Watertown, MA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Watertown short-term rental market based on reliable data.

Listings

52 / 228

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$41,079

Middle-Earners Revenue

Occupancy

81%

Middle-Earners Occupancy

Home Value

$808,652

Median Home Sale Price

Top Earners

$78,927

Top-Earners Revenue

Watertown

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Watertown.

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D

Unfriendly to Investors

Watertown Regulations

Watertown bans short‑term rentals citywide, offering no permit, registration, or legal pathway and actively enforcing a minimum 31‑day lease rule; after rejecting a 2024 proposal that would have allowed limited STRs, the city has made compliance practically impossible, deterring investment.

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About Watertown

Watertown is a city in Middlesex County, Massachusetts, United States, part of Greater Boston. The population was 35,329 in the 2020 census. Its neighborhoods include Bemis, Coolidge Square, East Watertown, Watertown Square, and the West End. Watertown was one of the first Massachusetts Bay Colony settlements organized by Puritan settlers in 1630. The city is home to the Perkins School for the Blind, the Armenian Library and Museum of America, and the historic Watertown Arsenal, which produced military armaments from 1816 through World War II.

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