
Cheap Apartments for Rent in the Island Neighborhood of Waltham, MA from $1,100 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island area of Waltham.


509 Main St

32 Brown St

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366 Crescent St, Unit 2

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14 Eddy St, Unit Unit 2

90 Bacon St

144 School St

14 Eddy St

259 Calvary St
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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260 River St, Unit 6

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ReNew Waltham

189 River St

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Charlesbank Estates

76 Brown St

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152 Brown St, Unit #1R

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25 Maple St, Unit 25-1R

107 Pond St

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Currents on the Charles
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.

331-333-333 Grove St

207 South St

177 Robbins St

266-274 River St

83 Brown St

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28 Austin St

1143 Beacon St

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1143 Beacon St, Unit 1

278 Grove 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.

Newton Gardens

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154 Lexington St, Unit 2

282 Grove St

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256 Lowell Ave, Unit 2

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256 Lowell Ave, Unit 2

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256 Lowell Ave, Unit 2

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282 Grove St, Unit 06

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Silver Lake Apartments

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256 Lowell Ave, Unit #2
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.

256 Lowell Ave

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256 Lowell Ave, Unit 2

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282 Grove St, Unit 9

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286 Grove St, Unit 3

286 Grove St

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1595 Commonwealth Ave

128 North St

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25 Westfield Rd, Unit STU W. Newton

Farwell Street Apartments
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.

Golda Meir House 62+ Senior Housing
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 | $2,500 | $1,175 | $3,210 |
| Island 1 Bedroom Apartments | $2,748 | $1,800 | $3,782 |
| Island 2 Bedroom Apartments | $3,337 | $2,000 | $10,000+ |
| Island 3 Bedroom Apartments | $4,232 | $2,450 | $6,779 |
| Island 4 Bedroom Apartments | $4,374 | $3,500 | $5,400 |
Browse Apartments in this Neighborhood
There are currently 46 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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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 $2,189. 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 | Fayette | 1BR,1BA | $2,189 |
| Newton Gardens | One Bedroom Affordable Style 1- Income Guidelines | 1BR,1BA | $2,195 |
| Silver Lake Apartments | Two Bedroom | 2BR,1BA | $2,300 |
| Charlesbank Estates | 1BR/1BA | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Island, MA
As of January 29, 2026 the best value apartment in the Island area is the $0.23 price per square foot 282 Grove St Model at 282 Grove St, Unit 9 in the in the Wellesley Hills neighborhood starting from $2,300. The second greatest value Island apartment is the 286 Grove St Model at 286 Grove St, Unit 3 starting at $2,350 with a $0.24 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. |
|---|---|---|---|
| 282 Grove St, Unit 9 | 282 Grove St | 1BR,1BA | $0.23 |
| 286 Grove St, Unit 3 | 286 Grove St | 1BR,1BA | $0.24 |
| 1143 Beacon St, Unit #2 | 1143 Beacon St | 2BR,1BA | $0.27 |
| 281 Lowell Ave, Unit 2 | 281 Lowell Ave | 3BR,1.5BA | $0.27 |
| 149 Crescent St, Unit 302 | 149 Crescent St | 2BR,1BA | $0.29 |
| 19 Banks St, Unit #1 | 19 Banks St | 3BR,2BA | $0.38 |
| 84 Walker St, Unit 2 | 84 Walker St | 3BR,1BA | $0.39 |
| 108 Walnut St, Unit 1 | 108 Walnut St | 4BR,2BA | $1.64 |
| 108 Walnut St, Unit 108 | 108 Walnut St | 4BR,2BA | $1.64 |
| 137 Virginia Rd | 137 Virginia Rd | 4BR,2BA | $1.49 |
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 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 #15
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 the Cheapest Studio apartment in Island?
Currently the most affordable Cheap Studio Apartment in Island is at Adams Street Apartments - No Fee, Short Term listed at $1,175.
How much is rent for a Cheap One Bedroom Island Apartment?
The lowest price for a Cheap One Bedroom Island Apartment is $2,189 at ReNew Waltham.
What is the lowest price for a Cheap Two Bedroom Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Island is starting from $2,269 at ReNew Waltham.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.