Cheapest Neighborhoods in Waltham, MA

Some of the cheapest neighborhoods in Waltham are Lakeview, South Side, and Bank Square. These neighborhoods offer some of the lowest rent prices in Waltham, making them ideal for renters on a budget. As of September 20, 2026, the average rent in Waltham is $2,770, which is 1.1% 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.

Lakeview

Average Rent

$2,736/Month

Year-Over-Year Rent Change

3.5%

Units Available

36 Rentals

Lakeview is an affordable neighborhood in Waltham with an average rent price of $2,736. Compare this to the city average of $2,770. In the past year, rent prices have increased by 3.5%. Lakeview provides easy access to Woodland Station, Beaver Brook Reservation, and Boston College.

South Side

Average Rent

$2,753/Month

Year-Over-Year Rent Change

1%

Units Available

61 Rentals

If you’re looking for a great, affordable neighborhood in Waltham, South Side might be the perfect place! It has an average rent price of $2,753, while the city’s average stands at $2,770. In the last year, prices have decreased by 1%. South Side is near Boston College, Brighton, River City Shopping Plaza, and Worcester Regional.

Bank Square

Average Rent

$2,818/Month

Year-Over-Year Rent Change

2.8%

Units Available

45 Rentals

Bank Square is a top choice for budget-conscious renters for a variety of reasons. The average rent in Bank Square is $2,818 while the city average is $2,770. This is a 2.8% difference from last year. Residents enjoy convenient access to Boston College, Land's Sake Farm, and Hammond Pond Reservation.

Bentley College

Average Rent

$2,836/Month

Year-Over-Year Rent Change

1.9%

Units Available

20 Rentals

When you’re looking for a great Waltham neighborhood on a budget, check out Bentley College. The average rent is $2,836, compared to the city average of $2,770. Rent prices have increased by 1.9%. Bentley College is convenient to Colonial Shopping Center, Harvard-Smithsonian Center for Astrophysics, and Worcester Regional.

Angleside

Average Rent

$2,886/Month

Year-Over-Year Rent Change

6%

Units Available

17 Rentals

Angleside is an affordable neighborhood in Waltham with an average rent price of $2,886. Compare this to the city average of $2,770. In the past year, rent prices have increased by 6%. Angleside provides easy access to Brandeis University, Beaver Brook Reservation, and Babson College.

Bleachery

Average Rent

$2,896/Month

Year-Over-Year Rent Change

1.4%

Units Available

49 Rentals

If you’re looking for a great, affordable neighborhood in Waltham, Bleachery might be the perfect place! It has an average rent price of $2,896, while the city’s average stands at $2,770. In the last year, prices have decreased by 1.4%. Bleachery is near Colonial Shopping Center, Land's Sake Farm, and Mass Audubon's Habitat Education Center and Wildlife Sanctuary.

Highlands Waltham

Average Rent

$2,916/Month

Units Available

14 Rentals

Highlands Waltham is a top choice for budget-conscious renters for a variety of reasons. The average rent in Highlands Waltham is $2,916 while the city average is $2,770. Residents enjoy convenient access to Eliot Station, Boston College, Brighton, and Riverside Station.

North Waltham

Average Rent

$2,946/Month

Year-Over-Year Rent Change

2.3%

Units Available

31 Rentals

When you’re looking for a great Waltham neighborhood on a budget, check out North Waltham. The average rent is $2,946, compared to the city average of $2,770. Rent prices have increased by 2.3%. North Waltham is convenient to Davis Station, General Edward Lawrence Logan International, and Worcester Regional.

Chemistry

Average Rent

$3,113/Month

Year-Over-Year Rent Change

7.4%

Units Available

25 Rentals

Chemistry is an affordable neighborhood in Waltham with an average rent price of $3,113. Compare this to the city average of $2,770. In the past year, rent prices have decreased by 7.4%. Chemistry provides easy access to Newton Highlands Station, Riverside Station, and Bentley University.

West End Waltham

Average Rent

$3,129/Month

Year-Over-Year Rent Change

1.7%

Units Available

47 Rentals

If you’re looking for a great, affordable neighborhood in Waltham, West End Waltham might be the perfect place! It has an average rent price of $3,129, while the city’s average stands at $2,770. In the last year, prices have increased by 1.7%. West End Waltham is near Newton Highlands Station, Hazel Brook Conservation Area, and Waban 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.