
Cheap Apartments for Rent in the Cambridge Reservoir Neighborhood of Waltham, MA from $1,100 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cambridge Reservoir area of Waltham.


Total Monthly Price
The Point at Waltham

Total Monthly Price
15 Lyman St, Unit #3

Total Monthly Price
Waltham Overlook
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

Total Monthly Price
J.E. Furnished Apartments of Waltham

Total Monthly Price
ReNew Waltham

Total Monthly Price
1000 Lexington St, Unit 45

Total Monthly Price
42 Caughey St, Unit 42 Caughey 1
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.

Franklin School Apartments
Cambridge Reservoir, Waltham, MA Local Guide

How much does it cost to rent an apartment in Cambridge Reservoir?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cambridge Reservoir Studio Apartments | $2,720 | $1,648 | $3,109 |
| Cambridge Reservoir 1 Bedroom Apartments | $3,146 | $2,290 | $8,817 |
| Cambridge Reservoir 2 Bedroom Apartments | $3,727 | $2,195 | $5,500 |
| Cambridge Reservoir 3 Bedroom Apartments | $4,701 | $2,700 | $6,163 |
| Cambridge Reservoir 4 Bedroom Apartments | $3,900 | $3,900 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Cambridge Reservoir Neighborhood of Waltham, MA.
See all Apartments in WalthamExplore Waltham
Cambridge Reservoir, Waltham, MA Local Guide
- Nearby Waltham neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Cambridge Reservoir Apartments for Rent
 The cheapest available apartment rental in the Cambridge Reservoir area of Waltham, MA is a Studio unit found at The Point at Waltham priced from $1,648. J.E. Furnished Apartments of Waltham has the second lowest priced unit, which is a Studio apartment currently listed from $2,325. Here are the most affordable Cambridge Reservoir apartments for rent in Waltham, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Point at Waltham | S1 (Income Restricted) | Studio,1BA | $1,648 |
| J.E. Furnished Apartments of Waltham | Furnished Studio | Studio,1BA | $2,325 |
| ReNew Waltham | Anderson | 1BR,1BA | $2,329 |
Best Value Apartments for Rent in Cambridge Reservoir, MA
As of August 12, 2026 the best value apartment in the Cambridge Reservoir area is the $2.60 price per square foot 23 Weston St Model at 23 Weston St, Unit 21 in the in the North Waltham neighborhood starting from $3,900. The second greatest value Cambridge Reservoir apartment is the C5 Model at Alexan Waltham starting at $5,575 with a $4.29 price per square foot in the Rock Meadow neighborhood. Here is today’s list of the best values for Cambridge Reservoir apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 23 Weston St, Unit 21 | 23 Weston St | 4BR,3BA | $2.60 |
| Alexan Waltham | C5 | 3BR,2BA | $4.29 |
| Avalon at Lexington | C1 | 3BR,2BA | $3.16 |
| Briar Glen Village | The Hemlock | 2BR,2BA | $3.14 |
| 90 Francis St | 90 Francis St | 2BR,1.5BA | $2.87 |
| Waltham Overlook | B1AR | 2BR,1BA | $3.54 |
| Avalon Bear Hill | 852 | 1BR,1BA | $3.92 |
| The Ridge | 1 Bed/1 Bath-A1 | 1BR,1BA | $3.63 |
| 42 Caughey St, Unit 42 Caughey Unit 1 | 42 Caughey St | 1BR,1BA | $3.17 |
| The Point at Waltham | A1 (Income Restricted) | 1BR,1BA | $3.55 |
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.
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 LifestyleCambridge Reservoir, Waltham, MA
Ranked #7
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Cambridge Reservoir Apartments
What is a cheap apartment in Cambridge Reservoir?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cambridge Reservoir is under $3,336.
What is the price of a cheap apartment in Cambridge Reservoir?
The cheapest apartment in Cambridge Reservoir is ReNew Waltham which is listed at $2,329, while the average apartment in Cambridge Reservoir costs $3,336.
What types of apartments are the cheapest in Cambridge Reservoir?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Cambridge Reservoir that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Cambridge Reservoir?
Cheap apartments in Cambridge Reservoir have an average cost of $327 which is $3,009 cheaper than the average rent for all rentals in Cambridge Reservoir.
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.
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.