Adobe Intern Community Guide - Boston

WELCOME TO BOSTON

Congratulations on your internship with Adobe!

We are so excited you will be joining us soon. We have compiled some information together for you to help get you oriented with your internship location. Figure out where you want to live and get started on the search as early as you can. We wish you luck in your housing search!

What to know about renting in Boston

Boston has one of the country’s highest costs of living, with the neighborhoods of Back Bay, Beacon Hill, South End, North End, West End, and Waterfront among the most expensive. Cambridge, which is further from the city, is slightly less expensive. Housing costs are influenced by the ease of commuting to the city. Parking in the city and other closed-in communities may be an extra $150-250+ per month. In outlying areas, parking is generally included in the rent. The western suburbs of Newton, Brookline, and Wellesley are highly sought-after; the suburbs of Hingham, Cohasset, Quincy, and Norwell are known as prestigious towns. There has been an increase in luxury-type housing in mid-town Boston. However, prices remain volatile. Inventory for single-family homes remains scarce.

Boston at a Glance

CONSIDERATIONS

FINDINGS

COMMENTS

Housing Availability

Low

Tenant Paid Real Estate Fees

Yes

Majority of cases tenant pays one-month rental fee.**

Typical Lease Length

12 Months

Landlords are very reluctant to sign leases longer than 1 year.

Typical Security Deposit

1 Month

Cannot legally be more than three months’ rent.

Early Termination Clauses

Difficult

Few landlords will agree to a diplomatic clause.

Negotiation of Lease Terms

Low

Common to have multiple bidders on individual units.

**Note: Tenant paid broker fees are a customary practice in the Boston market. Fees vary throughout the city and are determined by the landlord.

© 2022 Dwellworks, LLC

Boston Community Guide