Average Rent in Watertown Town, MA

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Current Versus Historical Watertown Town, MA Rents

Watertown Town rentals average $2,678 for a studio rental to $4,550 for a 4-bedroom rental. The median price of all currently available listings is $2,998, or roughly $3 per square feet.

For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $426 (19.13%) year-over-year from $2,229 to $2,655. 1-bedroom rentals prices have decreased by $304 (-11.25%) year-over-year from $2,704 to $2,400. 2-bedroom rentals prices have increased by $58 (2.05%) year-over-year from $2,842 to $2,900. 3-bedroom rentals prices have increased by $75 (2.33%) year-over-year from $3,225 to $3,300. 4-bedroom rentals prices have increased by $183 (4.25%) year-over-year from $4,317 to $4,500. 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 down by 0.31% this month. 1-bedroom rents have gone up by 5.11% this month. 2-bedroom rents have gone up by 4.22% this month. 3-bedroom rents have gone up by 7.03% this month. 4-bedroom rents have gone up by 4.85% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.45	$2,655	$2,229 (19.13%)	$2,256 (17.69%)
1 BR	$3.17	$2,400	$2,704 (-11.25%)	$2,054 (16.84%)
2 BR	$2.61	$2,900	$2,842 (2.05%)	$2,392 (21.25%)
3 BR	$2.37	$3,300	$3,225 (2.33%)	$2,850 (15.79%)
4+ BR	$2.06	$4,500	$4,317 (4.25%)	$3,317 (35.68%)

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 $3,400 per month. Only one city nearby has an average rent lower than that. Our records show that Waltham, MA, with an average rent of $2,985, 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 $3,750 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 22.22% more expensive than other cities nearby. One bedrooms are about 8.42% more affordable. Two bedrooms in Watertown Town, MA are about 0.04% more expensive. Finally, rent for three bedrooms are about 13.10% 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	$2,000	$2,625	$2,998	$2,985
Somerville, MA	$2,165	$2,850	$3,000	$3,300
Cambridge, MA	$2,750	$3,025	$3,600	$3,500
Newton, MA	$1,908	$2,300	$2,938	$3,750

Top Neighborhoods Near Watertown Town

There are a total of 9 neighborhoods in or near Watertown Town. Some of these neighborhoods include Commonwealth, Neighborhood Nine, and Coolidge Corner. We've included all of these top 9 neighborhoods in or near Watertown Town, MA in the following chart.

The average rent for these 9 neighborhoods in or near Watertown Town, MA is currently around $3,600 per month. Meaning, only nine neighborhoods have a higher average rent than $3,600. Interestingly, the neighborhoods' average rent is higher than Watertown Town's average rent, which is only $2,998. Out of all the neighborhoods in or near Watertown Town, Commonwealth has the most affordable average rent at $3,000 per month. Whereas, at $6,000 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
Commonwealth, Boston, MA	$300	$2,488	$3,083	$3,000
Neighborhood Nine, Cambridge, MA	$2,800	$2,800	$3,575	$3,100
Coolidge Corner, Brookline, MA	$2,500	$2,700	$3,500	$3,200
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,700	$2,800	$4,500	$3,500
West End, Boston, MA	$2,723	$3,453	$4,500	$3,600
East Cambridge, Cambridge, MA	$3,168	$3,500	$3,921	$3,650
Back Bay, Boston, MA	$3,000	$3,400	$4,750	$3,800
South End, Boston, MA	$2,635	$3,395	$4,400	$4,303
Mission Hill, Boston, MA	N/A	$3,200	$2,900	$6,000

Top Counties Near Watertown Town

There are a total of 9 counties located by Watertown Town, MA. Some of these counties include Waltham, MA, Watertown Town, MA, and Somerville, MA. The average rent for rentals in these counties is $3,300. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Waltham, MA. It's average rent per month is $2,985. Vice versa, with an average rent of $3,750, Newton, MA is the most expensive county by Watertown Town, MA.

Typically, rent for studios in Watertown Town, MA is 19.14% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Watertown Town, MA is 3.96% more affordable than other counties nearby. Finally, rent for two bedrooms in Watertown Town, MA is on par with the other counties nearby. We've listed the top 5 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Waltham, MA	$2,000	$2,625	$2,998	$2,985
Watertown Town, MA	$2,678	$2,525	$3,000	$2,998
Somerville, MA	$2,165	$2,850	$3,000	$3,300
Cambridge, MA	$2,750	$3,025	$3,600	$3,500
Newton, MA	$1,908	$2,300	$2,938	$3,750

Top Zipcodes Near Watertown Town

There are a total of 3 zipcodes in or near Watertown Town, MA. The average rent for all of these zipcodes is $4,200.

The following chart includes the top 3 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
02116, Boston, MA	$3,000	$3,213	$5,350	$4,200
02118, Boston, MA	$2,608	$3,340	$4,400	$4,305
02472, Watertown Town, MA	$2,678	$2,525	$3,000	$2,998

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 $2,998. 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 $2,678 and an average price per square feet of $4.45. 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 $2,525 and an average price per square feet of $3.17. 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 $3,000 and an average price per square feet of $2.61. There are a total of 38 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 0.19%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.02% year-over-year.

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

A reasonable rent price in Watertown Town, MA is around $2,398/month. You can search for these reasonably priced rental listings on RentHop.