Cheap Apartments for Rent in the Waterfront Neighborhood of Boston, MA from $700 (114 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterfront area of Boston.

property at 106 Byron St

106 Byron St

BostonMA02128
Showing Results 1-50, Page 1 of 3

Waterfront, Boston, MA Local Guide

Cheapest Available Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Waterfront area of Boston, MA is a 4 Beds unit found at 7INK priced from $1,393. 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 ListingModel NameBed/BathPriced From
7INKCambria4BR,2BA$1,393
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
35 @ EightSixtyStudio - Income-BasedStudio,1BA$1,713
The AnchorageStudio SpecialStudio,1BA$1,800

Best Value Apartments for Rent in Waterfront, MA

As of June 30, 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 58 Anderson St Model at 58 Anderson St, Unit 8 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 ListingModel NameBed/BathPrice Per Sq.Ft.
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.20
58 Anderson St, Unit 858 Anderson StStudio ,1BA$0.20
58 Anderson St, Unit 258 Anderson StStudio ,1BA$0.20
307 Beacon St, Unit 8307 Beacon StStudio ,1BA$0.21
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.21
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.21
247 Bennington St, Unit 1247 Bennington St1BR,1BA$0.21
247 Bennington St, Unit 1247 Bennington St1BR,1BA$0.21
271 Newbury St, Unit 2271 Newbury StStudio ,1BA$0.21
15 Marion St, Unit 10-315 Marion St1BR,1BA$0.22

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Pet Friendly Lifestyle
Waterfront, Boston, MA

Ranked #98

Among neighborhoods in Boston, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 the Cheapest Studio apartment in Waterfront?

Currently the most affordable Cheap Studio Apartment in Waterfront is at 35 @ EightSixty listed at $1,713.

How much is rent for a Cheap One Bedroom Waterfront Apartment?

The lowest price for a Cheap One Bedroom Waterfront Apartment is $1,700 at The Charlestown - Senior Residences 62+.

What is the most affordable Waterfront Three Bedroom Apartment?

The best deal on a cheap Waterfront Three Bedroom Apartment rental is at 7INK and starts from $1,566.

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.

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The 10 Best Affordable Neighborhoods in Boston, MA

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.