Best Affordable Neighborhoods in Waltham, MA
Some of the cheapest neighborhoods in Waltham are Bentley College, South Side, and Lakeview. These neighborhoods offer some of the lowest rent prices in Waltham, making them ideal for renters on a budget. As of December 12, 2025, the average rent in Waltham is $2,684, which is 0.5% 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
$2,754/Month
Year-Over-Year Rent Change
6.9%
TransitScore® Rating
40/100
Units Available
25 Rentals
Bentley College is a top choice for budget-conscious renters for a variety of reasons. The average rent in Bentley College is $2,754 while the city average is $2,684. This is a 6.9% difference from last year. Residents enjoy convenient access to Riverside Station, Brandeis University, and Waltham Crossing. The neighborhood is considered walkable with a WalkScore® of 76.
South Side
Average Rent
$2,797/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
35/100
Units Available
79 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out South Side. The average rent is $2,797, compared to the city average of $2,684. Rent prices have increased by 0.8%. South Side is convenient to Linden Plaza, Woodland Station, and River City Shopping Plaza. The community is walkable with a WalkScore® of 88.
Lakeview
Average Rent
$2,798/Month
Year-Over-Year Rent Change
5.1%
TransitScore® Rating
23/100
Units Available
38 Rentals
Lakeview is an affordable neighborhood in Waltham with an average rent price of $2,798. Compare this to the city average of $2,684. In the past year, rent prices have decreased by 5.1%. Lakeview provides easy access to Mass Audubon's Habitat Education Center and Wildlife Sanctuary, Brandeis University, and Minute Man National Historical Park. It’s a somewhat walkable neighborhood with a WalkScore® of 60.
Ellison Park
Average Rent
$2,816/Month
TransitScore® Rating
42/100
Units Available
23 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 $2,816, while the city’s average stands at $2,684. Ellison Park is near Worcester Regional, Waltham Crossing, and Bentley University.
North Waltham
Average Rent
$2,830/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
79/100
Units Available
39 Rentals
North Waltham is a top choice for budget-conscious renters for a variety of reasons. The average rent in North Waltham is $2,830 while the city average is $2,684. This is a 3.6% difference from last year. Residents enjoy convenient access to Waltham Plaza, Boston College, and Bentley University. The neighborhood is considered walkable with a WalkScore® of 91.
Angleside
Average Rent
$2,853/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
32/100
Units Available
35 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out Angleside. The average rent is $2,853, compared to the city average of $2,684. Rent prices have increased by 3.3%. Angleside is convenient to Boston College, Newton Highlands Station, and Waban Station. The community is car-dependent with a WalkScore® of 36.
Glen Meadow West
Average Rent
$2,861/Month
Units Available
22 Rentals
Glen Meadow West is an affordable neighborhood in Waltham with an average rent price of $2,861. Compare this to the city average of $2,684. Glen Meadow West provides easy access to Boston College, Tufts Univ., Medford, and Brandeis University.
Northgate Gardens
Average Rent
$2,878/Month
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Waltham, Northgate Gardens might be the perfect place! It has an average rent price of $2,878, while the city’s average stands at $2,684. Northgate Gardens is near Riverside Station, General Edward Lawrence Logan International, and Brandeis University.
Bank Square
Average Rent
$2,921/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
43/100
Units Available
87 Rentals
Bank Square is a top choice for budget-conscious renters for a variety of reasons. The average rent in Bank Square is $2,921 while the city average is $2,684. This is a -4.6% difference from last year. Residents enjoy convenient access to General Edward Lawrence Logan International, Mass Audubon's Habitat Education Center and Wildlife Sanctuary, and Boston College, Brighton. The neighborhood is considered walkable with a WalkScore® of 89.
Pond
Average Rent
$2,958/Month
TransitScore® Rating
43/100
Units Available
36 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out Pond. The average rent is $2,958, compared to the city average of $2,684. Pond is convenient to Waltham Crossing, Waban Station, and Mass Audubon's Habitat Education Center and Wildlife Sanctuary. The community is walkable with a WalkScore® of 89.
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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.