
Cheap Homes for Rent in Island Neighborhood of Waltham, MA from $1,700 (44 Rentals)
Search the lowest-cost Homes available for rent right now in the Island area of Waltham.


Private bedroom in 5 bed/2.5 bath Home

7 Harvard Pl, Unit #1

25 Ash St, Unit 03
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.

147 Brown St, Unit 2R

21 Stearns St

95 Adams St, Unit #3

103 Alder St, Unit 1

240 Crescent 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.

141 Brown St

202 High St

20 Norumbega Terrace

7 Walnut St, Unit 1
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.

19 Norumbega Ter, Unit 01

227 Walnut St

2043 Commonwealth Ave, Unit 36

141 Brown St, Unit 2F

41 Walnut St, Unit 44

18 Hall St, Unit 2

76 Robbins St, Unit 2
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.

8 Friend St, Unit 4

26 Orchard Ave, Unit 1

130 North St

9 Higgins St, Unit 3

6 Hammer St, Unit 6

11 Williams St
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

41 Angleside Rd, Unit 3

41 Angleside Rd

15 Stratton Terrace

17 Stratton Terrace
Island, Waltham, MA Local Guide

How much does it cost to rent a home in Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Island 2 Bedroom Homes for Rent | $3,021 | $2,500 | $3,950 |
Island 3 Bedroom Homes for Rent | $4,044 | $2,700 | $7,000 |
Island 4 Bedroom Homes for Rent | $5,079 | $3,300 | $10,000+ |
Island 5 Bedroom Homes for Rent | $6,909 | $4,400 | $10,000+ |
Island 6 Bedroom Homes for Rent | $6,682 | $5,500 | $7,300 |
Browse Homes for Rent in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Island Neighborhood of Waltham, MA.
Explore Waltham
Island, Waltham, MA Local Guide
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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 $1,150. The Point at Waltham has the second lowest priced unit, which is a Studio apartment currently listed from $2,195. 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 |
The Point at Waltham | S1A (Income Restricted) | Studio,1BA | $2,195 |
Newton Gardens | One Bedroom | 1BR,1BA | $2,289 |
Charlesbank Estates | 1BR/1BA | 1BR,1BA | $2,400 |
Best Value Apartments for Rent in Island, MA
As of June 20, 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 |
409 Lowell Ave, Unit 1 | 409 Lowell Ave | 3BR,2BA | $0.36 |
137 Virginia Rd | 137 Virginia Rd | 4BR,2BA | $1.49 |
55 Stow St, Unit 2 | 55 Stow St | 3BR,2BA | $1.63 |
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.
Frequently Asked Questions about Island
What type of rentals are currently available in Island?
There are currently 500 Apartments for Rent in Island, MA with pricing that ranges from $1,150 to $18,334. There are also 199 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island ranging from $1,750 to $12,999.
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 $1,750 to $12,999 with an average monthly rent of $4,262.
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 $2,700 to $16,704, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $7,000. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $3,500.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.