Charlesbank Apartment Homes
120 Pleasant St,
Watertown, MA 02472
$2,799 - $4,948 Total Monthly Price
Studio - 2 Beds
Area Guide
Downtown Watertown Watertown, MA
Live in the heart of the city while being convenient to two other major cities
Urban
•
Great Location
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Commuter
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 July 2026, the average apartment rent in Downtown Watertown is $2,777 for a studio, $3,281 for one bedroom, $4,084 for two bedrooms, and $6,591 for three bedrooms. Apartment rent in Downtown Watertown has increased by 8.8% in the past year.
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Studio
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533 sq ft
Average Sq Ft
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$2,777/month
Average Rent
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1 BR
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716 sq ft
Average Sq Ft
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$3,281/month
Average Rent
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2 BR
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1,039 sq ft
Average Sq Ft
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$4,084/month
Average Rent
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3 BR
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1,297 sq ft
Average Sq Ft
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$6,591/month
Average Rent
Learn More About Downtown Watertown
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Watertown - Watertown, MA is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Good Public Transit
Transit
70
/ 100
Moderately Drivable
Drivability
60
/ 100
Moderately Bikeable
Bikeability
70
/ 100
Daily Essentials
In Downtown Watertown - Watertown, MA, daily errands are quick and hassle-free.
Supermarket Within a 10 Minute Walk
Groceries
80
/ 100
Exceptional Restaurant Variety Nearby
Restaurants
90
/ 100
Exceptional Café Variety Nearby
Cafes
90
/ 100
Great Variety of Shops Nearby
Shopping
80
/ 100
Recreation
Downtown Watertown - Watertown, MA provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
100
/ 100
Exceptional Wellness Amenity Variety Nearby
Wellness
90
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Watertown - Watertown, MA from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
40
/ 100
Fair Nightlife Variety Nearby
Nightlife
50
/ 100
Scores provided by
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
Top Apartments in Downtown Watertown
Houses for Rent in Downtown Watertown
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Nearby City Rentals
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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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.