
Cheap Homes for Rent in the Waverley Neighborhood of Belmont, MA from $2,300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Waverley area of Belmont.


109 Warren St

125 Trapelo Rd

550 Belmont St, Unit 2

550 Belmont St, Unit 2
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

38 Carey Ave, Unit 3

38 Carey Ave

550 Belmont St, Unit 35

550 Belmont St, Unit 6

45 Slade St, Unit 1
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

386 Common St

42-44 Wilson Ave

5 Lowell Ave, Unit 3

41 Grant Ave

28 Springfield St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Waverley, Belmont, MA Local Guide

How much does it cost to rent a home in Waverley?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Waverley 2 Bedroom Homes for Rent | $2,785 | $2,300 | $3,400 |
| Waverley 3 Bedroom Homes for Rent | $4,020 | $3,300 | $5,300 |
| Waverley 4 Bedroom Homes for Rent | $5,481 | $3,500 | $7,500 |
| Waverley 5 Bedroom Homes for Rent | $9,500 | $8,000 | $10,000+ |
| Waverley 6 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Waverley Neighborhood of Belmont, MA.
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Waverley, Belmont, MA Local Guide
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Cheapest Available Waverley Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Bradford | Studio-S4 | Studio,1BA | $2,832 |
Best Value Apartments for Rent in Waverley, MA
As of July 11, 2026 the best value apartment in the Waverley area is the $1.67 price per square foot 334-336 School St Model at 334-336 School St in the in the East Watertown neighborhood starting from $4,000. The second greatest value Waverley apartment is the 384 School St Model at 384 School St, Unit 1 starting at $3,000 with a $2.14 price per square foot in the East Watertown neighborhood. Here is today’s list of the best values for Waverley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 334-336 School St | 334-336 School St | 4BR,2BA | $1.67 |
| 384 School St, Unit 1 | 384 School St | 2BR,1BA | $2.14 |
| 422 Trapelo Rd, Unit 2 | 422 Trapelo Rd | 3BR,1BA | $2.56 |
| 40 Townly Rd, Unit 3 | 40 Townly Rd | 2BR,2BA | $3.00 |
| 42 Wilmot St, Unit 1 | 42 Wilmot St | 3BR,1.5BA | $3.50 |
| 28 Commonwealth Rd, Unit 3 | 28 Commonwealth Rd | 1BR,1BA | $2.00 |
| 18 Winslow Rd | 18 Winslow Rd | 1BR,1BA | $3.19 |
| 269 Lexington St | 269 Lexington St | 2BR,1BA | $3.25 |
| The Bradford | 1 Bed/1 Bath-A7 | 1BR,1BA | $5.61 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Waverley, Belmont, MA
School data provided by Great Schools
Frequently Asked Questions about Waverley
What type of rentals are currently available in Waverley?
There are currently 60 Apartments for Rent in Waverley, MA with pricing that ranges from $1,700 to $6,000. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverley ranging from $2,300 to $12,000.
What is the current price range for Rental Homes in Waverley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waverley ranges from $2,300 to $12,000 with an average monthly rent of $5,542.
How much are larger Three and Four Bedroom Rentals in Waverley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waverley range from $3,000 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,300 to $5,300. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $3,950.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.