Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Watertown area can be challenging. Home prices in Watertown are now at a median cost of $914,307, higher than the Massachusetts average of $625,090.
The average cost of rent is $3,082/mo in Watertown, primarily driven by the current value of real estate in the Watertown area. In Watertown, 49.76% of households rent, and 40.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Watertown is $14,003 per month. Households that rent pay about 22.01% of their income on rent here. Watertown’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Watertown Town, MA: less expensive homes
- Belmont, MA: higher priced homes
- Brighton, MA: less expensive homes
- Allston, MA: less expensive homes
- Cambridge, MA: higher priced homes
- Arlington, MA: equally priced homes
- Newtonville, MA: higher priced homes
- Newton, MA: higher priced homes
- Somerville, MA: equally priced homes
- Brookline, MA: higher priced homes
Cities with Similar Populations
- Saxtons River, VT: less expensive homes
- Greenwich, NJ: less expensive homes
- Greshamville, GA: less expensive homes
- Hardy, KY: less expensive homes
- Hartsel, CO: less expensive homes
- Hecker, IL: less expensive homes
- Heron Lake, MN: less expensive homes
- Homeland, GA: less expensive homes
- Honey Lake, WI: less expensive homes
- Hot Sulphur Springs, CO: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood