Average Rent in 02472, Watertown Town, MA

Home  »  MA  »  Watertown Town  »  02472

Current Versus Historical 02472, Watertown Town, MA Rents

02472 rentals average $2,777 for a studio rental to $4,250 for a 3-bedroom rental. The median price of all currently available listings is $3,013, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,110 (66.55%) year-over-year from $1,667 to $2,777. 1-bedroom rentals prices have increased by $331 (13.65%) year-over-year from $2,423 to $2,754. 2-bedroom rentals prices have increased by $795 (28.09%) year-over-year from $2,831 to $3,626. 3-bedroom rentals prices have increased by $583 (17.07%) year-over-year from $3,417 to $4,000. 4-bedroom rentals prices have decreased by $300 (-7.69%) year-over-year from $3,900 to $3,600. 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 up by 12.93% this month. 1-bedroom rents have gone up by 6.55% this month. 2-bedroom rents have gone up by 13.01% this month. 3-bedroom rents have gone up by 15.38% this month. 4-bedroom rents have gone down by 6.09% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.06 $2,777 $1,667 (66.55%) $2,081 (33.46%)
1 BR $3.55 $2,754 $2,423 (13.65%) $2,149 (28.17%)
2 BR $3.11 $3,626 $2,831 (28.09%) $2,283 (58.80%)
3 BR $2.20 $4,000 $3,417 (17.07%) $2,792 (43.28%)

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 1 cities nearby 02472. The average rent in 02472 is currently $3,449 per month. Our records show that Cambridge, MA, with an average rent of $3,449, is the most affordable city nearby. In contrast, the most expensive city near 02472, Watertown Town, MA is Cambridge, MA. Monthly rents here are on average $3,449 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 5.24% more affordable than other cities nearby. One bedrooms are about 11.78% more affordable. Two bedrooms in 02472, Watertown Town, MA are about 3.30% more affordable. Finally, rent for three bedrooms are about 12.94% more expensive. Want more information? Check out the top 1 cities near 02472, Watertown Town, MA in the following chart.
City Studio 1 Bed 2 Bed All
Cambridge, MA $2,923 $3,075 $3,785 $3,449

Top Neighborhoods Near 02472

There are a total of 6 neighborhoods in or near 02472. Some of these neighborhoods include North Cambridge, South End, and East Cambridge. We've included all of these top 6 neighborhoods in or near 02472, Watertown Town, MA in the following chart.

The average rent for these 6 neighborhoods in or near 02472, Watertown Town, MA is currently around $3,668 per month. Meaning, only six neighborhoods have a higher average rent than $3,668. Interestingly, the neighborhoods' average rent is higher than 02472's average rent, which is only $3,013. Out of all the neighborhoods in or near 02472, North Cambridge has the most affordable average rent at $3,065 per month. Whereas, at $4,181 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
North Cambridge, Cambridge, MA $2,814 $2,943 $3,572 $3,065
South End, Boston, MA $2,974 $3,475 $4,932 $3,557
East Cambridge, Cambridge, MA $3,047 $3,404 $4,390 $3,637
West End, Boston, MA $2,905 $3,450 $4,690 $3,700
Kendall Square, Cambridge, MA $3,245 $4,022 $4,660 $4,130
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,400 $4,107 $4,927 $4,181

Top Counties Near 02472

There are a total of 6 counties located by 02472, Watertown Town, MA. The average rent for rentals in these counties is $3,449. That's roughly around $4 per sqft. The county that is the most affordable is Cambridge, MA. It's average rent per month is $3,449. Vice versa, with an average rent of $3,449, Cambridge, MA is the most expensive county by 02472, Watertown Town, MA.

Typically, rent for studios in 02472, Watertown Town, MA is 5.24% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02472, Watertown Town, MA is 11.78% more affordable than other counties nearby. Finally, rent for two bedrooms in 02472, Watertown Town, MA is 3.30% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Cambridge, MA $2,923 $3,075 $3,785 $3,449

Top Zipcodes Near 02472

There are a total of 10 zipcodes in or near 02472, Watertown Town, MA. The average rent for all of these zipcodes is $3,499.

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 $2,808 $3,393 $4,425 $3,695
02118, Boston, MA $2,974 $3,475 $4,965 $3,585
02215, Boston, MA $2,660 $4,096 $4,987 $4,094
02116, Boston, MA $2,860 $3,500 $4,940 $3,605
02142, Cambridge, MA $3,215 $3,963 $4,507 $4,046
02135, Boston, MA $2,573 $3,094 $3,075 $3,300
02138, Cambridge, MA $2,515 $2,726 $3,573 $2,890
02134, Boston, MA $3,199 $2,810 $3,200 $3,413
02140, Cambridge, MA $2,635 $2,928 $3,559 $3,091
02141, Cambridge, MA $3,042 $3,630 $4,427 $3,404

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 $3,013. 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 $2,777 and an average price per square feet of $4.06. There are a total of 2 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 $2,751 and an average price per square feet of $3.55. There are a total of 9 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 $3,664 and an average price per square feet of $3.11. There are a total of 9 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 0.67%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.28%, and three bedroom rental prices have changed by 0.17% 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 $2,410/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast