Park 151
151 N First St,
Cambridge, MA 02141
Studio - 3 Beds | $2,600 - $10,340
Rental Market Trends in Charlestown, MA
What is the average rent in Charlestown, MA?
$2,925/month
Average Rent
793 Sq Ft
Average Apartment Size
+0.5%
Increase in the Last Year
As of January 2025, the average rent in Charlestown, MA is $2,925 per month. This is 88% higher than the national average rent price of $1,553/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 $2,503 per month for a studio, $2,925 for a one-bedroom apartment, and around $4,573 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,932 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 0.5%, which averages out to $14 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 January 2025
Legend
2024
2025
Rent Ranges in Charlestown, MA
Last Updated January 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, Bunker Hill and Charlestown Navy Yard are the most affordable neighborhoods in Charlestown.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Charlestown?
Based on current rent prices, Charlestown Navy Yard, Bunker Hill and Little Mystic are the most expensive neighborhoods in Charlestown.
Neighborhood
Average Rent
Average Sq Ft
Which Charlestown neighborhoods have the most rentals available?
The neighborhoods in Charlestown with the most apartments available are Bunker Hill, Charlestown Navy Yard and 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 $2,925, you’ll want to make about $9,750 per month or $117,000 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
$2,459/month
One Bedroom
$2,827/month
$2,966/month
Two Bedroom
-
$4,838/month
Three Bedroom
-
$4,817/month
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Methodology
† 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.
* Percentages may not total 100 due to rounding.