Cheap Homes for Rent in Waterfront Neighborhood of Boston, MA from $1,100 (175 Rentals)

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

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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.

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property at 20 Lincoln St

$1,400 - $1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400 - $1,500

Total Monthly Price
$1,400 - $1,500

4 Bedroom, 3 Bath Condo for Rent

Available Now

20 Lincoln St

SomervilleMA02145

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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 3 Beds unit found at 7INK priced from $1,393. 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
7INKGeorgia3BR,2BA$1,393
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
35 @ EightSixtyStudio - Income-BasedStudio,1BA$1,737
15-25 Hemenway StTwo Bedroom2BR,1BA$1,900

Best Value Apartments for Rent in Waterfront, MA

As of May 07, 2026 the best value apartment in the Waterfront area is the $0.22 price per square foot 48 Hereford St Model at 48 Hereford St, Unit 2 in the in the Kendall Square neighborhood starting from $2,200. The second greatest value Waterfront apartment is the 58 S Russell St Model at 58 S Russell St, Unit 2 starting at $2,100 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 ListingModel NameBed/BathPrice Per Sq.Ft.
48 Hereford St, Unit 248 Hereford StStudio ,1BA$0.22
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.21
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
66 Phillips St, Unit A66 Phillips StStudio ,1BA$0.21
50 S Russell St50 S Russell StStudio ,1BA$0.21
405 Beacon St, Unit 2405 Beacon StStudio ,1BA$0.20
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.20
296 Meridian St, Unit 2296 Meridian St1BR,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.

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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.

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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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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.

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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

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Frequently Asked Questions about Waterfront

What type of rentals are currently available in Waterfront?

There are currently 4286 Apartments for Rent in Waterfront, MA with pricing that ranges from $870 to $27,080. There are also 2656 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $1,110 to $45,000.

What is the current price range for Rental Homes in Waterfront?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterfront ranges from $1,110 to $45,000 with an average monthly rent of $4,975.

How much are larger Three and Four Bedroom Rentals in Waterfront?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterfront range from $1,120 to $27,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,110 to $45,000. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $870.

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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