Applying for rent in Boston? You will need stellar credit. The average credit score of applicants who are approved for rent in Boston is 737, the highest score in the 50 largest U.S. cities. Boston is the third most expensive city for renters in the country, with an average monthly rent of around $3,200, according to Yardi Matrix.
Top 10 Cities with the Highest Approved Average Credit Scores for Renting in 2017
| # | City | Avg. Credit Score | Avg. Rent | 5-Year Rent Increase |
|---|---|---|---|---|
| National | 650 | $1,354 | 20.8% | |
| 1 | Boston, MA | 737 | $3,232 | 25.3% |
| 2 | San Francisco, CA | 724 | $3,440 | 38.0% |
| 3 | Seattle, WA | 711 | $2,016 | 51.8% |
| 3 | Minneapolis, MN | 711 | $1,471 | 29.0% |
| 5 | Oakland, CA | 707 | $2,520 | 52.7% |
| 6 | Philadelphia, PA | 702 | $1,496 | 22.3% |
| 7 | Los Angeles, CA | 691 | $2,289 | 38.1% |
| 8 | Portland, OR | 690 | $1,458 | 39.4% |
| 8 | Chicago, IL | 690 | $1,825 | 29.2% |
| 10 | Nashville, TN | 686 | $1,258 | 49.2% |