Average Rent in Watertown Town, MA

Current Versus Historical Watertown Town, MA Rents

Watertown Town rentals average $2,788 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,100, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $517 (23.94%) year-over-year from $2,158 to $2,675. 1-bedroom rentals prices have increased by $98 (4.18%) year-over-year from $2,352 to $2,450. 2-bedroom rentals prices have increased by $335 (12.12%) year-over-year from $2,765 to $3,100. 3-bedroom rentals prices have decreased by $208 (-6.07%) year-over-year from $3,433 to $3,225. 4-bedroom rentals prices have decreased by $117 (-2.98%) year-over-year from $3,917 to $3,800. 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 27.45% this month. 1-bedroom rents have gone up by 0.68% this month. 2-bedroom rents have gone up by 6.90% this month. 3-bedroom rents have gone down by 0.77% this month. 4-bedroom rents have gone down by 9.52% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.94	$2,675	$2,158 (23.94%)	$2,134 (25.37%)
1 BR	$3.76	$2,450	$2,352 (4.18%)	$1,842 (33.03%)
2 BR	$3.34	$3,100	$2,765 (12.12%)	$2,200 (40.91%)
3 BR	$2.52	$3,225	$3,433 (-6.07%)	$2,717 (18.71%)

Historical Rents in Watertown Town, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Watertown Town

There are a total of 4 cities nearby Watertown Town. The average rent in Watertown Town is currently $3,717 per month. Only one city nearby has an average rent lower than that. Our records show that Waltham, MA, with an average rent of $2,883, is the most affordable city nearby. In contrast, the most expensive city near Watertown Town, MA is Newton, MA. Monthly rents here are on average $4,000 per month.

Let's compare Watertown Town, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Watertown Town, MA is 30.04% more expensive than other cities nearby. One bedrooms are about 1.94% more affordable. Two bedrooms in Watertown Town, MA are about 7.81% more affordable. Finally, rent for three bedrooms are about 20.11% more affordable. Want more information? Check out the top 4 cities near Watertown Town, MA in the following chart.

City	Studio	1 Bed	2 Bed	All
Waltham, MA	$100	$2,500	$3,000	$2,883
Cambridge, MA	$2,838	$3,000	$3,781	$3,534
Somerville, MA	$2,125	$2,750	$3,700	$3,900
Newton, MA	$1,775	$2,500	$3,200	$4,000

Top Neighborhoods Near Watertown Town

There are a total of 12 neighborhoods in or near Watertown Town. Some of these neighborhoods include North Cambridge, Beacon Hill, and St. Elizabeth's. We've included all of these top 12 neighborhoods in or near Watertown Town, MA in the following chart.

The average rent for these 12 neighborhoods in or near Watertown Town, MA is currently around $3,730 per month. Meaning, only twelve neighborhoods have a higher average rent than $3,730. Interestingly, the neighborhoods' average rent is higher than Watertown Town's average rent, which is only $3,100. Out of all the neighborhoods in or near Watertown Town, North Cambridge has the most affordable average rent at $3,134 per month. Whereas, at $4,500 average rent per month, Mission Hill is the most expensive neighborhood in or near Watertown Town. 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
Beacon Hill, Boston, MA	$2,200	$3,600	$4,100	$3,500
St. Elizabeth's, Boston, MA	$2,275	$2,395	$3,750	$3,550
South End, Boston, MA	$2,999	$3,445	$4,737	$3,563
Commonwealth, Boston, MA	$1,900	$2,325	$3,000	$3,600
East Cambridge, Cambridge, MA	$2,995	$3,350	$4,427	$3,642
North Allston, Boston, MA	$3,199	$3,500	$4,721	$3,818
Coolidge Corner, Brookline, MA	$2,048	$3,000	$3,400	$3,900
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,499	$3,870	$4,516	$3,931
Kendall Square, Cambridge, MA	$3,123	$4,005	$4,635	$4,032
Back Bay, Boston, MA	$2,350	$3,528	$5,955	$4,500
Mission Hill, Boston, MA	N/A	$2,800	$3,425	$4,500

Top Counties Near Watertown Town

There are a total of 12 counties located by Watertown Town, MA. Some of these counties include Waltham, MA, Cambridge, MA, and Somerville, MA. The average rent for rentals in these counties is $3,717. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Waltham, MA. It's average rent per month is $2,883. Vice versa, with an average rent of $4,000, Newton, MA is the most expensive county by Watertown Town, MA.

Typically, rent for studios in Watertown Town, MA is 30.04% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Watertown Town, MA is 1.94% more affordable than other counties nearby. Finally, rent for two bedrooms in Watertown Town, MA is 7.81% more affordable than other counties nearby. We've listed the top 4 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Waltham, MA	$100	$2,500	$3,000	$2,883
Cambridge, MA	$2,838	$3,000	$3,781	$3,534
Somerville, MA	$2,125	$2,750	$3,700	$3,900
Newton, MA	$1,775	$2,500	$3,200	$4,000

Top Zipcodes Near Watertown Town

There are a total of 19 zipcodes in or near Watertown Town, MA. The average rent for all of these zipcodes is $3,843. A total of 2 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 $2,900 per month. In comparison, the zipcode with the most expensive average rent of $4,625 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,515. 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 Watertown Town, MA is $2,850 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,800 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in 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	$2,715	$3,498	$4,245	$3,695
02118, Boston, MA	$2,974	$3,400	$4,760	$3,648
02215, Boston, MA	$2,300	$3,883	$4,500	$3,843
02116, Boston, MA	$2,850	$3,540	$5,500	$4,031
02142, Cambridge, MA	$3,000	$3,704	$4,507	$4,016
02135, Boston, MA	$2,500	$2,700	$3,200	$3,413
02138, Cambridge, MA	$2,515	$2,730	$3,582	$3,330
02134, Boston, MA	$3,087	$2,810	$3,975	$3,940
02140, Cambridge, MA	$2,632	$2,944	$3,600	$3,355
02139, Cambridge, MA	$2,400	$2,760	$3,500	$3,500

Frequently Asked Questions - Watertown Town Average Rents

What is the average rent price in Watertown Town, MA?

The average monthly rental price for Watertown Town, MA apartments for rent is approximately $3,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Watertown Town, MA.

How much is a studio apartment in Watertown Town, MA?

The average monthly rental price for studio apartments is $2,788 and an average price per square feet of $3.94. There are a total of 4 studio apartment listings currently available for rent in Watertown Town.

How much is a one bedroom apartment in Watertown Town, MA?

The average monthly rental price for one bedroom apartments is $2,575 and an average price per square feet of $3.76. There are a total of 12 one bedroom apartment listings currently available for rent in Watertown Town.

How much is a two bedroom apartment in Watertown Town, MA?

The average monthly rental price for two bedroom apartments is $3,200 and an average price per square feet of $3.34. There are a total of 16 two bedroom apartment listings currently available for rent in Watertown Town.

How have rent prices in Watertown Town, MA changed this year?

Rent prices for rentals in Watertown Town, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.24%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by -0.06% year-over-year.

What is a reasonable rent price in Watertown Town, MA?

A reasonable rent price in Watertown Town, MA is around $2,480/month. You can search for these reasonably priced rental listings on RentHop.