
Cheap Apartments for Rent in the Island Neighborhood of Waltham, MA from $1,100 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island area of Waltham.


10-12-12 Maple St

70-80 Harvard St

18 Elm St

45 Cedar 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.

ReNew Waltham

88 Charles St

18 Bacon St

148 Crescent St, Unit B

30 Appleton St

62 Francis St
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.

104 Calvary St

104 Calvary St, Unit 104R

19 Norumbega Ter, Unit 19-01

252 River St, Unit 252 River Street

20 Norumbega Terrace

20 Norumbega Ter, Unit 20-01
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.

20 Norumbega Ter, Unit 1

19 Norumbega Ter, Unit 1

19 Norumbega Ter, Unit 1

78-80-80 Harvard St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

34 Rich St

Charlesbank Estates

Currents on the Charles
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

Private bedroom in 5 bed/2 bath Home
Island, Waltham, MA Local Guide

How much does it cost to rent an apartment in Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Island Studio Apartments | $2,536 | $1,150 | $4,270 |
Island 1 Bedroom Apartments | $3,179 | $1,750 | $10,000+ |
Island 2 Bedroom Apartments | $3,776 | $2,250 | $8,803 |
Island 3 Bedroom Apartments | $4,243 | $2,830 | $10,000+ |
Island 4 Bedroom Apartments | $4,466 | $3,200 | $7,250 |
Island 5 Bedroom Apartments | $5,197 | $1,150 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 70 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
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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 $1,150. Newton Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,399. 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 | $1,150 |
Newton Gardens | One Bedroom | 1BR,1BA | $2,399 |
Charlesbank Estates | 1BR/1BA | 1BR,1BA | $2,400 |
Best Value Apartments for Rent in Island, MA
As of June 11, 2025 the best value apartment in the Island area is the $0.48 price per square foot 21 Banks St Model at 21 Banks St, Unit 2 in the in the North Waltham neighborhood starting from $4,750. The second greatest value Island apartment is the 48 Caldwell Rd Model at 48 Caldwell Rd, Unit 1 starting at $7,500 with a $0.75 price per square foot in the Roberts 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. |
---|---|---|---|
21 Banks St, Unit 2 | 21 Banks St | 5BR,2BA | $0.48 |
48 Caldwell Rd, Unit 1 | 48 Caldwell Rd | 5BR,5BA | $0.75 |
283 Lowell Ave, Unit 1 | 283 Lowell Ave | 2BR,1BA | $0.27 |
105 Adams St, Unit 06 | 105 Adams St | 1BR,1BA | $0.24 |
1383 Washington St, Unit 3 | 1383 Washington St | 3BR,1BA | $0.36 |
1383 Washington St, Unit 3 | 1383 Washington St | 3BR,1BA | $0.36 |
1383 Washington St, Unit 3 | 1383 Washington St | 3BR,1BA | $0.36 |
1383 Washington St, Unit 3 | 1383 Washington St | 3BR,1BA | $0.36 |
409 Lowell Ave, Unit 1 | 409 Lowell Ave | 3BR,2BA | $0.36 |
137 Virginia Rd | 137 Virginia Rd | 4BR,2BA | $1.49 |
Quick 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 #15
Among neighborhoods in Waltham, MA 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 $2,400.
What is the price of a cheap apartment in Island?
The cheapest apartment in Island is Newton Gardens which is listed at $2,399, while the average apartment in Island costs $7,500.
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 7 regular apartments in Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.