Average Rent in Waltham, MA

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Current Versus Historical Waltham, MA Rents

Waltham rentals average $1,975 for a studio rental to $4,450 for a 4-bedroom rental. The median price of all currently available listings is $2,820, or roughly $34 per square feet.

For the apartment units and housing in August 2026, median rents have risen over the last year. Studio rentals prices have increased by $408 (26.06%) year-over-year from $1,567 to $1,975. 1-bedroom rentals prices have increased by $142 (6.64%) year-over-year from $2,133 to $2,275. 2-bedroom rentals prices have decreased by $16 (-0.57%) year-over-year from $2,766 to $2,750. 3-bedroom rentals prices have increased by $167 (4.72%) year-over-year from $3,533 to $3,700. 4-bedroom rentals prices have decreased by $167 (-3.61%) year-over-year from $4,617 to $4,450. 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 1.72% this month. 1-bedroom rents have gone up by 0.44% this month. 2-bedroom rents have gone down by 4.07% this month. 3-bedroom rents have gone up by 0.54% this month. 4-bedroom rents have gone down by 11.88% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$48.00	$1,975	$1,567 (26.06%)	$1,725 (14.49%)
1 BR	$40.00	$2,275	$2,133 (6.64%)	$2,379 (-4.37%)
2 BR	$35.38	$2,750	$2,766 (-0.57%)	$3,105 (-11.43%)
3 BR	$25.05	$3,700	$3,533 (4.72%)	$3,600 (2.78%)
4+ BR	$25.39	$4,450	$4,617 (-3.61%)	$4,117 (8.10%)

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 $3,324 per month. Only one city nearby has an average rent lower than that. Our records show that Woburn, MA, with an average rent of $2,450, is the most affordable city nearby. In contrast, the most expensive city near Waltham, MA is Lexington, MA. Monthly rents here are on average $4,825 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 0.32% more expensive than other cities nearby. One bedrooms are about 13.13% more affordable. Two bedrooms in Waltham, MA are about 6.36% more affordable. Finally, rent for three bedrooms are about 4.11% 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	N/A	$2,000	$2,500	$2,450
Watertown Town, MA	$2,940	$2,563	$2,900	$3,000
Belmont, MA	N/A	$2,700	$2,800	$3,100
Medford, MA	$1,963	$2,200	$2,900	$3,150
Arlington, MA	$1,950	$2,300	$2,900	$3,248
Somerville, MA	$2,050	$2,600	$3,200	$3,400
Cambridge, MA	$2,500	$2,950	$3,625	$3,550
Brookline, MA	$2,300	$2,750	$3,800	$3,675
Newton, MA	$1,975	$2,500	$2,950	$3,850
Lexington, MA	N/A	$2,450	$3,350	$4,825

Top Neighborhoods Near Waltham

There are a total of 23 neighborhoods in or near Waltham. Some of these neighborhoods include South Side, Commonwealth, and St. Elizabeth's. We've included all of these top 23 neighborhoods in or near Waltham, MA in the following table.

