
Cheap Apartments for Rent in the Waterfront Neighborhood of Boston, MA from $700 (89 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront area of Boston.


Total Monthly Price
388 Meridian St, Unit #2

Furnished Private Bedroom in East Boston

Furnished Private Bedroom in East Boston

Furnished Private Bedroom in East Boston

Furnished Private Bedroom in East Boston

Furnished Bedroom with Private Ensuite Bath in East Boston!

Furnished Private Bedroom in East Boston

10 Taber St

Furnished Private Bedroom in South Boston
Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.

Furnished Private Bedroom with Private Bath in East Boston!

Furnished Private Bedroom in North End

Furnished Bedroom with Private Bath in East Boston

Furnished Private Bedroom in South Boston

Burbank Terrace

Furnished Private Bedroom in South Boston

Furnished Private Bedroom in South Boston

Furnished Private Bedroom with Private Bath in East Boston!

Furnished Private Bedroom in South Boston

Furnished Private Bedroom in South Boston
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.

Furnished Private Bedroom in South Boston

Furnished Private Bedroom in South Boston

Furnished Private Bedroom in South Boston

Furnished Private Bedroom in South Boston

Furnished Private Bedroom in South Boston

Furnished Private Bedroom in South Boston

Furnished Private Bedroom in South Boston

Total Monthly Price
37 Oak St, Unit 1 room

The Charlestown - Senior Residences 62+

7INK
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.

35 @ EightSixty

Total Monthly Price
223 Princeton St, Unit 1

Total Monthly Price
131 Commonwealth Ave, Unit 9

Furnished Bedroom with Private Bath in South Boston

Furnished Bedroom with Private Bath in South Boston

Furnished Bedroom with Private Bath in South Boston

Furnished Bedroom with Private Bath in South Boston

Furnished Bedroom with Private Bath in South Boston

Furnished Bedroom with Private Bath in South Boston

302 Newbury 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.

Total Monthly Price
720 Bennington St, Unit 207

15-25 Hemenway St

Furnished Private Bedroom in South Boston

Furnished Bedroom with Private Bath in South Boston

Total Monthly Price
399 Marlborough St

10 Marion St, Unit R

Total Monthly Price
32 Saint Stephen St

522 Saratoga St

Total Monthly Price
304 Newbury St, Unit 8

84 Chandler St
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.
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 | $2,931 | $1,575 | $10,000+ |
| Waterfront 1 Bedroom Apartments | $3,634 | $1,225 | $10,000+ |
| Waterfront 2 Bedroom Apartments | $4,600 | $900 | $10,000+ |
| Waterfront 3 Bedroom Apartments | $4,986 | $900 | $10,000+ |
| Waterfront 4 Bedroom Apartments | $5,748 | $900 | $10,000+ |
| Waterfront 5 Bedroom Apartments | $6,687 | $3,795 | $10,000+ |
| Waterfront 6 Bedroom Apartments | $6,605 | $4,600 | $9,800 |
Browse Apartments in this Neighborhood
There are currently 89 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Boston, MA.
See all Apartments in BostonExplore Boston
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burbank Terrace | Studio 60% | Studio,1BA | $1,575 |
| The Charlestown - Senior Residences 62+ | 1 Bed, 1 bath | 1BR,1BA | $1,700 |
| 7INK | Georgia | 3BR,2BA | $1,732 |
| 35 @ EightSixty | Studio - Income-Based | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1112 Harrison Ave | 1112 Harrison Ave | Studio ,1BA | $0.23 |
| 110 Perkins St, Unit 7 | 110 Perkins St | Studio ,1BA | $0.18 |
| 720 Bennington St, Unit 207 | 720 Bennington St | Studio ,1BA | $0.19 |
| 271 Newbury St, Unit 2 | 271 Newbury St | Studio ,1BA | $0.21 |
| 81 Saint Botolph St, Unit 1 | 81 Saint Botolph St | Studio ,1BA | $0.21 |
| 42 S Russell St, Unit 3 | 42 S Russell St | Studio ,1BA | $0.23 |
| 36 S Russell St, Unit 3 | 36 S Russell St | Studio ,1BA | $0.23 |
| 50 S Russell St | 50 S Russell St | Studio ,1BA | $0.21 |
| 58 S Russell St, Unit 2 | 58 S Russell St | Studio ,1BA | $0.20 |
| 80 Havre St, Unit 2 | 80 Havre St | 1BR,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.
Read ArticleDon'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 ArticleTop 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 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.
Pet Friendly LifestyleWaterfront, Boston, MA
Ranked #99
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.
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.
Helpful Local Expert Guides

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.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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.