Park 151
151 N First St,
Cambridge, MA 02141
Studio - 3 Beds | $2,635 - $10,005
Rental Market Trends in Charlestown, MA
What is the average rent in Charlestown, MA?
$2,965/month
Average Rent
796 Sq Ft
Average Apartment Size
+2.5%
Increase in the Last Year
As of March 2025, the average rent in Charlestown, MA is $2,965 per month. This is 90% higher than the national average rent price of $1,559/month, making Charlestown one of the most expensive cities in the US. When you rent an apartment in Charlestown, you can expect to pay about $2,474 per month for a studio, $2,965 for a one-bedroom apartment, and around $4,496 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,814 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Charlestown, MA?
In the past year, rent has increased by 2.5%, which averages out to $75 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Charlestown, MA
Last Updated March 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
91%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Charlestown?
Based on current rent prices, Little Mystic is the most affordable neighborhood in Charlestown.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Charlestown?
Based on current rent prices, Little Mystic is the most expensive neighborhood in Charlestown.
Neighborhood
Average Rent
Average Sq Ft
Which Charlestown neighborhoods have the most rentals available?
The neighborhood in Charlestown with the most apartments available is Little Mystic .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Charlestown, MA?
Because the average rent in Charlestown is $2,965, you’ll want to make about $9,883 per month or $118,596 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Charlestown, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Charlestown, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$2,433/month
$2,433/month
One Bedroom
$2,828/month
$2,828/month
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Charlestown we think you'll love
Property Management Companies in Charlestown, MA
Willow Bridge
-
692
Communities
-
187,677
Units
-
312
Cities
3 Communities in Charlestown
Bozzuto
-
376
Communities
-
115,532
Units
-
154
Cities
2 Communities in Charlestown
Greystar
-
3,219
Communities
-
893,540
Units
-
827
Cities
1 Community in Charlestown
Bell Partners
-
244
Communities
-
77,616
Units
-
129
Cities
1 Community in Charlestown
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.