Cheap Apartments for Rent in the Island Neighborhood of Waltham, MA from $1,100 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Island area of Waltham.

property at 479 Moody St

479 Moody St

WalthamMA02453
property at 34 Crescent

34 Crescent

WalthamMA02453
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87 Harvard St, Unit 2
$1,900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900
1 Bedroom Apartment Available Now

87 Harvard St, Unit 2

87 Harvard StWaltham, MA 02453
Affordability
property at 5 Wellington Ave

5 Wellington Ave

WalthamMA02451
property at 763 Main St

763 Main St

WalthamMA02451
property at 93 Cushing St

93 Cushing St

WalthamMA02453

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.

property at 172 River St

172 River St

WalthamMA02453
property at 72 Adams St

72 Adams St

WalthamMA02453
property at 33 Middle St

33 Middle St

WalthamMA02451
property at 100 Central St

100 Central St

WalthamMA02453
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105 Adams St, Unit #02
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
1 Bedroom Apartment Available Now

105 Adams St, Unit #02

105 Adams StWaltham, MA 02453
Affordability

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.

property at 259 Calvary St

259 Calvary St

WalthamMA02453
property at 8-10 Bolton St

8-10 Bolton St

WalthamMA02453
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82 Exchange St
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
1 Bedroom Apartment Available Now

82 Exchange St

82 Exchange StWaltham, MA 02451
Affordability
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Currents on the Charles
Rent Specials
$2,257 - $3,123
Total Monthly Price

Total Monthly Price

Base Rent
$2,242 - $3,108
Required Monthly Fees
$15

Total Monthly Price
$2,257 - $3,123
Studio to 3 Bedroom Apartments Available Now

Currents on the Charles

36 River StWaltham, MA 02453
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 189 River St

189 River St

WalthamMA02453
property at 13 Spruce St

13 Spruce St

WalthamMA02453
property at 78-80-80 Harvard St

78-80-80 Harvard St

WalthamMA02453
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152 Brown St, Unit #1R
$2,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350
1 Bedroom Apartment Available Now

152 Brown St, Unit #1R

152 Brown StWaltham, MA 02453
Affordability
property at 685 Moody St

685 Moody St

WalthamMA02453

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.

property at 80 Myrtle St

80 Myrtle St

WalthamMA02453
property at 21 Gardner St

21 Gardner St

WalthamMA02453
property at 46 Bolton St

46 Bolton St

WalthamMA02453
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177 Robbins St
1 to 2 Bedroom Apartments

177 Robbins St

177-181 Robbins StWaltham, MA 02453
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266-274 River St
2 Bedroom Apartments

266-274 River St

266-274 River StWaltham, MA 02453
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83 Brown St
1 to 3 Bedroom Apartments

83 Brown St

83 Brown StWaltham, MA 02453
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28 Austin St
$1,930
Total Monthly Price

Total Monthly Price

Base Rent
$1,570
Required Monthly Fees
$360

Total Monthly Price
$1,930
Studio Apartments Available May 14, 2026

28 Austin St

28 Austin StNewton, MA 02460
Furnished
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1143 Beacon St
$1,999
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999
1 Bedroom Apartment Available Now

1143 Beacon St

1143 Beacon StNewton, MA 02461
Affordability

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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154 Lexington St, Unit 2
$2,250
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250
1 Bedroom Apartment Available Nov 5

154 Lexington St, Unit 2

154 Lexington StAuburndale, MA 02466
  • Smoke Free
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256 Lowell Ave, Unit 2
$2,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300
1 Bedroom Apartment Available Now

256 Lowell Ave, Unit 2

256 Lowell AveNewton, MA 02460
Affordability
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Woodland Park
Studio to 2 Bedroom Apartments

Woodland Park

264 Grove StAuburndale, MA 02466

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.

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Watertown Mews
Studio to 3 Bedroom Apartments

Watertown Mews

1 Repton DrWatertown, MA 02472
  • Utilities Included

Island, Waltham, MA Local Guide

Cheapest Available Island Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Adams Street Apartments - No Fee, Short TermFurnished StudioStudio,1BA$1,175

Best Value Apartments for Rent in Island, MA

As of October 29, 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 84 Walker St Model at 84 Walker St, Unit 2 starting at $3,850 with a $0.39 price per square foot in the Newton Centre neighborhood. Here is today’s list of the best values for Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
19 Banks St, Unit #119 Banks St3BR,2BA$0.38
84 Walker St, Unit 284 Walker St3BR,1BA$0.39
149 Crescent St, Unit 302149 Crescent St2BR,1BA$0.30
27 Gammons Rd27 Gammons Rd5BR,4.5BA$2.00
54 Central St54 Central St4BR,3.5BA$2.08
54 Central St54 Central St4BR,3.5BA$2.08
137 Virginia Rd137 Virginia Rd4BR,2BA$1.49
137 Virginia Rd137 Virginia Rd4BR,2BA$1.68
444 Lowell Ave, Unit 2444 Lowell Ave5BR,2BA$2.00
137 Summer St, Unit 135137 Summer St4BR,2BA$2.07

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The 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.

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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.

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Pet Friendly Lifestyle
Island, Waltham, MA

Ranked #15

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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 $1,175.

What is the price of a cheap apartment in Island?

The cheapest apartment in Island is ReNew Waltham which is listed at $2,325, while the average apartment in Island costs $7,100.

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 102 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 $1,030 which is $6,070 cheaper than the average rent for all rentals in Island.

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.