Average Rent in Watertown Town, MA

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Current Versus Historical Watertown Town, MA Rents

Watertown Town rentals average $2,625 for a studio rental to $5,000 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $3 per square feet.
For the apartment units and housing in March 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $681 (34.51%) year-over-year from $1,974 to $2,655. 1-bedroom rentals prices have decreased by $63 (-2.60%) year-over-year from $2,433 to $2,370. 2-bedroom rentals prices have increased by $100 (3.45%) year-over-year from $2,900 to $3,000. 3-bedroom rentals prices have decreased by $150 (-4.62%) year-over-year from $3,250 to $3,100. 4-bedroom rentals prices have increased by $867 (20.97%) year-over-year from $4,133 to $5,000. 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 1.72% this month. 1-bedroom rents have gone up by 1.28% this month. 2-bedroom rents have gone up by 4.96% this month. 3-bedroom rents have gone down by 9.49% this month. 4-bedroom rents have gone down by 4.46% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.63 $2,655 $1,974 (34.51%) $2,501 (6.16%)
1 BR $3.08 $2,370 $2,433 (-2.60%) $2,312 (2.52%)
2 BR $2.95 $3,000 $2,900 (3.45%) $2,583 (16.13%)
3 BR $2.38 $3,100 $3,250 (-4.62%) $3,079 (0.68%)
4+ BR $2.40 $5,000 $4,133 (20.97%) $3,532 (41.58%)

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 $3,820 per month. Our records show that Waltham, MA, with an average rent of $3,348, is the most affordable city nearby. In contrast, the most expensive city near Watertown Town, MA is Somerville, MA. Monthly rents here are on average $3,998 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 29.76% more expensive than other cities nearby. One bedrooms are about 2.40% more affordable. Two bedrooms in Watertown Town, MA are about 18.78% more affordable. Finally, rent for three bedrooms are about 31.67% 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 N/A $2,325 $3,432 $3,348
Newton, MA $1,300 $2,425 $3,000 $3,800
Cambridge, MA $2,800 $3,300 $4,060 $3,839
Somerville, MA $2,388 $2,900 $3,695 $3,998

Top Neighborhoods Near Watertown Town

There are a total of 10 neighborhoods in or near Watertown Town. Some of these neighborhoods include Fenway - Kenmore - Audubon Circle - Longwood, Beacon Hill, and Commonwealth. We've included all of these top 10 neighborhoods in or near Watertown Town, MA in the following chart.

The average rent for these 10 neighborhoods in or near Watertown Town, MA is currently around $3,747 per month. Meaning, only ten neighborhoods have a higher average rent than $3,747. Interestingly, the neighborhoods' average rent is higher than Watertown Town's average rent, which is only $3,000. Out of all the neighborhoods in or near Watertown Town, Fenway - Kenmore - Audubon Circle - Longwood has the most affordable average rent at $3,400 per month. Whereas, at $5,400 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
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,600 $3,000 $3,650 $3,400
Beacon Hill, Boston, MA $2,400 $2,975 $4,200 $3,475
Commonwealth, Boston, MA $1,900 $2,500 $2,950 $3,500
St. Elizabeth's, Boston, MA $1,105 $2,575 $3,825 $3,585
West End, Boston, MA $3,010 $3,610 $4,550 $3,720
East Cambridge, Cambridge, MA $3,235 $3,503 $4,242 $3,775
Back Bay, Boston, MA $2,600 $3,500 $5,875 $3,800
Coolidge Corner, Brookline, MA $2,200 $2,850 $3,805 $3,850
South End, Boston, MA $2,700 $3,575 $4,150 $3,875
Mission Hill, Boston, MA N/A $2,700 $3,500 $5,400

Top Counties Near Watertown Town

There are a total of 10 counties located by Watertown Town, MA. Some of these counties include Watertown Town, MA, Waltham, MA, and Newton, MA. The average rent for rentals in these counties is $3,800. 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 Watertown Town, MA. It's average rent per month is $3,000. Vice versa, with an average rent of $3,998, Somerville, MA is the most expensive county by Watertown Town, MA.

Typically, rent for studios in Watertown Town, MA is 9.05% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Watertown Town, MA is on par with the other counties nearby. Finally, rent for two bedrooms in Watertown Town, MA is 14.40% more affordable than other counties nearby. We've listed the top 5 counties in the chart below.
County Studio 1 Bed 2 Bed All
Watertown Town, MA $2,625 $2,600 $3,000 $3,000
Waltham, MA N/A $2,325 $3,432 $3,348
Newton, MA $1,300 $2,425 $3,000 $3,800
Cambridge, MA $2,800 $3,300 $4,060 $3,839
Somerville, MA $2,388 $2,900 $3,695 $3,998

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 $3,800.

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 $2,700 $3,675 $5,775 $4,000
02118, Boston, MA $2,675 $3,513 $4,150 $3,800
02472, Watertown Town, MA $2,625 $2,600 $3,000 $3,000

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 $3,000. 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 $2,625 and an average price per square feet of $3.63. 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 $2,600 and an average price per square feet of $3.08. There are a total of 15 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 $2.95. There are a total of 24 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 0.35%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in Watertown Town, MA?
A reasonable rent price in Watertown Town, MA is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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