Homes for Rent near 02477

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What to Know About

Life in Watertown & Beyond

Watertown shares many of the great qualities that make Massachusetts a desirable place to live.

Massachusetts is rich in American history and renowned for its beautiful cities and breathtaking natural landscapes. Visit historical sites such as the Freedom Trail and USS Constitution Museum to experience the birthplace of America. In addition, it's the home to world-class universities such as Harvard University, Massachusetts Institute of Technology (MIT), and Boston College, adding to the state's innovation and education. Massachusetts also has a strong job market and a thriving economy.

For sports fans, Massachusetts is home to the New England Patriots (NFL), Boston Bruins (NFL), Boston Red Sox (MLB), Boston Celtics (NBA), and iconic venues such as Fenway Park and Gillette Stadium. In addition, the state offers a diverse range of outdoor experiences for those seeking adventure, from whale watching on the Cape Cod coast to hiking in the scenic Berkshire Mountains. See famous attractions like the Salem Witch Trials Memorial, the New England Aquarium, and the charming Martha's Vineyard.

With its warm and welcoming atmosphere, rich historical heritage, and endless opportunities, embrace the Bay State and discover why Massachusetts is the ideal place to call home.

Rental Market Trends

Watertown, MA

As of August 2025, Watertown's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Watertown's average rent is 9.1% ($250) higher than the Massachusetts average of $2,762 and 68.3% ($1,222) higher than the U.S. average of $1,790.

Average Rent
$3,012
Monthly ChangeMonth Over Month Change
Decreased0.6% ($17)
Yearly ChangeYear Over Year Change
Decreased8.8% ($289)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,820 Increased2.1% ($58) Decreased2.5% ($73)
2 Beds $3,157 Decreased2.2% ($70) Decreased11.3% ($402)
3 Beds $3,872 Increased0.4% ($16) Decreased7.3% ($303)
Nearby Cities Average Rent Avg. Rent vs. WatertownAverage Rent vs. Watertown Avg. Days on MarketAverage Days on Market
Newton $2,989 Decreased0.8% ($23) 29 days
Belmont $3,293 Increased9.3% ($281) 26 days
Newtonville $3,578 Increased18.8% ($566) 28 days
Brighton $2,862 Decreased5% ($150) 30 days
West Newton $3,149 Increased4.5% ($137) 22 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Watertown Rental Market FAQs

Explore rental prices, market trends, and availability in Watertown, MA.

The average rent in Watertown, MA is $3,012 per month.
Homes in Watertown typically rent for between $1,974 and $5,034 per month, with an average of $3,012 per month.
In Watertown, the average rent for a 1-bedroom home is $2,820 per month, for a 2-bedroom home, $3,157 per month, and a 3-bedroom home is $3,872 per month.
The average rent in Watertown is 68.3% ($1,222) higher than the national average of $1,790 per month.
The average rent in Watertown has decreased by 0.6% ($17) in the last month and decreased by 8.8% ($289) over the past year.
The rental market in Watertown, MA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Watertown, MA, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 106 rental properties available in Watertown, MA.
Based on the current averages, a household would need an annual income of $126,280 to comfortably afford a 2-bedroom home in Watertown.
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