
Cheap Apartments for Rent in the Island Neighborhood of Waltham, MA from $1,000 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island area of Waltham.


Adams Street Apartments - No Fee, Short Term

10-12-12 Maple St

659 South St, Unit Bedroom D

70-80 Harvard St

141 Brown St

88-98-98 Charles St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

18 Hall St

ReNew Waltham

18 Bacon St

95 Adams St

252 River St, Unit 252 River Street

19 Norumbega Ter, Unit 19-01

19 Norumbega Terrace
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

76 Brown St

141 Brown St

95 Adams St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Private bedroom in 5 bed/2.5 bath Home

Private bedroom in 5 bed/2.5 bath Home

Private bedroom in 5 bed/2.5 bath Home

1143 Beacon St
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
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 | $2,580 | $1,150 | $5,234 |
Island 1 Bedroom Apartments | $3,406 | $1,120 | $10,000+ |
Island 2 Bedroom Apartments | $3,557 | $2,250 | $10,000+ |
Island 3 Bedroom Apartments | $3,926 | $2,975 | $10,000+ |
Island 4 Bedroom Apartments | $4,085 | $3,200 | $5,400 |
Island 5 Bedroom Apartments | $4,830 | $1,050 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 34 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
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- 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 1 Bed apartment currently listed from $2,342. 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 | A1D (Income Restricted) | 1BR,1BA | $2,342 |
Newton Gardens | One Bedroom | 1BR,1BA | $2,399 |
Charlesbank Estates | 1BR/1BA | 1BR,1BA | $2,400 |
Best Value Apartments for Rent in Island, MA
As of May 12, 2025 the best value apartment in the Island area is the $0.27 price per square foot 283 Lowell Ave Model at 283 Lowell Ave, Unit 1 in the in the Thompsonville neighborhood starting from $2,700. The second greatest value Island apartment is the 1383 Washington St Model at 1383 Washington St, Unit #3 starting at $3,600 with a $0.36 price per square foot in the Wellesley Hills 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. |
---|---|---|---|
283 Lowell Ave, Unit 1 | 283 Lowell Ave | 2BR,1BA | $0.27 |
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 |
27 Gammons Rd | 27 Gammons Rd | 5BR,4.5BA | $2.00 |
137 Virginia Rd | 137 Virginia Rd | 4BR,2BA | $1.49 |
22 Elm St, Unit 22 | 22 Elm St | 2BR,1BA | $1.18 |
444 Lowell Ave, Unit 2 | 444 Lowell Ave | 5BR,2BA | $2.00 |
934 Watertown St, Unit #2 | 934 Watertown St | 2BR,1BA | $1.70 |
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 $2,400.
What is the price of a cheap apartment in Island?
The cheapest apartment in Island is The Point at Waltham which is listed at $2,342, 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 6 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 $325 which is $7,175 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.