Condos in Boston neighborhoods Under $500,000

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The number of Boston condos for sale is limited right now, especially below the $500,000 price point. That being said, there is usually a constant demand for Boston condos. Many are still receiving multiple offers within 24 hours of being listed. While we have seen a slight decline in Boston condos and single family home sales overall, both rising inflation and mortgage rates, as well as low inventory, are primary contributing factors.

While the average price per square foot in Boston is $832 per SF, that varies across neighborhoods. For example, in the Seaport District, the average price per square foot of a condo is $1,596. In Downtown Boston, it is $1,157/SF and in Back Bay it’s $1,320. West Roxbury is one of the more affordable neighborhoods, at $444/ SF along with Roslindale at $466. It’s also worth mentioning that the price per square foot is typically lower for larger homes. This means that if you’re looking to purchase a 1- bedroom condo, the price per square foot will likely be higher than if you were purchasing a 3- bedroom condo in the same area, but that doesn’t mean it’s not a good deal overall.

BOSTON NEIGHBORHOOD AVERAGE PRICE PER SQUARE FOOT
BOSTON $842
ALLSTON $642
BACK BAY $1,320
BAY VILLAGE $1,009
BEACON HILL $1,229
BRIGHTON $647
DORCHESTER $488
DOWNTOWN $1,157
EAST BOSTON $743
FENWAY $977
FORT HILL $476
JAMAICA PLAIN $591
MISSION HILL $558
NORTH END $958
ROSLINDALE $466
ROXBURY $536
SEAPORT $1,596
SOUTH BOSTON $772
SOUTH END $1,317
WEST ROXBURY $444

 

Let’s take a look at Boston condos for sale in different neighborhoods- all below $500,000.
 
North End Condo kitchen

North End Condominium

List Price: $475,000
Square footage: 388 SqFt
Price per square foot: $1,224.23/SqFt
Association fee: $213.70 Monthly

This one bedroom Boston condo for sale is perfectly located in the heart of the North End. Located on the third floor, this unit has plenty of awesome features such as exposed brick, hardwood floors throughout, and plenty of natural light. You can spend your time on the common roof deck that has an absolutely gorgeous view of the city. There are many shops, restaurants, and bars just down the street. This condo features high ceilings and a kitchen island.

Seller’s Representative: The Bushari Team Compass, Compass

Brighton Condominium

List Price: $499,000
Square footage: 470 SqFt
Price per square foot: $1,061.70/SqFt
Association fee: $234.54 Monthly

This unit is a great opportunity to own one of those new construction Boston condos for sale that everyone is talking about. Let’s start with the gourmet kitchen with custom cabinetry, quartz countertops and paneled appliances that are sure to please even the most inspired chef. The spa-like bathroom includes marble tile, brass Brizo fixtures, and designer lighting. Building amenities include Wifi co-working, private work pods, and a high-end fitness room to name a few. The building is pet friendly.

Seller’s Representative: Richard Hornblower, Coldwell Banker Realty – Back Bay

South Boston Condominium

List Price: $499,900
Square footage: 505 SqFt
Price per square foot: $989.90/SqFt
Association fee: $153 Monthly

Have you been searching for Boston condos for sale, but can’t seem to find a top floor unit in your price range? If you answered yes to this question, then this place may very well be your next home. As an added bonus, this Top Floor condo is located 2 blocks from the beach. The unit features a recently renovated kitchen and bathroom, high ceilings, a ton of natural sunlight, and a deck that has views of the ocean and the city.

Seller’s Representative: Brian Gagnon, Coldwell Banker Realty – Back Bay

East Boston Condominium

List Price: $499,000
Square footage: 670 SqFt
Price per square foot: $744.78/SqFt
Association fee: $134 Monthly

Are you looking for Boston condos for sale that have wide open floor plans and soaring ceilings? If so, this may be the place for you. The chef inspired kitchen boasts custom cabinets and quartz countertops. The bathroom is absolutely gorgeous. It even has floor to ceiling tiles. The master bedroom includes a walk-in closet featuring custom built-ins and in-unit laundry for your convenience.

Seller’s Representative: Jenna DiSalvio, RE/MAX Revolution

Jamaica Plain Condominium

List Price: $499,000
Square footage: 810 SqFt
Price per square foot: $616.05/SqFt
Association fee: $120 Monthly

You’re going to fall in love with this amazing unit as soon as you walk into it. The modern kitchen has white shaker cabinets, granite countertops, and stainless-steel appliances. There is even a laundry machine in the pantry for your convenience. The weather is starting to warm up, so now is the perfect time to spend your time on the back and front porches. This condo is located near public transportation.

Seller’s Representative: Christian Iantosca Team, Arborview Realty Inc.

Roslindale Condominium

List Price: $499,900
Square footage: 971 SqFt
Price per square foot: $514.83/SqFt
Association fee: $250 Monthly

You may have seen some Boston condos for sale, but don’t make any final choices until you view this incredible unit. The modern kitchen has stylish white cabinets that perfectly match the quartz countertops. The appliances are stainless-steel and include a stove, dishwasher, refrigerator, and built-in microwave oven. Washer/dryer hookups are located in the unit. You’ll appreciate the high ceilings, abundance of natural light, and shiny wood floors.

Seller’s Representative: The Shahani Group, Compass

The Boston Pads portal has an immense directory of condos in Boston for sale in its database.

If you’re looking for the best selection of Boston condos for sale, you’ll be sure to find your ideal one here. You can filter by neighborhood, price, bedrooms, amenities, and more. You will also have access to the best real estate professionals in the city. They’ll be able to advise you and show you all the properties that fit what you’re looking for. Find a place you love- guaranteed.

Gabriel Bonilla

Gabriel Bonilla Posted date:April 1, 2022

Gabriel Bonilla has been an agent with Douglas Paul Real Estate for 3 years now. He has been the top grossing agent for his office month after month, thanks to his dedication and incredible work ethic. When asked about Gabriel, his clients often remark that he is knowledgeable and extremely attentive to their needs all while being personable.



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