Cheap Homes for Rent in Island Neighborhood of Waltham, MA from $1,000 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 180 River St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

Studio, 1 Bath Condo for Rent

Available Now

180 River St

WalthamMA02453
property at 7 Spruce St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

7 Spruce St

WalthamMA02453
property at 25 Ash St

$1,750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

Studio, 1 Bath Condo for Rent

Available Now

25 Ash St, Unit 03

25 Ash St
WalthamMA02453
close
View Me
28 Austin St
$1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,540
Required Monthly Fees
$360

Total Monthly Price
$1,900
Studio Apartments Available May 14, 2026

28 Austin St

28 Austin StNewton, MA 02460
Furnished
property at 147 Brown St

$1,925

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,925

Total Monthly Price
$1,925

1 Bedroom, 1 Bath Condo for Rent

Available Now

147 Brown St, Unit 2R

147 Brown 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 124 Bacon St

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

124 Bacon St, Unit B

124 Bacon St
WalthamMA02451
property at 80 Robbins St

$2,125

Total Monthly Price

Total Monthly Price

Base Rent
$2,125

Total Monthly Price
$2,125

1 Bedroom, 1 Bath Condo for Rent

Available Now

80 Robbins St

WalthamMA02453
property at 240 Crescent St

$2,225

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,225

Total Monthly Price
$2,225

1 Bedroom, 1 Bath Condo for Rent

Available Now

240 Crescent St

WalthamMA02453
property at 8 Friend St

$2,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

2 Bedroom, 1 Bath Condo for Rent

Available Now

8 Friend St, Unit 4

8 Friend St
WalthamMA02453

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 19 Norumbega Ter

$2,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

19 Norumbega Ter, Unit 01

19 Norumbega Ter
WalthamMA02453
property at 32 Whitman Rd

$2,350 - $2,545

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

2 Bedroom Rentals

Available Now

32 Whitman Rd

WalthamMA02453
close
View Me
90 Kodiak Way
$2,400
Total Monthly Price

Total Monthly Price

Base Rent
$2,020
Required Monthly Fees
$380

Total Monthly Price
$2,400
1 Bedroom Apartments Available Jan 8, 2026

90 Kodiak Way

90 Kodiak WayWaltham, MA 02451
Furnished
property at 141 Brown St

$2,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

141 Brown St, Unit 2F

141 Brown St
WalthamMA02453
property at 202 High St

$2,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Townhome for Rent

Available Apr 1, 2026

202 High 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 207 South St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

207 South St

WalthamMA02453

Island, Waltham, MA Local Guide

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. Newton Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,095. Here are the most affordable Island apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Adams Street Apartments - No Fee, Short TermFurnished StudioStudio,1BA$1,175
Newton GardensOne Bedroom Affordable Style 1- Income Guidelines1BR,1BA$2,095
ReNew WalthamAshworth1BR,1BA$2,239
Charlesbank Estates1BR/1BA1BR,1BA$2,300

Best Value Apartments for Rent in Island, MA

As of December 22, 2025 the best value apartment in the Island area is the $0.23 price per square foot 268 Grove St Model at 268 Grove St, Unit 2-A in the in the Wellesley Hills neighborhood starting from $2,300. 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.
268 Grove St, Unit 2-A268 Grove St1BR,1BA$0.23
84 Walker St, Unit 284 Walker St3BR,1BA$0.39
149 Crescent St, Unit 302149 Crescent St2BR,1BA$0.29
19 Banks St, Unit #119 Banks St3BR,2BA$0.38
27 Gammons Rd27 Gammons Rd5BR,4.5BA$2.00
108 Walnut St, Unit 1108 Walnut St4BR,2BA$1.64
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

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Island, Waltham, MA

Ranked #13

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Island

What type of rentals are currently available in Island?

There are currently 425 Apartments for Rent in Island, MA with pricing that ranges from $1,175 to $12,000. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island ranging from $1,030 to $22,500.

What is the current price range for Rental Homes in Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Island ranges from $1,030 to $22,500 with an average monthly rent of $4,389.

How much are larger Three and Four Bedroom Rentals in Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Island range from $2,450 to $6,779, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,299 and Four Bedroom Apartments start at $3,500.

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

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.

decorative image for A Local Experts Guide to the Top Boston Neighborhoods for College Renters article

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!

decorative image for Explore Like a Local: The Insider's Guide to Boston article

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.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.