{
  "schema_version": "1.0",
  "submarket": {
    "slug": "watertown-waltham-ma",
    "name": "Watertown / Waltham",
    "state": "MA",
    "city": "WALTHAM",
    "cbsa": "Boston-Cambridge-Newton",
    "zip_codes": [
      "02451",
      "02453",
      "02472"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-22T04:19:58.387Z",
    "last_updated_at": "2026-06-02T13:55:26.733Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 2600,
        "low": 2457,
        "high": 2744,
        "mom_pct": 5.028803738317757,
        "yoy_pct": 6.572485981308412
      },
      "2br": {
        "median": 3141,
        "low": 2968,
        "high": 3314,
        "mom_pct": 7.971458773784355,
        "yoy_pct": 8.01832980972516
      },
      "3br": {
        "median": 3623,
        "low": 3406,
        "high": 3841,
        "mom_pct": 2.72271186440678,
        "yoy_pct": 8.740112994350282
      },
      "4br": {
        "median": 3829,
        "low": 3599,
        "high": 4059,
        "mom_pct": 3.429615384615384,
        "yoy_pct": 6.323076923076924
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 2533,
        "low": 2457,
        "high": 2609,
        "mom_pct": 0.49303030303030315,
        "yoy_pct": 1.8124242424242425
      },
      "2br": {
        "median": 2956,
        "low": 2868,
        "high": 3045,
        "mom_pct": -0.285084745762712,
        "yoy_pct": 0.17491525423728826
      },
      "3br": {
        "median": 3561,
        "low": 3412,
        "high": 3711,
        "mom_pct": 1.602857142857143,
        "yoy_pct": 5.322857142857143
      },
      "4br": {
        "median": 3878,
        "low": 3715,
        "high": 4041,
        "mom_pct": 2.552222222222223,
        "yoy_pct": 5.37
      }
    },
    "single_family": {
      "1br": {
        "median": 2100,
        "low": 2026,
        "high": 2173,
        "mom_pct": 3.7615384615384615,
        "yoy_pct": 7.964615384615385
      },
      "2br": {
        "median": 2799,
        "low": 2687,
        "high": 2911,
        "mom_pct": 1.3600000000000003,
        "yoy_pct": 8.944705882352942
      },
      "3br": {
        "median": 3635,
        "low": 3417,
        "high": 3853,
        "mom_pct": 5.088965517241379,
        "yoy_pct": 7.308965517241379
      },
      "4br": {
        "median": 4126,
        "low": 3940,
        "high": 4311,
        "mom_pct": 4.2875,
        "yoy_pct": 6.416250000000001
      }
    }
  },
  "vacancy": 3.6184999999999996,
  "days_on_market": {
    "apartment": 29,
    "condo_townhome": 34,
    "single_family": 28
  },
  "ai_summary": [
    {
      "headline": "2BR apartments surge 8.02% YoY to $3,141",
      "body": "In the Watertown / Waltham (02451, 02453, 02472) rental market, 2-bedroom apartments reached a median rent of $3,141 in April 2026, marking an 8.02% year-over-year increase. This sizable gain highlights the popularity and rising costs of apartment living for mid-sized units in this area."
    },
    {
      "headline": "1BR single-family homes advance 7.96% YoY",
      "body": "Renters opting for 1-bedroom single-family homes in Watertown / Waltham (02451, 02453, 02472) saw a 7.96% rise year-over-year, with median rates moving to $2,100. This YoY increase outpaces 1-bedroom condos, which posted only 1.81% annual growth at $2,533."
    },
    {
      "headline": "4BR condos grow 2.55% MoM to $3,878",
      "body": "Among larger units, Watertown / Waltham (02451, 02453, 02472) rental trends show 4-bedroom condos rising 2.55% month-over-month, reaching $3,878 in April 2026. This MoM uptick positions condos as a competitive option compared to apartments and single-family segments."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Watertown / Waltham, MA range from $2,100 to $4,126 per month depending on property type and bedroom count.",
      "The largest year-over-year rent increase occurred in single-family 2BR homes, which rose 8.94%.",
      "For 3BR units, single-family homes have a median rent of $3,635 compared to $3,561 for condos/townhomes."
    ],
    "qa": [
      {
        "question": "What is the rent range for apartments and houses in Watertown / Waltham, MA?",
        "answer": "In April 2026, rents in Watertown / Waltham, MA range from $2,100 for a 1BR single-family home up to $4,126 for a 4BR single-family home."
      },
      {
        "question": "How do condo/townhome rents compare to single-family homes for the same bedroom count in Watertown / Waltham, MA?",
        "answer": "In April 2026, single-family homes in Watertown / Waltham, MA have higher rents than condos/townhomes for most bedroom counts; for example, 3BR single-family homes rent for $3,635 while 3BR condos/townhomes are at $3,561, and 4BR single-family homes are $4,126 versus $3,878 for 4BR condos/townhomes."
