This spring the real time apartment vacancy rate in the North End of Boston is at 8.21% according to the NorthEndPads database (www.northendpads.com). The vacancy rate includes apartments that are either vacant and/or currently available for rent. Of the over 120,000 listings, over 1,100 are available in the North End Boston MA area. Today, there are close to 100 apartments available. The real time vacancy rate does not include data gathered from large luxury buildings, as they were purposely omitted to ensure the highest accuracy of data. Due to the competitive leasing environment within the North End, the vacancy rate will fluctuate daily.
The North End’s proximity to downtown specifically, Boston’s financial district makes apartment rentals incredibly popular. Its neighborhood maintains a condensed population within narrow streets filled with apartments and Italian restaurants. The North End features 19th century architecture with commercial and luxury units located closer to the harbor. The limited amount of apartments in the North End combined with its large demand has caused rents to sky-rocket. While many would love to call the North End home most are unable to afford the cost of living. Today, the North End attracts professionals, empty-nesters, families and some students due to the large number of amenities available.
The North End remains one of the most popular tourist destinations within the city because of the many historic sites nearby. Its landmarks include the Old North Church, Copp’s Hill Burying Ground, Pierce-Hichborn House, Paul Revere House and Copp’s Hill Terrace. The North End’s Italian roots are seen in the various Italian restaurants and feasts celebrated during the summer. During the warmer months of the year, windows and doors to many restaurants are removed to create an open-air dining environment. Public celebrations are generally held in the street closed off to traffic. Most feasts occur in late summer, displaying parades and Italian food. Some of the most famous bakeries in Boston frequented by both visitors and Bostonians alike are Mike’s Pastry and Modern Pastry. The baked goods rival those served in Italy. There are also small boutique clothing and jewelry shops on Hanover, Salem and Commercial Street.
The North End also includes many public spaces funded by the city that all residents may enjoy. Christopher Columbus Park located along the water provides an excellent green space to stroll with a pet, friends or family. Langone Park also located along the harbor features baseball and soccer fields. A public pool, Mirabella Pool, is available for city residents during the summer. There is also a North End branch of the Boston Public Library and a public primary school included in the Boston Public School System.
Parking and driving in the North End is very difficult even for those who obtain a free residency parking ticket. Most choose to utilize the Massachusetts Public Transit Authority T and commuter rail system. Orange and Green Lines run right through the North End, via the Haymarket stop. The Red Line has two stops close by, Charles / MGH and Downtown Crossing. The Blue Line Aquarium Station is also close by. Local bus routes also run through the North End and connect the North End to the rest of the city. Some of these bus routes are: 4, 93, 111, 191, 192, 428, 193, 325, 325 and 352. While parking is extremely difficult in the North End due to its dense population and small geographic region, the North End is accessible via a variety of roads like I-90 and Storrow Drive.
Although the city is accessible with public transit, it is easy to walk to many downtown attractions from the North End. Nearby Faneuil Hall or Quincy center includes a variety of dining and shopping markets. A daily farmer’s market located at Haymarket Station provides local produce at a reasonable price. Another major attraction, the T.D. Garden, home to the Boston Celtics and Bruins, is also the largest concert venue within Boston.
With hundreds of amenities and attractions within a short distance, it is not surprising that the North End is one of the most competitive rental markets in the city. To better navigate the complicated and fast-paced market reach out to a realtor. A realtor will provide valuable insight on landlords, location and quality within the North End. To find a qualified Real Estate Professional visit northendpads.com – a valuable database including thousands of beautiful apartments.