
Cheap Apartments for Rent in the Island Neighborhood of Waltham, MA from $1,100 (86 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island area of Waltham.


Total Monthly Price
186 Lexington St, Unit 9, Unit 9

10-12-12 Maple St

25 Ash St, Unit 03, Unit 03

147 Brown St, Unit 2R, Unit 2R

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33 Adams St, Unit #3, Unit #3

11 Exchange Ct

252 Ash St, Unit 02

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37 Prospect Street Ave, Unit 2, Unit 2

172 River St, Unit B-6, Unit B-6
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

95 Adams St, Unit 16

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260 River St, Unit 6, Unit 6

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The Point at Waltham

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241 Lowell St, Unit New Construction, Unit New Construction

69 Newton St

240 Crescent St

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ReNew Waltham

6 Whitman Rd

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Charlesbank Estates

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75 Fuller St, Unit 1, 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.

95 Adams St, Unit 8

95 Adams St, Unit 03

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Currents on the Charles

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148 Crescent St, Unit B, Unit B

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16 Maple St, Unit 4, Unit 4

20 Norumbega Ter, Unit 2, Unit 2

19 Norumbega Ter, Unit 01, Unit 01

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25 Maple St, Unit 25-1R, Unit 25-1R

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104 Calvary St, Unit 104R, Unit 104R

104 Calvary 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.

9 Hall St

150 Brown St, Unit 1L

41 Wadsworth Ave

141 Brown St, Unit 2F, Unit 2F

Watch Factory Lofts

41 Angleside Rd, Unit 3, Unit 3

12-14-14 McKenn St

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70 Gardner St, Unit 1, Unit 1

70 Gardner St

Total Monthly Price
6 Norumbega Ter, Unit 10, Unit 10
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.

Total Monthly Price
Longview Place

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90 Francis St

62 Charlesbank Way

6 Hammer St, Unit 6, Unit 6

60-62 Bedford St. Unit 62 #2, Unit 62 #2

60-62 Bedford St., Unit 2

48-58 Edge Hill Rd

12 Hammond St, Unit A, Unit A

177 Robbins St

266-274 River St
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 | $2,353 | $1,175 | $3,259 |
| Island 1 Bedroom Apartments | $2,903 | $1,950 | $4,640 |
| Island 2 Bedroom Apartments | $3,634 | $2,295 | $7,685 |
| Island 3 Bedroom Apartments | $4,319 | $2,800 | $6,791 |
| Island 4 Bedroom Apartments | $4,190 | $3,500 | $5,400 |
| Island 5 Bedroom Apartments | $6,181 | $3,600 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 86 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
- Nearby Cities
- ZIP codes
- Local Counties
- 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. The Point at Waltham has the second lowest priced unit, which is a Studio apartment currently listed from $2,164. 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 |
| The Point at Waltham | S1 (Income Restricted) | Studio,1BA | $2,164 |
| ReNew Waltham | Adams | 1BR,1BA | $2,299 |
| Silver Lake Apartments | Two Bedroom | 2BR,1BA | $2,300 |
Best Value Apartments for Rent in Island, MA
As of April 30, 2026 the best value apartment in the Island area is the $0.39 price per square foot 84 Walker St Model at 84 Walker St, Unit 2 in the in the Newton Centre neighborhood starting from $3,850. The second greatest value Island apartment is the 149 Crescent St Model at 149 Crescent St, Unit 301 starting at $2,900 with a $0.29 price per square foot in the Nonantum 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. |
|---|---|---|---|
| 84 Walker St, Unit 2 | 84 Walker St | 3BR,1BA | $0.39 |
| 149 Crescent St, Unit 301 | 149 Crescent St | 2BR,1.5BA | $0.29 |
| 1143 Beacon St, Unit #2 | 1143 Beacon St | 2BR,1BA | $0.27 |
| 282 Grove St, Unit 9 | 282 Grove St | 1BR,1BA | $0.23 |
| 286 Grove St, Unit 3 | 286 Grove St | 1BR,1BA | $0.24 |
| 1383 Washington St, Unit #3 | 1383 Washington St | 3BR,1BA | $0.36 |
| 19 Banks St, Unit #1 | 19 Banks St | 3BR,2BA | $0.36 |
| 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 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 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 ArticleCash 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.
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 #14
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $2,299, while the average apartment in Island costs $7,000.
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 30 regular apartments in Island 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 Island?
Cheap apartments in Island have an average cost of $520 which is $6,480 cheaper than the average rent for all rentals in Island.
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
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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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.