Cheap Apartments for Rent in the Waterfront Neighborhood of Boston, MA from $700 (92 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront area of Boston.

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27 Woodward St, Unit 3

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102 W 3rd St, Unit 2

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259 North St, Unit 2

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259 North St

7INK

110 Old Harbor St

Boylston St, 40

The Charlestown - Senior Residences 62+

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Furnished Private Bedroom with Private Bat

35 @ EightSixty

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Furnished Private Bedroom in South Boston

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Furnished Private Bedroom in South Boston

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Furnished Private Bedroom in South Boston

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Furnished Private Bedroom in South Boston

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478 Beacon St, Unit A

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Furnished Private Bedroom in South Boston

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71 Putnam St, Unit 1

228 Sumner St

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18 Parmenter St, Unit 1

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720 Bennington St, Unit 207

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23 Arlington St, Unit 3

167 Beacon St

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769 Tremont St, Unit 2

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167 Beacon St, Unit 1

46 S Huntington Ave

8 Garrison St

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287 W 5th St, Unit 1

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Furnished private bedroom with private ens

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397 Marlborough St, Unit 1

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68 Pinckney St, Unit #2

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389 Beacon St, Unit 6

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430 Massachusetts Ave

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12 Boston St, Unit 3

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12 Boston St, Unit 3

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58 S Russell St, Unit 2

433 Massachusetts Ave

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367 Western Ave, Unit 2B

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40 Anderson St, Unit 5

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269 Bolton St, Unit 2A

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43 Anderson St, Unit 1
Waterfront, Boston, MA Local Guide

How much does it cost to rent an apartment in Waterfront?
Bedroom | Average Price | Cheapest Price | Highest Price |
---|---|---|---|
Waterfront Studio Apartments | $2,829 | $1,400 | $5,666 |
Waterfront 1 Bedroom Apartments | $3,347 | $1,095 | $10,000+ |
Waterfront 2 Bedroom Apartments | $4,102 | $2,000 | $10,000+ |
Waterfront 3 Bedroom Apartments | $4,808 | $1,496 | $10,000+ |
Waterfront 4 Bedroom Apartments | $5,480 | $1,250 | $10,000+ |
Waterfront 5 Bedroom Apartments | $6,501 | $4,000 | $10,000+ |
Waterfront 6 Bedroom Apartments | $7,058 | $4,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 92 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Boston, MA.
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Waterfront, Boston, MA Local Guide
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Cheapest Available Waterfront Apartments for Rent
 The cheapest available apartment rental in the Waterfront area of Boston, MA is a 3 Beds unit found at 7INK priced from $1,526. The Charlestown - Senior Residences 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,700. Here are the most affordable Waterfront apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
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7INK | Rockwell | 3BR,2BA | $1,526 |
The Charlestown - Senior Residences 62+ | 1 Bed, 1 bath | 1BR,1BA | $1,700 |
35 @ EightSixty | Studio - Income-Based | Studio,1BA | $1,713 |
Best Value Apartments for Rent in Waterfront, MA
As of October 07, 2025 the best value apartment in the Waterfront area is the $0.20 price per square foot 58 S Russell St Model at 58 S Russell St, Unit 2 in the in the Financial District neighborhood starting from $2,000. The second greatest value Waterfront apartment is the 43 Anderson St Model at 43 Anderson St, Unit 1 starting at $2,000 with a $0.20 price per square foot in the Financial District neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
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58 S Russell St, Unit 2 | 58 S Russell St | Studio ,1BA | $0.20 |
43 Anderson St, Unit 1 | 43 Anderson St | Studio ,1BA | $0.20 |
40 Anderson St, Unit 5 | 40 Anderson St | Studio ,1BA | $0.20 |
478 Beacon St, Unit A | 478 Beacon St | Studio ,1BA | $0.18 |
55 Hemenway St, Unit 3 | 55 Hemenway St | Studio ,1BA | $0.20 |
23 Arlington St, Unit 3 | 23 Arlington St | Studio ,1BA | $0.19 |
397 Marlborough St, Unit 1 | 397 Marlborough St | Studio ,1BA | $0.20 |
367 Western Ave, Unit 2B | 367 Western Ave | Studio ,1BA | $0.20 |
68 Pinckney St, Unit #2 | 68 Pinckney St | Studio ,1BA | $0.20 |
297 Newbury St, Unit #10 | 297 Newbury St | Studio ,1BA | $0.21 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleWaterfront, Boston, MA
Ranked #96
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Waterfront, Boston, MA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Boston. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.
Getting Around the Waterfront Neighborhood in Boston, MA
Walk Score®
97 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
82 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Waterfront Apartments
What is a cheap apartment in Waterfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterfront is under $1,713.
What is the price of a cheap apartment in Waterfront?
The cheapest apartment in Waterfront is The Charlestown - Senior Residences 62+ which is listed at $1,700, while the average apartment in Waterfront costs $7,200.
How do the prices of cheap apartments compare to the average apartment in Waterfront?
Cheap apartments in Waterfront have an average cost of $146 which is $7,054 cheaper than the average rent for all rentals in Waterfront.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.