Long-term Rental Rates — August 2026 · ZIPs: 02472
Local market data by Estaite
As of August 2026, rental prices in Watertown, MA range from $2,242 to $4,251 per month depending on property type and bedroom count.
The most notable year-over-year change occurred in apartments with a 1BR, which saw rents rise 11.97% in Watertown, MA.
For 3BR units in Watertown, MA, apartment rents are $3,376 compared to $3,382 for condos/townhomes and $3,384 for single-family homes.
What is the rent range for Watertown, MA in August 2026?
As of August 2026, rents in Watertown, MA range from $2,242 for a 1BR single-family home up to $4,251 for a 4BR single-family home.
How much is the premium gap between apartments and single-family homes in Watertown, MA for the same bedroom count?
For August 2026, the premium gap for 2BR units shows apartments at $3,157 and single-family homes at $2,842, resulting in apartments being $315 higher per month.
Which bedroom count shows a property type dramatically outperforming others in Watertown, MA?
In Watertown, MA in August 2026, 1BR apartments command a median rent of $2,967, outpacing condos/townhomes at $2,690 and single-family homes at $2,242.
What is the premium gap between condos/townhomes and single-family homes for the same bedroom count in Watertown, MA?
For 4BR units in August 2026, condos/townhomes have a median rent of $4,164, while single-family homes are at $4,251, resulting in single-family homes being $87 higher per month.
Watertown, MA
August 2026
02472
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,804 – $3,131
0.18%
11.97%
2-Bedroom
$2,984 – $3,331
7.95%
10.16%
3-Bedroom
$3,088 – $3,427
-1.80%
-3.46%
4-Bedroom
$3,865 – $4,204
2.20%
4.15%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,609 – $2,770
-2.28%
2.22%
2-Bedroom
$2,905 – $3,084
-1.27%
-1.53%
3-Bedroom
$3,403 – $3,650
5.71%
-1.10%
4-Bedroom
$3,976 – $4,351
4.23%
6.27%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,163 – $2,320
3.10%
9.41%
2-Bedroom
$2,737 – $2,947
-3.56%
4.17%
3-Bedroom
$3,249 – $3,520
0.87%
-6.12%
4-Bedroom
$4,073 – $4,430
0.70%
4.77%
Data updated: September 24, 2026
Watertown Rental Trends
In the Watertown (02472) rental market, 2-bedroom apartments increased by 7.95% month-over-month, reaching a median rent of $3,157 for August 2026. This is the highest MoM growth among all apartment segments, highlighting a sharp demand shift within Watertown (02472).
While 1-bedroom apartments are priced at $2,967, 1-bedroom condos in Watertown (02472) stand at $2,690, trailing by $277. Condos registered a 2.28% MoM decline, whereas apartment rents rose 0.18% MoM, demonstrating a split in directional movement for entry-level units.
The largest year-over-year decrease was seen in 3-bedroom single-family rental homes, as Watertown (02472) rental trends show a 6.12% decline to a median rent of $3,384. Other property types in this bedroom size posted less pronounced changes over the same period.