Average Rent in Charlestown, Boston, MA

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Current Versus Historical Charlestown, Boston, MA Rents

Charlestown rentals average $2,500 for a studio rental to $6,270 for a 3-bedroom rental. The median price of all currently available listings is $3,450, 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 $508 (14.06%) year-over-year from $3,617 to $4,125. 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 9.76% 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 $5.24 $2,500 $2,601 (-3.88%) $2,224 (12.43%)
1 BR $4.53 $3,500 $3,090 (13.27%) $2,231 (56.89%)
2 BR $3.62 $4,125 $3,617 (14.06%) $2,847 (44.91%)
3 BR $3.87 $4,850 $5,600 (-13.39%) $3,192 (51.96%)

Historical Rents in Charlestown, Boston, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Charlestown

There are a total of 10 cities nearby Charlestown. The average rent in Charlestown is currently $3,520 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,431, is the most affordable city nearby. In contrast, the most expensive city near Charlestown, Boston, MA is Newton, MA. Monthly rents here are on average $4,200 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 30.50% more expensive than other cities nearby. One bedrooms are about 21.98% more expensive. Two bedrooms in Charlestown, Boston, MA are about 18.42% more expensive. Finally, rent for three bedrooms are about 40.09% more expensive. Want more information? Check out the top 10 cities near Charlestown, Boston, MA in the following chart.
City Studio 1 Bed 2 Bed All
Lynn, MA $1,700 $2,400 $2,550 $2,431
Quincy, MA $1,648 $2,188 $2,575 $2,518
Chelsea, MA $1,550 $2,200 $2,750 $2,600
Waltham, MA $1,350 $2,474 $3,000 $2,842
Medford, MA N/A $2,495 $2,800 $3,500
Cambridge, MA $2,838 $3,007 $3,752 $3,540
Boston, MA $2,777 $3,400 $4,000 $3,650
Somerville, MA $2,125 $2,750 $3,700 $3,900
Brookline, MA $2,050 $3,000 $3,700 $4,000
Newton, MA $1,775 $2,550 $3,200 $4,200

Top Neighborhoods Near Charlestown

There are a total of 19 neighborhoods in or near Charlestown. Some of these neighborhoods include North Cambridge, Central Maverick Square - Paris Street, and North End. We've included all of these top 19 neighborhoods in or near Charlestown, Boston, MA in the following chart.

The average rent for these 19 neighborhoods in or near Charlestown, Boston, MA is currently around $3,750 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $3,750. Interestingly, the neighborhoods' average rent is higher than Charlestown's average rent, which is only $3,450. Out of all the neighborhoods in or near Charlestown, North Cambridge has the most affordable average rent at $3,134 per month. Whereas, at $4,500 average rent per month, Back Bay 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 $2,953 $3,547 $3,134
Central Maverick Square - Paris Street, Boston, MA $2,418 $3,000 $3,348 $3,200
North End, Boston, MA $2,400 $3,165 $4,625 $3,500
South End, Boston, MA $2,999 $3,400 $4,737 $3,548
Beacon Hill, Boston, MA $2,100 $3,550 $4,100 $3,550
St. Elizabeth's, Boston, MA $2,275 $2,373 $3,598 $3,550
Uphams Corner - Jones Hill, Boston, MA N/A $2,175 $2,875 $3,600
Columbia Point, Boston, MA $150 $2,641 $3,000 $3,600
East Cambridge, Cambridge, MA $2,995 $3,350 $4,427 $3,630
Coolidge Corner, Brookline, MA $2,050 $3,000 $3,400 $3,750
North Allston, Boston, MA $3,199 $3,500 $4,721 $3,819
Downtown Boston, Boston, MA $2,843 $3,443 $4,500 $3,865
Commonwealth, Boston, MA $1,900 $2,300 $3,000 $3,900
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,497 $3,883 $4,566 $3,950
Chinatown - Leather District, Boston, MA $3,232 $3,600 $5,639 $3,953
Kendall Square, Cambridge, MA $3,123 $3,998 $4,626 $4,035
D Street - West Broadway, Boston, MA $3,240 $3,800 $4,725 $4,158
Mission Hill, Boston, MA N/A $2,800 $3,425 $4,500
Back Bay, Boston, MA $2,350 $3,528 $5,800 $4,500

Top Counties Near Charlestown

There are a total of 19 counties located by Charlestown, Boston, MA. Some of these counties include Lynn, MA, Quincy, MA, and Chelsea, MA. The average rent for rentals in these counties is $3,520. That's roughly around $3 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Lynn, MA. It's average rent per month is $2,431. Vice versa, with an average rent of $4,200, Newton, MA is the most expensive county by Charlestown, Boston, MA.

Typically, rent for studios in Charlestown, Boston, MA is 30.50% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Charlestown, Boston, MA is 21.98% more expensive than other counties nearby. Finally, rent for two bedrooms in Charlestown, Boston, MA is 18.42% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Lynn, MA $1,700 $2,400 $2,550 $2,431
Quincy, MA $1,648 $2,188 $2,575 $2,518
Chelsea, MA $1,550 $2,200 $2,750 $2,600
Waltham, MA $1,350 $2,474 $3,000 $2,842
Medford, MA N/A $2,495 $2,800 $3,500
Cambridge, MA $2,838 $3,007 $3,752 $3,540
Boston, MA $2,777 $3,400 $4,000 $3,650
Somerville, MA $2,125 $2,750 $3,700 $3,900
Brookline, MA $2,050 $3,000 $3,700 $4,000
Newton, MA $1,775 $2,550 $3,200 $4,200

Top Zipcodes Near Charlestown

There are a total of 33 zipcodes in or near Charlestown, Boston, MA. The average rent for all of these zipcodes is $3,548. A total of 11 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02169, Quincy, MA at $2,550 per month. In comparison, the zipcode with the most expensive average rent of $4,650 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,450. 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 Charlestown, Boston, MA is $2,820 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,600 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
02113, Boston, MA $2,350 $3,200 $3,795 $3,500
02109, Boston, MA $2,613 $3,335 $4,406 $3,548
02114, Boston, MA $2,735 $3,415 $4,245 $3,675
02141, Cambridge, MA $2,989 $3,340 $3,800 $3,500
02142, Cambridge, MA $3,000 $3,647 $4,525 $3,990
02150, Chelsea, MA $1,550 $2,200 $2,750 $2,600
02143, Somerville, MA $2,433 $2,700 $3,825 $3,900
02111, Boston, MA $2,900 $3,495 $5,184 $3,975
02116, Boston, MA $2,843 $3,545 $5,500 $3,968
02139, Cambridge, MA $2,400 $2,800 $3,523 $3,500

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 $3,450. 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 $2,500 and an average price per square feet of $5.24. There are a total of 3 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 $3,233 and an average price per square feet of $4.53. There are a total of 13 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 $3,800 and an average price per square feet of $3.62. There are a total of 9 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 0.14%, 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 $2,760/month. You can search for these reasonably priced rental listings on RentHop.
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