
Photo: 4300streetcar, CC BY 4.0, via Wikimedia Commons
Watertown, Massachusetts
Renting out property in Watertown
A dense small city on the Charles between Newton and Cambridge, with a large stock of two-family houses and a life-sciences employment base growing along Arsenal Street.
Watertown’s housing stock
- Two-family houses across much of the city
- Condo conversions of those same two-families
- Single-family homes on the quieter residential streets
- Newer apartment buildings along Arsenal Street and Pleasant Street
Who rents in Watertown
Life-sciences and technology employees working along Arsenal Street and in Cambridge, young professionals who want to be near Cambridge without Cambridge rents, and long-settled families. With no train, distance to the bus routes and off-street parking both carry real weight with tenants.
What makes Watertown different to manage
Most Watertown rentals are one floor of a two-family, so shared systems, a shared driveway and an owner living upstairs or down are the normal operating conditions rather than an edge case. Rents vary sharply with what a unit is close to — Watertown Square and the Harvard buses at one end, a quiet street with parking at the other — so a unit priced off a city-wide figure is usually wrong in one direction.
Common questions about Watertown
Rental registration and inspection requirements are set by each municipality and change from time to time, and we have not independently confirmed Watertown's current rule — so we are not going to state one here. Confirm it with the City of Watertown Inspectional Services Division. Livo Properties handles registration and inspection scheduling for the properties it manages, including confirming what the city currently requires.
Two-family houses across much of the city; Condo conversions of those same two-families; Single-family homes on the quieter residential streets; Newer apartment buildings along Arsenal Street and Pleasant Street. In practice a dense small city on the Charles between Newton and Cambridge, with a large stock of two-family houses and a life-sciences employment base growing along Arsenal Street.
Life-sciences and technology employees working along Arsenal Street and in Cambridge, young professionals who want to be near Cambridge without Cambridge rents, and long-settled families. With no train, distance to the bus routes and off-street parking both carry real weight with tenants.
Most Watertown rentals are one floor of a two-family, so shared systems, a shared driveway and an owner living upstairs or down are the normal operating conditions rather than an edge case. Rents vary sharply with what a unit is close to — Watertown Square and the Harvard buses at one end, a quiet street with parking at the other — so a unit priced off a city-wide figure is usually wrong in one direction.
All of it — including Watertown Square, Coolidge Square, East Watertown, Bemis and West End. Livo Properties manages residential rental property across Greater Boston, so a portfolio spread over several cities is handled by the same team on the same statement.
Frequent MBTA buses from Watertown Square and Watertown Yard to Harvard Square and Kenmore; No rail station in the city — the buses are the rapid-transit connection; The Mass Pike and Soldiers Field Road along its southern edge. Transit access is one of the strongest drivers of what a unit achieves, and it is a factor in every rental analysis we produce.
Areas near Watertown we manage

Property management in Newton
Thirteen villages rather than one city, with a rental market of single-family homes, two-families and condos let largely to families and relocating professionals.
Newton guide
Property management in Waltham
A former mill city on the Charles with two universities, a substantial life-sciences employment base along 128, and a genuinely mixed rental market.
Waltham guide
Property management in Cambridge
A university-anchored rental market with unusually low vacancy and unusually informed tenants, where a well-presented unit rarely sits.
Cambridge guide
Property management in Boston
The densest and most regulated rental market in the state, and the one with the most rigid turnover calendar — a very large share of city leases start on September 1.
Boston guideThinking about renting out a Watertown property?
Start with a conversation and a written quote. Clients then get a written rental analysis: what the unit should ask, what it needs before it goes to market, and how quickly it is likely to lease in Watertown.