Affordability

Boston Condo Affordability

Uses Boston's FY2025 residential tax rate ($10.90 per $1,000) and neighborhood median prices from 2025. Data as of September 30, 2026.

Assumptions

2025 median in Back Bay: $1,455,000

Estimated monthly
$9,371/mo
Mortgage (P&I)
$7,550
Property tax
$1,322
HOA
$500
Loan amount
$1,164,000
Down payment
$291,000

Estimate excludes insurance, PMI, closing costs, and the Boston residential exemption for owner-occupants.

Want to know what $9,371/mo actually buys in Back Bay? Talk to a specialist.

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Call 617-733-6684