Charlesbank Apartment Homes
120 Pleasant St,
Watertown, MA 02472
$2,500 - $5,088 Plus Fees
Studio - 2 Beds
Downtown Watertown
Watertown, MA
Downtown Watertown - Watertown, MA Area Guide
Live in the heart of the city while being convenient to two other major cities
Urban
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Great Location
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Commuter
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Restaurants
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Shopping
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Downtown Watertown is a great option for renters who want to be surrounded by amenities while being convenient to Boston. Downtown Watertown is 10 miles from Boston and only five miles from Cambridge, giving renters easy access to both cities and several institutions including Boston University, Harvard University, and Massachusetts Institute of Technology.
Downtown Watertown blends the new and the old, with many rentals consisting of condos and apartments in converted buildings. The area has an urban vibe and a pedestrian-friendly environment. As the heart of Watertown, downtown is filled with restaurants and shopping options. The area is also home to several parks like Watertown Square, which has great views of the Charles River.
Rent Trends
As of March 2026, the average apartment rent in Downtown Watertown is $2,350 for a studio, $2,840 for one bedroom, and $2,875 for two bedrooms. Apartment rent in Downtown Watertown has increased by 4.8% in the past year.
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Studio
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514 sq ft
Average Sq Ft
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$2,350/month
Average Rent
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1 BR
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689 sq ft
Average Sq Ft
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$2,840/month
Average Rent
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2 BR
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1,019 sq ft
Average Sq Ft
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$2,875/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Watertown - Watertown, MA is for everyday living.
Walker's Paradise
93
/ 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Good Transit
56
/ 100
The area around this property has good transit with many nearby transportation options.
Very Bikeable
88
/ 100
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Beaver Brook Reservation
- Hammond Pond Reservation
- Mass Audubon's Habitat Education Center and Wildlife Sanctuary
- Longfellow National Historic Site
- Chestnut Hill Reservation
Commuter Rail
Military Bases
Airports
- General Edward Lawrence Logan International
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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 2026.