2,250) on the Silver Line.
MBTA stops that saw the biggest decrease in rents from last year were: Blandford Street on the Green Line, Assembly on the Orange Line, Saint Paul Street on the Green Line, and Porter on the Red Line. MBTA stops that saw the biggest increase in rents from last year were: Maverick on the Blue Line, Haymarket on the Green and Orange lines, Butler on the Red Line, Back Bay on the Orange Line, and Brookline Hills on the Green Line.
Subscribe to our free real estate newsletter — our weekly digest on buying, selling, and design — at pages.email.bostonglobe.com/AddressSignUp.
Conversation
This discussion has ended. Please join elsewhere on Boston.com