Best Affordable Neighborhoods in Waltham, MA

Some of the cheapest neighborhoods in Waltham are Bentley College, Ellison Park, and North Waltham. These neighborhoods offer some of the lowest rent prices in Waltham, making them ideal for renters on a budget. As of February 6, 2026, the average rent in Waltham is $2,648, which is 1.7% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Bentley College

Average Rent

$2,485/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

40/100

Units Available

42 Rentals

Bentley College is an affordable neighborhood in Waltham with an average rent price of $2,485. Compare this to the city average of $2,648. In the past year, rent prices have increased by 0.4%. Bentley College provides easy access to Hammond Pond Reservation, Colonial Shopping Center, and Land's Sake Farm. It’s a walkable neighborhood with a WalkScore® of 76.

Ellison Park

Average Rent

$2,519/Month

TransitScore® Rating

42/100

Units Available

38 Rentals

If you’re looking for a great, affordable neighborhood in Waltham, Ellison Park might be the perfect place! It has an average rent price of $2,519, while the city’s average stands at $2,648. Ellison Park is near Worcester Regional, Waban Station, and Boston College.

North Waltham

Average Rent

$2,736/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

79/100

Units Available

37 Rentals

North Waltham is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Waltham is $2,736 while the city average is $2,648. This is a 2% difference from last year. Residents enjoy convenient access to Waltham Crossing, Bentley University, and Mass Audubon's Habitat Education Center and Wildlife Sanctuary. The neighborhood is considered walkable with a WalkScore® of 91.

South Side

Average Rent

$2,761/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

35/100

Units Available

56 Rentals

When you’re looking for a great Waltham neighborhood on a budget, check out South Side. The average rent is $2,761, compared to the city average of $2,648. Rent prices have decreased by 0.5%. South Side is convenient to Land's Sake Farm, Worcester Regional, and Newton Centre Station. The community is walkable with a WalkScore® of 88.

Northgate Gardens

Average Rent

$2,763/Month

Units Available

19 Rentals

Northgate Gardens is an affordable neighborhood in Waltham with an average rent price of $2,763. Compare this to the city average of $2,648. Northgate Gardens provides easy access to Bentley University, General Edward Lawrence Logan International, and Worcester Regional.

Lakeview

Average Rent

$2,775/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

23/100

Units Available

39 Rentals

If you’re looking for a great, affordable neighborhood in Waltham, Lakeview might be the perfect place! It has an average rent price of $2,775, while the city’s average stands at $2,648. In the last year, prices have decreased by 1%. Lakeview is near Waltham Plaza, Alewife, and Woodland Station.

Glen Meadow West

Average Rent

$2,786/Month

Units Available

20 Rentals

Glen Meadow West is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glen Meadow West is $2,786 while the city average is $2,648. Residents enjoy convenient access to Boston College, Alewife Station, and Worcester Regional.

Angleside

Average Rent

$2,849/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

32/100

Units Available

33 Rentals

When you’re looking for a great Waltham neighborhood on a budget, check out Angleside. The average rent is $2,849, compared to the city average of $2,648. Rent prices have increased by 2.1%. Angleside is convenient to Boston College, Babson College, and Brandeis University. The community is car-dependent with a WalkScore® of 36.

Bleachery

Average Rent

$2,875/Month

Year-Over-Year Rent Change

2.7%

TransitScore® Rating

40/100

Units Available

48 Rentals

Bleachery is an affordable neighborhood in Waltham with an average rent price of $2,875. Compare this to the city average of $2,648. In the past year, rent prices have increased by 2.7%. Bleachery provides easy access to Land's Sake Farm, Beaver Brook Reservation, and Hammond Pond Reservation. It’s a walkable neighborhood with a WalkScore® of 84.

Pond

Average Rent

$2,889/Month

TransitScore® Rating

43/100

Units Available

33 Rentals

If you’re looking for a great, affordable neighborhood in Waltham, Pond might be the perfect place! It has an average rent price of $2,889, while the city’s average stands at $2,648. Pond is near Main Street Marketplace, Beaver Brook Reservation, and Newton Highlands Station.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.