Charlestown, MA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

26 / 91

Reliable / Active

Revenue

$66,787

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Top Earners

$93,191

Top-Earners Revenue

Charlestown

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Charlestown.

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C

Challenging to Investors

Charlestown Regulations

STRs are allowed but only for owner-occupied condos and 1–3 family homes (owner must own all units in 2–3 family buildings), with annual registration, business certificates, occupancy limits, abutters notice, and strict enforcement (revocation after 3 violations). This limits investor opportunities and raises compliance risk despite moderate fees.

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About Charlestown

Charlestown is the oldest neighborhood in Boston, Massachusetts, located in Suffolk County on a small peninsula where the Charles River meets the Mystic River. With a population of roughly 17,000, it has retained a village-like atmosphere amid the larger city, characterized by narrow streets, brick row houses, and a strong sense of local identity tied to its colonial and Revolutionary War history. Charlestown is best known as the home of the Bunker Hill Monument and the USS Constitution, and as the northern terminus of Boston's Freedom Trail. It sits just across the Charles River from Cambridge and only about a mile north of downtown Boston, easily reached by the Charlestown Bridge or the MBTA Orange Line.

The Bunker Hill Monument is the neighborhood's most iconic landmark, a 221-foot granite obelisk commemorating the first major battle of the American Revolutionary War in June 1775. Visitors can climb the 294 steps inside the obelisk for sweeping views of Boston Harbor, Cambridge, and the surrounding cityscape. The monument is part of the Boston National Historical Park and sits only a short walk from the neighborhood's center, making it a natural anchor for visitors exploring the area.

Just a few blocks from the monument lies the USS Constitution and the adjoining Charlestown Navy Yard, the world's oldest commissioned naval warship still afloat, launched in 1797 and nicknamed "Old Ironsides." The adjacent museum tells the story of the ship's role in the early U.S. Navy and the broader maritime history of the region. Free guided tours of the ship itself are offered when in port, and the waterfront setting makes the yard a pleasant place to wander, with views across Boston Harbor toward the downtown skyline.

The Freedom Trail winds through Charlestown as it makes its way from downtown Boston, with its red-brick path guiding visitors past key colonial and revolutionary sites before ending at the Charlestown Navy Yard. Following the trail offers an easy, self-paced way to connect Charlestown's landmarks with the rest of Boston's historic core, including the Old North Church and Faneuil Hall, both of which can be reached on foot in roughly thirty minutes.

Charlestown appeals to short-term rental investors because it offers visitors something that feels distinct from a typical big-city stay: a compact, walkable historic district with a village feel, two of Boston's most visited heritage attractions within steps of one another, and direct transit access to the rest of the city. Guests can spend the day immersed in Revolutionary War history and then cross the bridge to dine in Cambridge or catch a game at the nearby TD Garden, making it a convenient and memorable base for exploring greater Boston.

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