Most Affordable Neighborhoods in Waltham, MA
Some of the cheapest neighborhoods in Waltham are Bentley College, Ellison Park, and Bank Square. These neighborhoods offer some of the lowest rent prices in Waltham, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Waltham is $2,782, which is 0.7% higher 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
$2,570/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
40/100
Units Available
15 Rentals
Bentley College is a top choice for budget-conscious renters for a variety of reasons. The average rent in Bentley College is $2,570 while the city average is $2,782. This is a 1.7% difference from last year. Residents enjoy convenient access to Worcester Regional, Linden Plaza, and Land's Sake Farm. The neighborhood is considered walkable with a WalkScore® of 76.
Ellison Park
Average Rent
$2,646/Month
TransitScore® Rating
42/100
Units Available
12 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out Ellison Park. The average rent is $2,646, compared to the city average of $2,782. Ellison Park is convenient to Beaver Brook Reservation, Brandeis University, and Bentley University. The community is walkable with a WalkScore® of 79.
Bank Square
Average Rent
$2,940/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
43/100
Units Available
106 Rentals
Bank Square is an affordable neighborhood in Waltham with an average rent price of $2,940. Compare this to the city average of $2,782. In the past year, rent prices have increased by 0.2%. Bank Square provides easy access to Woodland Station, Bentley University, and Hemlock Gorge Reservation. It’s a walkable neighborhood with a WalkScore® of 89.
Highlands Waltham
Average Rent
$2,955/Month
TransitScore® Rating
38/100
Units Available
75 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 $2,955, while the city’s average stands at $2,782. Highlands Waltham is near Bentley University, Newton Centre Station, and Land's Sake Farm.
South Side
Average Rent
$2,959/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
35/100
Units Available
78 Rentals
South Side is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Side is $2,959 while the city average is $2,782. This is a 0.3% difference from last year. Residents enjoy convenient access to Beaver Brook Reservation, Brandeis University, and Hammond Pond Reservation. The neighborhood is considered walkable with a WalkScore® of 88.
Pond
Average Rent
$2,984/Month
TransitScore® Rating
43/100
Units Available
72 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out Pond. The average rent is $2,984, compared to the city average of $2,782. Pond is convenient to Newton Highlands Station, Woodland Station, and Boston College. The community is walkable with a WalkScore® of 89.
Angleside
Average Rent
$3,024/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
32/100
Units Available
26 Rentals
Angleside is an affordable neighborhood in Waltham with an average rent price of $3,024. Compare this to the city average of $2,782. In the past year, rent prices have increased by 3.2%. Angleside provides easy access to 1265 Main, Beaver Brook Reservation, and Hemlock Gorge Reservation. It’s a car-dependent neighborhood with a WalkScore® of 36.
Northgate Gardens
Average Rent
$3,034/Month
Units Available
16 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 $3,034, while the city’s average stands at $2,782. Northgate Gardens is near General Edward Lawrence Logan International, Bentley University, and Worcester Regional.
Lakeview
Average Rent
$3,073/Month
Year-Over-Year Rent Change
5.4%
TransitScore® Rating
23/100
Units Available
26 Rentals
Lakeview is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lakeview is $3,073 while the city average is $2,782. This is a -5.4% difference from last year. Residents enjoy convenient access to Reservoir Plaza, Riverside Station, and Alewife Station. The neighborhood is considered somewhat walkable with a WalkScore® of 60.
North Waltham
Average Rent
$3,161/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
79/100
Units Available
28 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out North Waltham. The average rent is $3,161, compared to the city average of $2,782. Rent prices have increased by 3.8%. North Waltham is convenient to Brandeis University, Longfellow National Historic Site, and Worcester Regional. The community is walkable with a WalkScore® of 91.
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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.