The average rent for these 23 neighborhoods in or near Waltham, MA is currently around $3,200 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-one neighborhoods have a higher average rent than $3,200. Interestingly, the neighborhoods' average rent is higher than Waltham's average rent, which is only $2,820. Out of all the neighborhoods in or near Waltham, South Side has the most affordable average rent at $2,745 per month. Whereas, at $4,000 average rent per month, Brookline Village is the most expensive neighborhood in or near Waltham. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
South Side, Waltham, MA	$1,800	$2,100	$2,850	$2,745
Commonwealth, Boston, MA	$2,000	$2,295	$2,775	$2,750
St. Elizabeth's, Boston, MA	$1,988	$2,400	$2,975	$2,895
Fenway - Kenmore - Audubon Circle - Longwood, Boston, MA	$2,300	$2,795	$3,940	$2,999
Glenwood, Medford, MA	$2,088	$2,500	$2,900	$3,000
Watertown West End, Watertown Town, MA	N/A	$2,800	$2,825	$3,000
East Watertown, Watertown Town, MA	N/A	$2,395	$3,000	$3,000
Oak Square, Boston, MA	$2,200	$2,400	$2,800	$3,150
Newton Corner, Newton, MA	$2,973	$2,600	$3,000	$3,183
East Somerville, Somerville, MA	$2,450	$2,500	$3,225	$3,200
Jamaica Central - South Sumner, Boston, MA	$1,650	$2,875	$3,200	$3,200
Ten Hills, Somerville, MA	$1,850	$2,600	$3,100	$3,200
Neighborhood Nine, Cambridge, MA	$2,500	$2,800	$3,650	$3,300
Mid-Cambridge, Cambridge, MA	$2,225	$2,900	$3,500	$3,300
Mission Hill, Boston, MA	$1,738	$2,800	$2,900	$3,375
North Allston, Boston, MA	N/A	$2,850	$3,200	$3,398
Back Bay, Boston, MA	$2,495	$3,400	$4,800	$3,400
Coolidge Corner, Brookline, MA	$2,298	$2,750	$3,722	$3,438
South Medford, Medford, MA	N/A	$2,100	$3,000	$3,463
Hyde Square, Boston, MA	$2,800	$2,900	$2,900	$3,500
Ward Two, Somerville, MA	N/A	$2,600	$3,475	$3,500
Washington Square, Brookline, MA	$1,998	$2,475	$3,650	$3,675
Brookline Village, Brookline, MA	$2,475	$2,600	$4,000	$4,000

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 Belmont, MA. The average rent for rentals in these counties is $3,199. That's roughly around $32 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Woburn, MA. Its average rent per month is $2,450. Vice versa, with an average rent of $4,825, Lexington, MA is the most expensive county by Waltham, MA.

Typically, rent for studios in Waltham, MA is on par with the other counties nearby. In comparison, rent for one bedroom listings in Waltham, MA is 10.61% more affordable than other counties nearby. Finally, rent for two bedrooms in Waltham, MA is 5.45% 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	$1,975	$2,238	$2,750	$2,820
Watertown Town, MA	$2,940	$2,563	$2,900	$3,000
Belmont, MA	N/A	$2,700	$2,800	$3,100
Medford, MA	$1,963	$2,200	$2,900	$3,150
Arlington, MA	$1,950	$2,300	$2,900	$3,248
Somerville, MA	$2,050	$2,600	$3,200	$3,400
Cambridge, MA	$2,500	$2,950	$3,625	$3,550
Brookline, MA	$2,300	$2,750	$3,800	$3,675
Newton, MA	$1,975	$2,500	$2,950	$3,850
Lexington, MA	N/A	$2,450	$3,350	$4,825

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 $3,150. 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 $2,450 per month. In comparison, the zipcode with the most expensive average rent of $3,950 per month is 02120, Boston, MA.

Studios in these zipcodes have an average rent of $2,100. That's at least $62 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Waltham, MA is $2,700 per month. Or in other words, $49 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,100 per month. Which comes out to $42 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	$2,000	$2,400	$2,850	$2,950
02453, Waltham, MA	$1,800	$2,200	$2,900	$2,833
02215, Boston, MA	$2,300	$2,842	$3,995	$3,100
02155, Medford, MA	$1,963	$2,200	$2,900	$3,150
02472, Watertown Town, MA	$2,940	$2,563	$2,900	$3,000
02138, Cambridge, MA	$2,500	$2,800	$3,550	$3,400
02115, Boston, MA	$2,300	$2,998	$3,950	$3,250
02143, Somerville, MA	$2,300	$2,750	$3,400	$3,400
02140, Cambridge, MA	$2,100	$2,700	$3,525	$3,500
02120, Boston, MA	$250	$3,000	$3,100	$3,950

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 $2,820. 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 $1,975 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 $2,238 and an average price per square feet of $40.00. There are a total of 48 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 $2,750 and an average price per square feet of $35.38. There are a total of 77 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 0.26%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by -0.01%, three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Waltham, MA?

A reasonable rent price in Waltham, MA is around $2,256/month. You can search for these reasonably priced rental listings on RentHop.