Cheap Apartments for Rent in the Waterfront Neighborhood of Boston, MA from $700 (89 Rentals)

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

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388 Meridian St, Unit #2
$1,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000
3 Bedroom Apartment Available Now

388 Meridian St, Unit #2

388 Meridian StBoston, MA 02128
Affordability
  • Smoke Free
property at 10 Taber St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

10 Taber St

BostonMA02119

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property at 15 Snow Hill St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

Furnished Private Bedroom in North End

15 Snow Hill St
BostonMA02113

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7INK
Rent Specials
$1,732 - $15,790
Plus Fees
Studio to 4 Bedroom Apartments Available Now

7INK

217 Albany StBoston, MA 02118
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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223 Princeton St, Unit 1
$1,750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750
1 Bedroom Apartment Available Aug 1

223 Princeton St, Unit 1

223 Princeton StBoston, MA 02128
Affordability

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32 Saint Stephen St
$1,950 - $4,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950 - $4,150

Total Monthly Price
$1,950 - $4,150
Studio to 2 Bedroom Apartment Available Sep 1

32 Saint Stephen St

32 Saint Stephen StBoston, MA 02115
Affordability
  • Smoke Free
property at 522 Saratoga St

$1,895 - $1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom Rentals

Available Now

522 Saratoga St

BostonMA02128
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304 Newbury St, Unit 8
$1,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995
Studio Apartment Available Sep 1

304 Newbury St, Unit 8

304 Newbury StBoston, MA 02115
Furnished
property at 84 Chandler St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

Studio, 1 Bath Home for Rent

Available Now

84 Chandler St

BostonMA02116

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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 Studio unit found at Burbank Terrace priced from $1,575. 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
Burbank TerraceStudio 60%Studio,1BA$1,575
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
7INKGeorgia3BR,2BA$1,732
35 @ EightSixtyStudio - Income-BasedStudio,1BA$1,737

Best Value Apartments for Rent in Waterfront, MA

As of July 08, 2026 the best value apartment in the Waterfront area is the $0.23 price per square foot 1112 Harrison Ave Model at 1112 Harrison Ave in the in the Waterfront neighborhood starting from $2,250. The second greatest value Waterfront apartment is the 110 Perkins St Model at 110 Perkins St, Unit 7 starting at $1,750 with a $0.18 price per square foot in the Kendall Square 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.
1112 Harrison Ave1112 Harrison AveStudio ,1BA$0.23
110 Perkins St, Unit 7110 Perkins StStudio ,1BA$0.18
720 Bennington St, Unit 207720 Bennington StStudio ,1BA$0.19
271 Newbury St, Unit 2271 Newbury StStudio ,1BA$0.21
81 Saint Botolph St, Unit 181 Saint Botolph StStudio ,1BA$0.21
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.23
36 S Russell St, Unit 336 S Russell StStudio ,1BA$0.23
50 S Russell St50 S Russell StStudio ,1BA$0.21
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.20
80 Havre St, Unit 280 Havre St1BR,1BA$0.22

Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

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Real 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.

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Pet Friendly Lifestyle
Waterfront, Boston, MA

Ranked #99

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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 $1,737.

What is the price of a cheap apartment in Waterfront?

The cheapest apartment in Waterfront is Burbank Terrace which is listed at $1,675, while the average apartment in Waterfront costs $7,100.

How do the prices of cheap apartments compare to the average apartment in Waterfront?

Cheap apartments in Waterfront have an average cost of $359 which is $6,741 cheaper than the average rent for all rentals in Waterfront.

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.

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