Average Rent in Bank Square, Waltham, MA

Home  »  MA  »  Waltham  »  Bank Square

Current Versus Historical Bank Square, Waltham, MA Rents

Bank Square rentals average $2,000 for a studio rental to $4,195 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $36 per square feet.
For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $57 (2.94%) year-over-year from $1,943 to $2,000. 1-bedroom rentals prices have increased by $44 (1.94%) year-over-year from $2,256 to $2,300. 2-bedroom rentals prices have increased by $649 (21.66%) year-over-year from $2,994 to $3,643. 3-bedroom rentals prices have decreased by $666 (-16.38%) year-over-year from $4,066 to $3,400. 4-bedroom rentals prices have decreased by $1,180 (-22.16%) year-over-year from $5,325 to $4,145. 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 0.28% this month. 2-bedroom rents have gone up by 7.50% this month. 3-bedroom rents have gone down by 4.23% this month. 4-bedroom rents have gone down by 27.47% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $48.00 $2,000 $1,943 (2.94%) $2,610 (-23.37%)
1 BR $41.14 $2,300 $2,256 (1.94%) $2,295 (0.22%)
2 BR $38.97 $3,643 $2,994 (21.66%) $2,943 (23.75%)
3 BR $28.40 $3,400 $4,066 (-16.38%) $3,593 (-5.36%)
4+ BR $33.43 $4,145 $5,325 (-22.16%) $4,192 (-1.11%)

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 10 cities nearby Bank Square. The average rent in Bank Square is currently $3,456 per month. Only one city nearby has an average rent lower than that. Our records show that Woburn, MA, with an average rent of $2,500, is the most affordable city nearby. In contrast, the most expensive city near Bank Square, Waltham, MA is Belmont, MA. Monthly rents here are on average $4,000 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 0.62% more expensive than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Bank Square, Waltham, MA are about 14.64% more expensive. Finally, rent for three bedrooms are about 16.25% more affordable. Want more information? Check out the top 10 cities near Bank Square, Waltham, MA in the following table.
City Studio 1 Bed 2 Bed All
Woburn, MA $1,825 $2,100 $2,525 $2,500
Waltham, MA $2,000 $2,300 $3,100 $3,100
Watertown Town, MA $2,840 $2,400 $3,000 $3,200
Arlington, MA $1,975 $2,400 $2,800 $3,250
Medford, MA $1,950 $2,400 $3,000 $3,300
Somerville, MA $2,200 $2,850 $3,300 $3,613
Cambridge, MA $2,550 $3,100 $3,999 $3,800
Brookline, MA $2,463 $3,000 $3,800 $3,875
Newton, MA $1,675 $2,550 $3,200 $3,995
Belmont, MA N/A $2,275 $3,000 $4,000

Top Neighborhoods Near Bank Square

There are a total of 22 neighborhoods in or near Bank Square. Some of these neighborhoods include South Side, Commonwealth, and Watertown West End. We've included all of these top 22 neighborhoods in or near Bank Square, Waltham, MA in the following table.

The average rent for these 22 neighborhoods in or near Bank Square, Waltham, MA is currently around $3,548 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $3,548. Interestingly, the neighborhoods' average rent is higher than Bank Square's average rent, which is only $3,000. Out of all the neighborhoods in or near Bank Square, South Side has the most affordable average rent at $2,965 per month. Whereas, at $4,325 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
South Side, Waltham, MA $1,825 $2,400 $3,200 $2,965
Commonwealth, Boston, MA $2,050 $2,450 $2,950 $3,000
Watertown West End, Watertown Town, MA N/A $2,400 $2,800 $3,200
St. Elizabeth's, Boston, MA $2,100 $2,550 $3,550 $3,275
East Watertown, Watertown Town, MA $2,000 $2,450 $3,100 $3,300
East Somerville, Somerville, MA $2,350 $2,750 $3,225 $3,300
Jamaica Central - South Sumner, Boston, MA N/A $2,925 $3,335 $3,300
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA $2,500 $2,900 $3,850 $3,300
Brookline Village, Brookline, MA $2,500 $3,000 $3,750 $3,400
South Medford, Medford, MA $1,950 $2,400 $2,975 $3,400
Mid-Cambridge, Cambridge, MA $2,500 $3,025 $3,680 $3,495
Oak Square, Boston, MA N/A $2,450 $3,175 $3,600
Neighborhood Nine, Cambridge, MA $2,450 $3,149 $4,225 $3,600
Washington Park, Boston, MA N/A $2,025 $3,050 $3,650
Coolidge Corner, Brookline, MA $2,450 $3,000 $3,950 $3,750
Mission Hill, Boston, MA $2,300 $3,192 $3,300 $3,775
North Allston, Boston, MA $2,700 $3,188 $3,800 $3,775
Wellington - Harrington, Cambridge, MA $2,050 $2,550 $3,325 $3,900
Hyde Square, Boston, MA $2,498 $2,450 $3,250 $3,925
Washington Square, Brookline, MA $2,200 $2,900 $3,775 $3,985
Highland Park, Boston, MA N/A $2,800 $3,225 $4,100
Cambridgeport, Cambridge, MA $2,525 $3,075 $4,000 $4,325

Top Counties Near Bank Square

There are a total of 10 counties located by Bank Square, Waltham, MA. Some of these counties include Woburn, MA, Waltham, MA, and Watertown Town, MA. The average rent for rentals in these counties is $3,456. That's roughly around $34 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Woburn, MA. Its average rent per month is $2,500. Vice versa, with an average rent of $4,000, Belmont, 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 on par with the other counties nearby. Finally, rent for two bedrooms in Bank Square, Waltham, MA is 14.64% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Woburn, MA $1,825 $2,100 $2,525 $2,500
Waltham, MA $2,000 $2,300 $3,100 $3,100
Watertown Town, MA $2,840 $2,400 $3,000 $3,200
Arlington, MA $1,975 $2,400 $2,800 $3,250
Medford, MA $1,950 $2,400 $3,000 $3,300
Somerville, MA $2,200 $2,850 $3,300 $3,613
Cambridge, MA $2,550 $3,100 $3,999 $3,800
Brookline, MA $2,463 $3,000 $3,800 $3,875
Newton, MA $1,675 $2,550 $3,200 $3,995
Belmont, MA N/A $2,275 $3,000 $4,000

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 $3,300. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 01801, Woburn, MA at $2,500 per month. In comparison, the zipcode with the most expensive average rent of $4,000 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,300. 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 $2,850 per month. Or in other words, $52 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,400 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 $1,825 $2,400 $3,175 $3,100
02472, Watertown Town, MA $2,840 $2,400 $3,000 $3,200
02135, Boston, MA $2,100 $2,550 $3,125 $3,300
02138, Cambridge, MA $2,825 $3,000 $4,125 $3,600
02140, Cambridge, MA $2,350 $2,850 $3,650 $3,425
02215, Boston, MA $2,300 $2,950 $3,750 $3,395
02155, Medford, MA $1,950 $2,400 $3,000 $3,300
02143, Somerville, MA $2,600 $2,900 $3,400 $3,650
02115, Boston, MA $2,573 $3,000 $4,125 $3,250
02120, Boston, MA $2,300 $3,195 $3,573 $4,000

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 $3,000. 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 1 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 $2,400 and an average price per square feet of $41.14. There are a total of 19 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 $3,573 and an average price per square feet of $38.97. There are a total of 13 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 0.03%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.22%, three bedroom rental prices have changed by -0.16% 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 $2,400/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast