Rental Analysis for:
Olga Perez
I've done a rental analysis on your home at 31 Queensberry St Unit 20, in Fenway and have prepared this webpage to help explain how your home’s price was derived. The analysis considers your home’s size, configuration, number of bedrooms and baths, lot size and general condition.
The analysis also scrutinizes for issues that could impact the price of a home making it more or less valuable.
Finally the analysis looks at your current competition - the other homes that buyers in your price range will be viewing, to help determine your price.
Contents
Market Dynamics
Market Analysis
Pricing Strategy
1. Market Dynamics
There are always a number of buyers looking to buy in Fenway because of the access to great Boston universities, the nightlife, and the hustle and bustle. People like the feeling of the the busy center, and want to stop and have a coffee, or have dinner at the many well regarded restaurants, or just watch the world go by, chatting with folks who are out and about. The Back Bay Fens and other parks as well as Fenway Park close by pull those who desire an outdoor lifestyle while still remaining within the vibrant city of Boston.
Average Sale Price
Average rents in Fenway have seen the following:
2025 - $3,271
2024 - $3,345
2023 - $3,342
2022 - $3,238
We’ve seen rents stay pretty stable the last 4 years. In 2025, average rent when down 2.21%.
Rent Price Distribution
Sales distribution statistics show that the $2Ks and $3Ks price ranges are the most active for rentals in Fenway.
2. Market Analysis
3. Pricing Strategy
After thoroughly analyzing relevant homes in the area, I've determined that your home's final market value falls within the range of $2,200 to $2,300.
Pricing strategy suggestion:
The pricing strategy depends on the lease start date. The Boston rental market is unique in that there are are 3 major lease cycle dates. In order of significance they are: Sep 1, Jun 1, Jan 1. Boston rental market has adopted these lease cycle dates overtime because of the 40+ universities, and couple dozen hospitals it has and how they align with academic and medical calendars.
During these move in dates, apartments command the highest prices. Outside of these lease dates, the rent prices are more flexible.
Finding what works best for you:
Pricing is about positioning.
If we list the apartment for $30,000/month and it’s worth $2,000/month then we’re going to get very few people interested.
If we listed for $1.00 then we’re going to get a LOT of action.
Our job is to calibrate this to get the best possible results and get you the highest rent possible in the least amount of time.
I do have to stress that these are recommendations. We would bring your home on the market at whatever price you deem to be appropriate.
Conclusion
Unlike other agents, I do not believe in projecting more money than I think your home will sell for just to get your business...
By pricing your home competitively and leveraging effective marketing strategies, we aim to attract a high volume of interested renters. This increased demand will naturally drive up competition and ultimately help you have a more solid pool of renters to choose from.
While the decision on pricing is ultimately yours, I strongly advocate for my suggestions above. By using them, I’m confident we can achieve success in the market and secure the best outcome for you.