Best Affordable Neighborhoods in Waltham, MA

Some of the cheapest neighborhoods in Waltham are Bentley College, Ellison Park, and Glen Meadow West. These neighborhoods offer some of the lowest rent prices in Waltham, making them ideal for renters on a budget. As of March 23, 2026, the average rent in Waltham is $2,713, which is 0.8% 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

$2,483/Month

Year-Over-Year Rent Change

3.4%

Units Available

30 Rentals

Bentley College is an affordable neighborhood in Waltham with an average rent price of $2,483. Compare this to the city average of $2,713. In the past year, rent prices have increased by 3.4%. Bentley College provides easy access to Land's Sake Farm, Woodland Station, and Boston College Station.

Ellison Park

Average Rent

$2,493/Month

Units Available

29 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 $2,493, while the city’s average stands at $2,713. Ellison Park is near Hemlock Gorge Reservation, Boston College, and Newton Centre Station.

Glen Meadow West

Average Rent

$2,723/Month

Units Available

24 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 $2,723 while the city average is $2,713. Residents enjoy convenient access to Waltham Plaza, Bentley University, and General Edward Lawrence Logan International.

Lakeview

Average Rent

$2,762/Month

Year-Over-Year Rent Change

0.8%

Units Available

43 Rentals

When you’re looking for a great Waltham neighborhood on a budget, check out Lakeview. The average rent is $2,762, compared to the city average of $2,713. Rent prices have increased by 0.8%. Lakeview is convenient to Brandeis University, Alewife, and Waban Station.

South Side

Average Rent

$2,802/Month

Year-Over-Year Rent Change

1.5%

Units Available

61 Rentals

South Side is an affordable neighborhood in Waltham with an average rent price of $2,802. Compare this to the city average of $2,713. In the past year, rent prices have decreased by 1.5%. South Side provides easy access to Woodland Station, Mass Audubon's Habitat Education Center and Wildlife Sanctuary, and Colonial Shopping Center.

North Waltham

Average Rent

$2,841/Month

Year-Over-Year Rent Change

2.6%

Units Available

32 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 $2,841, while the city’s average stands at $2,713. In the last year, prices have increased by 2.6%. North Waltham is near Harvard-Smithsonian Center for Astrophysics, Boston College Station, and Boston College, Brighton.

Angleside

Average Rent

$2,853/Month

Year-Over-Year Rent Change

1.4%

Units Available

22 Rentals

Angleside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Angleside is $2,853 while the city average is $2,713. This is a -1.4% difference from last year. Residents enjoy convenient access to Beaver Brook Reservation, Newton Highlands Station, and Waban Station.

Northgate Gardens

Average Rent

$2,886/Month

Units Available

19 Rentals

When you’re looking for a great Waltham neighborhood on a budget, check out Northgate Gardens. The average rent is $2,886, compared to the city average of $2,713. Northgate Gardens is convenient to Bentley University, Woodland Station, and Wal-Lex Shopping Center.

Highlands Waltham

Average Rent

$2,957/Month

Units Available

26 Rentals

Highlands Waltham is an affordable neighborhood in Waltham with an average rent price of $2,957. Compare this to the city average of $2,713. Highlands Waltham provides easy access to Boston College, Brighton, Bentley University, and Brandeis University.

Pond

Average Rent

$2,957/Month

Units Available

26 Rentals

If you’re looking for a great, affordable neighborhood in Waltham, Pond might be the perfect place! It has an average rent price of $2,957, while the city’s average stands at $2,713. Pond is near Woodland Station, Land's Sake Farm, and Worcester Regional.

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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.