      },
      {
        "question": "Which segment shows an unusual or outlier figure in the Watertown / Waltham, MA rental market?",
        "answer": "The largest month-over-month change is in 2BR apartments, which increased 7.97% from $2,909 to $3,141 as of April 2026."
      },
      {
        "question": "Are rents generally increasing or decreasing for different property types in Watertown / Waltham, MA?",
        "answer": "As of April 2026, rents are up across nearly all segments, with every property type and bedroom count posting positive year-over-year change, except for 2BR condos/townhomes which grew only 0.17%."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 2600,
          "2br": 3141,
          "3br": 3623,
          "4br": 3829
        },
        "condo_townhome": {
          "1br": 2533,
          "2br": 2956,
          "3br": 3561,
          "4br": 3878
        },
        "single_family": {
          "1br": 2100,
          "2br": 2799,
          "3br": 3635,
          "4br": 4126
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 2485,
          "2br": 2933,
          "3br": 3491,
          "4br": 3745
        },
        "condo_townhome": {
          "1br": 2518,
          "2br": 2973,
          "3br": 3528,
          "4br": 3763
        },
        "single_family": {
          "1br": 2033,
          "2br": 2743,
          "3br": 3470,
          "4br": 3935
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 2382,
          "2br": 2934,
          "3br": 3601,
          "4br": 3630
        },
        "condo_townhome": {
          "1br": 2467,
          "2br": 2861,
          "3br": 3471,
          "4br": 3702
        },
        "single_family": {
          "1br": 1989,
          "2br": 2657,
          "3br": 3439,
          "4br": 3953
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 2516,
          "2br": 2900,
          "3br": 3404,
          "4br": 3675
        },
        "condo_townhome": {
          "1br": 2488,
          "2br": 2856,
          "3br": 3508,
          "4br": 3780
        },
        "single_family": {
          "1br": 1977,
          "2br": 2632,
          "3br": 3433,
          "4br": 3985
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 2403,
          "2br": 2772,
          "3br": 3269,
          "4br": 3668
        },
        "condo_townhome": {
          "1br": 2416,
          "2br": 2835,
          "3br": 3433,
          "4br": 3716
        },
        "single_family": {
          "1br": 1972,
          "2br": 2647,
          "3br": 3494,
          "4br": 3951
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 2480,
          "2br": 2835,
          "3br": 3297,
          "4br": 3679
        },
        "condo_townhome": {
          "1br": 2484,
          "2br": 2878,
          "3br": 3444,
          "4br": 3755
        },
        "single_family": {
          "1br": 1981,
          "2br": 2657,
          "3br": 3537,
          "4br": 3975
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 2432,
          "2br": 2841,
          "3br": 3379,
          "4br": 3765
        },
        "condo_townhome": {
          "1br": 2478,
          "2br": 2943,
          "3br": 3491,
          "4br": 3811
        },
        "single_family": {
          "1br": 1998,
          "2br": 2676,
          "3br": 3562,
          "4br": 4018
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 2406,
          "2br": 2912,
          "3br": 3372,
          "4br": 3767
        },
        "condo_townhome": {
          "1br": 2474,
          "2br": 2966,
          "3br": 3522,
          "4br": 3824
        },
        "single_family": {
          "1br": 2019,
          "2br": 2704,
          "3br": 3612,
          "4br": 4081
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 2406,
          "2br": 2913,
          "3br": 3409,
          "4br": 3776
        },
        "condo_townhome": {
          "1br": 2480,
          "2br": 3045,
          "3br": 3557,
          "4br": 3843
        },
        "single_family": {
          "1br": 2031,
          "2br": 2718,
          "3br": 3612,
          "4br": 4126
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 2465,
          "2br": 2934,
          "3br": 3402,
          "4br": 3762
        },
        "condo_townhome": {
          "1br": 2525,
          "2br": 3042,
          "3br": 3563,
          "4br": 3809
        },
        "single_family": {
          "1br": 2029,
          "2br": 2712,
          "3br": 3605,
          "4br": 4122
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 2475,
          "2br": 2941,
          "3br": 3353,
          "4br": 3772
        },
        "condo_townhome": {
          "1br": 2514,
          "2br": 3036,
          "3br": 3513,
          "4br": 3846
        },
        "single_family": {
          "1br": 2013,
          "2br": 2676,
          "3br": 3559,
          "4br": 4044
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 2452,
          "2br": 2962,
          "3br": 3314,
          "4br": 3704
        },
        "condo_townhome": {
          "1br": 2515,
          "2br": 2995,
          "3br": 3459,
          "4br": 3740
        },
        "single_family": {
          "1br": 1975,
          "2br": 2626,
          "3br": 3496,
          "4br": 3953
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/watertown-waltham-ma/",
    "self": "https://data.estaite.com/feeds/watertown-waltham-ma.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}