Most Affordable Neighborhoods in Waltham, MA
Some of the cheapest neighborhoods in Waltham are Bentley College, Ellison Park, and Northgate Gardens. These neighborhoods offer some of the lowest rent prices in Waltham, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Waltham is $2,756, which is 0.1% 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
$2,534/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
40/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Waltham, Bentley College might be the perfect place! It has an average rent price of $2,534, while the city’s average stands at $2,756. In the last year, prices have increased by 3.3%. Bentley College is near Harvard-Smithsonian Center for Astrophysics, Bentley University, and Alewife Station.
Ellison Park
Average Rent
$2,747/Month
TransitScore® Rating
42/100
Units Available
10 Rentals
Ellison Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ellison Park is $2,747 while the city average is $2,756. Residents enjoy convenient access to Waban, Brandeis University, and Colonial Shopping Center. The neighborhood is considered walkable with a WalkScore® of 79.
Northgate Gardens
Average Rent
$2,775/Month
Units Available
20 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out Northgate Gardens. The average rent is $2,775, compared to the city average of $2,756. Northgate Gardens is convenient to Beaver Brook Reservation, Minute Man National Historical Park, and Waban.
South Side
Average Rent
$2,920/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
35/100
Units Available
78 Rentals
South Side is an affordable neighborhood in Waltham with an average rent price of $2,920. Compare this to the city average of $2,756. In the past year, rent prices have increased by 0.7%. South Side provides easy access to River City Shopping Plaza, Hemlock Gorge Reservation, and Waban. It’s a walkable neighborhood with a WalkScore® of 88.
Highlands Waltham
Average Rent
$2,924/Month
TransitScore® Rating
38/100
Units Available
94 Rentals
If you’re looking for a great, affordable neighborhood in Waltham, Highlands Waltham might be the perfect place! It has an average rent price of $2,924, while the city’s average stands at $2,756. Highlands Waltham is near 1265 Main, Waltham Crossing, and Codman Community Farms.
Pond
Average Rent
$2,950/Month
TransitScore® Rating
43/100
Units Available
92 Rentals
Pond is a top choice for budget-conscious renters for a variety of reasons. The average rent in Pond is $2,950 while the city average is $2,756. Residents enjoy convenient access to Newton Centre, Brandeis University, and Mass Audubon's Habitat Education Center and Wildlife Sanctuary. The neighborhood is considered walkable with a WalkScore® of 89.
Bank Square
Average Rent
$2,999/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
43/100
Units Available
139 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out Bank Square. The average rent is $2,999, compared to the city average of $2,756. Rent prices have decreased by 0.9%. Bank Square is convenient to Newton Highlands, Land's Sake Farm, and Beaver Brook Reservation. The community is walkable with a WalkScore® of 89.
Angleside
Average Rent
$3,055/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
32/100
Units Available
30 Rentals
Angleside is an affordable neighborhood in Waltham with an average rent price of $3,055. Compare this to the city average of $2,756. In the past year, rent prices have increased by 1.9%. Angleside provides easy access to Brandeis University, Charlesbank Shopping Center, and Worcester Regional. It’s a car-dependent neighborhood with a WalkScore® of 36.
North Waltham
Average Rent
$3,073/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
79/100
Units Available
29 Rentals
If you’re looking for a great, affordable neighborhood in Waltham, North Waltham might be the perfect place! It has an average rent price of $3,073, while the city’s average stands at $2,756. In the last year, prices have increased by 1%. North Waltham is near Boston College, Brighton, Mass Audubon's Habitat Education Center and Wildlife Sanctuary, and Waltham Plaza.
Piety Corner
Average Rent
$3,097/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
26/100
Units Available
34 Rentals
Piety Corner is a top choice for budget-conscious renters for a variety of reasons. The average rent in Piety Corner is $3,097 while the city average is $2,756. This is a -0.2% difference from last year. Residents enjoy convenient access to Worcester Regional, Land's Sake Farm, and Mass Audubon's Habitat Education Center and Wildlife Sanctuary. The neighborhood is considered car-dependent with a WalkScore® of 37.
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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.