Rental market snapshot for Charlestown, Boston

Charlestown rental market summary

The rental market in Charlestown, Massachusetts is showing signs of growth. On July 31, 2023, there were 40 new listings, a significant increase from the previous month. The median rent for the same period was $3,000, a 17.8% increase from the previous month and a 15.3% increase from the same period in 2022. This indicates that the rental market in Charlestown is becoming increasingly competitive and that demand is growing.

The increasing demand for rental properties in Charlestown is likely due to the area's desirable location and amenities. Charlestown is a popular destination for both tourists and locals, offering a variety of attractions, restaurants, and shopping. With the increasing demand for rental properties, it is likely that the median rent will continue to rise in the coming months.

Median rent for all residential properties in Charlestown

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The most expensive listings and top trending buildings in Charlestown

Most Expensive Listings

AddressRent PriceBed / Bath
168 Bunker Hill St$4,7752 / 1.5
42 8th St$4,5002 / 2.0
73 Chelsea St$4,5002 / 2.0
50 Hood Park Dr$3,8132 / 2.0
50 Hood Park Dr$3,4771 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$3,036

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Bedroom Breakdown in Charlestown

Studio
$1,000
MEDIAN RENT
1 Bedroom
$3,355
MEDIAN RENT
2 Bedroom
$4,250
MEDIAN RENT

Charlestown neighborhood apartments rents

The rental market for studios in Charlestown, Massachusetts is showing signs of growth, with 8 new studio listings in July 2023. The median rent for studios in July 2023 is $1,000, indicating that the market is becoming more competitive. It is unclear what the median rent was in June 2023, or what the percent change in rent was from June to July, but the increase in new listings suggests that the rental market for studios in Charlestown is becoming more active.

The rental market for 1-bedroom apartments in Charlestown, Massachusetts is showing signs of growth. In April 2023, there were 7 new 1-bedroom listings, representing an increase in the available rental options. The median rent for 1-bedroom apartments in April 2023 was $3,355, a 10.7% increase from the median rent in March 2023 of $3,032. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.

The rental market for 2-bedroom apartments in Charlestown, Massachusetts is showing signs of growth. In May 2023, there were 4 new 2-bedroom listings, representing a 10.4% increase in rent from April 2023. The median rent for 2-bedroom apartments in May 2023 was $4,250, which is a significant increase from the median rent of $3,850 in April 2023. This suggests that the rental market for 2-bedroom apartments in Charlestown is becoming more competitive and that demand is increasing.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Charlestown is $3,000.
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