
Cheap Homes for Rent in the Waterfront Neighborhood of Boston, MA from $1,100 (59 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterfront area of Boston.


Room in Shared 3 bed/2 bath home in East Boston, Unit B

Room in Shared 4 bed/1 bath home in Allston, Unit B

Room in Shared 6 bed/2 bath home in Somerville, Unit D

Room in Shared 5 bed/1 bath home in Somerville, Unit B

Room in Shared 6 bed/2 bath home in Somerville, Unit C

Room in Shared 4 bed/1 bath home in Allston, Unit C

Room in Shared 5 bed/1 bath home in Somerville, Unit A

Room in Shared 4 bed/1 bath home in Allston, Unit B

Room in Shared 5 bed/2.5 bath home in Roxbury, Unit B
Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Moving to Boston? Discover how to handle unique rental rules, avoid common moving day pitfalls, and prepare for your first winter in the city

Room in Shared 5 bed/2.5 bath home in Roxbury, Unit E

Room in Shared 3 bed/1 bath home in East Cambridge, Unit C

94 Spring St

Room in Shared 5 bed/2 bath home in South Boston, Unit D

Room in Shared 5 bed/2 bath home in South Boston, Unit B

Furnished Private Bedroom in South Boston

Room in Shared 5 bed/2 bath home in South Boston, Unit A

Room in Shared 3 bed/1 bath home in North End, Unit B

Room in Shared 3 bed/1 bath home in North End, Unit C

Furnished Private Bedroom in South Boston
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Furnished Private Bedroom in South Boston

Room in Shared 4 bed/4 bath home in East Cambridge, Unit D

Room in Shared 4 bed/2 bath home in East Cambridge, Unit D

Room in Shared 3 bed/1 bath home in North End, Unit C

Furnished Private Bedroom in South Boston

Furnished Private Bedroom in South Boston

Room in Shared 3 bed/1 bath home in North End, Unit B

Room in Shared 3 bed/1 bath home in North End, Unit C

Room in Shared 3 bed/1 bath home in North End, Unit C

Room in Shared 3 bed/1 bath home in North End, Unit B
What It Really Costs to Live in Boston: A Local Renter’s Guide
Thinking of moving to Boston? Discover the real cost of living in the city. Our local expert guide breaks down rent, hidden utility costs, transportation tips, and neighborhood tradeoffs to help you budget smarter.

Room in Shared 3 bed/1 bath home in North End, Unit A

Room in Shared 5 bed/2.5 bath home in Roxbury, Unit A

248 Newbury St, Unit 6

248 Newbury St, Unit 6

1 Percival Pl
405 Beacon St, Unit A
405 Beacon St, Unit 4
405 Beacon St, Unit 15
405 Beacon St, Unit D

405 Beacon St, Unit B
Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities
Find your perfect apartment outside Boston. We review Quincy, Braintree, Malden, Somerville, and Lynn, covering local hotspots, commute options, and available rental types.

405 Beacon St, Unit A

405 Beacon St, Unit 15

405 Beacon St, Unit D

405 Beacon St, Unit 4

405 Beacon St, Unit C

120 Charles St

13 William C Kelly Sq

405 Beacon St, Unit 8

70 Bennington St

70 Bennington St, Unit 3
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Waterfront, Boston, MA Local Guide

How much does it cost to rent a home in Waterfront?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Waterfront 2 Bedroom Homes for Rent | $4,477 | $2,200 | $10,000+ |
| Waterfront 3 Bedroom Homes for Rent | $5,167 | $1,160 | $10,000+ |
| Waterfront 4 Bedroom Homes for Rent | $5,471 | $1,160 | $10,000+ |
| Waterfront 5 Bedroom Homes for Rent | $6,184 | $1,210 | $10,000+ |
| Waterfront 6 Bedroom Homes for Rent | $6,134 | $1,180 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Boston, MA.
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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 New Castle Court priced from $1,662. 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 |
|---|---|---|---|
| New Castle Court | Newcastle | Studio,1BA | $1,662 |
| The Charlestown - Senior Residences 62+ | 1 Bed, 1 bath | 1BR,1BA | $1,700 |
| 35 @ EightSixty | Studio - Income-Based | Studio,1BA | $1,737 |
Best Value Apartments for Rent in Waterfront, MA
As of August 06, 2026 the best value apartment in the Waterfront area is the $0.03 price per square foot 80 Phillips Model at 80 Phillips, Unit 5 in the in the Financial District neighborhood starting from $2,795. The second greatest value Waterfront apartment is the 64 Prince St Model at 64 Prince St, Unit 2 starting at $3,450 with a $0.03 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. |
|---|---|---|---|
| 80 Phillips, Unit 5 | 80 Phillips | 2BR,1BA | $0.03 |
| 64 Prince St, Unit 2 | 64 Prince St | 3BR,1.5BA | $0.03 |
| 15 Sheafe St, Unit 2 | 15 Sheafe St | 1BR,1BA | $0.23 |
| 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 |
| 16 Cumberland St, Unit 3 | 16 Cumberland St | 1BR,1BA | $0.23 |
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 #75
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
Frequently Asked Questions about Waterfront
What type of rentals are currently available in Waterfront?
There are currently 3704 Apartments for Rent in Waterfront, MA with pricing that ranges from $900 to $25,553. There are also 1841 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $1,160 to $99,999.
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 $1,160 to $99,999 with an average monthly rent of $3,934.
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 $900 to $18,915, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,160 to $35,000. Four Bedroom Single-Family rentals are also available starting from $1,160 and Four Bedroom Apartments start at $900.
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

Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.

What It Really Costs to Live in Boston: A Local Renter's Guide
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.

Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com expert for Boston!

Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com expert for Boston, and I’m excited to help you find your next home!
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.