Fenway / Kenmore Square Real Time Apartment Vacancy Rate of 7.9% April 4, 2014

The Fenway/Kenmore Square vacancy rate was found through a study of data gathered from the industry leading BostonPads (www.bostonpads.com) real time apartment rental database of over 120,000 listings. The vacancy rate includes apartments that are either vacant and/or currently available for rent. Of the 120,000 listings, over 2,000 of these listings are located in the Fenway and Kenmore Square neighborhoods. Over 150 apartments are currently available for rent in this centrally located and very popular part of the city. Currently, the Kenmore Square and Fenway real time vacancy rate is 7.9%. 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.

The Fenway and Kenmore Square areas are two extremely desirable locations within the city. They offer a variety of living accommodations including, quintessential Boston brownstone apartments, refurbished condos, large high rise apartments and lovely single family homes.

The areas’ central locations accessible to Longwood Medical Center, Boston University, Fenway Park, Back Bay and other major destinations make these neighborhoods desirable for families, working professionals and students alike! The neighborhoods extend north to Brookline, south to Back Bay and west to Symphony encompassing a significant portion of the downtown area.

Due to the areas popularity, parking is very competitive and the cost of parking is at a premium. Therefore, multiple options for public transport are incredibly important. The Green Line D Branch extends from Newton’s Riverway through both the Fenway and Kenmore T stops to Government Center. The Green Line C Branch travels through Beacon Street to Kenmore Square and downtown. The Green Line B branch runs through Commonwealth Avenue to Kenmore Square and downtown. Kenmore Square Bus Terminal services the 8, 9, 19, 57, 57A, 60 and 65 bus routes. From the Fenway Station, commuters can reach the 47, 57 and CT2 bus routes. In addition, the Yawkey Commuter Rail Station in Fenway services the Framingham/Worcester Line.

While the two areas overlap, Fenway and Kenmore Square offer different amenities to the residents. The Fenway neighborhood offers the thrill of being close to action throughout baseball season. It is a unique experience to be within walking distance of Fenway Park and potentially hear the roar of the crowd from your doorstep. The bars and restaurants surrounding Fenway Park offer a variety of entertainment and food options that can be enjoyed on the on and off seasons. These include Game On, Cask N’ Flagon, Yard House, Lansdowne and Bill’s Bar. All offer great viewing accommodations to watch any game. The House of Blues, a major concert venue in Boston, holds a variety of events from major artists to music festivals. For more tranquil enjoyment in Fenway, the Fenway Victory Park, a landscaped portion of Boston’s Emerald Necklace, includes several walking paths and a stunning rose garden in the spring.

Kenmore Square distinguished by the large Citgo Sign atop a number of brownstone buildings also offers a an eclectic mix of dining experiences from major chains such as, Bertuccis and Uno’s to high-end restaurants including, The Eastern Standard. Apartments in this area include multiple high rise buildings and large brownstones. However, Bay State Road is a wonderful tree-lined street comprised of small brownstone apartments. Kenmore is also conveniently within walking distance to the Charles Pavilion, Back Bay, Hatshell and major shopping on Newbury Street! Both areas offer everyday amenities including a twenty-four hour Shaws grocery store, Landmark Center and a Showtime Movie Theater.

The large number of recreation activities, amenities and central location make renting in both the Fenway and Kenmore neighborhood highly competitive. One, two and three bedroom apartments are in high demand throughout the year. June first and September first move in dates are the most popular throughout the Boston area.

A knowledge real estate agent with exclusive listings in the Fenway and Kenmore neighborhoods and ample relationships with landlords can make your apartment search successful. With the massive amount of listings available in the database, realtors will be able to make your apartment dreams come true. To find a qualified Real Estate Professional visit fenwaypads.com – the most valuable Fenway / Kenmore database containing thousands of beautiful apartments. FenwayPads is part of the largest real time apartment database in MA with over 120,000 apartment listings and more than 14,700 landlords in the Greater Boston Area. www.FenwayPads.com works with the most amount of landlords in the Fenway Boston Massachusetts area.

Brighton MA Apartment Availability Rate is at 2.57%!

As March comes to a close the real time apartment vacancy rate in Brighton, Boston, MA is 2.57% according to the BostonPads database. The vacancy rate includes apartments that are either vacant and/or currently available for rent. The Brighton area encompassing, Boston College, Brighton Center, Cleveland Circle, North Brighton, Oak Square and Washington Street includes a total of 206 active available apartments. The 2.57% is based on analyzing the data of over 7,551 apartment listings in the Brighton area. 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. The Bostonpads database continuously gathers data through its network of sites and is the largest real time apartment database in New England.

The Brighton MA area is an extremely popular community offering a variety of housing options such as, privately owned homes, multi-family homes, large apartment complexes and professionally managed buildings. It is an extremely popular area for families, professionals and students due to its dynamic neighborhoods and reasonable cost of living.

