
Cheap Apartments for Rent in the Island Neighborhood of Waltham, MA from $1,000 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island area of Waltham.


10-12-12 Maple St

184 Ash St

70-80 Harvard St

130 Ash St

121 Ash St

The Point at Waltham
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

141 Brown St

60 Orange St

126 Felton St

18 Hall St

ReNew Waltham

88 Charles St

252 River St, Unit 252 River Street

Currents on the Charles

4 Charles Street Ave, Unit #1

15-17-17 Mt Pleasant St

47 Pine St

Private bedroom in 5 bed/2 bath Home

Private bedroom in 5 bed/2.5 bath Home

Private bedroom in 5 bed/2.5 bath Home

1011 Washington St

28 Austin St

29 Kensington St

6 Walnut Terrace

1143 Beacon St

1817 Commonwealth Ave, Unit 17
Island, Waltham, MA Local Guide

How much does it cost to rent an apartment in Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Island Studio Apartments | $2,933 | $1,000 | $7,240 |
Island 1 Bedroom Apartments | $3,195 | $1,750 | $10,000+ |
Island 2 Bedroom Apartments | $3,522 | $2,250 | $10,000+ |
Island 3 Bedroom Apartments | $4,126 | $2,800 | $10,000+ |
Island 4 Bedroom Apartments | $4,376 | $3,300 | $6,500 |
Island 5 Bedroom Apartments | $5,028 | $1,050 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the Island Neighborhood of Waltham, MA.
See all Apartments in WalthamExplore Waltham
Island, Waltham, MA Local Guide
- Nearby Waltham neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Island Apartments for Rent
 The cheapest available apartment rental in the Island area of Boston, MA is a Studio unit found at Adams Street Apartments - No Fee, Short Term priced from $1,150. The Point at Waltham has the second lowest priced unit, which is a Studio apartment currently listed from $1,980. Here are the most affordable Island apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Adams Street Apartments - No Fee, Short Term | Furnished Studio | Studio,1BA | $1,150 |
The Point at Waltham | S1A (Income Restricted) | Studio,1BA | $1,980 |
ReNew Waltham | Apex | 1BR,1BA | $2,230 |
Best Value Apartments for Rent in Island, MA
As of April 15, 2025 the best value apartment in the Island area is the $0.30 price per square foot 49 Francis St Model at 49 Francis St, Unit 1 in the in the North Waltham neighborhood starting from $3,000. The second greatest value Island apartment is the 283 Lowell Ave Model at 283 Lowell Ave, Unit 1 starting at $2,700 with a $0.27 price per square foot in the Thompsonville neighborhood. Here is today’s list of the best values for Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
49 Francis St, Unit 1 | 49 Francis St | 3BR,1BA | $0.30 |
283 Lowell Ave, Unit 1 | 283 Lowell Ave | 2BR,1BA | $0.27 |
17 Ash St | 17 Ash St | 3BR,2BA | $0.45 |
696 Beaver St | 696 Beaver St | 2BR,1BA | $0.28 |
1383 Washington St, Unit #3 | 1383 Washington St | 3BR,1BA | $0.36 |
4 Charles Street Ave, Unit #1 | 4 Charles Street Ave | 1BR,1BA | $0.23 |
1383 Washington St, Unit 3 | 1383 Washington St | 3BR,1BA | $0.36 |
1383 Washington St, Unit 3 | 1383 Washington St | 3BR,1BA | $0.36 |
1383 Washington St, Unit 3 | 1383 Washington St | 3BR,1BA | $0.36 |
1383 Washington St, Unit 3 | 1383 Washington St | 3BR,1BA | $0.36 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleIsland, Waltham, MA
Ranked #15
Among neighborhoods in Waltham, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Island Neighborhood in Waltham, MA
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Island Apartments
What is a cheap apartment in Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Island is under $2,230.
What is the price of a cheap apartment in Island?
The cheapest apartment in Island is ReNew Waltham which is listed at $2,230, while the average apartment in Island costs $7,500.
What types of apartments are the cheapest in Island?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Island?
Cheap apartments in Island have an average cost of $221 which is $7,279 cheaper than the average rent for all rentals in Island.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.