Average Rent in Waltham, MA

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Current Versus Historical Waltham, MA Rents

Waltham rentals average $2,000 for a studio rental to $5,050 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $35 per square feet.

For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have increased by $525 (35.59%) year-over-year from $1,475 to $2,000. 1-bedroom rentals prices have increased by $146 (6.62%) year-over-year from $2,204 to $2,350. 2-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,800 to $2,800. 3-bedroom rentals prices have decreased by $117 (-3.14%) year-over-year from $3,717 to $3,600. 4-bedroom rentals prices have increased by $225 (4.50%) year-over-year from $5,000 to $5,225. 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 9.09% this month. 1-bedroom rents have gone up by 0.79% this month. 2-bedroom rents have gone down by 6.15% this month. 3-bedroom rents have gone down by 2.17% this month. 4-bedroom rents have gone up by 0.80% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$48.00	$2,000	$1,475 (35.59%)	$1,825 (9.59%)
1 BR	$41.31	$2,350	$2,204 (6.62%)	$2,224 (5.66%)
2 BR	$35.75	$2,800	$2,800 (0.00%)	$3,005 (-6.82%)
3 BR	$26.89	$3,600	$3,717 (-3.14%)	$3,513 (2.49%)
4+ BR	$25.63	$5,225	$5,000 (4.50%)	$3,683 (41.86%)

Historical Rents in Waltham, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Waltham

There are a total of 10 cities nearby Waltham. The average rent in Waltham is currently $3,700 per month. Only one city nearby has an average rent lower than that. Our records show that Woburn, MA, with an average rent of $2,650, is the most affordable city nearby. In contrast, the most expensive city near Waltham, MA is Lexington, MA. Monthly rents here are on average $5,325 per month.

Let's compare Waltham, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Waltham, MA is 1.25% more expensive than other cities nearby. One bedrooms are about 8.70% more affordable. Two bedrooms in Waltham, MA are about 7.22% more affordable. Finally, rent for three bedrooms are about 15.28% more affordable. Want more information? Check out the top 10 cities near Waltham, MA in the following table.

City	Studio	1 Bed	2 Bed	All
Woburn, MA	$1,825	$2,025	$2,625	$2,650
Watertown Town, MA	$2,000	$2,400	$3,000	$3,200
Arlington, MA	$2,175	$2,500	$2,900	$3,200
Medford, MA	$1,950	$2,450	$3,100	$3,300
Somerville, MA	$2,350	$2,725	$3,300	$3,600
Belmont, MA	N/A	$2,500	$3,000	$3,800
Brookline, MA	$2,413	$3,000	$3,950	$3,800
Cambridge, MA	$2,500	$3,000	$3,900	$3,895
Newton, MA	$1,888	$2,500	$3,173	$4,275
Lexington, MA	N/A	$2,700	$3,450	$5,325

Top Neighborhoods Near Waltham

There are a total of 27 neighborhoods in or near Waltham. Some of these neighborhoods include St. Elizabeth's, South Side, and Commonwealth. We've included all of these top 27 neighborhoods in or near Waltham, MA in the following table.

The average rent for these 27 neighborhoods in or near Waltham, MA is currently around $3,500 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only twenty-four neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is higher than Waltham's average rent, which is only $3,000. Out of all the neighborhoods in or near Waltham, St. Elizabeth's has the most affordable average rent at $2,950 per month. Whereas, at $4,350 average rent per month, Cambridgeport is the most expensive neighborhood in or near Waltham. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
St. Elizabeth's, Boston, MA	$2,050	$2,495	$3,150	$2,950
South Side, Waltham, MA	$2,000	$2,350	$3,000	$2,950
Commonwealth, Boston, MA	$2,050	$2,350	$2,965	$3,000
Watertown West End, Watertown Town, MA	N/A	$2,875	$2,500	$3,100
Lower Roxbury, Boston, MA	$2,300	$2,700	$3,650	$3,200
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,450	$2,875	$3,950	$3,200
East Somerville, Somerville, MA	$2,400	$2,650	$3,200	$3,225
Mid-Cambridge, Cambridge, MA	$2,500	$2,825	$3,625	$3,225
Jamaica Central - South Sumner, Boston, MA	$1,650	$2,895	$3,400	$3,300
East Watertown, Watertown Town, MA	$2,000	$2,395	$3,150	$3,325
Brookline Village, Brookline, MA	$2,425	$3,000	$3,600	$3,333
Back Bay, Boston, MA	$2,500	$3,300	$4,625	$3,350
Oak Square, Boston, MA	$2,488	$2,400	$2,975	$3,450
Sav-Mor, Boston, MA	N/A	$2,250	$2,650	$3,500
South Medford, Medford, MA	N/A	$2,900	$3,000	$3,575
North Allston, Boston, MA	$2,550	$3,095	$4,150	$3,600
Neighborhood Nine, Cambridge, MA	$1,325	$3,200	$3,963	$3,600
Hyde Square, Boston, MA	N/A	$2,300	$2,900	$3,625
Ward Two, Somerville, MA	$1,995	$2,600	$3,550	$3,638
Coolidge Corner, Brookline, MA	$2,500	$2,955	$4,000	$3,700
Highland Park, Boston, MA	N/A	$2,800	$3,175	$3,795
Washington Park, Boston, MA	N/A	N/A	$2,900	$3,898
Riverside, Cambridge, MA	$2,000	$3,200	$3,950	$3,900
Wellington - Harrington, Cambridge, MA	N/A	$2,550	$3,350	$3,900
Mission Hill, Boston, MA	$1,785	$2,650	$3,350	$3,925
Washington Square, Brookline, MA	$2,125	$3,000	$3,775	$4,000
Cambridgeport, Cambridge, MA	$2,450	$3,000	$4,000	$4,350

