Long-term Rental Rates — August 2026 · ZIPs: 02451,02453,02472
Local market data by Estaite
As of August 2026, rental prices in Watertown / Waltham, MA range from $2,171 to $4,062 per month depending on property type and bedroom count.
The most significant year-over-year change was a 15.11% increase for 1-bedroom apartments in Watertown / Waltham, MA.
For 2-bedroom units, apartments have a median rent of $3,256 while condo/townhomes are at $3,006.
What is the range of typical rents in Watertown / Waltham, MA as of August 2026?
Rents in Watertown / Waltham, MA span from $2,171 for a 1-bedroom single-family home to $4,062 for a 4-bedroom single-family home as of August 2026.
How do median rents for apartments compare to condos for the same bedroom count in Watertown / Waltham, MA?
For 2BR units in August 2026, apartments rent for $3,256 compared to $3,006 for condo/townhomes, a premium of $250 per month for apartments.
Which bedroom count shows one property type dramatically outperforming the others in Watertown / Waltham, MA?
For 1-bedroom units, apartments lead at $2,780, which is $215 higher than condo/townhomes at $2,565 and $609 above single-family homes at $2,171.
What segment in the Watertown / Waltham, MA rental market shows an outlier figure in recent data?
The most unusual figure is the 15.11% year-over-year increase for 1-bedroom apartments in August 2026.
Watertown / Waltham, MA
August 2026
02451,02453,02472
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,627 – $2,933
-1.21%
15.11%
2-Bedroom
$3,077 – $3,435
3.41%
11.08%
3-Bedroom
$3,332 – $3,646
0.85%
1.29%
4-Bedroom
$3,737 – $4,064
1.58%
4.31%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,488 – $2,642
-0.61%
2.47%
2-Bedroom
$2,916 – $3,096
-2.01%
-1.18%
3-Bedroom
$3,325 – $3,675
3.23%
-1.36%
4-Bedroom
$3,764 – $4,037
1.82%
1.63%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,095 – $2,247
1.14%
6.70%
2-Bedroom
$2,714 – $2,882
-4.27%
2.80%
3-Bedroom
$3,420 – $3,780
-2.87%
-1.22%
4-Bedroom
$3,920 – $4,204
5.33%
-0.96%
Data updated: September 25, 2026
Watertown / Waltham Rental Trends
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.
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.
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.