
Cheap Apartments for Rent in the Island Neighborhood of Waltham, MA from $1,100 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island area of Waltham.


56-58-143 Harvard St

72 Adams St

33 Gorham St

144 School St

763 Main St

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37 Gordon St, Unit 1

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20 School Ave, Unit A1

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80 Robbins St, Unit 2

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45 Nathan Rd, Unit 1
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.

259 Calvary St

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260 River St, Unit 6

100 Central St

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16 Maple St, Unit 4

37 Gordon St

34 Harvard St

178 Robbins St

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ReNew Waltham

189 River St

13 Spruce St
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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Charlesbank Estates

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93 Lafayette St, Unit 2

685 Moody St

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152 Brown St, Unit #1R

146 Willow St

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Currents on the Charles

21 Gardner St

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25 Maple St, Unit 25-1R

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Edison on the Charles by Windsor

Watch Factory Lofts
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

207 South St

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28 Austin St

1143 Beacon St

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166 Lexington St, Unit 1

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154 Lexington St, Unit 2

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256 Lowell Ave, Unit 2

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256 Lowell Ave, Unit #2
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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256 Lowell Ave, Unit 2

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282 Grove St, Unit 11

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268 Grove St, Unit 2-A

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Silver Lake Apartments

Newton Gardens

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1595 Commonwealth Ave
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.
Island, Waltham, MA Local Guide

How much does it cost to rent an apartment in Island?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Island Studio Apartments | $2,496 | $1,175 | $3,135 |
| Island 1 Bedroom Apartments | $2,738 | $1,800 | $3,747 |
| Island 2 Bedroom Apartments | $3,397 | $2,200 | $5,430 |
| Island 3 Bedroom Apartments | $4,231 | $2,650 | $6,779 |
| Island 4 Bedroom Apartments | $4,481 | $3,500 | $5,995 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Island Neighborhood of Waltham, MA.
See all Apartments in WalthamExplore Waltham
Island, Waltham, MA Local Guide
- Nearby Waltham neighborhoods
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- School Districts
Cheapest Available Island Apartments for Rent
 The cheapest available apartment rental in the Island area of Boston, MA is a Studio unit found at Adams Street Apartments - No Fee, Short Term priced from $1,175. ReNew Waltham has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,289. Here are the most affordable Island apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Adams Street Apartments - No Fee, Short Term | Furnished Studio | Studio,1BA | $1,175 |
| ReNew Waltham | Ashworth | 1BR,1BA | $2,289 |
| Charlesbank Estates | 1BR/1BA | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Island, MA
As of December 14, 2025 the best value apartment in the Island 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 Island apartment is the 268 Grove St Model at 268 Grove St, Unit 2-A starting at $2,300 with a $0.23 price per square foot in the Wellesley Hills neighborhood. Here is today’s list of the best values for Island 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 |
| 268 Grove St, Unit 2-A | 268 Grove St | 1BR,1BA | $0.23 |
| 84 Walker St, Unit 2 | 84 Walker St | 3BR,1BA | $0.39 |
| 149 Crescent St, Unit 302 | 149 Crescent St | 2BR,1BA | $0.29 |
| 27 Gammons Rd | 27 Gammons Rd | 5BR,4.5BA | $2.00 |
| 108 Walnut St, Unit 108 | 108 Walnut St | 4BR,2BA | $1.61 |
| 108 Walnut St, Unit 1 | 108 Walnut St | 4BR,2BA | $1.64 |
| 137 Virginia Rd | 137 Virginia Rd | 4BR,2BA | $1.49 |
| 137 Virginia Rd | 137 Virginia Rd | 4BR,2BA | $1.68 |
| 444 Lowell Ave, Unit 2 | 444 Lowell Ave | 5BR,2BA | $2.00 |
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 LifestyleIsland, Waltham, MA
Ranked #13
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Island Neighborhood in Waltham, MA
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
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 Island Apartments
What is a cheap apartment in Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Island is under $2,300.
What is the price of a cheap apartment in Island?
The cheapest apartment in Island is ReNew Waltham which is listed at $2,289, while the average apartment in Island costs $7,200.
What types of apartments are the cheapest in Island?
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 90 regular apartments in Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
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.