Top Counties Near Waltham

There are a total of 12 counties located by Waltham, MA. Some of these counties include Waltham, MA, Watertown Town, MA, and Arlington, MA. The average rent for rentals in these counties is $3,450. 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 $2,650. Vice versa, with an average rent of $5,325, Lexington, MA is the most expensive county by Waltham, MA.

Typically, rent for studios in Waltham, MA is 1.25% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Waltham, MA is 8.70% more affordable than other counties nearby. Finally, rent for two bedrooms in Waltham, MA is 4.27% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Waltham, MA	$2,000	$2,300	$2,925	$3,000
Watertown Town, MA	$2,000	$2,400	$3,000	$3,200
Arlington, MA	$2,175	$2,500	$2,900	$3,200
Medford, MA	$1,950	$2,450	$3,100	$3,300
Somerville, MA	$2,350	$2,725	$3,300	$3,600
Belmont, MA	N/A	$2,500	$3,000	$3,800
Brookline, MA	$2,413	$3,000	$3,950	$3,800
Cambridge, MA	$2,500	$3,000	$3,900	$3,895
Newton, MA	$1,888	$2,500	$3,173	$4,275
Lexington, MA	N/A	$2,700	$3,450	$5,325

Top Zipcodes Near Waltham

There are a total of 11 zipcodes in or near Waltham, MA. The average rent for all of these zipcodes is $3,250. 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 $2,650 per month. In comparison, the zipcode with the most expensive average rent of $4,450 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,100. That's at least $66 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Waltham, MA is $2,600 per month. Or in other words, $52 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $44 per sqft. The following table includes the top 10 zipcodes in Waltham, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02135, Boston, MA	$2,100	$2,450	$3,000	$3,125
02453, Waltham, MA	$2,000	$2,300	$3,000	$3,100
02215, Boston, MA	$2,300	$2,908	$4,000	$3,200
02155, Medford, MA	$1,950	$2,450	$3,100	$3,300
02472, Watertown Town, MA	$2,000	$2,400	$3,000	$3,200
02138, Cambridge, MA	$2,500	$2,900	$3,900	$3,700
02115, Boston, MA	$2,598	$2,980	$4,000	$3,250
02143, Somerville, MA	$2,388	$2,825	$3,500	$3,700
02140, Cambridge, MA	$2,150	$2,600	$3,600	$3,600
02120, Boston, MA	$1,275	$3,135	$3,600	$4,450

Frequently Asked Questions - Waltham Average Rents

What is the average rent price in Waltham, MA?

The average monthly rental price for 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 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 Waltham, MA.

How much is a studio apartment in 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 Waltham.

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

The average monthly rental price for one bedroom apartments is $2,300 and an average price per square feet of $41.31. There are a total of 51 one bedroom apartment listings currently available for rent in Waltham.

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

The average monthly rental price for two bedroom apartments is $2,925 and an average price per square feet of $35.75. There are a total of 70 two bedroom apartment listings currently available for rent in Waltham.

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

Rent prices for rentals in Waltham, MA can fluctuate yearly. Specifically, studio rental prices have changed by 0.36%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by -0.03% year-over-year.

What is a reasonable rent price in Waltham, MA?

A reasonable rent price in Waltham, MA is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.