Best Affordable Neighborhoods in Waltham, MA
Some of the cheapest neighborhoods in Waltham are Bentley College, Ellison Park, and Lakeview. These neighborhoods offer some of the lowest rent prices in Waltham, making them ideal for renters on a budget. As of December 23, 2025, the average rent in Waltham is $2,683, 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
$2,653/Month
Year-Over-Year Rent Change
5%
TransitScore® Rating
40/100
Units Available
30 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 $2,653, while the city’s average stands at $2,683. In the last year, prices have increased by 5%. Bentley College is near Hammond Pond Reservation, Woodland Station, and Harvard-Smithsonian Center for Astrophysics.
Ellison Park
Average Rent
$2,697/Month
TransitScore® Rating
42/100
Units Available
28 Rentals
Ellison Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Ellison Park is $2,697 while the city average is $2,683. Residents enjoy convenient access to Beaver Brook Reservation, Boston College, Brighton, and Waltham Crossing. The neighborhood is considered walkable with a WalkScore® of 79.
Lakeview
Average Rent
$2,727/Month
Year-Over-Year Rent Change
6%
TransitScore® Rating
23/100
Units Available
41 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out Lakeview. The average rent is $2,727, compared to the city average of $2,683. Rent prices have decreased by 6%. Lakeview is convenient to Alewife Station, Reservoir Plaza, and Alewife. The community is somewhat walkable with a WalkScore® of 60.
Glen Meadow West
Average Rent
$2,752/Month
Units Available
23 Rentals
Glen Meadow West is an affordable neighborhood in Waltham with an average rent price of $2,752. Compare this to the city average of $2,683. Glen Meadow West provides easy access to Beaver Brook Reservation, Waltham Plaza, and General Edward Lawrence Logan International.
North Waltham
Average Rent
$2,777/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
23/100
Units Available
41 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 $2,777, while the city’s average stands at $2,683. In the last year, prices have increased by 2.8%. North Waltham is near Wal-Lex Shopping Center, Waltham Crossing, and Land's Sake Farm.
South Side
Average Rent
$2,823/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
35/100
Units Available
75 Rentals
South Side is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Side is $2,823 while the city average is $2,683. This is a -0.1% difference from last year. Residents enjoy convenient access to Bentley University, Colonial Shopping Center, and Hammond Pond Reservation. The neighborhood is considered walkable with a WalkScore® of 88.
Northgate Gardens
Average Rent
$2,830/Month
Units Available
22 Rentals
When you’re looking for a great Waltham neighborhood on a budget, check out Northgate Gardens. The average rent is $2,830, compared to the city average of $2,683. Northgate Gardens is convenient to Mass Audubon's Habitat Education Center and Wildlife Sanctuary, Davis Station, and Bentley University.
Angleside
Average Rent
$2,897/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
32/100
Units Available
34 Rentals
Angleside is an affordable neighborhood in Waltham with an average rent price of $2,897. Compare this to the city average of $2,683. In the past year, rent prices have increased by 3.3%. Angleside provides easy access to Worcester Regional, General Edward Lawrence Logan International, and Beaver Brook Reservation. It’s a car-dependent neighborhood with a WalkScore® of 36.
Bank Square
Average Rent
$2,917/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
43/100
Units Available
83 Rentals
If you’re looking for a great, affordable neighborhood in Waltham, Bank Square might be the perfect place! It has an average rent price of $2,917, while the city’s average stands at $2,683. In the last year, prices have decreased by 4.3%. Bank Square is near Woodland Station, Mass Audubon's Habitat Education Center and Wildlife Sanctuary, and Land's Sake Farm.
Bleachery
Average Rent
$2,952/Month
Year-Over-Year Rent Change
13%
TransitScore® Rating
40/100
Units Available
61 Rentals
Bleachery is a top choice for budget-conscious renters for a variety of reasons. The average rent in Bleachery is $2,952 while the city average is $2,683. This is a -13% difference from last year. Residents enjoy convenient access to General Edward Lawrence Logan International, Woodland Station, and Worcester Regional. The neighborhood is considered walkable with a WalkScore® of 84.
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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.