Average Rent in Bank Square, Waltham, MA

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Current Versus Historical Bank Square, Waltham, MA Rents

Bank Square rentals average $2,000 for a studio rental to $3,875 for a 4-bedroom rental. The median price of all currently available listings is $3,100, or roughly $35 per square feet.

For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $29 (1.45%) year-over-year from $1,971 to $2,000. 1-bedroom rentals prices have increased by $557 (24.67%) year-over-year from $2,257 to $2,814. 2-bedroom rentals prices have increased by $503 (17.07%) year-over-year from $2,944 to $3,447. 3-bedroom rentals prices have increased by $151 (4.02%) year-over-year from $3,749 to $3,900. 4-bedroom rentals prices have decreased by $1,092 (-21.98%) year-over-year from $4,967 to $3,875. 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 down by 0.00% this month. 1-bedroom rents have gone up by 13.10% this month. 2-bedroom rents have gone down by 9.08% this month. 3-bedroom rents have gone up by 6.36% this month. 4-bedroom rents have gone down by 23.39% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$48.00	$2,000	$1,971 (1.45%)	$2,012 (-0.58%)
1 BR	$43.08	$2,814	$2,257 (24.67%)	$2,613 (7.71%)
2 BR	$36.92	$3,447	$2,944 (17.07%)	$3,203 (7.62%)
3 BR	$28.85	$3,900	$3,749 (4.02%)	$3,934 (-0.87%)
4+ BR	$32.09	$3,875	$4,967 (-21.98%)	$4,108 (-5.68%)

Historical Rents in Bank Square, Waltham, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Bank Square

There are a total of 11 cities nearby Bank Square. The average rent in Bank Square is currently $3,500 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Woburn, MA, with an average rent of $2,575, is the most affordable city nearby. In contrast, the most expensive city near Bank Square, Waltham, MA is Lexington, MA. Monthly rents here are on average $5,000 per month.

Let's compare Bank Square, Waltham, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Bank Square, Waltham, MA is on par with the other cities nearby. One bedrooms are about 9.81% more expensive. Two bedrooms in Bank Square, Waltham, MA are about 12.96% more expensive. Finally, rent for three bedrooms are about 11.76% more affordable. Want more information? Check out the top 10 cities out of 11 total cities near Bank Square, Waltham, MA in the following table.

City	Studio	1 Bed	2 Bed	All
Waltham, MA	$2,000	$2,300	$2,900	$3,000
Watertown Town, MA	$2,000	$2,398	$3,000	$3,200
Arlington, MA	$2,200	$2,500	$3,000	$3,200
Medford, MA	$1,950	$2,350	$3,000	$3,300
Belmont, MA	N/A	$2,500	$3,000	$3,500
Somerville, MA	$2,275	$2,700	$3,300	$3,540
Brookline, MA	$2,400	$3,000	$3,900	$3,800
Cambridge, MA	$2,500	$3,000	$3,900	$3,800
Newton, MA	$1,975	$2,500	$3,100	$4,150
Lexington, MA	N/A	$2,500	$3,400	$5,000

Top Neighborhoods Near Bank Square

There are a total of 25 neighborhoods in or near Bank Square. Some of these neighborhoods include Commonwealth, St. Elizabeth's, and South Side. We've included all of these top 25 neighborhoods in or near Bank Square, Waltham, MA in the following table.

The average rent for these 25 neighborhoods in or near Bank Square, Waltham, MA is currently around $3,475 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $3,475. Interestingly, the neighborhoods' average rent is higher than Bank Square's average rent, which is only $3,100. Out of all the neighborhoods in or near Bank Square, Commonwealth has the most affordable average rent at $2,898 per month. Whereas, at $4,500 average rent per month, Cambridgeport is the most expensive neighborhood in or near Bank Square. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Commonwealth, Boston, MA	$2,000	$2,300	$2,900	$2,898
St. Elizabeth's, Boston, MA	$2,000	$2,450	$3,100	$3,000
South Side, Waltham, MA	$2,000	$2,665	$3,000	$3,080
East Somerville, Somerville, MA	$2,400	$2,675	$3,150	$3,100
Watertown West End, Watertown Town, MA	N/A	$2,875	$2,800	$3,100
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,450	$2,820	$3,993	$3,195
Brookline Village, Brookline, MA	$2,425	$2,950	$3,500	$3,200
Mid-Cambridge, Cambridge, MA	$2,500	$2,900	$3,575	$3,300
East Watertown, Watertown Town, MA	$2,000	$2,373	$3,050	$3,325
Oak Square, Boston, MA	$2,488	$2,500	$3,000	$3,350
Jamaica Central - South Sumner, Boston, MA	$1,650	$2,850	$3,350	$3,350
Neighborhood Nine, Cambridge, MA	$2,100	$3,120	$3,950	$3,400
Ten Hills, Somerville, MA	$1,750	$2,650	$3,250	$3,475
Newton Corner, Newton, MA	$2,000	$2,600	$3,050	$3,500
Highland Park, Boston, MA	N/A	$2,800	$3,000	$3,600
Washington Park, Boston, MA	N/A	$2,363	$2,900	$3,600
Coolidge Corner, Brookline, MA	$2,400	$2,900	$3,900	$3,600
North Allston, Boston, MA	$2,550	$3,000	$4,000	$3,600
Hyde Square, Boston, MA	N/A	$3,000	$2,948	$3,625
South Medford, Medford, MA	N/A	$2,900	$3,000	$3,675
Mission Hill, Boston, MA	$1,775	$2,600	$3,500	$3,700
Riverside, Cambridge, MA	$2,500	$3,125	$3,900	$3,840
Wellington - Harrington, Cambridge, MA	$2,250	$2,550	$3,325	$3,900
Washington Square, Brookline, MA	$1,995	$3,000	$3,800	$3,950
Cambridgeport, Cambridge, MA	N/A	$2,900	$4,175	$4,500

