
Cheap Apartments for Rent in the Waterfront Neighborhood of Boston, MA from $700 (98 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront area of Boston.


Total Monthly Price
102 W 3rd St, Unit 2

Furnished Private Bedroom in East Boston

Furnished Private Bedroom in East Boston

13 Tuckerman St

Boylston St, 40

Total Monthly Price
86 Marine Rd

Furnished Private Bedroom in North End

7INK

Furnished Private Bedroom in South Boston
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.

80 Beacon St

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52 River St, Unit B

93 Beacon St

Furnished Bedroom with Private Bath in South Boston

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58 S Russell St, Unit 5

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140 Bennington St, Unit 2

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27 Temple St, Unit 1

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8 Louisburg Sq, Unit BF

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142 Bowdoin St, Unit 22

The Charlestown - Senior Residences 62+
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.

35 @ EightSixty

185 Marion St

101 Brooks St

Furnished Bedroom with Private Bath in South Boston

Furnished Bedroom with Private Bath in South Boston

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50 Saint Stephen St

40 Anderson St

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720 Bennington St, Unit 207

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78 S Huntington Ave, Unit 1

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30 Anderson St, Unit 22
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.

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34 Anderson St

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15 Anderson St

30 Decatur St

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464 Beacon St

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464 Beacon St, Unit 1F

501 E Broadway

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134 Chestnut St, Unit 6

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65 Anderson St

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15 Beacon St, Unit 6S

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62 Anderson St, Unit 58 anderson street
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.

142 Gove St

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287 W 5th St, Unit 1

501 E Broadway

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117 Beacon St

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129 Eutaw St

72 Revere St

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161 Bennington St

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129 Eutaw St, Unit 1

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8 G St

49 Everett St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $2,716 | $1,600 | $10,000+ |
| Waterfront 1 Bedroom Apartments | $3,410 | $1,095 | $10,000+ |
| Waterfront 2 Bedroom Apartments | $4,129 | $2,000 | $10,000+ |
| Waterfront 3 Bedroom Apartments | $5,144 | $1,100 | $10,000+ |
| Waterfront 4 Bedroom Apartments | $6,118 | $1,572 | $10,000+ |
| Waterfront 5 Bedroom Apartments | $7,149 | $1,525 | $10,000+ |
| Waterfront 6 Bedroom Apartments | $9,392 | $7,200 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 98 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
- Nearby Boston neighborhoods
- Nearby Cities
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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 Boylston St, 40 priced from $1,517. 7INK has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,572. Here are the most affordable Waterfront apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Boylston St, 40 | 1 Bed 1 Bath | 1BR,1BA | $1,517 |
| 7INK | Impact | 4BR,2BA | $1,572 |
| The Charlestown - Senior Residences 62+ | 1 Bed, 1 bath | 1BR,1BA | $1,700 |
Best Value Apartments for Rent in Waterfront, MA
As of February 23, 2026 the best value apartment in the Waterfront area is the $0.19 price per square foot 720 Bennington St Model at 720 Bennington St, Unit 207 in the in the Waterfront neighborhood starting from $1,900. The second greatest value Waterfront apartment is the 117 Beacon St Model at 117 Beacon St starting at $2,095 with a $0.21 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. |
|---|---|---|---|
| 720 Bennington St, Unit 207 | 720 Bennington St | Studio ,1BA | $0.19 |
| 117 Beacon St | 117 Beacon St | Studio ,1BA | $0.21 |
| 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 |
| 54 S Russell St | 54 S Russell St | Studio ,1BA | $0.21 |
| 66 Phillips St, Unit A | 66 Phillips St | Studio ,1BA | $0.21 |
| 50 S Russell St | 50 S Russell St | Studio ,1BA | $0.21 |
| 367 Western Ave, Unit 2B | 367 Western Ave | Studio ,1BA | $0.21 |
| 58 S Russell St, Unit 2 | 58 S Russell St | Studio ,1BA | $0.20 |
| 234 Lexington St | 234 Lexington St | 1BR,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 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 ArticleThe 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 ArticleCash 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.
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 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 #97
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 $1,700.
What is the price of a cheap apartment in Waterfront?
The cheapest apartment in Waterfront is Boylston St, 40 which is listed at $1,517, while the average apartment in Waterfront costs $9,900.
How do the prices of cheap apartments compare to the average apartment in Waterfront?
Cheap apartments in Waterfront have an average cost of $234 which is $9,666 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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.