Cheap Apartments for Rent in the Waterfront Neighborhood of Boston, MA from $700 (95 Rentals) Page 2 of 2

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

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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
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27 Lexington 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 Jan 1, 2026

27 Lexington St, Unit 3

27 Lexington StBoston, MA 02128
Affordability
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471 Commonwealth Ave, Unit BR
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
Studio Apartment Available Now

471 Commonwealth Ave, Unit BR

471 Commonwealth AveBoston, MA 02215
Affordability
property at 12 Pearl St

12 Pearl St

BostonMA02129

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.

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24 Mount Vernon St
Studio to 1 Bedroom Apartments

24 Mount Vernon St

24 Mount Vernon StBoston, MA 02108
  • Utilities Included
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Barnes School Apartments
Studio to 1 Bedroom Apartments

Barnes School Apartments

127 Marion StBoston, MA 02128
Senior Living
  • Utilities Included
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Harrington's Place
Studio to 2 Bedroom Apartments

Harrington's Place

55 Burbank StBoston, MA 02115
  • Utilities Included
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215 Beacon St
Studio to 2 Bedroom Apartments

215 Beacon St

215 Beacon StBoston, MA 02116
  • Utilities Included
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96 Saint Botolph St
Studio to 2 Bedroom Apartments

96 Saint Botolph St

96 Saint Botolph StBoston, MA 02116
  • Utilities Included
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196 St. Botolph St
1 to 3 Bedroom Apartments

196 St. Botolph St

196 St. Botolph StBoston, MA 02115

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Hereford
Studio to 3 Bedroom Apartments

The Hereford

45-49 Hereford StBoston, MA 02115
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49 Gloucester
Studio to 3 Bedroom Apartments

49 Gloucester

49 Gloucester StBoston, MA 02115
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312 Beacon St
Studio Apartments

312 Beacon St

312 Beacon StBoston, MA 02116
  • Utilities Included
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The Fenway
Studio to 3 Bedroom Apartments

The Fenway

64 Hemenway StBoston, MA 02115
  • Utilities Included
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224-238 Cambridge St
Studio to 3 Bedroom Apartments

224-238 Cambridge St

224-226 Cambridge StBoston, MA 02114
  • Utilities Included
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39 Saint Botolph St
Studio to 1 Bedroom Apartments

39 Saint Botolph St

39 Saint Botolph StBoston, MA 02116
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202 H Street
Studio to 4 Bedroom Apartments

202 H Street

202-206 H StBoston, MA 02127

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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9 Marlborough St
Studio to 2 Bedroom Apartments

9 Marlborough St

9 Marlborough StBoston, MA 02116
  • Utilities Included
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409 Marlborough St
Studio to 2 Bedroom Apartments

409 Marlborough St

409 Marlborough StBoston, MA 02115
  • Utilities Included
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11 Marlborough St
1 Bedroom Apartments

11 Marlborough St

11 Marlborough StBoston, MA 02116
  • Utilities Included
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245 Beacon St
Studio to 2 Bedroom Apartments

245 Beacon St

245 Beacon StBoston, MA 02116
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300 Marlborough St
Studio to 1 Bedroom Apartments

300 Marlborough St

300 Marlborough StBoston, MA 02116
  • Utilities Included
  • Smoke Free
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290 Newbury St
1 Bedroom Apartments

290 Newbury St

290 Newbury StBoston, MA 02115

Waterfront - One of the Best Affordable Neighborhoods in Boston

Named as one of the Best Affordable Neighborhoods to rent in the Boston area by our Boston, MA Local Expert Amelia Ramstead. See how it ranks!

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41 Mount Pleasant St, Unit 1
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

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

41 Mount Pleasant St, Unit 1

41 Mount Pleasant StSomerville, MA 02145
Affordability
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Bennington Arms
Studio to 1 Bedroom Apartments

Bennington Arms

720 Bennington StEast Boston, MA 02128
  • Utilities Included
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Smith House
1 Bedroom Apartments

Smith House

757 Shawmut AveRoxbury, MA 02120
Senior Living
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1 Salem St
1 Bedroom Apartments

1 Salem St

1 Salem StCharlestown, MA 02129
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145 Princeton St
1 to 2 Bedroom Apartments

145 Princeton St

145 Princeton StEast Boston, MA 02128
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Coppersmith Village
1 to 3 Bedroom Apartments

Coppersmith Village

99 Border StEast Boston, MA 02128
  • Utilities Included

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

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.

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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.

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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.

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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.