Allston, MA Condos for Sale Under $500,000

Allston is one of the few Boston neighborhoods close to downtown where you can still find condos under $500,000. For first-time buyers, students' families, and investors, it's a practical way into the Boston market without giving up transit and walkability.

What You Get for Under $500,000

Most Allston condos in this price range are two-bedroom, one-bath units, with a few one-bedrooms mixed in. They typically run between about 650 and 770 square feet, and most sit in low-rise buildings built in the early 1900s. Many listings highlight hardwood floors and laundry in the unit or building.

Prices and Monthly Costs

Recent listings under $500,000 have ranged from about $350,000 to $480,000, with a typical price around $404,000. Monthly condo fees have typically run between about $400 and $525. One big plus: nearly 9 in 10 of these condos include heat in the condo fee, which helps keep winter bills predictable.

The Trade-Offs to Know

Parking is the main thing you give up at this price. Only about 1 in 5 Allston condos under $500,000 include a parking space, so plan on a resident parking permit or the Green Line. Older buildings are also less likely to have elevators, so expect stairs.

Why Buyers Choose Allston at This Price

Buyers choose these condos for a lower monthly payment than renting in many parts of the city, Green Line access along Commonwealth Avenue, and the shops and restaurants of Allston Village right outside the door.

Frequently Asked Questions

What can I buy in Allston for under $500,000?
Mostly two-bedroom, one-bath condos of about 650 to 770 square feet, with a few one-bedrooms.

Do condos in this price range include parking?
Usually not. Only about 1 in 5 include a space, so check each listing.

Is heat included in the condo fee?
In most cases, yes. Nearly 9 in 10 condos under $500,000 include heat.

Are these condos good for first-time buyers?
Many are. A lender can tell you which loan programs fit your budget and down payment.

Find Your Allston Condo with Fawaad

Looking for an Allston condo that fits your budget? Contact Fawaad Qamar at (774) 225-8916 or fawaadq@gmail.com, or fill out the form below. You can also browse all Allston condos.

Allston Condos Under $500,000

Start Your Search

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

How much is your home worth?

Get instant property value now!