Cheap Apartments for Rent in the Cambridge Reservoir Neighborhood of Waltham, MA from $1,300 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cambridge Reservoir area of Waltham.

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Waltham Overlook

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ReNew Waltham

J.E. Furnished Apartments of Waltham

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Windsor Village at Waltham
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.

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The Ridge

Briar Glen Village

The Point at Waltham

Total Monthly Price
1628 Massachusetts Ave, Unit 1628

21 Captain Parker Arms

7 Captain Parker Arms
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.
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 | $2,651 | $2,039 | $3,399 |
| Cambridge Reservoir 1 Bedroom Apartments | $2,926 | $1,875 | $3,761 |
| Cambridge Reservoir 2 Bedroom Apartments | $3,477 | $2,439 | $4,690 |
| Cambridge Reservoir 3 Bedroom Apartments | $4,398 | $3,076 | $5,920 |
| Cambridge Reservoir 4 Bedroom Apartments | $4,500 | $3,500 | $5,500 |
Browse Apartments in this Neighborhood
There are currently 13 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
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Cheapest Available Cambridge Reservoir Apartments for Rent
 The cheapest available apartment rental in the Cambridge Reservoir area of Waltham, MA is a 1 Bed unit found at ReNew Waltham priced from $2,289. 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 |
|---|---|---|---|
| ReNew Waltham | Ashworth | 1BR,1BA | $2,289 |
| J.E. Furnished Apartments of Waltham | Furnished Studio | Studio,1BA | $2,325 |
| Windsor Village at Waltham | The Dartmouth | 1BR,1BA | $2,405 |
| The Ridge | 1 Bed/1 Bath-A1 | 1BR,1BA | $2,557 |
| Alexan Waltham | A1-2 | 1BR,1BA | $2,615 |
Best Value Apartments for Rent in Cambridge Reservoir, MA
As of December 08, 2025 the best value apartment in the Cambridge Reservoir area is the $0.38 price per square foot 19 Banks St Model at 19 Banks St, Unit #1 in the in the North Waltham neighborhood starting from $3,800. The second greatest value Cambridge Reservoir apartment is the 5 Freeman Cir Model at 5 Freeman Cir, Unit 5 Freeman Cir., Lexington starting at $5,500 with a $1.57 price per square foot in the Woodhaven 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. |
|---|---|---|---|
| 19 Banks St, Unit #1 | 19 Banks St | 3BR,2BA | $0.38 |
| 5 Freeman Cir, Unit 5 Freeman Cir., Lexington | 5 Freeman Cir | 4BR,3.5BA | $1.57 |
| 19 Banks St, Unit 1 | 19 Banks St | 3BR,2BA | $2.69 |
| 31 Captain Parker Arms, Unit 2 | 31 Captain Parker Arms | 3BR,2BA | $3.08 |
| 19 Banks St | 19 Banks St | 3BR,2BA | $3.27 |
| Windsor Village at Waltham | The Faneuil | 2BR,1.5BA | $3.10 |
| 30 Lyman St, Unit 1 | 30 Lyman St | 2BR,1BA | $2.70 |
| 90 Francis St | 90 Francis St | 2BR,1.5BA | $2.87 |
| The Ridge | 1 Bed/1 Bath-A1 | 1BR,1BA | $3.25 |
| 1628 Massachusetts Ave, Unit 1628 | 1628 Massachusetts Ave | 1BR,1BA | $2.68 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 #5
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Cambridge Reservoir Neighborhood in Waltham, MA
Walk Score®
23 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,695.
What is the price of a cheap apartment in Cambridge Reservoir?
The cheapest apartment in Cambridge Reservoir is ReNew Waltham which is listed at $2,289, while the average apartment in Cambridge Reservoir costs $7,200.
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 103 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 $1,672 which is $5,528 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.


