Average Rent in Watertown Town, MA

Home  »  MA  »  Watertown Town

Current Versus Historical Watertown Town, MA Rents

Watertown Town rentals average $2,885 for a studio rental to $3,795 for a 2-bedroom rental. The median price of all currently available listings is $3,190, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $329 (15.25%) year-over-year from $2,158 to $2,488. 1-bedroom rentals prices have increased by $123 (5.24%) year-over-year from $2,352 to $2,475. 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 $317 (-8.09%) year-over-year from $3,917 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 22.16% this month. 1-bedroom rents have gone up by 1.37% 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 12.90% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.95 $2,488 $2,158 (15.25%) $2,134 (16.58%)
1 BR $3.64 $2,475 $2,352 (5.24%) $1,842 (34.39%)
2 BR $3.03 $3,100 $2,765 (12.12%) $2,200 (40.91%)

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 1 cities nearby Watertown Town. The average rent in Watertown Town is currently $3,400 per month. Our records show that Cambridge, MA, with an average rent of $3,400, is the most affordable city nearby. In contrast, the most expensive city near Watertown Town, MA is Cambridge, MA. Monthly rents here are on average $3,400 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 0.95% more expensive than other cities nearby. One bedrooms are about 4.00% more expensive. Two bedrooms in Watertown Town, MA are about 0.71% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near Watertown Town, MA in the following chart.
City Studio 1 Bed 2 Bed All
Cambridge, MA $2,858 $3,063 $3,768 $3,400

Top Neighborhoods Near Watertown Town

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

The average rent for these 6 neighborhoods in or near Watertown Town, MA is currently around $3,734 per month. A total of one neighborhood has a lower average rent. Meaning, only five neighborhoods have a higher average rent than $3,734. Interestingly, the neighborhoods' average rent is higher than Watertown Town's average rent, which is only $3,190. Out of all the neighborhoods in or near Watertown Town, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $4,096 average rent per month, Fenway - Kenmore - Audubon Circle - Longwood 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 $2,949 $3,547 $3,085
South End, Boston, MA $2,974 $3,531 $4,812 $3,550
East Cambridge, Cambridge, MA $2,989 $3,342 $4,395 $3,700
West End, Boston, MA $3,140 $3,578 $4,938 $3,768
Kendall Square, Cambridge, MA $3,123 $4,010 $4,660 $4,062
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $3,220 $4,092 $4,708 $4,096

Top Counties Near Watertown Town

There are a total of 6 counties located by Watertown Town, MA. The average rent for rentals in these counties is $3,400. That's roughly around $4 per sqft. The county that is the most affordable is Cambridge, MA. It's average rent per month is $3,400. Vice versa, with an average rent of $3,400, Cambridge, MA is the most expensive county by Watertown Town, MA.

Typically, rent for studios in Watertown Town, MA is 0.95% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Watertown Town, MA is 4.00% more expensive than other counties nearby. Finally, rent for two bedrooms in Watertown Town, MA is 0.71% more expensive than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Cambridge, MA $2,858 $3,063 $3,768 $3,400

Top Zipcodes Near Watertown Town

There are a total of 10 zipcodes in or near Watertown Town, MA. The average rent for all of these zipcodes is $3,501. 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 02138, Cambridge, MA at $2,859 per month. In comparison, the zipcode with the most expensive average rent of $4,115 per month is 02142, Cambridge, MA.

Studios in these zipcodes have an average rent of $2,897. 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 Watertown Town, MA is $3,464 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,340 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 $2,820 $3,398 $4,215 $3,695
02118, Boston, MA $2,974 $3,531 $4,842 $3,576
02215, Boston, MA $2,363 $4,087 $4,708 $4,011
02116, Boston, MA $3,068 $3,565 $4,915 $3,925
02142, Cambridge, MA $3,000 $3,866 $4,465 $4,115
02135, Boston, MA $2,573 $3,104 $3,175 $3,300
02138, Cambridge, MA $2,515 $2,726 $3,571 $2,859
02134, Boston, MA $3,199 $2,810 $3,200 $3,425
02140, Cambridge, MA $2,587 $2,943 $3,547 $3,079
02141, Cambridge, MA $3,042 $3,630 $4,477 $3,342

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 $3,190. 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 $2,885 and an average price per square feet of $3.95. There are a total of 2 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 $3,190 and an average price per square feet of $3.64. There are a total of 2 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 $3,795 and an average price per square feet of $3.03. There are a total of 2 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 0.15%, one bedroom rental prices have changed by 0.05%, 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 $2,552/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