Cheap Apartments for Rent in the Waterfront Neighborhood of Boston, MA from $700 (95 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
102 W 3rd St, Unit 2
$1,100
Total Monthly Price10 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
3 Bedroom Apartment Available Now

102 W 3rd St, Unit 2

102 W 3rd StBoston, MA 02127
Furnished
close
View Me
211 Princeton St, Unit 1
$1,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500
1 Bedroom Apartment Available Dec 1

211 Princeton St, Unit 1

211 Princeton StBoston, MA 02128
Furnished
  • Smoke Free

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.

property at 2 Melrose St

2 Melrose St

BostonMA02116
property at 14 Monument Sq

14 Monument Sq

BostonMA02129

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 838 Saratoga St

838 Saratoga St

BostonMA02128
close
View Me
464 Massachusetts Ave, Unit 12
$1,880
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,880

Total Monthly Price
$1,880
Studio Apartment Available Now

464 Massachusetts Ave, Unit 12

464 Massachusetts AveBoston, MA 02118
Affordability
close
View Me
468 Massachusetts Ave, Unit 12
$1,880
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,880

Total Monthly Price
$1,880
Studio Apartment Available Now

468 Massachusetts Ave, Unit 12

468 Massachusetts AveBoston, MA 02118
Affordability
close
View Me
457 Massachusetts Ave, Unit 2
$1,880
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,880

Total Monthly Price
$1,880
Studio Apartment Available Now

457 Massachusetts Ave, Unit 2

457 Massachusetts AveBoston, MA 02118
Affordability
close
View Me
459 Massachusetts Ave, Unit 2
$1,880
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,880

Total Monthly Price
$1,880
Studio Apartment Available Now

459 Massachusetts Ave, Unit 2

459 Massachusetts AveBoston, MA 02118
Affordability
close
View Me
483 Massachusetts Ave, Unit 12
$1,880
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,880

Total Monthly Price
$1,880
Studio Apartment Available Now

483 Massachusetts Ave, Unit 12

483 Massachusetts AveBoston, MA 02118
Affordability

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & 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.

close
View Me
28 Chelsea St
$1,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950
1 Bedroom Apartment Available Dec 1

28 Chelsea St

28 Chelsea StBoston, MA 02128
Affordability
property at 185 Marion St

185 Marion St

BostonMA02128

Explore Like a Local: The Insider's Guide to Boston

Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.

close
View Me
117 Beacon St, Unit 405-2
$1,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

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

117 Beacon St, Unit 405-2

117 Beacon StBoston, MA 02116
Cost Per Sq.Ft.
close
View Me
11 Anderson St, Unit 2##
$1,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995
Studio Apartment Available Now

11 Anderson St, Unit 2##

11 Anderson StBoston, MA 02114
Cost Per Sq.Ft.
close
View Me
12 Boston St, Unit 3
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
2 Bedroom Apartment Available Now

12 Boston St, Unit 3

12 Boston StBoston, MA 02127
Affordability
property at 237 Lexington St

237 Lexington St

BostonMA02128
close
View Me
12 Boston St, Unit 3
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
2 Bedroom Apartment Available Now

12 Boston St, Unit 3

12 Boston StBoston, MA 02127
Affordability

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.

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 1 Bed unit found at 14 Horace St priced from $1,100. 7INK has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,448. Here are the most affordable Waterfront apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
14 Horace St31BR,1BA$1,100
7INKGeorgia3BR,2BA$1,448
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
35 @ EightSixtyStudio - Income-BasedStudio,1BA$1,713

Best Value Apartments for Rent in Waterfront, MA

As of November 24, 2025 the best value apartment in the Waterfront area is the $0.18 price per square foot 114 Perkins St Model at 114 Perkins St, Unit 5 in the in the Kendall Square neighborhood starting from $1,825. The second greatest value Waterfront apartment is the 11 Anderson St Model at 11 Anderson St, Unit 2## starting at $1,995 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.
114 Perkins St, Unit 5114 Perkins StStudio ,1BA$0.18
11 Anderson St, Unit 2##11 Anderson StStudio ,1BA$0.20
18 Parmenter St, Unit 118 Parmenter St1BR,1BA$0.20
55 Hemenway St, Unit 355 Hemenway StStudio ,1BA$0.20
177 Beacon St, Unit 23177 Beacon St1BR,1BA$0.20
81 Saint Botolph St, Unit 181 Saint Botolph StStudio ,1BA$0.21
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.21
36 S Russell St, Unit 336 S Russell StStudio ,1BA$0.21
50 S Russell St, Unit 350 S Russell StStudio ,1BA$0.21
51 Hemenway St, Unit 351 Hemenway StStudio ,1BA$0.21

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.

Read Article
Decorative image

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Waterfront, Boston, MA

Ranked #97

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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

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 14 Horace St which is listed at $1,100, while the average apartment in Waterfront costs $10,500.

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

Cheap apartments in Waterfront have an average cost of $278 which is $10,222 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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.