Top Counties Near Bank Square

There are a total of 12 counties located by Bank Square, Waltham, MA. Some of these counties include Natick, MA, Waltham, MA, and Watertown Town, MA. The average rent for rentals in these counties is $3,400. That's roughly around $33 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Woburn, MA. Its average rent per month is $2,575. Vice versa, with an average rent of $5,000, Lexington, MA is the most expensive county by Bank Square, Waltham, MA.

Typically, rent for studios in Bank Square, Waltham, MA is 0.62% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Bank Square, Waltham, MA is 9.81% more expensive than other counties nearby. Finally, rent for two bedrooms in Bank Square, Waltham, MA is 12.96% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Natick, MA	N/A	$2,100	$2,600	$2,750
Waltham, MA	$2,000	$2,300	$2,900	$3,000
Watertown Town, MA	$2,000	$2,398	$3,000	$3,200
Arlington, MA	$2,200	$2,500	$3,000	$3,200
Belmont, MA	N/A	$2,500	$3,000	$3,500
Somerville, MA	$2,275	$2,700	$3,300	$3,540
Brookline, MA	$2,400	$3,000	$3,900	$3,800
Cambridge, MA	$2,500	$3,000	$3,900	$3,800
Newton, MA	$1,975	$2,500	$3,100	$4,150
Lexington, MA	N/A	$2,500	$3,400	$5,000

Top Zipcodes Near Bank Square

There are a total of 11 zipcodes in or near Bank Square, Waltham, MA. The average rent for all of these zipcodes is $3,200. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 01801, Woburn, MA at $2,575 per month. In comparison, the zipcode with the most expensive average rent of $4,425 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,000. That's at least $65 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Bank Square, Waltham, MA is $2,636 per month. Or in other words, $53 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,550 per month. Which comes out to $45 per sqft. The following table includes the top 10 zipcodes in Bank Square, Waltham, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02453, Waltham, MA	$2,000	$2,636	$3,000	$3,175
02472, Watertown Town, MA	$2,000	$2,398	$3,000	$3,200
02135, Boston, MA	$2,100	$2,450	$2,950	$3,100
02138, Cambridge, MA	$2,500	$2,913	$3,800	$3,600
02140, Cambridge, MA	$1,200	$2,650	$3,600	$3,565
02215, Boston, MA	$2,295	$2,850	$4,000	$3,200
02155, Medford, MA	$1,950	$2,350	$3,000	$3,300
02143, Somerville, MA	$2,388	$2,600	$3,550	$3,700
02115, Boston, MA	$2,548	$2,900	$4,038	$3,200
02120, Boston, MA	$250	$3,195	$3,600	$4,425

Frequently Asked Questions - Bank Square Average Rents

What is the average rent price in Bank Square, Waltham, MA?

The average monthly rental price for Bank Square, Waltham, MA apartments for rent is approximately $3,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Bank Square, 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 Bank Square, Waltham, MA.

How much is a studio apartment in Bank Square, Waltham, MA?

The average monthly rental price for studio apartments is $2,000 and an average price per square feet of $48.00. There are a total of 6 studio apartment listings currently available for rent in Bank Square.

How much is a one bedroom apartment in Bank Square, Waltham, MA?

The average monthly rental price for one bedroom apartments is $2,772 and an average price per square feet of $43.08. There are a total of 11 one bedroom apartment listings currently available for rent in Bank Square.

How much is a two bedroom apartment in Bank Square, Waltham, MA?

The average monthly rental price for two bedroom apartments is $3,447 and an average price per square feet of $36.92. There are a total of 12 two bedroom apartment listings currently available for rent in Bank Square.

How have rent prices in Bank Square, Waltham, MA changed this year?

Rent prices for rentals in Bank Square, Waltham, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.25%, two bedroom rental prices have changed by 0.17%, three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in Bank Square, Waltham, MA?

A reasonable rent price in Bank Square, Waltham, MA is around $2,480/month. You can search for these reasonably priced rental listings on RentHop.