Cheap Homes for Rent in Waterfront Neighborhood of Boston, MA from $900 (151 Rentals)

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

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.

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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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property at 292 D St

292 D St, Unit 2

292 D St
BostonMA02127

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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property at 450 Beacon St

450 Beacon St

BostonMA02115

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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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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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 4 Beds unit found at 7INK priced from $1,478. 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
7INKCambria4BR,2BA$1,478
The Charlestown - Senior Residences 62+1 Bed, 1 bath1BR,1BA$1,700
35 @ EightSixtyStudio - Income-BasedStudio,1BA$1,713
The AnchorageStudio SpecialStudio,1BA$1,800

Best Value Apartments for Rent in Waterfront, MA

As of June 27, 2025 the best value apartment in the Waterfront area is the $0.21 price per square foot 247 Bennington St Model at 247 Bennington St, Unit 1 in the in the Airport neighborhood starting from $2,120. The second greatest value Waterfront apartment is the 307 Beacon St Model at 307 Beacon St, Unit 8 starting at $2,050 with a $0.21 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 ListingModel NameBed/BathPrice Per Sq.Ft.
247 Bennington St, Unit 1247 Bennington St1BR,1BA$0.21
307 Beacon St, Unit 8307 Beacon StStudio ,1BA$0.21
247 Bennington St, Unit 1247 Bennington St1BR,1BA$0.21
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.21
58 S Russell St, Unit 258 S Russell StStudio ,1BA$0.20
15 Marion St, Unit 10-315 Marion St1BR,1BA$0.22
271 Newbury St, Unit 2271 Newbury StStudio ,1BA$0.21
58 Anderson St, Unit 858 Anderson StStudio ,1BA$0.20
58 Anderson St, Unit 258 Anderson StStudio ,1BA$0.20
42 S Russell St, Unit 342 S Russell StStudio ,1BA$0.21

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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Frequently Asked Questions about Waterfront

What type of rentals are currently available in Waterfront?

There are currently 6514 Apartments for Rent in Waterfront, MA with pricing that ranges from $1,200 to $45,000. There are also 4075 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $975 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 $975 to $45,000 with an average monthly rent of $4,614.

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 $1,563 to $45,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $45,000. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,400.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.