Average Rent in 02472, Watertown Town, MA

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Current Versus Historical 02472, Watertown Town, MA Rents

02472 rentals average $2,700 for a 1-bedroom rental to $4,163 for a 4-bedroom rental. The median price of all currently available listings is $3,500, or roughly $3 per square feet.
For the apartment units and housing in July 2024, median rents have risen over the last year. Studio rentals prices have increased by $1,575 (146.51%) year-over-year from $1,075 to $2,650. 1-bedroom rentals prices have increased by $233 (9.46%) year-over-year from $2,467 to $2,700. 2-bedroom rentals prices have increased by $419 (14.81%) year-over-year from $2,831 to $3,250. 3-bedroom rentals prices have increased by $157 (4.36%) year-over-year from $3,593 to $3,750. 4-bedroom rentals prices have increased by $842 (21.81%) year-over-year from $3,858 to $4,700. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.06% this month. 1-bedroom rents have gone down by 2.36% this month. 2-bedroom rents have gone down by 4.59% this month. 3-bedroom rents have gone down by 3.43% this month. 4-bedroom rents have gone up by 12.80% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.50 $2,700 $2,467 (9.46%) $2,421 (11.55%)
2 BR $2.82 $3,250 $2,831 (14.81%) $2,317 (40.29%)
3 BR $2.64 $3,750 $3,593 (4.36%) $2,792 (34.33%)
4+ BR $2.13 $4,700 $3,858 (21.81%) $3,292 (42.78%)

Historical Rents in 02472, Watertown Town, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02472

There are a total of 5 cities nearby 02472. The average rent in 02472 is currently $3,600 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Waltham, MA, with an average rent of $3,200, is the most affordable city nearby. In contrast, the most expensive city near 02472, Watertown Town, MA is Newton, MA. Monthly rents here are on average $4,399 per month.

Let's compare 02472, Watertown Town, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02472, Watertown Town, MA is inf% more affordable than other cities nearby. One bedrooms are about 7.41% more expensive. Two bedrooms in 02472, Watertown Town, MA are about 1.42% more affordable. Finally, rent for three bedrooms are about 0.67% more affordable. Want more information? Check out the top 5 cities near 02472, Watertown Town, MA in the following chart.
City Studio 1 Bed 2 Bed All
Waltham, MA $100 $2,225 $3,500 $3,200
Watertown Town, MA N/A $2,500 $3,100 $3,500
Cambridge, MA $2,765 $3,017 $3,785 $3,600
Somerville, MA $2,050 $2,758 $3,398 $3,630
Newton, MA N/A $2,400 $3,200 $4,399

Top Neighborhoods Near 02472

There are a total of 19 neighborhoods in or near 02472. Some of these neighborhoods include Commonwealth, Cambridge Highlands, and Mid-Cambridge. We've included all of these top 19 neighborhoods in or near 02472, Watertown Town, MA in the following chart.

The average rent for these 19 neighborhoods in or near 02472, Watertown Town, MA is currently around $3,500 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is equivalent to 02472's average rent, which is also $3,500. Interestingly, the neighborhoods' average rent is less than 02472's average rent, which is actually $3,500. Out of all the neighborhoods in or near 02472, Commonwealth has the most affordable average rent at $3,000 per month. Whereas, at $4,127 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near 02472. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Commonwealth, Boston, MA $2,100 $2,300 $3,000 $3,000
Cambridge Highlands, Cambridge, MA $2,640 $2,800 $3,831 $3,125
Mid-Cambridge, Cambridge, MA $2,525 $2,800 $3,925 $3,340
North Cambridge, Cambridge, MA $2,566 $2,944 $3,559 $3,350
Back Bay, Boston, MA $2,400 $3,200 $5,800 $3,400
Coolidge Corner, Brookline, MA $2,415 $2,850 $3,500 $3,400
Oak Square, Boston, MA N/A $2,488 $2,900 $3,425
West End, Boston, MA $2,905 $3,400 $4,865 $3,460
Beacon Hill, Boston, MA $2,273 $3,225 $4,300 $3,495
Watertown West End, Watertown Town, MA N/A $2,966 $3,525 $3,500
St. Elizabeth's, Boston, MA $2,500 $2,500 $3,500 $3,500
Neighborhood Nine, Cambridge, MA $2,750 $2,914 $3,825 $3,600
East Cambridge, Cambridge, MA $2,995 $3,500 $4,273 $3,748
Washington Square, Brookline, MA $2,400 $3,000 $3,650 $3,800
North Allston, Boston, MA $3,150 $3,363 $4,546 $3,821
South End, Boston, MA $2,846 $3,480 $4,800 $3,980
Kendall Square, Cambridge, MA $3,111 $3,880 $4,606 $3,990
Mission Hill, Boston, MA N/A $2,750 $3,450 $4,100
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,650 $4,073 $4,850 $4,127