Another desirable aspect of Brighton is its widely accessible public transportation. The MBTA Green Line B Branch extends through Commonwealth Avenue to the Boston College area of Brighton. The C line extends from Cleveland Circle to North Station. MBTA buses are another excellent option for public transport within the Boston area. The 57 Watertown Yard bus includes stops in Brighton Center, Newton Corner and Kenmore Square. The 64 University Park bus line reaches Cambridge Kendall/MIT area via North Beacon Street. While the Brighton Center bus will take riders to Kenmore Square through Brookline Village. There are also two express bus routes to downtown Boston ideal for work commutes in the morning and evening. The 501 Express Bus Brighton Center reaches downtown via Oak Square and the Massachusetts Turnpike. The 503 Express Bus – Brighton Center reaches Copley Square via Oak Square and the Massachusetts Turnpike.

Brighton, Boston’s northwestern neighborhood annexed in 1873, offers a smaller community environment with all of the amenities of nearby downtown Boston. Public libraries, parks, the Charles River, Chestnut Hill Reservoir and private educational institutions are all available amenities in Brighton. The Boston Public School system includes a separate public high school for the community, Brighton High School. Saint Elizabeth Medical Center apart of the Steward Health Care System is located on Cambridge Street in Brighton.

Many commercial and small businesses call Brighton home. This list includes, the New Balance world headquarters, Boston College, WGBH, and a variety of family owned restaurants, grocery stores and bars.
For anyone interested in a smaller community accessible to Boston’s cosmopolitan center, Brighton is an excellent option. To find the best apartment in the area it is incredibly valuable to find a real estate agent familiar with multiple neighborhoods within Brighton. A knowledgeable agent from www.BrightonPads.com can find the best apartment nearby public transit and other amenities.

How to avoid moving home after graduation

1) Use an online resource to match-up with housemates. There are plenty of websites such as Craigslist, BackPage, University Websites and other classified pages that can help you find a roommate. If having your own room is out of the question, consider sharing space with someone else so that both of you can stay within your budgets! In the Boston area, lots of people find their roommates on Facebook as well.

2) Work a part time job while in college and save money for graduation. By working a part time job while in school, you will be able to allocate money for graduation and have enough to live on your own for some time! Even if it is a minimum wage job, by saving 20-25% of your income in a savings account or basic money market account, you will be able to afford rent upon graduation! Another thing to consider is getting a flexible job like being an apartment leasing specialist while being a Boston area student. Find a reputable agency that rents the most apartments each year and consider working there to generate additional monies.

3) Invest in the stock market or real estate while in college and sell after graduation. Make an up front investment when arriving in college and then dump it when you graduate! If you are tight on cash, the stock market may be a better idea since it typically has a lower amount of initial investment required. Real estate is always a great opportunity as well, as properties have potential to rise in value and show massive returns in your time at school! Be careful with aggressive investments though, markets can sometimes crash and there is potential to lose money. Each year countless students buy properties either on their own or with the help of their financial supporters/family and own instead of renting.

4) Live with an older sibling. While this may not be the most glamorous option, it sure is better than living with your parents! Depending on what the age gap is between you and your sibling, sometimes this works well for people. Depending on your relationship, you may be able to get free rent out of the deal too!

5) House-sitting opportunities. Some business professionals or retired couples will take the entire summer off and go to Florida or another tropical location! If you check your local classified ads, sometimes you can be paid to make sure the lights are on and there is slight activity in an unoccupied house. What’s better than getting paid to live in your own temporary house?

6) Take a year off from college and work a high paying job that can pay off your loans and give you leftover money. After your junior year of college, consider taking a year off and working full time! Whether it is a co-op, an internship or a temporary full time job, the experience will help you when you graduate and the money on the side can’t hurt either! Websites like LinkedIn, Indeed.com, Craigslist and BostonRealEstateJob.com can help you find different types of jobs, many of which are entry-level!

7) Travel. Traveling upon graduation is a great opportunity that many young professionals choose. There are not many times in your life when you can pick everything up and go to another city or another country. A decade from now, you may be settled down with a family and have other important factors to tend to. Traveling while you’re young can be a cost-effective way to spend your time upon graduation!

8) Explore affordable options on Boston’s largest apartment database, BostonApartmentNetwork.com. Contact a local real estate agent who knows pricing in different areas! By looking through Boston’s (and New England’s!) largest apartment database, www.bostonapartmentnetwork.com, powered by the BostonPads network of websites, you can find affordable options in Greater Boston! Certain areas of the city are more expensive than others, if you are looking for a free market analysis, contact an agent from that site and give them details on the price point you are trying to stay within! Qualified agents are available seven days per week and can help you maintain your financial goals through proven and reliable advice.

9) Spend less money and save it for rent! Instead of hitting the bars the third night in a row, maybe you and your roommates stay in for the night. Going out to dinner and for drinks may not seem like a lot of money at the time, but that money ads up quickly! By analyzing where you spend the most money and cutting certain expenses out of your lifestyle, you will be surprised by how fast the money ads up!

10) Move outside of the city! Living in the city is typically the most expensive place to live! If you want to live in Boston, chances are you will pay more than if you explore options like Framingham. The MBTA lines run to many suburbs of the city, and if you are trying to save money, you should consider other areas further away! A qualified real estate agent will be able to help you with this as well, which once again you can find on www.bostonapartmentnetwork.com.