Cheap Apartments for Rent in the Waterfront Neighborhood of Boston, MA from $700 (80 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterfront area of Boston.

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102 W 3rd St, Unit 2
$1,100
Total Monthly Price10 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
3 Bedroom Apartment Available Now

102 W 3rd St, Unit 2

102 W 3rd StBoston, MA 02127
Furnished
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211 Princeton St, Unit 1
$1,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500
1 Bedroom Apartment Available Now

211 Princeton St, Unit 1

211 Princeton StBoston, MA 02128
Furnished
  • Smoke Free
property at 712 Shawmut Ave

$1,500 - $5,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 To 3 Bedroom Rentals

Available Now

712 Shawmut Ave

BostonMA02119

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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140 Bennington St, Unit 2
$1,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650
Studio Apartment Available Jan 1, 2026

140 Bennington St, Unit 2

140 Bennington StBoston, MA 02128
Affordability
  • Smoke Free
property at 14 Monument Sq

$1,675 - $2,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

Studio To 1 Bedroom Rentals

Available Now

14 Monument Sq

BostonMA02129
property at 303 Princeton St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

303 Princeton St

BostonMA02128
property at 185 Marion St

$1,850 - $2,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 To 2 Bedroom Rentals

Available Now

185 Marion St

BostonMA02128

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 6 Monmouth St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

6 Monmouth St

BostonMA02128
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28 Chelsea St
$1,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950
1 Bedroom Apartment Available Now

28 Chelsea St

28 Chelsea StBoston, MA 02128
Affordability
property at 120 Charles St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

Studio, 1 Bath Home for Rent

Available Now

120 Charles St

BostonMA02122

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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117 Beacon St, Unit 405-2
$1,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995
Studio Apartment Available Now

117 Beacon St, Unit 405-2

117 Beacon StBoston, MA 02116
Cost Per Sq.Ft.
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12 Boston St, Unit 3
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
2 Bedroom Apartment Available Now

12 Boston St, Unit 3

12 Boston StBoston, MA 02127
Affordability

Explore Like a Local: The Insider's Guide to Boston

Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.

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12 Boston St, Unit 3
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
2 Bedroom Apartment Available Now

12 Boston St, Unit 3

12 Boston StBoston, MA 02127
Affordability
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12 Boston St, Unit 3
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
2 Bedroom Apartment Available Now

12 Boston St, Unit 3

12 Boston StBoston, MA 02127
Affordability
property at 237 Lexington St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

237 Lexington St

BostonMA02128

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Waterfront, Boston, MA Local Guide

Cheapest Available Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Waterfront area of Boston, MA is a 1 Bed unit found at 14 Horace St priced from $1,100. 7INK has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,411. Here are the most affordable Waterfront apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
14 Horace St31BR,1BA$1,100
7INKHarrington3BR,2BA$1,411
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
35 @ EightSixtyStudio - Income-BasedStudio,1BA$1,713

Best Value Apartments for Rent in Waterfront, MA

As of December 23, 2025 the best value apartment in the Waterfront area is the $0.20 price per square foot 18 Parmenter St Model at 18 Parmenter St, Unit 1 in the in the Financial District neighborhood starting from $2,000. The second greatest value Waterfront apartment is the 54 S Russell St Model at 54 S Russell St, Unit 6 starting at $2,100 with a $0.21 price per square foot in the Financial District neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
18 Parmenter St, Unit 118 Parmenter St1BR,1BA$0.20
54 S Russell St, Unit 654 S Russell StStudio ,1BA$0.21
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.21
8 Curtis St, Unit 68 Curtis St1BR,1BA$0.20
720 Bennington St, Unit 207720 Bennington StStudio ,1BA$0.19
117 Beacon St, Unit 405-2117 Beacon StStudio ,1BA$0.20
81 Saint Botolph St, Unit 181 Saint Botolph StStudio ,1BA$0.21
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.21
36 S Russell St, Unit 336 S Russell StStudio ,1BA$0.21
50 S Russell St, Unit 350 S Russell StStudio ,1BA$0.21

Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

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Pet Friendly Lifestyle
Waterfront, Boston, MA

Ranked #97

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Boston. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Waterfront Apartments

What is the Cheapest Studio apartment in Waterfront?

Currently the most affordable Cheap Studio Apartment in Waterfront is at 35 @ EightSixty listed at $1,713.

How much is rent for a Cheap One Bedroom Waterfront Apartment?

The lowest price for a Cheap One Bedroom Waterfront Apartment is $1,100 at 14 Horace St.

What is the most affordable Waterfront Three Bedroom Apartment?

The best deal on a cheap Waterfront Three Bedroom Apartment rental is at 7INK and starts from $1,411.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

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A Local Experts Guide to the Top Boston Neighborhoods for College Renters

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

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Explore Like a Local: The Insider's Guide to Boston

Written by: Amelia Ramstead

Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.