Business

Boston area apartment rents up nearly 6 percent in 2015

Rents nearly 6 percent in Greater Boston in 2015, the fastest clip in at least six years, according to new data.
Keith Bedford/Globe Staff
Rents nearly 6 percent in Greater Boston in 2015, the fastest clip in at least six years, according to new data.

Rents climbed 5.7 percent in Greater Boston in 2015, the fastest clip in at least six years, according to new data out Wednesday.

The average rent for an apartment is now $2,009 a month, said real estate data firm Reis, Inc. That’s the first time Boston has broken the $2,000-per-month barrier. Among the 79 markets Reis tracks, only New York City, San Francisco and Silicon Valley are more expensive places to rent.

The surge comes as a wave of high-end apartment buildings have opened around Boston in recent months, driving up the top end of the rental market, even as demand grows for hard-to-find mid-priced units. There have been some signs that rents are flattening in luxury properties downtown, but less-expensive apartments have seen fast rent growth in much of the region.

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In one sign of hope for renters, the region’s vacancy rate ticked up two-tenths of a point in the fourth quarter to 5.6 percent. That’s the highest it has been since 2010.

Nationwide, rents climbed 4.6 percent in the last year, Reis said.

Tim Logan can be reached at tim.logan@globe.com. Follow him on Twitter at @bytimlogan.