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 September 12, 2025, the average rent in Waltham is $2,778, 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

$2,591/Month

Year-Over-Year Rent Change

1.4%

TransitScore® Rating

40/100

Units Available

19 Rentals

Bentley College is an affordable neighborhood in Waltham with an average rent price of $2,591. Compare this to the city average of $2,778. In the past year, rent prices have increased by 1.4%. Bentley College provides easy access to Boston College Station, Woodland Station, and Linden Plaza. It’s a walkable neighborhood with a WalkScore® of 76.

Ellison Park

Average Rent

$2,617/Month

TransitScore® Rating

42/100

Units Available

17 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 $2,617, while the city’s average stands at $2,778. Ellison Park is near Newton Centre Station, Woodland Station, and Mass Audubon's Habitat Education Center and Wildlife Sanctuary.

Northgate Gardens

Average Rent

$2,764/Month

Units Available

21 Rentals

Northgate Gardens is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northgate Gardens is $2,764 while the city average is $2,778. Residents enjoy convenient access to Riverside Station, General Edward Lawrence Logan International, and Davis Station.

North Waltham

Average Rent

$2,831/Month

Year-Over-Year Rent Change

3.4%

TransitScore® Rating

79/100

Units Available

33 Rentals

When you’re looking for a great Waltham neighborhood on a budget, check out North Waltham. The average rent is $2,831, compared to the city average of $2,778. Rent prices have increased by 3.4%. North Waltham is convenient to Riverside Station, Mass Audubon's Habitat Education Center and Wildlife Sanctuary, and Boston College Station. The community is walkable with a WalkScore® of 91.

Lakeview

Average Rent

$2,837/Month

Year-Over-Year Rent Change

9.6%

TransitScore® Rating

23/100

Units Available

34 Rentals

Lakeview is an affordable neighborhood in Waltham with an average rent price of $2,837. Compare this to the city average of $2,778. In the past year, rent prices have decreased by 9.6%. Lakeview provides easy access to Beaver Brook Reservation, Alewife, and Waban Station. It’s a somewhat walkable neighborhood with a WalkScore® of 60.

South Side

Average Rent

$2,890/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

35/100

Units Available

74 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 $2,890, while the city’s average stands at $2,778. In the last year, prices have increased by 1.7%. South Side is near Mass Audubon's Habitat Education Center and Wildlife Sanctuary, Brandeis University, and Beaver Brook Reservation.

Glen Meadow West

Average Rent

$2,968/Month

Units Available

17 Rentals

Glen Meadow West is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glen Meadow West is $2,968 while the city average is $2,778. Residents enjoy convenient access to Waban Station, Tufts Univ., Medford, and Reservoir Plaza.

Angleside

Average Rent

$3,009/Month

Year-Over-Year Rent Change

2.8%

TransitScore® Rating

32/100

Units Available

32 Rentals

When you’re looking for a great Waltham neighborhood on a budget, check out Angleside. The average rent is $3,009, compared to the city average of $2,778. Rent prices have increased by 2.8%. Angleside is convenient to Bentley University, Brandeis University, and 1265 Main. The community is car-dependent with a WalkScore® of 36.

Bank Square

Average Rent

$3,022/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

43/100

Units Available

114 Rentals

Bank Square is an affordable neighborhood in Waltham with an average rent price of $3,022. Compare this to the city average of $2,778. In the past year, rent prices have increased by 0.4%. Bank Square provides easy access to Mass Audubon's Habitat Education Center and Wildlife Sanctuary, Woodland Station, and Beaver Brook Reservation. It’s a walkable neighborhood with a WalkScore® of 89.

Highlands Waltham

Average Rent

$3,031/Month

TransitScore® Rating

38/100

Units Available

65 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 $3,031, while the city’s average stands at $2,778. Highlands Waltham is near Beaver Brook Reservation, Riverside Station, and Woodland 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.