Average Rent in Charlestown, Boston, MA

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Current Versus Historical Charlestown, Boston, MA Rents

Charlestown rentals average $2,483 for a studio rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $3,200, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $101 (-3.88%) year-over-year from $2,601 to $2,500. 1-bedroom rentals prices have increased by $410 (13.27%) year-over-year from $3,090 to $3,500. 2-bedroom rentals prices have increased by $383 (10.60%) year-over-year from $3,617 to $4,000. 3-bedroom rentals prices have decreased by $750 (-13.39%) year-over-year from $5,600 to $4,850. 4-bedroom rentals prices have increased by $3,000 (54.55%) year-over-year from $5,500 to $8,500. 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 0.22% this month. 1-bedroom rents have gone up by 8.25% this month. 2-bedroom rents have gone up by 7.62% this month. 3-bedroom rents have gone up by 11.07% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.47 $2,500 $2,601 (-3.88%) $2,224 (12.43%)
1 BR $5.23 $3,500 $3,090 (13.27%) $2,231 (56.89%)
2 BR $3.48 $4,000 $3,617 (10.60%) $2,847 (40.52%)

Historical Rents in Charlestown, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Charlestown

There are a total of 4 cities nearby Charlestown. The average rent in Charlestown is currently $3,417 per month. Only one city nearby has an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,584, is the most affordable city nearby. In contrast, the most expensive city near Charlestown, Boston, MA is Boston, MA. Monthly rents here are on average $3,693 per month.

Let's compare Charlestown, Boston, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Charlestown, Boston, MA is 3.12% more expensive than other cities nearby. One bedrooms are about 0.44% more affordable. Two bedrooms in Charlestown, Boston, MA are about 2.62% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 4 cities near Charlestown, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Brookline, MA $1,985 $3,150 $3,300 $3,400
Cambridge, MA $2,825 $3,077 $3,781 $3,434
Boston, MA $3,005 $3,528 $4,428 $3,693

Top Neighborhoods Near Charlestown

There are a total of 8 neighborhoods in or near Charlestown. Some of these neighborhoods include North Cambridge, South End, and Downtown Boston. We've included all of these top 8 neighborhoods in or near Charlestown, Boston, MA in the following chart.

The average rent for these 8 neighborhoods in or near Charlestown, Boston, MA is currently around $3,727 per month. A total of one neighborhood has a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,727. Interestingly, the neighborhoods' average rent is higher than Charlestown's average rent, which is only $3,200. Out of all the neighborhoods in or near Charlestown, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $4,107 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood is the most expensive neighborhood in or near Charlestown. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,949 $3,547 $3,085
South End, Boston, MA $2,987 $3,531 $4,842 $3,545
Downtown Boston, Boston, MA $2,820 $3,364 $4,365 $3,650
Chinatown - Leather District, Boston, MA $3,304 $3,603 $5,055 $3,705
East Cambridge, Cambridge, MA $2,995 $3,353 $4,381 $3,748
D Street - West Broadway, Boston, MA $3,260 $3,740 $4,900 $4,000
Kendall Square, Cambridge, MA $3,123 $4,005 $4,661 $4,056
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,220 $4,094 $4,708 $4,107

Top Counties Near Charlestown

There are a total of 8 counties located by Charlestown, Boston, MA. Some of these counties include Chelsea, MA, Brookline, MA, and Cambridge, MA. The average rent for rentals in these counties is $3,417. That's roughly around $4 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. It's average rent per month is $2,584. Vice versa, with an average rent of $3,693, Boston, MA is the most expensive county by Charlestown, Boston, MA.

Typically, rent for studios in Charlestown, Boston, MA is 3.12% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Charlestown, Boston, MA is 0.44% more affordable than other counties nearby. Finally, rent for two bedrooms in Charlestown, Boston, MA is 2.62% more affordable than other counties nearby. We've listed the top 4 counties in the chart below.
County Studio 1 Bed 2 Bed All
Chelsea, MA $1,550 $2,225 $2,700 $2,584
Brookline, MA $1,985 $3,150 $3,300 $3,400
Cambridge, MA $2,825 $3,077 $3,781 $3,434
Boston, MA $3,005 $3,528 $4,428 $3,693

Top Zipcodes Near Charlestown

There are a total of 12 zipcodes in or near Charlestown, Boston, MA. The average rent for all of these zipcodes is $3,500. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02150, Chelsea, MA at $2,584 per month. In comparison, the zipcode with the most expensive average rent of $4,154 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,871. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Charlestown, Boston, MA is $3,463 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,307 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Charlestown, Boston, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02114, Boston, MA $2,820 $3,395 $4,230 $3,695
02141, Cambridge, MA $3,042 $3,630 $4,452 $3,353
02142, Cambridge, MA $3,000 $3,868 $4,383 $4,154
02150, Chelsea, MA $1,550 $2,225 $2,700 $2,584
02116, Boston, MA $2,923 $3,565 $4,915 $3,805
02210, Boston, MA $3,245 $3,738 $4,950 $3,980
02118, Boston, MA $2,987 $3,531 $4,852 $3,575
02215, Boston, MA $2,363 $4,092 $4,708 $4,022
02138, Cambridge, MA $2,515 $2,726 $3,571 $2,890
02140, Cambridge, MA $2,632 $2,949 $3,547 $3,085

Frequently Asked Questions - Charlestown Average Rents

What is the average rent price in Charlestown, Boston, MA?
The average monthly rental price for Charlestown, Boston, MA apartments for rent is approximately $3,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Charlestown, Boston, 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 Charlestown, Boston, MA.
How much is a studio apartment in Charlestown, Boston, MA?
The average monthly rental price for studio apartments is $2,483 and an average price per square feet of $5.47. There are a total of 2 studio apartment listings currently available for rent in Charlestown.
How much is a one bedroom apartment in Charlestown, Boston, MA?
The average monthly rental price for one bedroom apartments is $3,100 and an average price per square feet of $5.23. There are a total of 7 one bedroom apartment listings currently available for rent in Charlestown.
How much is a two bedroom apartment in Charlestown, Boston, MA?
The average monthly rental price for two bedroom apartments is $3,450 and an average price per square feet of $3.48. There are a total of 5 two bedroom apartment listings currently available for rent in Charlestown.
How have rent prices in Charlestown, Boston, MA changed this year?
Rent prices for rentals in Charlestown, Boston, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by -0.13% year-over-year.
What is a reasonable rent price in Charlestown, Boston, MA?
A reasonable rent price in Charlestown, Boston, MA is around $2,560/month. You can search for these reasonably priced rental listings on RentHop.
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