Top Counties Near 02472

There are a total of 19 counties located by 02472, Watertown Town, MA. Some of these counties include Waltham, MA, Watertown Town, MA, and Cambridge, MA. The average rent for rentals in these counties is $3,600. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Waltham, MA. It's average rent per month is $3,200. Vice versa, with an average rent of $4,399, Newton, MA is the most expensive county by 02472, Watertown Town, MA.

Typically, rent for studios in 02472, Watertown Town, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02472, Watertown Town, MA is 7.41% more expensive than other counties nearby. Finally, rent for two bedrooms in 02472, Watertown Town, MA is 1.42% more affordable than other counties nearby. We've listed the top 5 counties in the chart below.
County Studio 1 Bed 2 Bed All
Waltham, MA $100 $2,225 $3,500 $3,200
Watertown Town, MA N/A $2,500 $3,100 $3,500
Cambridge, MA $2,765 $3,017 $3,785 $3,600
Somerville, MA $2,050 $2,758 $3,398 $3,630
Newton, MA N/A $2,400 $3,200 $4,399

Top Zipcodes Near 02472

There are a total of 19 zipcodes in or near 02472, Watertown Town, MA. The average rent for all of these zipcodes is $3,600. A total of 9 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02453, Waltham, MA at $3,050 per month. In comparison, the zipcode with the most expensive average rent of $4,073 per month is 02215, Boston, MA.

Studios in these zipcodes have an average rent of $2,520. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02472, Watertown Town, MA is $2,900 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,750 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 02472, Watertown Town, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02114, Boston, MA $2,728 $3,395 $4,488 $3,630
02118, Boston, MA $2,885 $3,410 $4,800 $3,948
02215, Boston, MA $2,450 $4,073 $5,000 $4,073
02116, Boston, MA $2,575 $3,493 $5,442 $3,785
02142, Cambridge, MA $3,015 $3,702 $4,417 $3,910
02135, Boston, MA $2,551 $2,500 $3,200 $3,400
02138, Cambridge, MA $2,695 $2,753 $3,666 $3,400
02134, Boston, MA $2,998 $2,680 $3,550 $3,600
02140, Cambridge, MA $2,520 $2,900 $3,547 $3,434
02139, Cambridge, MA $2,400 $2,800 $3,800 $3,800

Frequently Asked Questions - 02472 Average Rents

What is the average rent price in 02472, Watertown Town, MA?
The average monthly rental price for 02472, Watertown Town, MA apartments for rent is approximately $3,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02472, Watertown Town, MA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 02472, Watertown Town, MA.
How much is a studio apartment in 02472, Watertown Town, MA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 02472.
How much is a one bedroom apartment in 02472, Watertown Town, MA?
The average monthly rental price for one bedroom apartments is $2,700 and an average price per square feet of $3.50. There are a total of 18 one bedroom apartment listings currently available for rent in 02472.
How much is a two bedroom apartment in 02472, Watertown Town, MA?
The average monthly rental price for two bedroom apartments is $3,350 and an average price per square feet of $2.82. There are a total of 41 two bedroom apartment listings currently available for rent in 02472.
How have rent prices in 02472, Watertown Town, MA changed this year?
Rent prices for rentals in 02472, Watertown Town, MA can fluctuate yearly. Specifically, studio rental prices have changed by 1.47%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in 02472, Watertown Town, MA?
A reasonable rent price in 02472, Watertown Town, MA is around $2,800/month. You can search for these reasonably priced rental listings on RentHop.
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