Average Rent in 02453, Waltham, MA

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Current Versus Historical 02453, Waltham, MA Rents

02453 rentals average $2,703 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $3,720, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $601 (40.62%) year-over-year from $1,479 to $2,080. 1-bedroom rentals prices have increased by $118 (5.55%) year-over-year from $2,132 to $2,250. 2-bedroom rentals prices have increased by $150 (5.31%) year-over-year from $2,825 to $2,975. 3-bedroom rentals prices have increased by $542 (17.71%) year-over-year from $3,058 to $3,600. 4-bedroom rentals prices have decreased by $175 (-4.09%) year-over-year from $4,275 to $4,100. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 26.57% this month. 1-bedroom rents have gone down by 0.74% this month. 2-bedroom rents have gone up by 2.88% this month. 3-bedroom rents have gone up by 13.30% this month. 4-bedroom rents have gone up by 5.13% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $3.36 $2,250 $2,132 (5.55%) $1,897 (18.59%)
2 BR $3.14 $2,975 $2,825 (5.31%) $2,280 (30.51%)

Historical Rents in 02453, Waltham, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 02453

There are a total of 2 cities nearby 02453. The average rent in 02453 is currently $3,417 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Brookline, MA, with an average rent of $3,400, is the most affordable city nearby. In contrast, the most expensive city near 02453, Waltham, MA is Cambridge, MA. Monthly rents here are on average $3,434 per month.

Let's compare 02453, Waltham, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 02453, Waltham, MA is inf% more affordable than other cities nearby. One bedrooms are about 15.21% more affordable. Two bedrooms in 02453, Waltham, MA are about 6.09% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 2 cities near 02453, Waltham, MA in the following chart.
City Studio 1 Bed 2 Bed All
Brookline, MA $1,985 $3,150 $3,300 $3,400
Cambridge, MA $2,825 $3,077 $3,781 $3,434

Top Neighborhoods Near 02453

There are a total of 1 neighborhoods in or near 02453. We've included all of these top 1 neighborhoods in or near 02453, Waltham, MA in the following chart.

The average rent for these 1 neighborhoods in or near 02453, Waltham, MA is currently around $3,085 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near 02453, North Cambridge has the most affordable average rent at $3,085 per month. Whereas, at $3,085 average rent per month, North Cambridge is the most expensive neighborhood in or near 02453. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Cambridge, Cambridge, MA $2,814 $2,949 $3,547 $3,085

Top Counties Near 02453

There are a total of 1 counties located by 02453, Waltham, MA. The average rent for rentals in these counties is $3,417. That's roughly around $4 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Brookline, MA. It's average rent per month is $3,400. Vice versa, with an average rent of $3,434, Cambridge, MA is the most expensive county by 02453, Waltham, MA.

Typically, rent for studios in 02453, Waltham, MA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 02453, Waltham, MA is 15.21% more affordable than other counties nearby. Finally, rent for two bedrooms in 02453, Waltham, MA is 6.09% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Brookline, MA $1,985 $3,150 $3,300 $3,400
Cambridge, MA $2,825 $3,077 $3,781 $3,434

Top Zipcodes Near 02453

There are a total of 5 zipcodes in or near 02453, Waltham, MA. The average rent for all of these zipcodes is $3,300. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02138, Cambridge, MA at $2,890 per month. In comparison, the zipcode with the most expensive average rent of $4,022 per month is 02215, Boston, MA.

Studios in these zipcodes have an average rent of $2,573. That's at least $5 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 02453, Waltham, MA is $2,949 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,547 per month. Which comes out to $4 per sqft. The following chart includes the top 5 zipcodes in 02453, Waltham, MA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
02215, Boston, MA $2,363 $4,092 $4,708 $4,022
02135, Boston, MA $2,573 $3,104 $3,150 $3,300
02138, Cambridge, MA $2,515 $2,726 $3,571 $2,890
02140, Cambridge, MA $2,632 $2,949 $3,547 $3,085
02134, Boston, MA $3,199 $2,810 $3,200 $3,425

Frequently Asked Questions - 02453 Average Rents

What is the average rent price in 02453, Waltham, MA?
The average monthly rental price for 02453, Waltham, MA apartments for rent is approximately $3,720. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 02453, Waltham, MA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 02453, Waltham, MA.
How much is a studio apartment in 02453, Waltham, MA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 02453.
How much is a one bedroom apartment in 02453, Waltham, MA?
The average monthly rental price for one bedroom apartments is $2,703 and an average price per square feet of $3.36. There are a total of 6 one bedroom apartment listings currently available for rent in 02453.
How much is a two bedroom apartment in 02453, Waltham, MA?
The average monthly rental price for two bedroom apartments is $3,770 and an average price per square feet of $3.14. There are a total of 16 two bedroom apartment listings currently available for rent in 02453.
How have rent prices in 02453, Waltham, MA changed this year?
Rent prices for rentals in 02453, Waltham, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.41%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.18% year-over-year.
What is a reasonable rent price in 02453, Waltham, MA?
A reasonable rent price in 02453, Waltham, MA is around $2,976/month. You can search for these reasonably priced rental listings on RentHop.
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