Last updated
Average Rent in Charlestown & Rent Trends
Rent prices and market trends across 2 apartment communities in Charlestown, Malden, MA. Updated daily.
Market Average
$3,638/mo
Lowest Available
$3,225/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
12
available now
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Charlestown vs Malden, MA Average
Charlestown is cheaper than the Malden, MA average by $227/mo (6%). The citywide average is $3,865/mo across all neighborhoods.
Is Rent Going Up or Down in Charlestown?
As of October 2026, the average rent in Charlestown is $3,638 per month across 2 apartment communities and 12 available units.
The most affordable option is The Harvey starting at $3,225/mo. By unit type, a 1-bedroom averages $3,638/mo.
Prices range from $3,225 to $4,444 per month. The most common price point is the $3,400 range, where 6 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Charlestown
Rent Prices by Apartment in Charlestown
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Harvey | $3,225/mo | $3,386/mo | 5 | 4.8 |
| Harborview at the Navy Yard | $3,531/mo | $3,819/mo | 7 | 4.1 |
Frequently Asked Questions About Rent in Charlestown
What is the average rent in Charlestown?
Is rent going up or down in Charlestown?
What is the cheapest apartment in Charlestown?
How much is a 1-bedroom apartment in Charlestown?
How many apartments are available in Charlestown?
What salary do I need to live comfortably in Charlestown?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$146,000/year
Based on the 30 percent rule, using our tracked average rent of $3,638/mo.
Comfortable income
$175,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($3,225/mo), you need to earn at least $129,000/year.
Median household income in Charlestown is $95,298 , about 45% below the comfortable-living threshold.
Cost of living in Charlestown
Overall prices in Charlestown runs above the national average by about 10% (BEA Regional Price Parity index 110.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Charlestown's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,638 |
| Utilities | $637 |
| Groceries | $544 |
| Transportation | $1,520 |
| Healthcare | $741 |
| Other goods and services | $1,186 |
| Estimated total | $8,266/mo |
Population
65,509
Median household income
$95,298
Census median rent
$2,066/mo
Census rent burden
30.3%
Median age
35.8
Mean commute
36 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Charlestown Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Charlestown Apartments
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