The advertised rent price for the unit above is $2,377 a month. If you agree to the conditions stated in this listing for net effective rent, you would pay $2,377 for 13 months, which is a total of $30,901. Essentially, you get one month free. But once the 13th month ends, the market rate of $2,575 per month kicks in. The Boston real estate market took a step back from previous years, but with a rent growth rate of 7.9 percent in the last year, the city still managed to get fourth place. It is worth noting, however, that Boston saw a slight decline in rents recently, which seems to be the case with a lot of today’s primary cities. Hotels such as Marriot International are adding home-rental offerings to their portfolios; Over 50% of Airbnb users in 2016 used Airbnb to replace a traditional hotel stay. In Europe, Airbnb is anywhere from 8% to 17% cheaper than a regional hotel’s average daily rate.